Profile Panacea Infotech Pvt Ltd


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Profile Panacea Infotech Pvt Ltd

  1. 1. Established in 2004 in Pune, India, Panacea Infotech Private Limited is premier software, services and web design company developing leading-edge solutions, products and designs for addressing the needs of businesses worldwide. Panacea Infotech Private Limited has an excellent and experience team of professionals from various background and academics. Panacea is perfectly poised to partner the client’s business to new levels of efficiency, profitability and growth. Panacea offers a range of vertical solutions, web solutions, a range of ready-to-use packaged products, consultancy, development of customized solutions for varied industries, human resource and training. Panacea Infotech Private Limited with strong technology, an efficient design team, and custom product and web development expertise, promises to break into the top league of service providers to a wide clientage. Its development center in Pune, India offers both high quality and a competitive cost advantage. We specialize in providing end-to-end e-business solutions in an offshore-based delivery model. Our capabilities span both the technology and design domains. We develop and deliver industry-leading products that enable our customers to manage and secure their e- business. Started by two first generation entrepreneurs and backed up by a team of more than twenty professional including engineers, designers and architects Panacea Infotech is an ideal partner for your growing business. We provide full-range service to Define, Develop and Support software projects. Whether you have the full product specification or only the business idea, we turn your project concept into reality. We analyze your project in order to define goals and plan a detailed roadmap to reach those goals. Our proven step-by-step methodology helps us maintain accurate development schedules and documentation of development.
  2. 2. • We know that our customers are the source of our living therefore we serve them beyond their expectations and core competencies and above market standards. Pursuance of progressive world in a race for modern technology • To look forward for the new era with bright hope and with immense optimism, viewing the revolution of information and communication. • Commitment to satisfy the paramount needs of our customers, which can only be met by continuous efforts of a vibrant creative organization. • Dedication and professionalism to ensure the company’s development. • Panacea Infotech Private Limited is set to develop leading edge software solutions, web solutions and efficient designs that will enhance efficiencies of businesses worldwide and help companies in establishing and promoting their brands. Firm and solid belief in adopted ideas. We operate as an integrated management system, combining quality, commercial and technical disciplines into coherent approach • Understanding our customers needs and requirements • Meeting or exceeding our customer’s expectations • Use of a practical mix of new and proven techniques and technologies • Constant development of our staff and management expertise • Our commitment of the continual improvement of our processes • Propensity to innovate, creation and transparency • Selectivity of product and producer • Quest for excellence and perfection to offer the highest standards of service • Exploration of the concealed energies and talents of our employees
  3. 3. xpertise All of our team members have several years of expertise developing customized, fully integrated systems in a variety of industrial standards. Some of our team members have worked on software projects for industry leading firms such as Infosys and Persistence. In addition, Panacea Infotech Private Limited has a well-managed administrative support staff to assist in meeting your needs. Technically Advanced Our software development tools and products implement Object-Oriented design and programming. Further, we use the most modern development tools and technologies available on the market today. We are staying on pace with the fast evolving software development capabilities and uses of multimedia and the Internet. Availability The Internet allows us to communicate with your team as easily as if we were in the next room. All of our project managers you will potentially interact with have strong English language skills thus eliminating language barriers. Also, because of our location in Pune (India), we can receive our feedback in the morning and address your concerns before you arrive at work the following day (for the companies located in USA). Flexibility We are custom-build to client specific requirements. We have proven to be able to react quickly and to adjust to any changes or additions thrown at us during the course of a project. Speed Because of our experience, the tools we have evolved, and our talented programmers we can develop quality, customized systems very quickly. Dedication Our programmers are professionals in the truest sense of the word. When we have your deadlines to meet we ensure the deadline is met. Our people put in whatever work is required, whenever needed, to keep our clients happy. Reasonable cost India has low operating costs and low-cost labor, yet India is a world technological superpower. Pune location provides us with a rich pool of technical talent and low-cost
