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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.

July - 2008 - issue > Company Spotlight

Iteamic: Enabling Business Transformation

Jaya Smitha Menon
Wednesday, July 2, 2008
Jaya Smitha Menon
A leading gift asset management company specializing in planned gifting for its beneficiaries needed a technology partner to develop tailor-made solutions to address the entire range of challenges they encountered. When off-the-shelf products failed to fulfill their needs, they looked at Iteamic for help in developing and managing its enterprise-wide Trust Administration and investment applications, from fundraising, gift planning, payments processing to portfolio rebalancing. The gift asset management company was so happy with the quality of this partnership, that they soon transferred complete IT responsibility to Iteamic to develop a new applications suite closely integrated with its existing legacy systems.

Iteamic is a software services company which provides integrated business and technology solutions and consulting services to established and emerging companies globally. Iteamic harnesses technology to streamline business processes and improve operational efficiency for real business transformation.

With off shoring no longer being associated with cost arbitrages alone, but with the value that is brought to the client by partnering with a domain and technology expert, it also gives the clients an edge with the technology partner’s global experience and knowledge diversity. With deep expertise in financial services and education sectors, Iteamic has evolved from simply executing technology to taking ownership for improving clients business, by embedding the perspective of business and organization throughout its delivery chain while implementing technology.

Iteamic adopted this transformational business strategy during its formative days in 2004 which has given them a competitive advantage and positioning in the industry. "We believe in partnering with our clients for mutual success and growth," explains Raghurama Kote, Founder and CEO, Iteamic. "We don’t go to the clients for projects. We approach them with the idea of understanding their business and reforming it in an effective and scalable manner," he elaborates. Working with the CIO, Iteamic creates an IT roadmap for these enterprises instead of merely suggesting a technology-based solution. To ensure deep expertise, the company is laser-focused on two sectors viz. finance and education. To focus on any domain, an in-depth understanding and appreciation of the business drivers is vital. “We have specialists with domain knowledge who are continuously updating themselves on the industry vitals” adds Kote.

In the education sector, one of the world’s foremost private university graduate business schools approached Iteamic to strategize on their business workflows for student registration, admissions, student-faculty communication and related administrative activities. Iteamic faced the challenge of maintaining the legacy applications while revamping the existing architecture to bring more web-based capabilities, flexibility and scalability to the technology infrastructure. "Organizations considering migration must prioritize the work based on the business value, examining the available replacement options to make the right decision," details Kote.


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