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Who is Trilogy?
Trilogy is one of the largest privately held
enterprise software companies. Post 2008,
Trilogy has been acquiring Enterprise
Software firms, turning them around and
aligning them to deliver phenomenal value
for enterprise customers. Trilogy actively
hired from all top engineering colleges
in India (IIT, NIT, NSIT, Anna Univ, etc)
from 2000- 2008. Trilogy was THE dream
company for every Engineering graduate
with strong background in Computer
Science.
Visit www.trilogy.com
What is Trilogy’s
culture like?
Trilogy’s hiring philosophy is ‘Only the
best’. Trilogy’s great people brought about
tremendous value to its clients by solving
their hardest business problems with
technology. Trilogy has been rated among
the Top 3 most entrepreneurial company
alumni networks. Trilogeans have gone on
to found some very exciting companies, and
also are in CXO positions in many others.
See this recent article on FounderDating.
com about Trilogy’s entrepreneurial alumni
network.
http://founderdating.com/
entrepreneurial-company-alumni/
Answers to
your questions.
What is DevFactory?
Trilogy hived off its R&D activities to a
division called DevFactory, which was
incorporated as a separate entity in Dubai
in 2008. Trilogy and DevFactory are part of
the same group of companies and share
the same top management.
What does DevFactory do?
DevFactory is probably the world’s first and
only software factory. We are disrupting
the way enterprise software is created
by adopting a factory-style model for
development and delivery. DevFactory
has been built ground up on the basis of
innovative processes and tools that are
our Intellectual Property (IP). We manage
massive scale yet provide great cost
savings and high quality in our work. This
is, by the way, the complete opposite of
conventional software development, where
scale often leads to quality issues, cost and
time overruns. Besides above, DevFactory
also does development for 30+ Enterprise
products that Trilogy has acquired over the
last few years.
Who are DevFactory’s
clients?
Fortune 500 companies. DevFactory’s
products help solve the biggest and
most complex problems for Fortune 500
companies’ CTOs and CIOs.
What are DevFactory’s
products?
We have over 30 products. Some examples
are Gensym, Prologic, Accept Software,
Artemis and the products under the Versata
banner. Versata is a Trilogy company. For
more information, please refer to the case
studies in this document or visit
www.versata.com
What technologies do
you use?
The 30+ products span all technologies, be
it Java, C++, C#, Lisp etc…. Engineers have
chance to choose whatever technologies suit
them best.
What is the role of the
Software Development
Engineer (SDE) like?
This role requires the SDEs to don multiple
hats - strategic + technology + delivery – at
the same time. You will:
1. Understand the core business problems
that our customers face.
2. Suggest technical solutions that will help
solve these problems.
3. Create and deliver these solutions, so
that it generates immense value to our
customers and helps them focus on growing
their business.
The term ‘Software Development Engineer’
is probably a misnomer and the role
could have well been called ‘Strategic
Development Engineer’, or ‘Problem-solver’
or ‘Value-creator’
What is the compensation
for a campus hire?
Rs 22 Lakhs/year + 1 Lakh joining bonus +
1 Lakh DU graduation bonus
What is the growth path at
DevFactory
On the technical side, you will start as a
SDE, then grow into a Technical Architect
position and further reach the Chief
Product Architect position. Of course, all
these positions will pay the best Industry
compensations. If the employee wants, once
you develop a strong technical base, there
would be options to move into the business/
management side of things as well.
What is DevFactory
University?
DevFactory University (DU) is a one-of-
its-kind training meant to transform our
student recruits into tech professionals.
This 90-day program is modeled on the
legendary Trilogy University training
program and will be held at Dubai, UAE.
DU, earlier known as TU (Trilogy
University), was conceptualized from
the ‘US Navy Seal Training Program’.
DU focuses on creating an incubation
environment with optimal conditions for a
fresh graduate to have accelerated learning
at a fast pace and become a thorough
problem solver at the end of 3 months. Post
DU, the freshers turn to seasoned techies
who can solve any problem that come
their way. What more, DU is a bootcamp
where DevFactory’s culture of trust and
responsibility is instilled. The camaraderie
built up through these 3 months lasts
forever. These 3 months are going to be
the best of your career! Harvard Business
Review did a case study on TU (Trilogy
University). Read the article at
this link: http://hbr.org/2001/04/no-
ordinary-boot-camp/ar/1
Why is DU being held
in Dubai?
There are two reasons:
1. DevFactory’s headquarters is in Dubai
and our CEO, Rahul Subramaniam and
some of our key chief architects are based
in Dubai, while we create a similar team
for India. We take DU very seriously and
ensure the freshers have direct access to
all the best talent we have when they are
wracking their brains to create the next best
products for the organization.
2. Dubai is a multi-cultural, fun place that
aligns well with our concept of ‘Work hard,
play hard’. At DevFactory, there is a thin
line of difference between work and fun
and while we take our work seriously, we
take fun seriously as well. DevFactory plans
to spend >$1M on its DU Program during
these three months.
After DU, where is the
job location?
Bangalore.
Will the recruited students
need to sign a contract?
Students will be hired as regular employees
of the Indian entity. There will be no
contract or bond.
Is this a paid training?
Absolutely. Not only will the recruited
students be paid full salaries during the
entire duration of the training, the complete
expenses in Dubai including travel,
accommodation and other fun activities will
be company sponsored.
What happens after DU?
After DU, all the projects are assessed and if
there are product ideas that pass all the tests
- the team gets to further works on the idea.
Others pass DU and work on the existing
products of DevFactory.
Will we be assessed again
after DU?
We are sticky about finding the perfect
culture fit for DevFactory and our selection
process is geared in that direction. We hold
a high bar because DU is not only one of
the best training bootcamps in the software
industry, it is also one of the most intensive
bootcamps that ensures an exponential
learning at an accelerated pace. Most of the
time our hires live this. However exceptions
have happened very few times, when some
fresh graduates are not able to take this pace
and we mutually have to agree to part ways.
It is worthy to note that, as per historical
records, 95-98% of the batch graduates each
time. There have been several instances
of 100% of the batch graduating. Having
said that, Trilogy is a hiring ground for
most big product organizations. An exiting
TUer in the past has never had challenge
in immediately finding superlative
opportunity.
Can the students have a
career in Dubai?
At this moment, we don’t have a firm stand
on this and are open to discussing this with
individuals based on interest.
The DevFactory website
does not have much
information. Why?
Most companies flood their website with
two kinds of information
1. What they do and how they do it
2. Who their customers are and what they
deliver to them.
DevFactory has a unique operating
and delivery model that gives it a huge
competitive advantage in the market. This
is our intellectual property (IP) and we
therefore never share this information in
the public domain. We solve some of the
hardest problems for some of the largest
customers on the planet. These customers
too don’t like to share these details in the
public domain and therefore require us to
act accordingly. Therefore, while some of
the largest companies in the world rely on
us for solving their hardest problems, we
don’t have content that we are at liberty to
share in the public domain.
I read some negative
reviews online. Can you
explain that please?
In order to fulfill our work, we hire a large
number of contractors as well. This network
of contractors is over 1500 strong and
works seamlessly to generate great value for
our customers as a global team. However,
like in any organization, there is always a
small percentage of disgruntled employees.
Traditionally, companies manage their
reputation online using brute force of SEO
and flood the internet with articles about
themselves. This results in bad reviews
getting lower page rankings.
DevFactory, however is not able to put out a
large number of articles for two reasons:
1. Any discussion about our processes
would mean sharing parts of our IP in
public. This IP has been painstakingly
developed after years of research and
learning. Exposing these in public would
mean erosion of our competitive advantage.
2. We solve some of hardest problems for
some of the largest companies in the world.
Our clients would not want to publicize
these problems and have comprehensive
non-disclosure agreements with us that
disallows using their names as clients. We
are also bound to not discuss the type of
sensitive work we do for them.
So, we could have chosen to populate the
Internet with meaningless articles for
the pure purpose of SEO. Such a method
consumes a lot of time and energy, and
frankly not quite right. We would rather
choose to spend all our efforts and time
in continuously creating value for our
customers through innovation.
How true is it about
DevFactory trying to save
tax by having operations in
the UAE?
Like every company, DevFactory tries
its best to manage its resources wisely.
DevFactory was incorporated in Dubai for
two reasons:
1. Excellent infrastructure, a truly multi-
cultural city and centrally located to our
global customer base
2. Close proximity to excellent talent pools
in India, China, Eastern Europe etc.
It is an added bonus that Dubai happens to
be a tax free zone. To be clear, DevFactory is
not a shell company incorporated in Dubai.
DevFactory enjoys a tax-free status due to
the massive amount of value and intellectual
property (both in terms of patents and trade
secrets) it generates from its operations
in Dubai.
Why did Trilogy close
operations in India?
