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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

April - 2006 - issue > Company Profile

Success Intuition at Intuit

Priya Pradeep
Saturday, April 1, 2006
Priya Pradeep
Engineers at Intuit India are flashing their thirty-two pearls. Wide smiles. Intuit has done it again. It is Fortune magazine’s ‘Most Admired Software Company in America’ for 2005 and 2006 consecutively and not just by fortune. It has made it to this list with consistently high rankings for the past four years on critical reputation drivers enlisted by the magazine. Prominent of which are ‘innovation’ and ‘ability to attract, develop and keep talented people’. And the India Product Development Center’s (PDC) contribution to it is by no means a small measure.

Intuit India sprinted off the blocks in April 2005. And the annual product release for an accounting software package for 2005 had to be done in September. Just five months to show results for the India PDC to the $2 billion Mountain View, CA headquarters. There was market competition brewing in the U.S. within the small business accounting space. Intuit India had to come out with features for the company’s QuickBooks software range to address the concern. Results were produced. The top-left hand corner of the QuickBooks software package sold in the U.S. has ‘Office Integration Features’ emblazoned on it. It’s a key feature developed by the India team, which allows Intuit to compete with a rival product from Microsoft. Yet another example of Indian intuitiveness proved at Intuit.

“QuickBooks, our flagship product with over 85 percent market share in the U.S. caters to accounting needs of small businesses, and is the source of a larger part of our revenue. At the India PDC the focus is on QuickBooks. We are working on the Office Automation project because people have to use QuickBooks in conjunction with other MS Office products like Word, Excel and Outlook. Microsoft has a project that is in the beta stage now and at Intuit India we are looking at how we can accommodate those changes within QuickBooks,” says Deepa Bachu, Senior Engineering Manager, Intuit. The PDC here is gearing up to ward off the challenges from Microsoft (which has launched the Small Business Accounting (SBA) package), Peachtree and MYOB.

The lavish 22,000 square feet PDC in Bangalore, which can accommodate 90 engineers, believes in customer driven innovation and recently suggested game changing ideas to the headquarters. It caters to finding financial, tax and accounting solutions for Intuit’s small business customers. “Intuit is here in India as part of the growth strategy of the company. The small business market is growing rapidly and Intuit is here to expand its product development capability to cater to this growing market,” says Ranga Shetty, Head–Product Development.

Desktop applications are being developed here as most small business customers in the U.S. use PC’s, which run on the Microsoft platform. At present C++ is used to develop products but going ahead C # and .NET will be used as per market considerations. Java based, Web-enabled solutions are also big technology areas for Intuit. India being big in cell phone penetration has caught Intuit’s attention, and the India team may evolve products for mobile device access to Intuit’s financial and accounting solutions.
The Intuit challenge at India is how to serve 25 million customers despite being remote as customer focus is the alpha priority of the company. Frequent trips onsite for two-three weeks solve this barrier to a large extent. Video conferencing, customer listen-in sessions which are conducted using audio links and Voice of the Customer (VoC) data which is captured using elaborate mechanisms and stored in a repository are some means developed at Intuit to bridge the gap of time and distance.

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