In 2006, 1M/1M premium member InSync was established as an IT company to provide software solutions to Indian small and medium businesses (SMBs) from their location in Kolkata. Over the next three years, InSync would acquire more than 500 domestic customers, and make an important discovery. They noted that at a certain volume, it was impossible for customers to manage their e-commerce businesses without an integrated enterprise resource planning (ERP) system. Leveraging this knowledge, InSync shifted focus from services to product and released their flagship integration solution, SBOeConnect. Today, the company specializes in solutions that complement enterprise solution products, as well as business intelligence services, including reporting and data warehousing. >>>
In late 2011, 1M/1M premium member Hooduku, a cloud and mobile application services company, saw an unduly large bill from one of its cloud providers but couldn’t see how to track the spending. Citing lack of controls on cloud spending as a cause, Hooduku decided to develop an internal solution to the problem. Earlier this year the company released Xervmon, a software-as-a-service (SaaS) based cloud cost management and analytics product that primarily focuses on cloud spending analytics.
Sensible Softwares is a 1M/1M premium company that launched in August 2009 with its flagship product BootStrapToday. BootStrapToday is an application life cycle management platform for software development teams. In just 60 seconds, software development teams can get started managing the life cycles of their projects.
In any software development undertaking, 30% to 40% of a developer’s effort goes into fixing bugs. That percentage is even larger for maintenance projects. The cost of fixing a bug increases exponentially with the time it takes to detect it, and writing bug-free code is impossible. But the cost of fixing a bug can be reduced by detecting bugs earlier. >>>
I made a prediction about 2012 being the year when personalization technologies start to find their stride.
GloMantra, Inc. is a company that specializes in personalization technology and social commerce solutions for e-commerce and online media companies. GloMantra understands the intent of consumers and the context of their need, and uses them to provide personalized and relevant recommendations. Based on its patent-pending personalization technology, the company provides three distinct offerings: personalization solutions for social commerce, which enable a personalized recommendations service for retailers and online media enterprises; a mobile personal assistant, which is a fully integrated solution for mobile device OEMs and carriers to make their smart devices smarter; and myBantu.com, a free consumer application, that acts as a smart personal assistant, giving users relevant recommendations for their daily needs. The company currently has a team of 15 serving a user base of over 10,000.
Rewards programs have been around for a long time. Gartner reports that systems that leverage social and mobile concepts have seen rapid growth recently, and increasing global adoption of employee recognition systems is expected over the next three to five years. >>>
For some, like Tyler Florence and Rachael Ray, cooking is their livelihood. For others, it’s a hobby. But for most, cooking is a necessity, a means to an end. Still, they want to cook food that looks and tastes good.
Based in Menlo Park, California, with offshore offices in India, ifood.tv was launched in 2007. This 1M/1M premium company is a popular destination for food- and recipe-related video content. On ifood.tv, foodies are coming together to discover new and interesting content, while professional chefs are using the platform to gain exposure and build their brand. Over the past few years, the company has aggregated a large library of cooking videos (more than 40,000) and text recipes (about 200,000) online; all the videos are hosted, managed, and streamed through the content management platform. Content is created by an in-house team of editors and sourced from professional chefs, video producers, authors, and media companies. The technology platform can deliver a blend of multimedia, interactive, and social features, and it can be reused to launch new Web 3.0 sites in other verticals. >>>
Staying in touch with past and present customers is important. In today’s business environment, this means that having an effective email marketing campaign is equally important. Enter Happy Grasshopper, today’s Incubation Radar company. Happy Grasshopper is the easiest way to keep in touch with your sphere, according to founder, Dan Stewart. Its team of writers create timely, interesting email messages that actually get read and responded to. The team loads a new message into a customer’s account every three weeks for him to edit and approve before it is sent. Full reporting on deliverability and open rates is also provided in real time. For the first quarter of 2011, the company’s open rate was 198.2% higher than that of Constant Contact for the real estate market segment. >>>
A finalist in the Microsoft BizSpark India Startup Challenge, Freshdesk is a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support. Freshdesk introduces itself as a kind of Salesforce.com for customer support so to speak. Small- and medium-business owners can set up online customer support platforms that combine the backend help desk system used by agents (ticketing, knowledge management) with an online customer portal (self service, forums, idea management, voting, etc.) on the front end. >>>
Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. The founders, Sunil Guttula and Abinasha Karana are experienced IT professional with 15 years’ experience between them solving various enterprise IT problems. Guttula, Bizosys’ CEO, and Karana founded the company with the goal to “simplify software development.”
Toward that end, they have created two products. The first is HSearch, a NoSQL technology based search engine for big data that aims to break the barrier of scale of growing information and accessing it across information silos. The second product is 10Screens, a tool to visualize business requirements critical to software development, which tend to be hampered by poor communication among various stakeholders. 10Screens is currently a finalist in the Microsoft BizSpark India Startup Challenge. >>>
The 1M/1M Incubation Radar, part of my global initiative that aims to help a million entrepreneurs reach a million dollars in annual revenue by 2020, starts 2011 with GrillGrate, which makes modular plates with a raised rail surface to use on top of grills, making it easier to cook and sear food without burning it or drying it out. >>>
By guest author Eunice Nyandat
How often have you changed jobs? If the answer is “many times,” you’re not alone. Data gathered by the U.S. government indicates that frequent job changing is not just a 21st-century phenomenon. Even workers born at the end of the baby boom (1957 to 1964) have held an average of 11 jobs from ages 18 to 44. Today’s 1M/1M company, Careerealism, operates under the premise that “every job is temporary.” The idea for the company took root in the mid-1990s while founder J.T. O’Donnell was working for a well-known national staffing company. A senior manager from Europe explained why he believed that the American economy would shift and cause Americans to look at their careers as as series of temporary assignments. He also predicted as much as 50% of the American workforce would end up in contract roles as opposed to full-time jobs – a situation with many pros, but some serious cons, for American workers.
VOI (Value of Insight) is a bio-pharmaceutical publishing and business intelligence consulting company. Its primary publications, pharmahandbook, Guide to the International Pharmaceutical Industry; and generichandbook, Guide to the Generic Drug Industry in the US, are important resources in more than 40 countries. The company has also created a data platform designed to increase return on investment for R&D and make the long, extremely expensive clinical trial process better, faster, and cheaper. >>>
By guest author Hema Kalsha
While a lot of the discussion about how to reduce fuel emission centers on cars – either trading them for public transportation, car pooling, or more fuel-efficient cars – another common gas guzzler may be overlooked: the lawnmower. There are about 30 million acres (~121,400 square kilometers) of lawn in the United States alone. Caring for these lawns causes a lot of pollution; running a lawnmover for one hour may pollute as much as driving a car for four. Compounding the problem is that traditional manual mowers have the reputation of being heavy and awkward, and their blades need frequent sharpening. Ecomowers is an e-commerce store trying to change the way people think about environment friendly lawn mowers. >>>
By guest author Eunice Nyandat
The 1M/1M Incubation Radar series returns in time for the holiday season with Kir DeVries, an online store that offers young women moderately priced, fun, upbeat, and unique gifts for their homes. The company’s mission is to help young women live inspired, healthy, and positive lives. The collection of products are selected for the “good factor”; that is, products that customers can feel good about buying because they come from fair trade sources, possess eco-friendly qualities, and are made from healthy materials while being fresh, new, and colorful. >>>