Trilogy did extremely well in the enterprise
software domain and today is one of the
largest privately held enterprises. It attracted
the best talent both from top campuses and
industry. At Trilogy, we think disruptively
and passionate about keeping a competitive
edge in everything we do. The year 2008
saw a wave in outsourcing and Trilogy loved
to experiment in this newly created global
eco-system. We then closed our India entity
and ensured that we offer all the great talent
we had on our rolls as consultants. We
also set up a separate outsourcing partner
network. In five years, we experimented
and had a huge learning that got us to start
DevFactory (Development arm of Trilogy)
in India and do what we do BEST which is
spot and hire the best technical talent and
solve some of the largest problems in the
enterprise space. Trilogy is now an equity
company, and DevFactory is what Trilogy
was before in 2000-2008.
Why are you doing your
campus hiring so late?
We finalized our India plans early this year,
post which the logistics planning took time
to hit the campuses.
Which colleges are you
hiring from?
In 2014, we have already visited oncampus
on top tier1 colleges such as IITs, MNNIT,
IIITs, NSIT, DTU, PESIT, RVCE and Anna
University. Off Campus round will also have
participation from students of colleges of
similar caliber.
How many students do you
look forward to hire?
There is infinite demand. We plan to hire
the absolute best minds in India. There is
no upper limit, we will hire anyone who
meets our quality bar. Realistically speaking,
we anticipate to be able to get 35-40 such
students.
What is your assessment
process?
Test: We will have a technical online test on
4th May, 5pm - 7pm. This test will assess
students strength in Computer Science
fundamentals - Algorithms, Datastructures,
Problem solving and Programming.
Interviews: Post the test we will need 1-3
days to communicate the list of students
shortlisted for interviews. Shortlisted
students will have 2-3 rounds of technical
interviews, further assessing their Computer
Science fundamentals. First round of
interviews will be over skype followed by
in-person interviews. We will handle the
expenses for the student’s travel.
C
orporate Boot Camps.
We’ve all heard about
them. Many of us have
lived through them. In my case,
I’ve even invented a number
of them. It’s fair to say that,
while some achieve their goals
better than others, they’re all
pretty much the same. They
typically focus on knowledge
transfer—informing new hires,
for instance, about the company’s
products and markets and how
to access key resources in the
organization. The best ones, like
those at GE and Ford, do this
by having the recruits work on
real business problems, where
intense teamwork is required to
meet tight deadlines (a technique
I’ve described elsewhere as
“compressed action learning”).
I’ve studied them all. I thought I’d
seen it all.
But then I saw Trilogy University.
It was 1998, and I was traveling
around the country, studying
corporate universities as part of
a benchmarking research project
on action learning. Within days
of my arrival, I knew Trilogy
University was a breed apart—
in fact, my definition of best
practice shot out to the horizon
line. I’ve spent hundreds of hours
since then at TU, documenting
its unconventional approach—
and its phenomenal results. (It
should be stated, by way of full
disclosure, that I briefly consulted
to Trilogy last year on the matter
of its reorganization. But my
relationship to the company and
its university at this point is purely
as an observer.)
Modeled after Marine Corps basic
training, a corporate boot camp is
designed to push new recruits to
their limits. Each day offers some
nearly insurmountable challenge,
and the reward for overcoming it
is an even harder one the next day.
It’s intense and intimidating, but
people emerge on the other end of
the program highly confident that
they are prepared for anything.
They also come away with deep
bonds to their fellow recruits and
strong ties to the organization.
Those two goals—preparedness
and bonding—are usually the
whole focus of a boot camp, and
achieving them is worth a great
deal. That’s why so many of the
top-performing companies put
their faith in such programs. In
the mid-1980s, I ran General
Electric’s Crotonville leadership
development center, where I led
NO ORDINARY
BOOT CAMP
by Noel M. Tichy
Harvard Business Review published this article on Trilogy
University. The article can be viewed online at
http://hbr.org/2001/04/no-ordinary-boot-camp/ar/1
This will give you insight into what makes DevFactory/
Trilogy the ideal space for tomorrow’s leaders.
the development of its Corporate
Entry Leadership Conference, a
three-day program in which new
hires learn about GE’s strategy,
its culture, and a bit about
themselves. “Old man Watson” at
IBM ran them, as did Ross Perot
when he founded EDS, as does
Andy Grove at Intel. And for
years, the commercial banks have
run their commercial-lending
boot camps for college hires.
In the past decade, consulting
firms and service organizations
have dramatically increased their
investments in boot camps for
new recruits. Accounting giant
Arthur Andersen, for instance,
has a 700-bed facility in St.
Charles, Illinois, which runs
at capacity year-round. Many
old-line industrials have also set
them up because they realize
that energizing new hires and
engaging them in the culture is
just as critical as making sure they
have the technical skills to do
their specific jobs.
The interesting thing about
Trilogy University is that it
achieves those goals and more.
Much more. It also serves as the
company’s primary R&D engine
and as its way of developing its
next generation of leadership. It
even succeeds as the impetus and
incubator for Trilogy’s strategic
thinking. How can it do all that?
By now, it almost couldn’t fail to,
thanks to a virtuous cycle that was
established early and continues to
gain momentum. In the simplest
terms, these things happen at TU
because top leadership is on the
scene and deeply engaged in it—
and top leadership stays on the
scene and deeply engaged in TU
because these essential activities
are happening there.
Welcome to Trilogy
Trilogy University is the
orientation program of Austin,
Texas-based Trilogy, designed to
turn the company’s raw recruits—
hired straight off the campuses
of MIT, Stanford, U. Michigan,
and the like—into highly
productive contributors. Started
in 1995, it is the brainchild of
Trilogy’s president and CEO, Joe
Liemandt, and its vice president of
marketing, John Price.
The company has a pressing need
for new-employee orientation
because its growth has been
extremely rapid, and the biggest
drag on growth has been the
difficulty of recruiting and
bringing new talent up to speed.
Trilogy started fast out of the
gate in 1989 when Liemandt
nailed a market opportunity to
create “configuration software”
for large manufacturers like
Hewlett-Packard and Boeing. The
products these companies sell have
innumerable variants, as alternative
components are assembled to
suit each buyer’s highly specific
preferences. Trilogy’s software
solves a huge problem traditionally
faced in the selling process by
allowing a salesperson with a laptop
to translate a customer’s needs
into a workable specification. The
software spots where components
are incompatible, for instance, or
where one part requires another,
and it configures a system that
will work. Then—and this is really
important to those salespeople—it
produces an accurate price quote
on the spot.
Trilogy’s breakthrough allowed
it to do something most small
software companies only dream
of: sign up brand-name accounts
like Hewlett-Packard while the
product was still in its infancy.
Since then, Trilogy has expanded
on its original offering to launch
e-commerce applications for both
the buying and selling of products,
and its revenues have grown to
about $200 million. Along the way,
its employee base has grown 35%
annually. In 2000, the company
brought 450 new hires into an
existing organization of 1,000.
“There must be a ton of
people from Google in the
FounderDating Network,” an
entrepreneur recently commented
to me. “Ya, there are, but what
makes you say that?” I responded.
“Everyone knows people leave
Google to start companies and
Google is such an entrepreneurial
place,” he said without hesitation.
That got me thinking, there are a
lot of lists out there: “Great Places
to Work” or “Most Innovative
Companies”, but few have looked
at how entrepreneurial the alumni
networks of different companies
actually are. We decided this
would be super interesting to
figure out. FounderDating is a
curated network – people apply,
we literally screen and reference
everyone and then invite a sub-
segment to join. Submitting an
application means you have high
entrepreneurial intent – either you
have or you really want to start
something. Using this as a key
indicator of entrepreneurial intent,
we crunched the data (over 100K
data points). What we found may
surprise you…
Surprises and Insights
The Top 3: IDEO, Bazaarvoice,
Trilogy
They might not be the companies
you immediately think of, but
these alumni networks have a
seriously high concentration of
people with high entrepreneurial
intent. It’s not all that surprising
that after helping other
companies be more innovative,
you’d want to go start something
that allows you to do the same.
IDEOers have spawned great
companies from Plum Organics
to Mailbox.
What’s Trilogy you say? One
alum described their network
as “the Paypal mafia without
as much money.” Alums have
started companies like Zocdoc,
MassRelevance, Capital Factory,
H.Bloom and Bazaarvoice. And
it seems that last one has come
full circle.
Founderdating.com published this article on
entrepreneurial alumni. The article can be viewed
online at http://founderdating.com/entrepreneurial-
company-alumni/
100%
CUSTOMER
SUCCESS
POWERED
BY OUR
TECHNOLOGY
READ A FEW STORIES ABOUT HOW
OUR PRODUCTS ARE DRIVING
SUCCESS FOR OUR FORTUNE
500 CUSTOMERS. CAMPUS HIRES
WILL GET THE OPPORTUNITY TO
DEVELOP THESE PRODUCTS AND
ALSO COME UP WITH IDEAS FOR
NEW PRODUCTS.
Background
VSK (Västerås Systemkonsult
AB) was established in Sweden
more than 35 years ago by
three IT experts who had
worked together for years.
Their experience in building
planning and administrative data
systems together culminated in
the creation of EmiR, an ERP
system with integrated business
processes.
