I just returned from India where I visited four cities – Ahmedabad, Pune, Bangalore and Kolkata over a two week period. The sentiment in the IT Sector in India is not as gloomy as in some of the other markets and the industry is expected to grow over 12% this year. I visited customers and potential customers in Pune and Bangalore and discovered that there is a definite interest among the IT Services Companies in acquiring some of the tools that would improve their productivity as well as the schedule and quality of their deliveries to their customers. Recently, the Central budget that was announced looks favorable in terms of growth expectations. India’s GDP growth projection is estimated at 6.7% for the 2009-10 fiscal year and we will continue to extend our focus on that market for Kovair products.
Our development center in Kolkata continues to do well and their focus is creating multiple adapters that will place us in the forefront of tools integrations to the Kovair Omnibus Integrations Bus both in the .Net and Java development domains. We will post a new list of adapters that are scheduled for release on our Web site in the next few days. Please visit www.kovair.com to review this list if you are looking for any integrations with third-party development tools that you may be currently using. Our most recent adapter release was for the Microsoft Sharepoint that we announced in July ’09.
Continuing on the subject of the integrations, we are very excited about the webinar that we have scheduled for September 2, 2009 at 10:00 a.m. Pacific on the topic “Integrations of Multi Vendor Tools, the Holy Grail of Development Management.” CTO Sky Basu will show a live demo of Kovair integrations with Requirements Management, Test Management with Quality Center, Configuration Management with Perforce and Document Managemnt with Sharepoint.
Finally, Kovair was named one of the Top 100 Software Companies by SD Times for their selections for 2008 and one of the top 10 for the ALM domain. We are obviously elated with this recognition and want to thank them for this selection. We will strive to do our best to serve all our existing and potential customers and continue on our path of product innovations!
Until next time,