  4. 4. environment for operating, overhead and salaries. Therefore, we can pass on significant savings to you. Ultimately, you'll get more for your software budget. Expandability For our clients' proprietary software development projects, we tap a virtually unlimited supply of highly skilled programmers and professionals. Security Panacea Infotech Private Limited is a 100% Indian Software Development Company. Our legal, banking and accounting relationships are spread all over India, USA and UK. You have the convenience and security of dealing with an Indian business with the added benefit of a much lower development cost. Our Commitment to Business Continuity Panacea Infotech has a robust and time-tested Business Continuity Model (BCM) that ensures that the business operations of Panacea Infotech are not disrupted by any natural or Unnatural disaster. The BCM reiterates our commitment to delivering the highest quality solutions using the onsite/offshore model, and protecting our clients from risk. Our business continuity plans are based on the need to protect professional staff, computing infrastructure, and intellectual property in order to help our customers remain in business through any contingency. That includes provisions to ensure the mobility of professional skills along with fully redundant communications backbones and computing infrastructures. Corporate Headquarters Panacea Infotech Pvt. Ltd. T-5 to T-8, Super Mall, Salunke Vihar Road, Wanowari, Pune – 411040. Tel: +91 20 3291 3760 Fax: +91 20 2683 5682 Website:
  5. 5. Location Panacea Infotech Private Limited is headquartered in Pune, one of the major cities of Western India. Pune is an emerging metropolis situated approximately 200 km southeast of Mumbai (previously Bombay). Pune is well connected to Mumbai by Rail and Air as well as a sleek new Expressway that reduces the Mumbai Pune driving time to a little over two hours. Pune city and its Information Technology Park in Hinjewadi are home to a number well- known software companies and is arguably western India's leading city in terms of technology companies. Its proximity to India's commercial capital Mumbai combined with pleasant weather year round and excellent infrastructure makes it truly a location of choice. Pune also has a tradition of being home to excellent educational institutions. Pune's status as an academic city ensures that businesses here have the cream of the nation's technical talent available to propel innovation and growth. Panacea Infotech Private Limited development center in Pune is a spacious development center and the sophisticated infrastructure is complete with an array of advanced workstations, cutting edge computing and network systems, power packed online servers, smart communications systems, enhanced conference halls, CBT and video learning facilities. Our facility provides an ideal and exclusive environment to creative and skilled professionals engaged in information technology development activities. It is scientifically designed and a fully networked workspace, complete with all the support services. High-speed data communication links provide connectivity to clients worldwide. While being fully secure & well equipped, this round-the-clock technology center ensures each and every software engineer/consultant, up and running workstation connected to servers and printers. The company's LAN has been built by the 100MB Ethernet technology with micro segmentation. The LAN comprises servers under OS Linux and Windows 2000 Server and over 30 workstations under Windows XP and Windows Vista.
  6. 6. A 1 MBPS (extendible to 4 MBPS) line provides access to the Internet, with backup of broadband Internet connectivity of 1 MBPS. A double firewall separates the line from the LAN. Hardware Platforms: • High-End Dual Pentium Servers (Linux, NT) and • Pentium IV Desktop PCs • LANs Communications: • ISDN and Leased Lines (Internet) to International Customer (as per requirement) • Internet access and e-mail • Client Extranet • Corporate Intranet In the new economy, we realize that customers are increasingly demanding the flexibility that best serves their unique business requirements. We provide the option of selecting a combination of business models to suit various phases of a project cycle. Fixed Time/ Fixed Price: Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This model guarantees on-time, on-budget delivery of projects. Deliverables, costs and timelines are clearly defined in the Fixed Time/Fixed Price model. Panacea Infotech Private Limited follows a phased approach that includes scoping, development, implementation and business support. Combining the fixed time, fixed price model with our solutions center, we can offer customers a tremendous advantage on the cost front.
  7. 7. Time and Materials: In this business model, Panacea Infotech Private Limited forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Customers pay a monthly charge based on the size and composition of the team. This model offers the flexibility to balance team size and project workloads. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model. Panacea Infotech Private Limited could bid for partial phases of a project on a fixed time, fixed price basis and the remaining parts on a time and material basis. In such engagements, the client has complete flexibility in using our associates in tasks that match their area of expertise. Panacea Infotech Private Limited provides knowledgeable, skilled, motivated, energetic and competent consultants who work seamlessly as part of client teams to provide quality solutions. Our consultants are handpicked after assessing their technical, communication and interpersonal skills. We keep our consultants on the cutting edge of information technology by providing them with ongoing advanced training and skill-building workshops. Revenue/Risk Share: We have endeavored to partner with our clients, by offering unique risk-reward models for project delivery. Since information technology is intended to help our clients become more effective in their business operations, we are open to linking our charges for a project with the level of business benefit our clients realize. Revenue/Risk share models are popular amongst emerging businesses or technology companies, wherein Panacea Infotech can invest and share the development costs in return for jointly owning the Intellectual Property (IP) and sharing revenue/licensing fees. The risk and reward model is typically used during software product/subsystem development. Under this business model Panacea Infotech shares the risks involved in developing and marketing a product along with our customers. Proof of concept: Our commitment to our clients and confidence in ourselves is complete. So much so that, we would gladly offer a pilot project with our compliments and with minimal professional fee to a new member of our client family.