VSK has always looked for
ways to simplify their EmiR
product, which is why in 1999
they decided to move to Versata
BRMS as their platform. Versata’s
use of declarative rules, versus
having to program every action
and reaction, simplified EmiR
substantially by raising its level of
abstraction.
Today, all new functions necessary
to make VSK customers successful
are built on Versata. The Versata
platform minimizes client code by
declaring rules on the server side,
which these customers – many
of whom have been with VSK
for decades – appreciate greatly.
Versata makes it possible for
VSK clients to keep EmiR even as
they build and adapt to new ERP
systems, ranging from Oracle to
SAP and more.
FAST2 Is Born
Two decades after VSK began
serving clients in the ERP space,
they developed a system on behalf
of a group of public housing
nonprofit organizations. The
system became a product, and
then became a company – the
company was named FAST2. After
an initial release that left them
wanting more, FAST2 began its
long journey using Versata BRMS
as the platform.
FAST2 is an administrative system
used for real estate and property
management – primarily for the
very popular publically owned
apartment (adult and student)
housing in Sweden. Because
FAST2 is built on Versata BRMS,
development tasks on FAST2 can
be divided based on skill level. In
other words, one developer can
specialize in declaring business
rules, while another can specialize
in writing the Java code that will
be triggered by those rules.
FAST2 Today
While there are competitors to
FAST2, none have the flexibility
that FAST2 offers, thanks to the
Versata BRMS platform. Most
systems run on a single platform,
whereas Java-based FAST2 can
run on Linux, Windows, Mac OS
and more.
It’s due in part to this fact
that fifteen years after starting
the journey with Versata
BRMS, FAST2 has become an
unequivocal success. Many
companies in Sweden, ranging
from small to very large, are
using FAST2 – and therefore
Versata – to manage a wide range
of properties. From industrial
buildings to public housing, royal
castles to student apartments,
FAST2 is behind the places that
house countless Swedes.
VSK DRIVES
SUCCESS WITH
VERSATA
Versata’s powerful Business Rules Management System
(BRMS) allows customers to write, build and test robust
applications in a matter of minutes, leveraging the
power of rules-based logic to build better, faster business
applications. The case study can be viewed online at
http://www.versatabrms.com/read-success-story
Overview
The trading of equities and bonds,
symbolized in the “ticker crawl,”
epitomizes real-time transaction
processing in the financial services
industry. Each transaction
flowing across the screen is the
culmination of a series of front-
middle and back-office processes
that require accurate and timely
execution.
Nomura International plc is
the London-based, European
subsidiary of Nomura Securities,
Japan’s largest securities firm
and one the world’s leading
investment banks. When Nomura
re-architected its technology
infrastructure to replace its legacy
systems, it chose ObjectStore® to
ensure that its newly designed
systems could deliver the
scalability that its equities and
bond trading operation required.
Nomura’s original system
infrastructure had used an IBM
mainframe platform that required
traders to execute trades with
COBOL-based applications,
accessing 3270 screens via
Windows-based terminal
emulation. The system was slow
and inflexible, offering neither
the scalability to accommodate
an expanding customer base nor
the agility to offer new financial
products.
In response, Nomura’s London
office began a major initiative,
Hoodini (Highly Object-Oriented
Development in Nomura
International), that is frequently
cited for its innovative use of
object-oriented technology.
Hoodini completely revamped
the Nomura systems architecture,
transforming a mainframe
environment into a three-tiered,
distributed platform. And, as
the “oo” of Hoodini suggests,
a key component of the new
architecture was its use of an
object-oriented programming
model, which allows Nomura to
flexibly express trade validation
rules. This object-oriented
approach also helps the system
adapt easily to the evolution of the
financial services industry and its
associated regulations.
Accurate and
accessible
reference data
A key contributor to Hoodini’s
capabilities within Nomura’s
Strategic Middle Office (SMO)
solution set was the rapid data
access facilitated by ObjectStore.
ObjectStore operates as a data
cache to Sybase, Nomura’s
database of record, and delivers
the reference data that is needed
to execute trades, in real time.
Reference data includes
information about customers,
financial instruments, transaction
types, and the trade settlement
process. Though reference
data traditionally is considered
“static” (when compared to more
volatile stock prices and market
information), solid management
OBJECTSTORE
DELIVERS VALUE
FOR NOMURA
ObjectStore is the leading in-memory database
for applications that demand high-performance,
extreme scalability and real time responsiveness.
The case study can be viewed online at
http://www.objectstore.com/read-success-story
of reference data is a crucial element
to efficient trading operations.
Accurate reference data is an
acknowledged problem within
the financial services industry,
representing a significant barrier to
the straight-through processing (STP)
initiatives of many securities firms.
The USbased Securities Industry
Association (SIA) cites statistics that
30% of all transactions fail to execute
properly because of poor data. The
operational impact of such failures is
significant—with the cost increasing
the further into the trade process
that a problem is detected. Resolving
errors at trade settlement can cost
ten times what it would take to have
caught the issue at the trader’s desk.
Having the right information in
real time, as trades are processed
greatly enhances accuracy, efficiency,
and profitability. That philosophy
prompted Nomura to embrace the
value of data caching, as delivered
through ObjectStore. Nomura
anticipated a significant increase
in trading volumes in the years
after initial deployment. Given that
assumption, Nomura foresaw data
access as the major performance
constraint on the scalability of
its distributed, service-oriented
architecture. To utilize Sybase for
overall reference data management,
yet address the demands for
scalability given the high-volume
demands for access to the data,
Nomura implemented ObjectStore.
As deployed within Nomura’s
middle office, ObjectStore provides
traders with a high-speed cache of
the data needed to validate trades,
thus enabling that critical step to
be performed early in the trade
execution lifecycle and without
unduly impacting Sybase. Use of
ObjectStore has enhanced the value
of Sybase as custodian of reference
data and the actual trade execution
engine by relieving the burdensome
query processing that would have
otherwise limited scalability of the
overall solution.
In addition to trade validation,
ObjectStore also supports a range
of ad hoc query capabilities for
traders. These queries enable
traders to view reference data
outside the context of a specific
transaction. Nomura utilizes
a graphical user interface that
provides access to a list of stored
queries.
This enable traders to check on
client positions and various other
elements of reference data, further
offloading work from the Sybase
back end system.
Objectstore data:
Accurate and
accessible
As deployed within Nomura’s
middle office, the cache of
reference data encompasses
five instances of ObjectStore
running on Sun application
servers. These server deployments
collectively support close to
600 distributed, local caches
utilized for trade validation and
query processing. Data integrity
between ObjectStore and Sybase
is maintained by an update
process that propagates changes
from Sybase to ObjectStore
automatically. Within ObjectStore,
the product’s patented Cache-
Forward™ Architecture (CFA)
automatically ensures that data
is consistent across all the caches
as well as with the data managed
within Sybase.
Nomura’s trading operation
processes an average of 10-
12,000 trades a day, with peaks
of 30,000. Those trades—and
other activities—generate
changes in Sybase which, in
turn, are synchronized with
ObjectStore. To allow traders to
access cached data at in-memory
speeds while updates are applied
to Sybase, Nomura has utilized
the ObjectStore Multi-Version
Concurrency Control (MVCC)
feature. Traders can access the
cache simultaneously with the
processing of changes received
from the update process. Use of
MVCC avoids the lock contention
and access latency that would
normally result from those
cache updates. ObjectStore is
the only data caching solution
in the industry to offer MVCC
capabilities.
Objectstore at
Nomura
ObjectStore’s deployment as
part of the Hoodini project has
provided significant benefits
within Nomura’s middle-office
operation.
The ObjectStore CFA in-memory
data access delivers real-time,
in memory performance for
trade validation, which enhances
Nomura’s straight-through
processing ability, reducing trade
error and exception processing,
and allowing them to trade better
and faster.
ObjectStore accelerates access
to Sybase data while allowing
Sybase to remain the primary
custodian of data for the middle
office operation. ObjectStore
doesn’t usurp the primacy of
Sybase as database of record; it
enhances it.
ObjectStore delivers a highly
distributable caching capability
that provides a single, consistent,
system-wide view of the
reference data, managing updates
and changes transparent to the
traders.
Summary
As the securities industry
continues to embrace STP, the
imperative to ensure timely
access to data will continue to
impact system design. Trade
execution and settlement within
24 hours (the sought-after
“T+1”) or more futuristically
(“T+0”) cannot be achieved
unless trade execution
architectures can ensure that all
the data needed for completing
the individual trade’s lifecycle,
can be accessed in real time, with
increased accuracy.
Nomura’s ObjectStore-based
system embodies the type of real-
time data access required by STP
systems. Accurate reference data is
crucial to trading operations, and
early access to that data can drive
the profitability of a securities
trading operation. Much of the
current focus within financial
services is on the settlement
process and managing that
process effectively. The real-
time access at trade validation
time enabled by ObjectStore
reduces execution errors, and
the downstream exception
handling they would require. The
acceleration and improvement
of trade processing are vital
steps that will help facilitate the
settlement process as performance
and regulatory demands continue
to put pressure on the financial
services industry.
