16 Jan 2008


in NASSCOM Top 100 IT Innovators, 2007

NASSCOM

Why Cadem ?
Nasscom honours companies that have "...made innovation an integral part of their growth strategies, managed to stand out and differentiate themselves in highly competitive software product space using breakthrough technological products and innovative features, and are making waves both at home and overseas markets."

Cadem develops software products for metal cutting industries. Its range of uniquely designed products is helping manufacturers around the globe to cut metal intelligently and remain profitable. Cadem SHOPtrack® is a productivity tracking and reporting software with a patented machine tracking hardware unit. It enables CEOs to easily analyze and view critical production performance data, and enhance speed of their decision making. SHOPtrack connects the top floor to the shop floor. Driven by advances in machine tools, wireless communications and embedded hardware, Cadem’s products straddle across these multiple technologies.

"Our inclusion in Nasscom’s 100 Innovative list is an acknowledgement of our innovations," says SK Bhagavan, Director. "It also acknowledges the arrival of "Made in India" hi-tech software products. "Cadem is an established name in the CNC metal cutting industry and known for its industry standard CAD/CAM products. We are also 3 time winners of the prestigious CMTI - PMT award for best design innovation in metal working. Cadem’s products are ‘Developed in India with pride, used worldwide."

NASSCOM website


SREE KRISHNA invests in SHOPtrack

Established in year 1998 SKAI - Shree Krishna Auto,Faridabad has emerged as a trusted name in auto components industry.Their customer base includes automotive component manufacturers, Electric Motors manufacturers and Earth Moving Equipment Manufacturers.

" To establish ourselves as a reliable company with strong technology capabilities, modern facilities and global presence, we are striving to become a lead organization that drives its revenue through greater exports and more value added parts. We aim to increase our profits by continuously reducing cost", says Mr. Anuj Mittal, Director.

He also adds, "Investing in SHOPtrack has been one of our best strategic decisions to become efficient . SHOPtrack has brought in a fresh productivity culture to my shop, my operators are now self-motivated and have become downtime-conscious gradually. The overall machine downtime has reduced by 15% and production is up as result. SHOPtrack has made decision making easy by its focussed reports. Shop floor meetings with my operators' team is based on hard facts and is completely transparent."

Sree Krishna Auto Industries website


Cadem's take on the Nano

It's not Tata, it's the govt, stupid!
Whatever else the Tata Nano may have achieved or not achieved, it has -- for the first time -- got the entire country talking about a car, instead of cricket or religion or politics. I thought I too should add my two-paisa bit to the debate. My credentials? My Indian passport, my mechanical engineering degree, and the fact that I have a lower carbon footprint than the average car-owning Indian -- I own a large gas guzzling car that I use a maximum of three days in a month. Most days I take a bus or cycle to work, a distance of 15 km from my home.

My reaction as an Indian
India has so far been known as a source of cheap labour, of a limitless pool of people who can implement ideas that other people have come up with. Vast segments of Indian industry today are based on services that involve making something that has been designed outside India, like automobiles and auto parts, IT products, garments, et cetera. The risks are lower here, but the rewards are lower too.

When you create something from scratch, the risks of failure are very high but the rewards can be very high too. We have become a risk-averse country and have forgotten the thrill of creating things.

Read the complete article on Rediff's website.



IT to help auto parts industry to achieve $40 mn in revenues
Kiran Karnik
President NASSCOM

A majority of auto-component manufacturers surveyed in 2005-06 had an annual IT budget of Rs 20 lakh. The budget is expected to increase for a majority (90 per cent) of these manufacturers in the coming year, reported a Nasscom-ACMA study.

As the auto component industry has set an ambitious growth target of $40 billion by 2015, Nasscom today released a report – IT Adoption in the Indian Auto Component Industry – to help the industry reach its goal through IT adoption.


Read the complete article on Business Standard's website

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