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Intoto unveils new corporate identity news
Our Infotech Bureau
23 October 2004

Hyderabad: Intoto Inc, which provides integrated security, wireless and voice software platforms to the networking and communication original equipment manufacturers, has unveiled a new corporate identity called the 'Software Original Design Manufacturer (ODM).'

The company feels this would reflect correctly the networking and communication software platform capabilities for networking and communications original equipment manufacturers (OEMs).

The US Santa Clara-based venture funded company, has also raised close to $15 million in funding so far, and recently announced that its customers worldwide had deployed its software across more than one million installations.

Sathyan Iyengar, president and chief executive officer of Intoto Inc, addressing the press said "We are pleased to announce that we have achieved the milestone of 1 million units of deployment by our customers," said Iyengar.

Intoto, which has announced investments of $15 million in its Indian operations over the next five years, has also started its Chennai development center where six people are employed at present.
"At this moment we have only about six people at our Chennai centre but this will go up to about 20 by the end of this year. Since the work done by us is high end we employ only highly skilled embedded professionals and these are hard to come by. We need to have a presence in places where there are highly qualified professionals, he said."

He said the company planned to set up centers in cities like Pune and Bangalore also later. He said the idea was to establish and stabilize the Chennai office "Our idea is to stabilise our Chennai operations first and then look at expanding to other cities in India," said S N Murthy, president and COO of Intoto Software (India) Private Limited, the Indian subsidiary of Intoto Inc.

By the next year, the 170-people company expects to be 250-strong across its Indian and the US operations.

Declining to divulge Intoto's financials Iyengar said that the company had begun reporting profits from 2003 and would be able to double its revenues this year.

 

 


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Intoto unveils new corporate identity