Gensym: Profiles in Customer Success
SITUATION
Dalkia, a subsidiary of Veolia Environnement and Electricité de France (EDF), is a global leader in energy services. The
company takes seriously its focus on providing innovative solutions to support the sustainable growth of cities and
businesses. In an era of climate change, volatile energy prices and scarce resources, Dalkia offers customers its expertise in
developing, constructing and operating greener and more economical energy solutions. With almost 50,000 employees in 35
countries, Dalkia reported managed revenue of €8.9 billion in 2012.
CHALLENGE
Dalkia offers mission-critical energy services to a growing number of businesses, universities, industries and hospitals across
the world, but first in Europe. Dalkia’s services are designed as a hub and spoke model, with an expert system “hub” that
monitors literally thousands of remote assets “spokes.” The number of spokes has been growing by the day.
With more sites to manage in recent years came a challenge – as usage increased, the loading time of Dalkia’s CRT
(Centralized Remote) application was slowing significantly. This issue was increasing costs as highly-trained personnel
would have to be onsite with customers for the duration of any loading event to provide immediate support in case of an
outage.
The bottom line is that it was simply taking too long to load the application when a restart was needed after updates,
upgrades, planned outages or even unplanned outage emergencies. The delays are simply unacceptable in today’s climate.
A redundant backup plan is in the works, but doing that correctly takes time, they had to take action on their primary solution
immediately. Dalkia reached out to Gensym for help.
Dalkia Keeps Energy Efficient with Gensym
Gensym: Profiles in Customer Success
SOLUTION
At the center of Dalkia’s hub and spoke application model was Gensym G2 Standard. While G2 Standard was highly
effective and stable in Dalkia’s earlier years, it wasn’t able to support the increased needs during the company’s extreme
growth. G2 Enterprise was supposed to be a faster, easier to use and more scalable version of G2 Standard – but Dalkia
didn’t know if that type of upgrade would help.
To determine the most effective solution, Gensym dove into a new engagement with Dalkia, first looking to see what
immediate challenges could be remediated. As expected G2 Enterprise was the cornerstone of the solution, maximized by
the utilization of Platinum support.
Key Steps:
1.Application Health Check - Profiled and analyzed the entire application leading to improved configuration
(memory/CPU) and KB Optimization
2.KB Optimization Delivery - Isolated critical bottlenecks and implemented new ‘generic’ system procedures
3.Release Partnership Service – Built an ongoing partnership to iterate and test new updates
RESULTS
By implementing G2 2011 Enterprise and evaluating all the ways the Dalkia expert system could be improved, Gensym was
able to significantly improve loading time and substantially reduce downtime. Today, a group of 1300 sites that previously
took 3 hours to load can be loaded in 1 hour with G2 2011 Enterprise. On an even grander scale, a group of 5500 sites that
once would take 13 hours to load can now be loaded in 2.5 hours, an 84% improvement.
As Dalkia continues to scale and add new sites, these results will continue to grow far beyond what was possible with the
previous solution. Gensym is also helping Dalkia globalize their application (local language and unit systems) and deploy it
in several countries across Europe.
Improved business continuity is the next big goal for Dalkia utilizing expertise from Gensym. For customers on G2 2011
Enterprise edition with Platinum support, Gensym has a Business Continuity and Disaster Recovery solution that Dalkia is
anxious to take advantage of in order to reduce onsite costs even further in the coming year. With Gensym, Dalkia has
found a long-term partner.
“Dalkia’s recent growth has been amazing, and with G2 Enterprise we are in a position to provide the
high level of service our customers deserve. Optimization of our application built on G2 will allow us
to reach new heights globally.”
Philippe Maine, Dalkia
Group Business Solutions Manager
www.gensym.com
401 Congress Ave. Suite 2650
Austin, Texas 78701
Ultimate Software
Delivering Breakthrough Products
HIGHLIGHTS
• Industry
Software-as-a-Service: Global Human
Capital Management (HCM)
• Business Opportunity
Align product strategy and execution
with company goals
• Solution
Accept360 Suite for Enterprise Product
Portfolio Management
• Results & Benefits
Reliable Release Forecasts and
Satisfied Customers
Customer
Ultimate Software, headquartered in Weston, Florida, is a provider of
end-to-end strategic human resources, payroll, and talent management
solutions to approximately 1,900 customers with an impressive retention
rate of 97%. The company’s SaaS-based UltiPro solution helps businesses
streamline their human capital management (HCM) operations without
relying on internal IT resources.
“Accept360 is a mission
critical enterprise appli-
cation for us. We rely on
it to help transform and
run our business and
bring to market award-
winning HCM solutions.”
Business Opportunity
Aligning company goals to product strategy
and execution
Ultimate Software is in a very competitive market and their continued
success is fueled by relentlessly delivering new breakthrough products
and incremental innovation. And they are not shy about transforming
their business. A few years back their strategic initiatives were to:
• Continually evolve of their SaaS delivery model – involving a
large number of software changes and other initiatives driven by
requirements from all departments
• Launch new features targeted to medium sized enterprises
An exciting time, rich with promises, but also challenges. In order to
meet these objectives and the associated growth goals, the entire
organization had to be focused on well-delineated initiatives. Customer
intimacy was critical to balance current customer priorities and deliver
the right products while rapidly iterating in new market opportunities.
There was no room for misalignment between departments or
confusion about what to work on.
Case Study - Ultimate Software
Executives, managers and team members needed transparency over the
entire product innovation process from capturing ideas from customers,
to defining product strategy, to prioritizing product releases and
backlogs, to tracking commitments through development execution.
The new Product Strategy leadership group at Ultimate Software
recognized this right away and took decisive action to establish a single
system of record that would provide an objective framework to make
product priority decisions and execute them in the context of company
goals and initiatives.
Accept Solution
The Accept360 Suite: Single System of Record for Enterprise
Product Portfolio Management
Ultimate Software was not just looking for a tool to improve the
efficiency of their products team, they were looking for a strategic
application that would give all stakeholders in the company a trusted
view of what was being worked on, and why. And they wanted
the system to help drive priority decisions from the perspective of
company strategy.
Technology Selection
As typical of most companies, before Accept, Ultimate Software
used spreadsheets and slides to track and communicate product
requirements and priorities. It also did not support the factoring of
strategic criteria into the process.
Several point solutions were evaluated and eliminated because they
lacked the strategic perspective and analytics that Ultimate Software
wanted and did not support the full innovation lifecycle process from
ideation through to product delivery. Other key selection criteria were
usability, reports and metrics.
Adoption
The modules of Ultimate Software’s products are very tightly
integrated and with extensive dependencies, therefore they needed
comprehensive visibility across all modules and teams and they needed
it right away. Therefore, they decided to rollout the solution across all
module teams.
“To consistently deliver
breakthrough human
capital management
solutions we need
seamless alignment
across the organization
and Accept360 has given
us the transparency we
required via a single
system of record.”
“The analytics in
Accept360 were a power-
ful surprise.We use them
to identify the items that
best match our strategic
criteria to quickly and
objectively narrow down
our choices.”
2
Case Study - Ultimate Software
Establish a Trusted System of Record
The first adoption wave focused on a blend of strategic and operational
areas leveraging two Accept360 modules:
• Strategy and Portfolio –Strategy and portfolio managers defined in the
system the criteria for prioritization: initiatives, themes, target markets.
• Roadmap and Requirements – The core team of business owners and
product managers populated requirements and dependencies, and
associate them to strategic drivers in order to manage prioritization
and roadmap.
Having established a single system of record, Accept360 was opened up
to all stakeholders for transparency on the entire process. Twice a quarter
over 200 distributed stakeholders review and make adjustments to the
roadmap priorities. Accept360 is the one version of the truth that aligns
and informs all their decisions.
Engage with the Customer Community
The latest adoption wave for Ultimate Software focused on engaging
with customers in a community powered by the Accept360 Ideation
module. The community was launched in conjunction with the release
of new product functionality and customers right away started putting
comments, sharing ideas and discussing/voting each other ideas. Quickly
the community grew to over 1,300 users and 350 ideas.
Results & Benefits
Trusted Release Forecasts and Satisfied Customers
As a SaaS vendor, customer satisfaction and retention is of paramount
importance. Accept360 has helped them transform product planning and
execution into a core enterprise business process.
Everybody has visibility into the commitments and trusts the data
because they have built a track record of impeccable delivery.
Ultimate Software is just at the beginning of their customer community
experience, and they have already been pleasantly surprised by the
impact, not only in terms of ideas submitted by customers, but also by
the time savings and value of engaging customers upfront in the design
of new features. Research that used to take weeks is now completed in
hours or days.
“The releases planning
process is now radically
different and at least
30% more efficient. We
have 100% adoption.
Accept360 helped us
knock this critical process
out of the park.”
“We are able to forecast
our work many months
out and maintain a
unified shared vision,
speaking the same lan-
guage across all levels
and departments in the
company.”
3
Case Study - Ultimate Software
Everybody hates surprises. With Accept360 Ultimate Software tracks
all dependencies and associated risks. Everybody is fully aware
of the impact of their work and if there is a change, the affected
parties are immediately notified and can take corrective action.
