Profile Panacea Infotech Pvt Ltd

Established in 2004 in Pune, India, Panacea Infotech Private Limited is premier software,

services and web design company developing leading-edge solutions, products and designs

for addressing the needs of businesses worldwide.

Panacea Infotech Private Limited has an excellent and experience team of professionals

from various background and academics. Panacea is perfectly poised to partner the client’s

business to new levels of efficiency, profitability and growth. Panacea offers a range of

vertical solutions, web solutions, a range of ready-to-use packaged products, consultancy,

development of customized solutions for varied industries, human resource and training.

Panacea Infotech Private Limited with strong technology, an efficient design team, and

custom product and web development expertise, promises to break into the top league of

service providers to a wide clientage. Its development center in Pune, India offers both high

quality and a competitive cost advantage.

We specialize in providing end-to-end e-business solutions in an offshore-based delivery

model. Our capabilities span both the technology and design domains. We develop and

deliver industry-leading products that enable our customers to manage and secure their e-

business.

Started by two first generation entrepreneurs and backed up by a team of more than twenty

professional including engineers, designers and architects Panacea Infotech is an ideal

partner for your growing business.

We provide full-range service to Define, Develop and Support software projects. Whether

you have the full product specification or only the business idea, we turn your project

concept into reality. We analyze your project in order to define goals and plan a detailed

roadmap to reach those goals.

Our proven step-by-step methodology helps us maintain accurate development schedules

and documentation of development.

• We know that our customers are the source of our living therefore we serve them

beyond their expectations and core competencies and above market standards.

Pursuance of progressive world in a race for modern technology

• To look forward for the new era with bright hope and with immense optimism,

viewing the revolution of information and communication.

• Commitment to satisfy the paramount needs of our customers, which can only be

met by continuous efforts of a vibrant creative organization.

• Dedication and professionalism to ensure the company’s development.

• Panacea Infotech Private Limited is set to develop leading edge software solutions,

web solutions and efficient designs that will enhance efficiencies of businesses

worldwide and help companies in establishing and promoting their brands.

Firm and solid belief in adopted ideas. We operate as an integrated management system,

combining quality, commercial and technical disciplines into coherent approach

• Understanding our customers needs and requirements

• Meeting or exceeding our customer’s expectations

• Use of a practical mix of new and proven techniques and technologies

• Constant development of our staff and management expertise

• Our commitment of the continual improvement of our processes

• Propensity to innovate, creation and transparency

• Selectivity of product and producer

• Quest for excellence and perfection to offer the highest standards of service

• Exploration of the concealed energies and talents of our employees

xpertise

All of our team members have several years of expertise developing customized, fully

integrated systems in a variety of industrial standards. Some of our team members have

worked on software projects for industry leading firms such as Infosys and Persistence. In

addition, Panacea Infotech Private Limited has a well-managed administrative support staff

to assist in meeting your needs.

Technically Advanced

Our software development tools and products implement Object-Oriented design and

programming. Further, we use the most modern development tools and technologies

available on the market today. We are staying on pace with the fast evolving software

development capabilities and uses of multimedia and the Internet.

Availability

The Internet allows us to communicate with your team as easily as if we were in the next

room. All of our project managers you will potentially interact with have strong English

language skills thus eliminating language barriers. Also, because of our location in Pune

(India), we can receive our feedback in the morning and address your concerns before you

arrive at work the following day (for the companies located in USA).

Flexibility

We are custom-build to client specific requirements. We have proven to be able to react

quickly and to adjust to any changes or additions thrown at us during the course of a

project.

Speed

Because of our experience, the tools we have evolved, and our talented programmers we

can develop quality, customized systems very quickly.

Dedication

Our programmers are professionals in the truest sense of the word. When we have your

deadlines to meet we ensure the deadline is met. Our people put in whatever work is

required, whenever needed, to keep our clients happy.

Reasonable cost

India has low operating costs and low-cost labor, yet India is a world technological

superpower. Pune location provides us with a rich pool of technical talent and low-cost

environment for operating, overhead and salaries. Therefore, we can pass on significant

savings to you. Ultimately, you'll get more for your software budget.

Expandability

For our clients' proprietary software development projects, we tap a virtually unlimited

supply of highly skilled programmers and professionals.

Security

Panacea Infotech Private Limited is a 100% Indian Software Development Company. Our

legal, banking and accounting relationships are spread all over India, USA and UK. You have

the convenience and security of dealing with an Indian business with the added benefit of a

much lower development cost.

Our Commitment to Business Continuity

Panacea Infotech has a robust and time-tested Business Continuity Model (BCM) that

ensures that the business operations of Panacea Infotech are not disrupted by any natural

or Unnatural disaster.

The BCM reiterates our commitment to delivering the highest quality solutions using the

onsite/offshore model, and protecting our clients from risk. Our business continuity plans

are based on the need to protect professional staff, computing infrastructure, and

intellectual property in order to help our customers remain in business through any

contingency. That includes provisions to ensure the mobility of professional skills along with

fully redundant communications backbones and computing infrastructures.

