90. Future Software

Future Software is one of the very few software companies like Axes and
Sasken, which have bet their fortune exclusively in the field of communications
software. And the company has been consistently growing in revenue focusing on
the core areas of datacom, telecom, ATM, frame relay, ISDN and internetworking.
In FY 2000-01, Future Software grew to Rs 76.55 crore in business from the
previous year’s Rs 47.96 crore. The company is focused on both products and
services. The modus operandi for the services is execution of projects on a
fixed-price-turnkey basis and on a time-and-material basis. In products, Future
Software develops, markets, licenses and supports a wide range of protocol
source code products to OEMs, to enable them to bring their products to market
quickly.

The success story of this company is its human resource. It has about 500
plus engineers with extensive experience in software engineering and project
management and has built core competencies in a broad spectrum of telecom and
networking fields. The company got SEI-CMM Level 5 assessment and came up with
an IPO in October. The funds from IPO would be used to build state-of-the-art
software development facilities, further expansion of setting up a
state-of-the-art integration and testing laboratory, and opening up four
additional sales offices in the US, one in Europe and one in the Asia-Pacific
region.