EONE Technologies: Bridging Demand Supply Gap in BPM
Date: Wednesday , October 12, 2016
Organizations\' habit of spending hefty money towards infrastructure and ERP has become as obsolete as the floppy discs of the bygone decade. Nowadays, the focus of client organizations has shifted towards Business Process Management (BPM), as it helps them to improve sales and decrease operational inefficiencies. As a result, the demand for BPM professionals is at an all time high and is only expected to grow multi-fold for the next five to ten years. However, BPM skills are predominantly built by large IT companies, who are the partners of the BPM product vendors, catering largely to their corporate level resource ramp up plans leading to increased demand supply gap thus straining the existing project resources. Tragically, many BPM projects are suffering or failing, largely owing to other (non-people) reasons and thus further fuelling the demand for right people.
Think BPM, Think EONE
Sourcing has always been seen as generalised organization function rather specialised project function and thus independent birth of staffing companies and IT Technology services companies. While an IT Technology Services company can understand the technology it fails to build sourcing capabilities especially in niche skill areas like BPM. On the other hand a staffing company tries to source and head hunt but unable to DO IT RIGHT as they lack the technical knowhow. This is where EONE Technologies differentiates itself with its creative consumer centric online market place and technology centric BPM recruitment platform and its HUGE SOCIAL presence. This Chennai-based company was established in 2014 by Megavarnan Govindaswamy - a BPM connoisseur who has held diverse positions in the industry for 20+ years (the latest being BU Head of Tech Mahindra) - and his wife. In a time when organizations had no choice but to pay a dismal amount of money to staffing companies that merely share the profiles they\'ve downloaded from jobsites, EONE flabbergasted them with high-quality profiles, leveraging the huge database of BPM community network that Megavarnan built over the years.
This facilitated this startup to garner many of India\'s top IT organizations as its clients in a miniscule period of 12 months. EONE didn\'t stop there. Convoluting the connections of 2500+ professionals in Facebook (Eone Tech Architect), 15000+ in LinkedIn and 1500+ WhatsApp group members, the company created revisitrules.com as a platform to enable knowledge exchange amongst the BPM community. Without ANY marketing endeavours, this marketplace is emerging into a de facto for clearing any doubts around BPM technologies. Having already garnered 500+ registered website users, this NASSCOM and TiE member further targets to expand revisitrules.com into a learn-assess-improve platform, that would enable BPM professionals to improve their proficiency and land into their dream jobs.
To protect IT organizations from on-boarding the wrong people in their BPM projects, EONE is building a disruptive recruitment platform called LadderPLUS, that integrates biometric authentication, technical evaluations, writepad and multiple interview conferencing solutions. With this techno-driven platform, organizations can reduce their recruitment cycle by more than 100% and increase their selection rate by more than 500 percent. \"Our platforms add value to our staffing services, staffing service adds value to mentoring, and mentoring adds value to building practice, and my practice people are adding value to platforms. It\'s a positive cycle, where all our offerings complement each other and complementing the BPM community and the industry,\" unravels Megavarnan.
Thanks to his strong relationships, as a startup founder, Megavarnan neither faced the typical challenges of recruiting the right staff and acquiring clients, nor had to worry about infrastructure, as he partnered and leveraged the innovative Second Generation Outsourcing model of his ex-bosses, and delivered the project to rave reviews. With this first success, megavarnan started building conservative service offerings successfully in the BPM space including platform products, permanent staffing, contract staffing and mentoring.
On contrary to common misconception that \'giving\' motivates, megavarnan thinks motivation is only momentary and one comes back to normalcy immediately after and thus he believes that \'never demotivate and one will remain motivated\'. Realizing this, EONE bestows its people with utmost freedom, where even a junior-most employee can take a decision independently and enjoy a flexible work time. The company insists that the yardstick of measuring one\'s capabilities should be their individual growth on a daily basis; be it learning a syntax in BPM or a simple concept in staffing. This philosophy has, in turn, boosted EONE\'s growth along with an impressive almost zero attrition rate.
The company provides opportunity to deserving people (rural graduates struggling with communication barriers, women seeking work-life balance after marriage and the likes), who haven\'t got the opportunity to excel. EONE reserves a defined time everyday to improve its people communication skills and to relax with physical exercises. The company creates a family-like bond amidst its people by creating memorable experiences by taking tours to temples and unassuming places. EONE aims to gain a reputation as a lovable company that does extraordinary work in the BPM space in the next five years.
Megavarnan Govindaswamy, Founder & CEO
This IIMB alumnus is a business leader with 20+ years of experience in Global IT consulting services, who has deep passion for customer delight. His career is marked by achievements in setting up new business initiatives, strategic alliances and building practices.
Services: BPM Consulting Services
Platforms: RevisitRules.com - a BPM knowledge sharing platform, and LadderPLUS - a career growth platform