Corporate Headquarters

Panacea Infotech Pvt. Ltd.

T-5 to T-8, Super Mall,

Salunke Vihar Road,

Wanowari,

Pune – 411040.

Tel: +91 20 3291 3760

Fax: +91 20 2683 5682

[email protected]

Website: http://www.panaceatek.com/

Location

Panacea Infotech Private Limited is headquartered in Pune, one of the major cities of Western India.

Pune is an emerging metropolis situated approximately 200 km southeast of Mumbai (previously

Bombay).

Pune is well connected to Mumbai by Rail and Air as well as a sleek new Expressway that

reduces the Mumbai Pune driving time to a little over two hours.

Pune city and its Information Technology Park in Hinjewadi are home to a number well-

known software companies and is arguably western India's leading city in terms of

technology companies. Its proximity to India's commercial capital Mumbai combined with

pleasant weather year round and excellent infrastructure makes it truly a location of choice.

Pune also has a tradition of being home to excellent educational institutions. Pune's status

as an academic city ensures that businesses here have the cream of the nation's technical

talent available to propel innovation and growth.

Panacea Infotech Private Limited development center in Pune is a spacious development

center and the sophisticated infrastructure is complete with an array of advanced

workstations, cutting edge computing and network systems, power packed online servers,

smart communications systems, enhanced conference halls, CBT and video learning

facilities.

Our facility provides an ideal and exclusive environment to creative and skilled professionals

engaged in information technology development activities. It is scientifically designed and a

fully networked workspace, complete with all the support services. High-speed data

communication links provide connectivity to clients worldwide.

While being fully secure & well equipped, this round-the-clock technology center ensures

each and every software engineer/consultant, up and running workstation connected to

servers and printers.

The company's LAN has been built by the 100MB Ethernet technology with micro

segmentation. The LAN comprises servers under OS Linux and Windows 2000 Server and

over 30 workstations under Windows XP and Windows Vista.

A 1 MBPS (extendible to 4 MBPS) line provides access to the Internet, with backup of

broadband Internet connectivity of 1 MBPS. A double firewall separates the line from the

LAN.

Hardware Platforms:

• High-End Dual Pentium Servers (Linux, NT) and

• Pentium IV Desktop PCs

• LANs

Communications:

• ISDN and Leased Lines (Internet) to International Customer (as per requirement)

• Internet access and e-mail

• Client Extranet

• Corporate Intranet

In the new economy, we realize that customers are increasingly demanding the flexibility

that best serves their unique business requirements. We provide the option of selecting a

combination of business models to suit various phases of a project cycle.

Fixed Time/ Fixed Price:

Our fixed time, fixed price model offers customers a low-risk option and can be employed

when the scope and specifications of the project are reasonably clear. This model

guarantees on-time, on-budget delivery of projects. Deliverables, costs and timelines are

clearly defined in the Fixed Time/Fixed Price model.

Panacea Infotech Private Limited follows a phased approach that includes scoping,

development, implementation and business support. Combining the fixed time, fixed price

model with our solutions center, we can offer customers a tremendous advantage on the

cost front.

Time and Materials:

In this business model, Panacea Infotech Private Limited forms project teams with the

required team members, project managers, equipment and infrastructure based on project

requirements. Customers pay a monthly charge based on the size and composition of the

team. This model offers the flexibility to balance team size and project workloads. Most of

our onsite services (unless it is part of a fixed time, fixed price project) are delivered using

this business model. Panacea Infotech Private Limited could bid for partial phases of a

project on a fixed time, fixed price basis and the remaining parts on a time and material

basis. In such engagements, the client has complete flexibility in using our associates in

tasks that match their area of expertise.

Panacea Infotech Private Limited provides knowledgeable, skilled, motivated, energetic and

competent consultants who work seamlessly as part of client teams to provide quality

solutions. Our consultants are handpicked after assessing their technical, communication

and interpersonal skills. We keep our consultants on the cutting edge of information

technology by providing them with ongoing advanced training and skill-building workshops.

Revenue/Risk Share:

We have endeavored to partner with our clients, by offering unique risk-reward models for

project delivery. Since information technology is intended to help our clients become more

effective in their business operations, we are open to linking our charges for a project with

the level of business benefit our clients realize. Revenue/Risk share models are popular

amongst emerging businesses or technology companies, wherein Panacea Infotech can

invest and share the development costs in return for jointly owning the Intellectual Property

(IP) and sharing revenue/licensing fees. The risk and reward model is typically used during

software product/subsystem development. Under this business model Panacea Infotech

shares the risks involved in developing and marketing a product along with our customers.

Proof of concept:

Our commitment to our clients and confidence in ourselves is complete. So much so that,

we would gladly offer a pilot project with our compliments and with minimal professional fee

to a new member of our client family.