Every stakeholder across the organization at Ultimate Software now
has transparency over the entire product innovation process from
capturing ideas from customers, to defining product strategy, to
prioritizing product releases and backlogs, to tracking commitments
through development execution. The rules of engagement are clear,
the data that drives decisions is trusted, and Ultimate Software is
meeting its objectives.
“We no longer have
to second guess our
customer: they tell us
exactly what they think
and we know it right
away, every day; so we
can build the product
they want.”
Accept Corporation
3979 Freedom Circle, Suite 600 • Santa Clara, California 95054 USA • Phone: +1 866.423-8376 • Fax: +1 408.217.5101
www.accept360.com • info@accept360.com • UK: +44 797.444.2354 • Germany: +49 8137.9982180
About Accept Corporation Accept Corporation delivers The Product Innovation Management solution that technology-driven companies use to
decide which products to bring to market for the fastest time-to-profit. The Accept360 Suite is the only complete end-to-end software solution that
tightly links company and product strategy through ideation, portfolio planning, roadmaps, requirements and execution.  For more information, visit
www.accept360.com or call us at +1.866.423.8376
©2010 Accept Corporation. Accept360 and the Accept logo are trademarks of Accept Corporation. All other trademarks, registered trademarks,
and service marks are the property of their respective owners.
Rev. June 2010

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Discover DevFactory's Culture, Hiring Process and Career Opportunities

  • 1. Who is Trilogy? Trilogy is one of the largest privately held enterprise software companies. Post 2008, Trilogy has been acquiring Enterprise Software firms, turning them around and aligning them to deliver phenomenal value for enterprise customers. Trilogy actively hired from all top engineering colleges in India (IIT, NIT, NSIT, Anna Univ, etc) from 2000- 2008. Trilogy was THE dream company for every Engineering graduate with strong background in Computer Science. Visit www.trilogy.com What is Trilogy’s culture like? Trilogy’s hiring philosophy is ‘Only the best’. Trilogy’s great people brought about tremendous value to its clients by solving their hardest business problems with technology. Trilogy has been rated among the Top 3 most entrepreneurial company alumni networks. Trilogeans have gone on to found some very exciting companies, and also are in CXO positions in many others. See this recent article on FounderDating. com about Trilogy’s entrepreneurial alumni network. http://founderdating.com/ entrepreneurial-company-alumni/ Answers to your questions. What is DevFactory? Trilogy hived off its R&D activities to a division called DevFactory, which was incorporated as a separate entity in Dubai in 2008. Trilogy and DevFactory are part of the same group of companies and share the same top management. What does DevFactory do? DevFactory is probably the world’s first and only software factory. We are disrupting the way enterprise software is created by adopting a factory-style model for development and delivery. DevFactory has been built ground up on the basis of innovative processes and tools that are our Intellectual Property (IP). We manage massive scale yet provide great cost savings and high quality in our work. This is, by the way, the complete opposite of conventional software development, where scale often leads to quality issues, cost and time overruns. Besides above, DevFactory also does development for 30+ Enterprise products that Trilogy has acquired over the last few years. Who are DevFactory’s clients? Fortune 500 companies. DevFactory’s products help solve the biggest and most complex problems for Fortune 500 companies’ CTOs and CIOs.
  • 2. What are DevFactory’s products? We have over 30 products. Some examples are Gensym, Prologic, Accept Software, Artemis and the products under the Versata banner. Versata is a Trilogy company. For more information, please refer to the case studies in this document or visit www.versata.com What technologies do you use? The 30+ products span all technologies, be it Java, C++, C#, Lisp etc…. Engineers have chance to choose whatever technologies suit them best. What is the role of the Software Development Engineer (SDE) like? This role requires the SDEs to don multiple hats - strategic + technology + delivery – at the same time. You will: 1. Understand the core business problems that our customers face. 2. Suggest technical solutions that will help solve these problems. 3. Create and deliver these solutions, so that it generates immense value to our customers and helps them focus on growing their business. The term ‘Software Development Engineer’ is probably a misnomer and the role could have well been called ‘Strategic Development Engineer’, or ‘Problem-solver’ or ‘Value-creator’ What is the compensation for a campus hire? Rs 22 Lakhs/year + 1 Lakh joining bonus + 1 Lakh DU graduation bonus What is the growth path at DevFactory On the technical side, you will start as a SDE, then grow into a Technical Architect position and further reach the Chief Product Architect position. Of course, all these positions will pay the best Industry compensations. If the employee wants, once you develop a strong technical base, there would be options to move into the business/ management side of things as well. What is DevFactory University? DevFactory University (DU) is a one-of- its-kind training meant to transform our student recruits into tech professionals. This 90-day program is modeled on the legendary Trilogy University training program and will be held at Dubai, UAE. DU, earlier known as TU (Trilogy University), was conceptualized from the ‘US Navy Seal Training Program’. DU focuses on creating an incubation environment with optimal conditions for a fresh graduate to have accelerated learning at a fast pace and become a thorough problem solver at the end of 3 months. Post DU, the freshers turn to seasoned techies who can solve any problem that come their way. What more, DU is a bootcamp where DevFactory’s culture of trust and responsibility is instilled. The camaraderie built up through these 3 months lasts forever. These 3 months are going to be the best of your career! Harvard Business Review did a case study on TU (Trilogy University). Read the article at this link: http://hbr.org/2001/04/no- ordinary-boot-camp/ar/1
  • 3. Why is DU being held in Dubai? There are two reasons: 1. DevFactory’s headquarters is in Dubai and our CEO, Rahul Subramaniam and some of our key chief architects are based in Dubai, while we create a similar team for India. We take DU very seriously and ensure the freshers have direct access to all the best talent we have when they are wracking their brains to create the next best products for the organization. 2. Dubai is a multi-cultural, fun place that aligns well with our concept of ‘Work hard, play hard’. At DevFactory, there is a thin line of difference between work and fun and while we take our work seriously, we take fun seriously as well. DevFactory plans to spend >$1M on its DU Program during these three months. After DU, where is the job location? Bangalore. Will the recruited students need to sign a contract? Students will be hired as regular employees of the Indian entity. There will be no contract or bond. Is this a paid training? Absolutely. Not only will the recruited students be paid full salaries during the entire duration of the training, the complete expenses in Dubai including travel, accommodation and other fun activities will be company sponsored. What happens after DU? After DU, all the projects are assessed and if there are product ideas that pass all the tests - the team gets to further works on the idea. Others pass DU and work on the existing products of DevFactory. Will we be assessed again after DU? We are sticky about finding the perfect culture fit for DevFactory and our selection process is geared in that direction. We hold a high bar because DU is not only one of the best training bootcamps in the software industry, it is also one of the most intensive bootcamps that ensures an exponential learning at an accelerated pace. Most of the time our hires live this. However exceptions have happened very few times, when some fresh graduates are not able to take this pace and we mutually have to agree to part ways. It is worthy to note that, as per historical records, 95-98% of the batch graduates each time. There have been several instances of 100% of the batch graduating. Having said that, Trilogy is a hiring ground for most big product organizations. An exiting TUer in the past has never had challenge in immediately finding superlative opportunity. Can the students have a career in Dubai? At this moment, we don’t have a firm stand on this and are open to discussing this with individuals based on interest.
  • 4. The DevFactory website does not have much information. Why? Most companies flood their website with two kinds of information 1. What they do and how they do it 2. Who their customers are and what they deliver to them. DevFactory has a unique operating and delivery model that gives it a huge competitive advantage in the market. This is our intellectual property (IP) and we therefore never share this information in the public domain. We solve some of the hardest problems for some of the largest customers on the planet. These customers too don’t like to share these details in the public domain and therefore require us to act accordingly. Therefore, while some of the largest companies in the world rely on us for solving their hardest problems, we don’t have content that we are at liberty to share in the public domain. I read some negative reviews online. Can you explain that please? In order to fulfill our work, we hire a large number of contractors as well. This network of contractors is over 1500 strong and works seamlessly to generate great value for our customers as a global team. However, like in any organization, there is always a small percentage of disgruntled employees. Traditionally, companies manage their reputation online using brute force of SEO and flood the internet with articles about themselves. This results in bad reviews getting lower page rankings. DevFactory, however is not able to put out a large number of articles for two reasons: 1. Any discussion about our processes would mean sharing parts of our IP in public. This IP has been painstakingly developed after years of research and learning. Exposing these in public would mean erosion of our competitive advantage. 2. We solve some of hardest problems for some of the largest companies in the world. Our clients would not want to publicize these problems and have comprehensive non-disclosure agreements with us that disallows using their names as clients. We are also bound to not discuss the type of sensitive work we do for them. So, we could have chosen to populate the Internet with meaningless articles for the pure purpose of SEO. Such a method consumes a lot of time and energy, and frankly not quite right. We would rather choose to spend all our efforts and time in continuously creating value for our customers through innovation. How true is it about DevFactory trying to save tax by having operations in the UAE? Like every company, DevFactory tries its best to manage its resources wisely. DevFactory was incorporated in Dubai for two reasons: 1. Excellent infrastructure, a truly multi- cultural city and centrally located to our global customer base 2. Close proximity to excellent talent pools in India, China, Eastern Europe etc. It is an added bonus that Dubai happens to be a tax free zone. To be clear, DevFactory is not a shell company incorporated in Dubai. DevFactory enjoys a tax-free status due to the massive amount of value and intellectual property (both in terms of patents and trade secrets) it generates from its operations in Dubai.