  8. 8. Which organization would not like to have a dedicated IT delivery team? A team that understands their business and technology, which can be quickly changed in size without the administrative overhead of resourcing, managing and enabling the team with the infrastructure required. And, of course, delivers high-quality cost-effective solutions. Sounds like a dream! We have made this a reality for more than one client. We partner with our clients to invest in replicating their IT environments, training our teams, setting up communication & security systems and integrating our development processes with theirs to ensure that the offshore team is an efficient and seamless extension of the client's development facilities. We also invest in creating a pool of additional resources that can be used to augment the team at any time. Add to this a system that optimizes employee productivity and charges clients attractive long-term rates and you can realize what we offer to our clients on a long-term basis. In India, we can establish and manage your dedicated offshore development center to develop IT solutions, maintain legacy systems, and provide 24-hour, on-call support. Our areas of expertise include web solutions, client-server / distributed computing architectures, web enabling of applications, website designing / development, Open Source and brand positioning. These skills form the foundation of our ability to provide complete enterprise solutions to our clients ranging from legacy system maintenance, migration and new application development. We focus on providing complete Enterprise Resource Planning and Customer Relationship Management solutions. We provide solutions on a wide array of platforms such as Windows, Linux, Sun, ASP, ASP.NET, PHP, PERL, CGI, Java, VB, VB.NET, XML and Macromedia Studio MX. We use all licensed software for our development works.
  9. 9. The Team Profile We have excellent team of skilled and experienced professionals, Engineers, Designers, Business Analyst and Consultants who are well qualified and experienced in their respective fields. Panacea Infotech Private Limited Approach & Strengths Information Technology has not always been able to address the needs of SME markets. The hurdle being reasons like affordability, geographical reach, downtime and limited spread of quality IT development centers locally. The Process Management Process Requirement & Final Delivery Quality Analysis Feasibility Study Project Scope & Beta Testing Project Costing Client Project Modules Documentation Integrations Prototype / Concept Development as per Modules Testing Design Modules
  10. 10. Software Development Methodology At Panacea Infotech, a standardized software development methodology helps us to provide very cost-effective and efficient business solutions. The following would give a better understanding of the same... PHASE 1- REQUIREMENTS GATHERING Our business consultants conducts Joint Application Development (JAD) sessions with the client. These are brainstorming sessions that help determine the business objectives and marketing goals. Prototype storyboards or screen layouts are used for role-playing. PHASE 2 -TECHNICAL ARCHITECTURE Our Technical Architects advice the client on options available to him with respect to architectural approaches and technology solutions for project implementation. PHASE 3 - CONFIRMATION Based on the architecture and technology chosen, the development team of programmers, graphic designers and project managers draft a development plan for the project with cost and time estimates. PHASE 4 -INCREMENTAL DEVELOPMENT This is the stage where the project is actually off the ground. Panacea Infotech builds the application in progressive phases or increments. Incremental delivery permits experimentation of complex solutions during the course of development. This approach facilitates modifications through hands-on exposure to the delivered increment. PHASE 5 -INSTALLATION and TRAINING once the system is installed on the production servers, comprehensive training is extended to the client's IT/ MIS personnel; not only to administer and maintain it, but also to understand the underlying technology and development tools. The end-users are trained to use the application effectively. Follow-up action in terms of close monitoring of the system and applications ensures immediate response to issues. This development process allows us to guarantee: • On-time completion of the project, • Delivery of a high-quality system meeting your business requirements, This development process provides a flexible and easy to use system.
  11. 11. Panacea follows Agile methodology for the execution of projects. Panacea tailor this process to suits clients needs. With Agile process, at the end of every iteration Panacea releases set of requirement to the client, that are agreed Clients and Panacea. Improved return on investment (ROI): An agile process delivers valuable results on every single iteration. This provides the basis of early return on investment. The organization can then take those results and start to realize their benefits immediately after the very first iteration
  12. 12. Change is welcome: Unlike software development projects of the past that required costly change orders with major time impacts, with agile, you have a chance to change course every two or four weeks. As value is added your priorities might change. With agile, not only is that alright, that is expected and easily handled. Also, if at any point in the development process you decide that you are ready to go live with what you have. Improved control of a project: Through the continuous prioritization of the work that needs to be done, you have control over what is developed when. This ensures that features providing the highest ROI for the project are completed first. This also means that critical core functionality is developed first, so that as more value is added, testing can be performed to ensure that nothing core has been broken. More communication with the team Another big change that agile brings is increased communication between the team and you. If they don’t understand something, you will get an email or a call. You may get more than you expect, until the team has a grasp of what you are trying to accomplish. This is very important, as you understand your business and customers better than we do.