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Insights Success The 30 Most Valuable Tech Companies Insights success November2016

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‘ of <strong>success</strong> is<br />

<strong>The</strong> secret<br />

to do all you can<br />

do without the<br />

thought of<br />

<strong>success</strong><br />

‘<br />

Mr. Guru Murthy<br />

Founder<br />

other customers effectively.<br />

<strong>The</strong>y always believe that, customer<br />

satisfaction is the only key to <strong>success</strong>.<br />

Impact of Present Industry Scenario<br />

As Fintech is generating a lot of<br />

interest from investors, analysts and<br />

technology companies. So the industry<br />

is ready to witness a paradigm shift in<br />

next few years. <strong>The</strong> Banking industry<br />

is undergoing a major transformation<br />

and more people are diverting<br />

themselves towards main stream<br />

banking.<br />

So, technology is all set to take over<br />

the center stage of this change. As<br />

digital payments and mobile based<br />

transactions are becoming a norm and<br />

are providing better transparency in the<br />

business environment. So, Processware<br />

is ready to be a part of this revolution<br />

with BankSoft as its revolutionary<br />

product.<br />

Expert’s Advice to the Aspiring<br />

Startups<br />

18<br />

57<br />

Focus on the customer rather than<br />

focusing on the technology. Raising<br />

more money then required always<br />

hampers the profit making possibilities,<br />

so the financial plan needs to be perfect<br />

during the establishment stage.<br />

Aspiring entrepreneurs need to be<br />

humble and learn as fast as they can<br />

from the environment and harness skill<br />

sets of the millennial population, who<br />

are willing to take risks and work for<br />

the start up.<br />

Mr. Murthy always believes that:<br />

“Opportunities exist, to build the next<br />

Google or Microsoft, from India. Be<br />

patient and prepare for the long haul”.<br />

Future Prospects<br />

Processware is always poised to grow<br />

significantly. As more and more<br />

institutions are adopting technology to<br />

process financial transactions,<br />

Processware is ready to be the game<br />

changer by proving themselves as the<br />

backbone of all UPI transactions on the<br />

mobile and integrate it into their Core<br />

Banking Solutions. Processware’s<br />

mission is to provide clients with the<br />

optimum software solutions across<br />

product families, operating systems<br />

and hardware platforms. <strong>The</strong> strength<br />

of the organization lies in analyzing the<br />

customers problems and providing<br />

prudent software solutions to address<br />

those problems.<br />

<strong>The</strong>y are also trying to become the key<br />

player in the defense sector by<br />

providing technologies to emerging<br />

platforms.<br />

<strong>The</strong>ir dream is to have each village in<br />

the country linked to the formal<br />

financial sector and lead them towards<br />

the trend of plastic money or cashless<br />

transactions.<br />

Mr. Murthy says: “<strong>The</strong> day, we enable<br />

the small merchant on the sidewalks to<br />

accept a Rupay card, we can say that<br />

India belongs to the developed<br />

world.”<br />

| November 2016 |

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