Which organization would not like to have a dedicated IT delivery team? A team that

understands their business and technology, which can be quickly changed in size without

the administrative overhead of resourcing, managing and enabling the team with the

infrastructure required. And, of course, delivers high-quality cost-effective solutions. Sounds

like a dream!

We have made this a reality for more than one client. We partner with our clients to invest

in replicating their IT environments, training our teams, setting up communication &

security systems and integrating our development processes with theirs to ensure that the

offshore team is an efficient and seamless extension of the client's development facilities.

We also invest in creating a pool of additional resources that can be used to augment the

team at any time.

Add to this a system that optimizes employee productivity and charges clients attractive

long-term rates and you can realize what we offer to our clients on a long-term basis.

In India, we can establish and manage your dedicated offshore development center to

develop IT solutions, maintain legacy systems, and provide 24-hour, on-call support.

Our areas of expertise include web solutions, client-server / distributed computing

architectures, web enabling of applications, website designing / development, Open Source

and brand positioning. These skills form the foundation of our ability to provide complete

enterprise solutions to our clients ranging from legacy system maintenance, migration and

new application development. We focus on providing complete Enterprise Resource Planning

and Customer Relationship Management solutions. We provide solutions on a wide array of

platforms such as Windows, Linux, Sun, ASP, ASP.NET, PHP, PERL, CGI, Java, VB, VB.NET,

XML and Macromedia Studio MX. We use all licensed software for our development works.

The Team Profile

We have excellent team of skilled and experienced professionals, Engineers, Designers,

Business Analyst and Consultants who are well qualified and experienced in their respective

fields.

Panacea Infotech Private Limited Approach & Strengths

Information Technology has not always been able to address the needs of SME markets.

The hurdle being reasons like affordability, geographical reach, downtime and limited spread

of quality IT development centers locally.

The Process Management Process

Client

Project Scope & Project Costing

Prototype / Concept Design

Development as per Modules

Modules Testing

Modules Integrations

Beta Testing

Quality AnalysisFinal Delivery

Project Documentation

Requirement & Feasibility Study

Software Development Methodology

At Panacea Infotech, a standardized software development methodology helps us to provide

very cost-effective and efficient business solutions. The following would give a better

understanding of the same...

PHASE 1- REQUIREMENTS GATHERING

Our business consultants conducts Joint Application Development (JAD) sessions with the

client. These are brainstorming sessions that help determine the business objectives and

marketing goals. Prototype storyboards or screen layouts are used for role-playing.

PHASE 2 -TECHNICAL ARCHITECTURE

Our Technical Architects advice the client on options available to him with respect to

architectural approaches and technology solutions for project implementation.

PHASE 3 - CONFIRMATION

Based on the architecture and technology chosen, the development team of programmers,

graphic designers and project managers draft a development plan for the project with cost

and time estimates.

PHASE 4 -INCREMENTAL DEVELOPMENT

This is the stage where the project is actually off the ground. Panacea Infotech builds the

application in progressive phases or increments. Incremental delivery permits

experimentation of complex solutions during the course of development. This approach

facilitates modifications through hands-on exposure to the delivered increment.

PHASE 5 -INSTALLATION and TRAINING

once the system is installed on the production servers, comprehensive training is extended

to the client's IT/ MIS personnel; not only to administer and maintain it, but also to

understand the underlying technology and development tools. The end-users are trained to

use the application effectively. Follow-up action in terms of close monitoring of the system

and applications ensures immediate response to issues.

This development process allows us to guarantee:

• On-time completion of the project,

• Delivery of a high-quality system meeting your business requirements,

This development process provides a flexible and easy to use system.

Panacea follows Agile methodology for the execution of projects. Panacea tailor this process

to suits clients needs. With Agile process, at the end of every iteration Panacea releases set

of requirement to the client, that are agreed Clients and Panacea.

Improved return on investment (ROI): An agile process delivers valuable results on

every single iteration. This provides the basis of early return on investment. The

organization can then take those results and start to realize their benefits immediately

after the very first iteration

Change is welcome:Unlike software development projects of the past that required costly change orders with major time impacts, with agile, you have a chance to change course every two or four weeks. As value is added your priorities might change. With agile, not only is that alright, that is expected and easily handled. Also, if at any point in the development process you decide that you are ready to go live with what you have.

Improved control of a project: Through the continuous prioritization of the work that needs to be done, you have control over what is developed when. This ensures that features providing the highest ROI for the project are completed first. This also means that critical core functionality is developed first, so that as more value is added, testing can be performed to ensure that nothing core has been broken.

More communication with the teamAnother big change that agile brings is increased communication between the team and you. If they don’t understand something, you will get an email or a call. You may get more than you expect, until the team has a grasp of what you are trying to accomplish. This is very important, as you understand your business and customers better than we do.