  • 5. Why did Trilogy close operations in India? Trilogy did extremely well in the enterprise software domain and today is one of the largest privately held enterprises. It attracted the best talent both from top campuses and industry. At Trilogy, we think disruptively and passionate about keeping a competitive edge in everything we do. The year 2008 saw a wave in outsourcing and Trilogy loved to experiment in this newly created global eco-system. We then closed our India entity and ensured that we offer all the great talent we had on our rolls as consultants. We also set up a separate outsourcing partner network. In five years, we experimented and had a huge learning that got us to start DevFactory (Development arm of Trilogy) in India and do what we do BEST which is spot and hire the best technical talent and solve some of the largest problems in the enterprise space. Trilogy is now an equity company, and DevFactory is what Trilogy was before in 2000-2008. Why are you doing your campus hiring so late? We finalized our India plans early this year, post which the logistics planning took time to hit the campuses. Which colleges are you hiring from? In 2014, we have already visited oncampus on top tier1 colleges such as IITs, MNNIT, IIITs, NSIT, DTU, PESIT, RVCE and Anna University. Off Campus round will also have participation from students of colleges of similar caliber. How many students do you look forward to hire? There is infinite demand. We plan to hire the absolute best minds in India. There is no upper limit, we will hire anyone who meets our quality bar. Realistically speaking, we anticipate to be able to get 35-40 such students. What is your assessment process? Test: We will have a technical online test on 4th May, 5pm - 7pm. This test will assess students strength in Computer Science fundamentals - Algorithms, Datastructures, Problem solving and Programming. Interviews: Post the test we will need 1-3 days to communicate the list of students shortlisted for interviews. Shortlisted students will have 2-3 rounds of technical interviews, further assessing their Computer Science fundamentals. First round of interviews will be over skype followed by in-person interviews. We will handle the expenses for the student’s travel.
  • 6. C orporate Boot Camps. We’ve all heard about them. Many of us have lived through them. In my case, I’ve even invented a number of them. It’s fair to say that, while some achieve their goals better than others, they’re all pretty much the same. They typically focus on knowledge transfer—informing new hires, for instance, about the company’s products and markets and how to access key resources in the organization. The best ones, like those at GE and Ford, do this by having the recruits work on real business problems, where intense teamwork is required to meet tight deadlines (a technique I’ve described elsewhere as “compressed action learning”). I’ve studied them all. I thought I’d seen it all. But then I saw Trilogy University. It was 1998, and I was traveling around the country, studying corporate universities as part of a benchmarking research project on action learning. Within days of my arrival, I knew Trilogy University was a breed apart— in fact, my definition of best practice shot out to the horizon line. I’ve spent hundreds of hours since then at TU, documenting its unconventional approach— and its phenomenal results. (It should be stated, by way of full disclosure, that I briefly consulted to Trilogy last year on the matter of its reorganization. But my relationship to the company and its university at this point is purely as an observer.) Modeled after Marine Corps basic training, a corporate boot camp is designed to push new recruits to their limits. Each day offers some nearly insurmountable challenge, and the reward for overcoming it is an even harder one the next day. It’s intense and intimidating, but people emerge on the other end of the program highly confident that they are prepared for anything. They also come away with deep bonds to their fellow recruits and strong ties to the organization. Those two goals—preparedness and bonding—are usually the whole focus of a boot camp, and achieving them is worth a great deal. That’s why so many of the top-performing companies put their faith in such programs. In the mid-1980s, I ran General Electric’s Crotonville leadership development center, where I led NO ORDINARY BOOT CAMP by Noel M. Tichy Harvard Business Review published this article on Trilogy University. The article can be viewed online at http://hbr.org/2001/04/no-ordinary-boot-camp/ar/1 This will give you insight into what makes DevFactory/ Trilogy the ideal space for tomorrow’s leaders.
  • 7. the development of its Corporate Entry Leadership Conference, a three-day program in which new hires learn about GE’s strategy, its culture, and a bit about themselves. “Old man Watson” at IBM ran them, as did Ross Perot when he founded EDS, as does Andy Grove at Intel. And for years, the commercial banks have run their commercial-lending boot camps for college hires. In the past decade, consulting firms and service organizations have dramatically increased their investments in boot camps for new recruits. Accounting giant Arthur Andersen, for instance, has a 700-bed facility in St. Charles, Illinois, which runs at capacity year-round. Many old-line industrials have also set them up because they realize that energizing new hires and engaging them in the culture is just as critical as making sure they have the technical skills to do their specific jobs. The interesting thing about Trilogy University is that it achieves those goals and more. Much more. It also serves as the company’s primary R&D engine and as its way of developing its next generation of leadership. It even succeeds as the impetus and incubator for Trilogy’s strategic thinking. How can it do all that? By now, it almost couldn’t fail to, thanks to a virtuous cycle that was established early and continues to gain momentum. In the simplest terms, these things happen at TU because top leadership is on the scene and deeply engaged in it— and top leadership stays on the scene and deeply engaged in TU because these essential activities are happening there. Welcome to Trilogy Trilogy University is the orientation program of Austin, Texas-based Trilogy, designed to turn the company’s raw recruits— hired straight off the campuses of MIT, Stanford, U. Michigan, and the like—into highly productive contributors. Started in 1995, it is the brainchild of Trilogy’s president and CEO, Joe Liemandt, and its vice president of marketing, John Price. The company has a pressing need for new-employee orientation because its growth has been extremely rapid, and the biggest drag on growth has been the difficulty of recruiting and bringing new talent up to speed. Trilogy started fast out of the gate in 1989 when Liemandt nailed a market opportunity to create “configuration software” for large manufacturers like Hewlett-Packard and Boeing. The products these companies sell have innumerable variants, as alternative components are assembled to suit each buyer’s highly specific preferences. Trilogy’s software solves a huge problem traditionally faced in the selling process by allowing a salesperson with a laptop to translate a customer’s needs into a workable specification. The software spots where components are incompatible, for instance, or where one part requires another, and it configures a system that will work. Then—and this is really important to those salespeople—it produces an accurate price quote on the spot. Trilogy’s breakthrough allowed it to do something most small software companies only dream of: sign up brand-name accounts like Hewlett-Packard while the product was still in its infancy. Since then, Trilogy has expanded on its original offering to launch e-commerce applications for both the buying and selling of products, and its revenues have grown to about $200 million. Along the way, its employee base has grown 35% annually. In 2000, the company brought 450 new hires into an existing organization of 1,000.
  • 8. “There must be a ton of people from Google in the FounderDating Network,” an entrepreneur recently commented to me. “Ya, there are, but what makes you say that?” I responded. “Everyone knows people leave Google to start companies and Google is such an entrepreneurial place,” he said without hesitation. That got me thinking, there are a lot of lists out there: “Great Places to Work” or “Most Innovative Companies”, but few have looked at how entrepreneurial the alumni networks of different companies actually are. We decided this would be super interesting to figure out. FounderDating is a curated network – people apply, we literally screen and reference everyone and then invite a sub- segment to join. Submitting an application means you have high entrepreneurial intent – either you have or you really want to start something. Using this as a key indicator of entrepreneurial intent, we crunched the data (over 100K data points). What we found may surprise you… Surprises and Insights The Top 3: IDEO, Bazaarvoice, Trilogy They might not be the companies you immediately think of, but these alumni networks have a seriously high concentration of people with high entrepreneurial intent. It’s not all that surprising that after helping other companies be more innovative, you’d want to go start something that allows you to do the same. IDEOers have spawned great companies from Plum Organics to Mailbox. What’s Trilogy you say? One alum described their network as “the Paypal mafia without as much money.” Alums have started companies like Zocdoc, MassRelevance, Capital Factory, H.Bloom and Bazaarvoice. And it seems that last one has come full circle. Founderdating.com published this article on entrepreneurial alumni. The article can be viewed online at http://founderdating.com/entrepreneurial- company-alumni/
  • 9. 100% CUSTOMER SUCCESS POWERED BY OUR TECHNOLOGY READ A FEW STORIES ABOUT HOW OUR PRODUCTS ARE DRIVING SUCCESS FOR OUR FORTUNE 500 CUSTOMERS. CAMPUS HIRES WILL GET THE OPPORTUNITY TO DEVELOP THESE PRODUCTS AND ALSO COME UP WITH IDEAS FOR NEW PRODUCTS.
