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Entrepreneur Year Book 2012 > Services > Compassites Software Solutions Pvt Ltd

Compassites Software Solutions Pvt Ltd

Compassites Software Solutions Pvt Ltd
About us
Every one of us has ideas, It matters when we do something about it.
Compassites an ideation company specializes as an Innovative Solutions Development and Outsourced Product Development company. Members at Compassites aspire and are committed to be the perfect partner to create value in a socially responsible way by translating these valuable ideas into commercial realities that truly solves the problems.
 
In the last six years, Compassites has been instrumental in ideating and building 20+ software products using cutting edge Internet and Mobile technologies. While many of them have grown up to become successful initiatives in large enterprises and some
  of them started as a simple solution have emerged to be an award winning entrepreneurial companies by itself.
 
A well-defined framework for ideation coupled with members strong in technology, supported by an expert team in innovation, Incubation & User Experience makes Compassites a unique and powerful company, making it compelling to be associated with.
Sunil Bhatia
FOUNDED:
2006
OFFICES:
India (Pune, Bangalore),U.S. (Kent,Sunnyvale)
KEY PERSON:
Naveen Lakkur, President CEO
Today Naveen is a CEO, an Entrepreneur, a Technocrat, a Solution Architect and a Business Startup Coach. A career chiseled with milestones, accredited to numerous start-ups & manifested in many roles. In all, it was the passion that pushed him further – steering ahead and surging forward, and which continues to do so. There still lies a lot of quest for more conquest. Naveen has around twenty years of experience most of which was in leadership positions in technology based startups.

Naveen frequently speaks in various industry conferences and writes on www.start2lead.com.

If you are an enterprise waiting to convert your idea into a commercial reality, or scale your business or looking for a partner who can help, you can schedule a meeting with him.
CLIENTELE:
Comprises of Web2.0 Product Companies in the USA, Large Energy Company in Europe, The Largest Loyalty Management Company in Germany and India, The Largest private Banking organization in India.
INVESTORS:
Privately Held (Promoters, Board Members and Active Angels). Compassites has an adorable set of Board Members who are industry leaders in their respective fields.
COMPETITORS:
Outsourced Product Development Companies like Persistent, Symphony and Aditi.
WEBSITE:
www.compassitesinc.com
SERVICE OFFERINGS:
Compassites is committed to be a trusted technology partner with a focus on Outsourced Product Development, with a specialization on Business Portal Development. The services are broadly classified into two categories of  Product Development Services and Consulting Services. Customers have the flexibility to choose any of  the individual service line or can opt for the full product lifecycle management services. The Product Development Services include:
  • Product Architecture & Design Services
  • Product Engineering Services
  • Product Re-Engineering Services
  • Product Testing Services
  • Product Implementation & Support Services
These services are well complemented with the Consulting Services that assists and support the clients in building useful, scalable, reliable, extendable, robust product to suit their business needs. The consulting services include:
  • Innovation Consulting Services.
  • Technical Architecture Consulting
  • Services Estimation Consulting
  • User Experience Consulting Services
WHAT NEXT?
If our past was about precious time spent with the focus on laying a strong foundation, the future is all set for the Growth in the right direction.
Growth in terms of  more number of product innovation & development, regions of operations, employees, new business frameworks/ solutions, customers and happy product users.
DIFFERENTIATING FACTORS:
Outsourced Product Development Services itself  is a service higher up in the value chain and Compassites with its ability to engage at an idea stage makes it very special. Compassites is proud of its team that makes it further special as they bring the required skills and passion to innovate. The eco-system that Compassites has built that enables IP Creation; IP Protection and IP Monetization is the icing on the cake.
REVENUE MODEL:
Compassites engagement models concentrates on long-term association with its clients. While it follows some of the very matured models of  Fixed price and T&M models, it also takes business association one step further by sharing the risk & reward with its unique pricing model of  Cost++. Monthly retainers and Build, Operate & Transfer are the other strategic engagement models followed for large product development initiatives.

 

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