Company Profile of Panacea Infotech Private Limited. PIPL is a Pune, India based Software Development, Web Development, Application Development, Flash Games Development Company

2. 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.

3. • 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

4. 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

5. 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
info@panaceatek.com
Website: http://www.panaceatek.com/

6. 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.

7. 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.

8. 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.

9. 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.

10. 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

11. 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.

12. 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

13. 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.