Professional Documents
Culture Documents
Piyush Bhamare (6118) Rahul Chopra (6121) Vignesh Iyer (6136) Bhavin Rathod (6254) Sunil Dahale (6316)
Concept
Emerging Web 2.0 Technology Normal User can easily control the content Success of YouTube, Wikipedia and blogs Using this framework, user can define processes Deployment cost decreases drastically
Conventional ERP
Heavy Investment Hardware Maintenance Costs Customized Solution providing specific costs Upgradation difficult
Pre-Startup Stage
Initial Investment : Rs. 7,50,000/ 5 promoters Registered as an IT Company based in Nasik Ten Computers for development One server
Revenue Model
Target customers Small to medium scale industries Customers can buy the service online Separate service for customizing the needs of the customer Scope for advertisement leveraging the web based deployment
Initial Cost
Item Costs Preliminary Expenditure Rs. 50,000/Development of framework Rs. 1,00,000/Softwares Rs. 1,00,000/Server Rs. 1,50,000/10 Computers Rs. 2,50,000/Design of E-Commerce site Rs. 1,00,000/Total Rs. 7,50,000/-
Financing Option
Would use Debt for 50% financing Remaining to be funded by promoters Support from Software Technology Park of India (STPI)
Rs. 2,00,000/-
Rs. 30,000/-
Startup Stage
Start with SME industries Focus on marketing through IT Fairs and Exhibitions Scaling the operations at national level Convert the service into business portal
SWOT Analysis
Strengths Leveraging the powerful Web 2.0 technology ERP system can be implemented at a low cost Web based system enables to target the world market
SWOT Analysis
Weakness Degree of customizing processes Data security issues
SWOT Analysis
Opportunities Online system would extend the concept worldwide The concept can be extended and a business portal can be formed
SWOT Analysis
Threats Competition from ERP giants like SAP and Oracle and other players Awareness about Web 2.0 Technology among the target customers
Extending upto international level Conventional ERP market is growing at the rate of 20% Web Based ERP would allow us to create a new market Expected to capture 30% of the SME market Being a first mover and creating a new market we intend to grow at 50% CAGR for the first five years After the initial years, we expect to grow at 20% CAGR After 5 years, we would scale the human resources
In 2014, we expect to invest Rs. 20,00,000/We would scale the operations and the enterprise would be extended to form a professionally managed company Create different divisions in the company The service offering would be in the form of international portal targeting the international market Opportunity to exit like Sabeer Bhatia did for Hotmail
Financials
(in '000 Rs)
Year
Capital Investment
2014
2015 2016
2017
2018
750
2000
Cashflows
Operating Expenditure Operating Profit
5695
6834 8201
9842 11810
100 125
150
175
200
225
550
575
600
625
650
5145
6259 7601
9217 11160
Thank You