  • 10. Background VSK (Västerås Systemkonsult AB) was established in Sweden more than 35 years ago by three IT experts who had worked together for years. Their experience in building planning and administrative data systems together culminated in the creation of EmiR, an ERP system with integrated business processes. VSK has always looked for ways to simplify their EmiR product, which is why in 1999 they decided to move to Versata BRMS as their platform. Versata’s use of declarative rules, versus having to program every action and reaction, simplified EmiR substantially by raising its level of abstraction. Today, all new functions necessary to make VSK customers successful are built on Versata. The Versata platform minimizes client code by declaring rules on the server side, which these customers – many of whom have been with VSK for decades – appreciate greatly. Versata makes it possible for VSK clients to keep EmiR even as they build and adapt to new ERP systems, ranging from Oracle to SAP and more. FAST2 Is Born Two decades after VSK began serving clients in the ERP space, they developed a system on behalf of a group of public housing nonprofit organizations. The system became a product, and then became a company – the company was named FAST2. After an initial release that left them wanting more, FAST2 began its long journey using Versata BRMS as the platform. FAST2 is an administrative system used for real estate and property management – primarily for the very popular publically owned apartment (adult and student) housing in Sweden. Because FAST2 is built on Versata BRMS, development tasks on FAST2 can be divided based on skill level. In other words, one developer can specialize in declaring business rules, while another can specialize in writing the Java code that will be triggered by those rules. FAST2 Today While there are competitors to FAST2, none have the flexibility that FAST2 offers, thanks to the Versata BRMS platform. Most systems run on a single platform, whereas Java-based FAST2 can run on Linux, Windows, Mac OS and more. It’s due in part to this fact that fifteen years after starting the journey with Versata BRMS, FAST2 has become an unequivocal success. Many companies in Sweden, ranging from small to very large, are using FAST2 – and therefore Versata – to manage a wide range of properties. From industrial buildings to public housing, royal castles to student apartments, FAST2 is behind the places that house countless Swedes. VSK DRIVES SUCCESS WITH VERSATA Versata’s powerful Business Rules Management System (BRMS) allows customers to write, build and test robust applications in a matter of minutes, leveraging the power of rules-based logic to build better, faster business applications. The case study can be viewed online at http://www.versatabrms.com/read-success-story
  • 11. Overview The trading of equities and bonds, symbolized in the “ticker crawl,” epitomizes real-time transaction processing in the financial services industry. Each transaction flowing across the screen is the culmination of a series of front- middle and back-office processes that require accurate and timely execution. Nomura International plc is the London-based, European subsidiary of Nomura Securities, Japan’s largest securities firm and one the world’s leading investment banks. When Nomura re-architected its technology infrastructure to replace its legacy systems, it chose ObjectStore® to ensure that its newly designed systems could deliver the scalability that its equities and bond trading operation required. Nomura’s original system infrastructure had used an IBM mainframe platform that required traders to execute trades with COBOL-based applications, accessing 3270 screens via Windows-based terminal emulation. The system was slow and inflexible, offering neither the scalability to accommodate an expanding customer base nor the agility to offer new financial products. In response, Nomura’s London office began a major initiative, Hoodini (Highly Object-Oriented Development in Nomura International), that is frequently cited for its innovative use of object-oriented technology. Hoodini completely revamped the Nomura systems architecture, transforming a mainframe environment into a three-tiered, distributed platform. And, as the “oo” of Hoodini suggests, a key component of the new architecture was its use of an object-oriented programming model, which allows Nomura to flexibly express trade validation rules. This object-oriented approach also helps the system adapt easily to the evolution of the financial services industry and its associated regulations. Accurate and accessible reference data A key contributor to Hoodini’s capabilities within Nomura’s Strategic Middle Office (SMO) solution set was the rapid data access facilitated by ObjectStore. ObjectStore operates as a data cache to Sybase, Nomura’s database of record, and delivers the reference data that is needed to execute trades, in real time. Reference data includes information about customers, financial instruments, transaction types, and the trade settlement process. Though reference data traditionally is considered “static” (when compared to more volatile stock prices and market information), solid management OBJECTSTORE DELIVERS VALUE FOR NOMURA ObjectStore is the leading in-memory database for applications that demand high-performance, extreme scalability and real time responsiveness. The case study can be viewed online at http://www.objectstore.com/read-success-story
  • 12. of reference data is a crucial element to efficient trading operations. Accurate reference data is an acknowledged problem within the financial services industry, representing a significant barrier to the straight-through processing (STP) initiatives of many securities firms. The USbased Securities Industry Association (SIA) cites statistics that 30% of all transactions fail to execute properly because of poor data. The operational impact of such failures is significant—with the cost increasing the further into the trade process that a problem is detected. Resolving errors at trade settlement can cost ten times what it would take to have caught the issue at the trader’s desk. Having the right information in real time, as trades are processed greatly enhances accuracy, efficiency, and profitability. That philosophy prompted Nomura to embrace the value of data caching, as delivered through ObjectStore. Nomura anticipated a significant increase in trading volumes in the years after initial deployment. Given that assumption, Nomura foresaw data access as the major performance constraint on the scalability of its distributed, service-oriented architecture. To utilize Sybase for overall reference data management, yet address the demands for scalability given the high-volume demands for access to the data, Nomura implemented ObjectStore. As deployed within Nomura’s middle office, ObjectStore provides traders with a high-speed cache of the data needed to validate trades, thus enabling that critical step to be performed early in the trade execution lifecycle and without unduly impacting Sybase. Use of ObjectStore has enhanced the value of Sybase as custodian of reference data and the actual trade execution engine by relieving the burdensome query processing that would have otherwise limited scalability of the overall solution. In addition to trade validation, ObjectStore also supports a range of ad hoc query capabilities for traders. These queries enable traders to view reference data outside the context of a specific transaction. Nomura utilizes a graphical user interface that provides access to a list of stored queries. This enable traders to check on client positions and various other elements of reference data, further offloading work from the Sybase back end system. Objectstore data: Accurate and accessible As deployed within Nomura’s middle office, the cache of reference data encompasses five instances of ObjectStore running on Sun application servers. These server deployments collectively support close to 600 distributed, local caches utilized for trade validation and query processing. Data integrity between ObjectStore and Sybase is maintained by an update process that propagates changes from Sybase to ObjectStore automatically. Within ObjectStore, the product’s patented Cache- Forward™ Architecture (CFA) automatically ensures that data is consistent across all the caches as well as with the data managed within Sybase. Nomura’s trading operation processes an average of 10- 12,000 trades a day, with peaks of 30,000. Those trades—and other activities—generate changes in Sybase which, in turn, are synchronized with ObjectStore. To allow traders to access cached data at in-memory speeds while updates are applied to Sybase, Nomura has utilized the ObjectStore Multi-Version Concurrency Control (MVCC) feature. Traders can access the cache simultaneously with the processing of changes received from the update process. Use of MVCC avoids the lock contention and access latency that would normally result from those cache updates. ObjectStore is the only data caching solution in the industry to offer MVCC capabilities.
  • 13. Objectstore at Nomura ObjectStore’s deployment as part of the Hoodini project has provided significant benefits within Nomura’s middle-office operation. The ObjectStore CFA in-memory data access delivers real-time, in memory performance for trade validation, which enhances Nomura’s straight-through processing ability, reducing trade error and exception processing, and allowing them to trade better and faster. ObjectStore accelerates access to Sybase data while allowing Sybase to remain the primary custodian of data for the middle office operation. ObjectStore doesn’t usurp the primacy of Sybase as database of record; it enhances it. ObjectStore delivers a highly distributable caching capability that provides a single, consistent, system-wide view of the reference data, managing updates and changes transparent to the traders. Summary As the securities industry continues to embrace STP, the imperative to ensure timely access to data will continue to impact system design. Trade execution and settlement within 24 hours (the sought-after “T+1”) or more futuristically (“T+0”) cannot be achieved unless trade execution architectures can ensure that all the data needed for completing the individual trade’s lifecycle, can be accessed in real time, with increased accuracy. Nomura’s ObjectStore-based system embodies the type of real- time data access required by STP systems. Accurate reference data is crucial to trading operations, and early access to that data can drive the profitability of a securities trading operation. Much of the current focus within financial services is on the settlement process and managing that process effectively. The real- time access at trade validation time enabled by ObjectStore reduces execution errors, and the downstream exception handling they would require. The acceleration and improvement of trade processing are vital steps that will help facilitate the settlement process as performance and regulatory demands continue to put pressure on the financial services industry.
  • 14. Gensym: Profiles in Customer Success SITUATION Dalkia, a subsidiary of Veolia Environnement and Electricité de France (EDF), is a global leader in energy services. The company takes seriously its focus on providing innovative solutions to support the sustainable growth of cities and businesses. In an era of climate change, volatile energy prices and scarce resources, Dalkia offers customers its expertise in developing, constructing and operating greener and more economical energy solutions. With almost 50,000 employees in 35 countries, Dalkia reported managed revenue of €8.9 billion in 2012. CHALLENGE Dalkia offers mission-critical energy services to a growing number of businesses, universities, industries and hospitals across the world, but first in Europe. Dalkia’s services are designed as a hub and spoke model, with an expert system “hub” that monitors literally thousands of remote assets “spokes.” The number of spokes has been growing by the day. With more sites to manage in recent years came a challenge – as usage increased, the loading time of Dalkia’s CRT (Centralized Remote) application was slowing significantly. This issue was increasing costs as highly-trained personnel would have to be onsite with customers for the duration of any loading event to provide immediate support in case of an outage. The bottom line is that it was simply taking too long to load the application when a restart was needed after updates, upgrades, planned outages or even unplanned outage emergencies. The delays are simply unacceptable in today’s climate. A redundant backup plan is in the works, but doing that correctly takes time, they had to take action on their primary solution immediately. Dalkia reached out to Gensym for help. Dalkia Keeps Energy Efficient with Gensym
  • 15. Gensym: Profiles in Customer Success SOLUTION At the center of Dalkia’s hub and spoke application model was Gensym G2 Standard. While G2 Standard was highly effective and stable in Dalkia’s earlier years, it wasn’t able to support the increased needs during the company’s extreme growth. G2 Enterprise was supposed to be a faster, easier to use and more scalable version of G2 Standard – but Dalkia didn’t know if that type of upgrade would help. To determine the most effective solution, Gensym dove into a new engagement with Dalkia, first looking to see what immediate challenges could be remediated. As expected G2 Enterprise was the cornerstone of the solution, maximized by the utilization of Platinum support. Key Steps: 1.Application Health Check - Profiled and analyzed the entire application leading to improved configuration (memory/CPU) and KB Optimization 2.KB Optimization Delivery - Isolated critical bottlenecks and implemented new ‘generic’ system procedures 3.Release Partnership Service – Built an ongoing partnership to iterate and test new updates RESULTS By implementing G2 2011 Enterprise and evaluating all the ways the Dalkia expert system could be improved, Gensym was able to significantly improve loading time and substantially reduce downtime. Today, a group of 1300 sites that previously took 3 hours to load can be loaded in 1 hour with G2 2011 Enterprise. On an even grander scale, a group of 5500 sites that once would take 13 hours to load can now be loaded in 2.5 hours, an 84% improvement. As Dalkia continues to scale and add new sites, these results will continue to grow far beyond what was possible with the previous solution. Gensym is also helping Dalkia globalize their application (local language and unit systems) and deploy it in several countries across Europe. Improved business continuity is the next big goal for Dalkia utilizing expertise from Gensym. For customers on G2 2011 Enterprise edition with Platinum support, Gensym has a Business Continuity and Disaster Recovery solution that Dalkia is anxious to take advantage of in order to reduce onsite costs even further in the coming year. With Gensym, Dalkia has found a long-term partner. “Dalkia’s recent growth has been amazing, and with G2 Enterprise we are in a position to provide the high level of service our customers deserve. Optimization of our application built on G2 will allow us to reach new heights globally.” Philippe Maine, Dalkia Group Business Solutions Manager www.gensym.com 401 Congress Ave. Suite 2650 Austin, Texas 78701
  • 16. Ultimate Software Delivering Breakthrough Products HIGHLIGHTS • Industry Software-as-a-Service: Global Human Capital Management (HCM) • Business Opportunity Align product strategy and execution with company goals • Solution Accept360 Suite for Enterprise Product Portfolio Management • Results & Benefits Reliable Release Forecasts and Satisfied Customers Customer Ultimate Software, headquartered in Weston, Florida, is a provider of end-to-end strategic human resources, payroll, and talent management solutions to approximately 1,900 customers with an impressive retention rate of 97%. The company’s SaaS-based UltiPro solution helps businesses streamline their human capital management (HCM) operations without relying on internal IT resources. “Accept360 is a mission critical enterprise appli- cation for us. We rely on it to help transform and run our business and bring to market award- winning HCM solutions.” Business Opportunity Aligning company goals to product strategy and execution Ultimate Software is in a very competitive market and their continued success is fueled by relentlessly delivering new breakthrough products and incremental innovation. And they are not shy about transforming their business. A few years back their strategic initiatives were to: • Continually evolve of their SaaS delivery model – involving a large number of software changes and other initiatives driven by requirements from all departments • Launch new features targeted to medium sized enterprises An exciting time, rich with promises, but also challenges. In order to meet these objectives and the associated growth goals, the entire organization had to be focused on well-delineated initiatives. Customer intimacy was critical to balance current customer priorities and deliver the right products while rapidly iterating in new market opportunities. There was no room for misalignment between departments or confusion about what to work on.
  • 17. Case Study - Ultimate Software Executives, managers and team members needed transparency over the entire product innovation process from capturing ideas from customers, to defining product strategy, to prioritizing product releases and backlogs, to tracking commitments through development execution. The new Product Strategy leadership group at Ultimate Software recognized this right away and took decisive action to establish a single system of record that would provide an objective framework to make product priority decisions and execute them in the context of company goals and initiatives. Accept Solution The Accept360 Suite: Single System of Record for Enterprise Product Portfolio Management Ultimate Software was not just looking for a tool to improve the efficiency of their products team, they were looking for a strategic application that would give all stakeholders in the company a trusted view of what was being worked on, and why. And they wanted the system to help drive priority decisions from the perspective of company strategy. Technology Selection As typical of most companies, before Accept, Ultimate Software used spreadsheets and slides to track and communicate product requirements and priorities. It also did not support the factoring of strategic criteria into the process. Several point solutions were evaluated and eliminated because they lacked the strategic perspective and analytics that Ultimate Software wanted and did not support the full innovation lifecycle process from ideation through to product delivery. Other key selection criteria were usability, reports and metrics. Adoption The modules of Ultimate Software’s products are very tightly integrated and with extensive dependencies, therefore they needed comprehensive visibility across all modules and teams and they needed it right away. Therefore, they decided to rollout the solution across all module teams. “To consistently deliver breakthrough human capital management solutions we need seamless alignment across the organization and Accept360 has given us the transparency we required via a single system of record.” “The analytics in Accept360 were a power- ful surprise.We use them to identify the items that best match our strategic criteria to quickly and objectively narrow down our choices.” 2
  • 18. Case Study - Ultimate Software Establish a Trusted System of Record The first adoption wave focused on a blend of strategic and operational areas leveraging two Accept360 modules: • Strategy and Portfolio –Strategy and portfolio managers defined in the system the criteria for prioritization: initiatives, themes, target markets. • Roadmap and Requirements – The core team of business owners and product managers populated requirements and dependencies, and associate them to strategic drivers in order to manage prioritization and roadmap. Having established a single system of record, Accept360 was opened up to all stakeholders for transparency on the entire process. Twice a quarter over 200 distributed stakeholders review and make adjustments to the roadmap priorities. Accept360 is the one version of the truth that aligns and informs all their decisions. Engage with the Customer Community The latest adoption wave for Ultimate Software focused on engaging with customers in a community powered by the Accept360 Ideation module. The community was launched in conjunction with the release of new product functionality and customers right away started putting comments, sharing ideas and discussing/voting each other ideas. Quickly the community grew to over 1,300 users and 350 ideas. Results & Benefits Trusted Release Forecasts and Satisfied Customers As a SaaS vendor, customer satisfaction and retention is of paramount importance. Accept360 has helped them transform product planning and execution into a core enterprise business process. Everybody has visibility into the commitments and trusts the data because they have built a track record of impeccable delivery. Ultimate Software is just at the beginning of their customer community experience, and they have already been pleasantly surprised by the impact, not only in terms of ideas submitted by customers, but also by the time savings and value of engaging customers upfront in the design of new features. Research that used to take weeks is now completed in hours or days. “The releases planning process is now radically different and at least 30% more efficient. We have 100% adoption. Accept360 helped us knock this critical process out of the park.” “We are able to forecast our work many months out and maintain a unified shared vision, speaking the same lan- guage across all levels and departments in the company.” 3
  • 19. Case Study - Ultimate Software Everybody hates surprises. With Accept360 Ultimate Software tracks all dependencies and associated risks. Everybody is fully aware of the impact of their work and if there is a change, the affected parties are immediately notified and can take corrective action. Every stakeholder across the organization at Ultimate Software now has transparency over the entire product innovation process from capturing ideas from customers, to defining product strategy, to prioritizing product releases and backlogs, to tracking commitments through development execution. The rules of engagement are clear, the data that drives decisions is trusted, and Ultimate Software is meeting its objectives. “We no longer have to second guess our customer: they tell us exactly what they think and we know it right away, every day; so we can build the product they want.” Accept Corporation 3979 Freedom Circle, Suite 600 • Santa Clara, California 95054 USA • Phone: +1 866.423-8376 • Fax: +1 408.217.5101 www.accept360.com • info@accept360.com • UK: +44 797.444.2354 • Germany: +49 8137.9982180 About Accept Corporation Accept Corporation delivers The Product Innovation Management solution that technology-driven companies use to decide which products to bring to market for the fastest time-to-profit. The Accept360 Suite is the only complete end-to-end software solution that tightly links company and product strategy through ideation, portfolio planning, roadmaps, requirements and execution.  For more information, visit www.accept360.com or call us at +1.866.423.8376 ©2010 Accept Corporation. Accept360 and the Accept logo are trademarks of Accept Corporation. All other trademarks, registered trademarks, and service marks are the property of their respective owners. Rev. June 2010