Inuit© BACKGROUND

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Beginning

Inuit© was first conceived by Mr Sharath Punthambekar during early 2000 and after discussing with his friend of over three decades Mr Narasimhan, who had retired as CEO of RPG Life Sciences, Inuit© was agreed to be designed & developed by Sharath Punthambekar & angel funded by M H Narasimhan.

Mr Sharath gave up his position as Vice President of BBSS an Infosys partner software company & he started development of Inuit© from home. Few of his friends appreciated the concept of giving a cost effective solution to SMEs in India.

When the user profiling was done many SME owners wanted a simple, cost effective and solution on the cloud.

Development

Mr Sharath evaluated all the technology tools & decided to have open source tools for the development to ensure that the end user cost will be at the optimum level. He zeroed in Ruby on Rails as the web frame work. For the database he decided to have PostgreSQL as the backend resource. For the network resources after evaluation it was decided to have Amazon back end.

Many other tools were also evaluated but it was found to have either issue of long learning curve or expensive to maintain.

The final outcome after having decided on this technology stack was matching to most of the expectations of the stake holders.

Launch

Inuit© was launched on November 1, 2013 on the Karnataka Rajyotsava Day. The launch was started by Chief Technology Officer of Inuit Cloud Technologies Pvt. Ltd., Sharath Punthambekar by welcoming their invitees after a brief introduction of the Chief Key Note Speaker Mr Srinivas M Jamkhandi, Director (Dy Secretary), Ministry of MSME, Government of India & followed by a remote launch speech by Inuit CEO Mr Narasimhan M H from Mumbai.

It was very well planned event and the launch was done live with the traditional lighting of the lamp by Mr Srinivas M Jamkhandi, Director (Dy Secretary), Ministry of MSME, Government of India.

Three landmark declarations were made at the launch.

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Maintenance

In order to ensure that before we move to the “Go To Market” phase it was decided that we will put to use Inuit© for about two to three years and after stabilizing all the online issues we will complete the changes required by users and then move to the next phase.

Accordingly Inuit© was further developed to have its own ticket monitoring system which will have inbuilt system to send alerts to development team automatically before the ticket can be raised by the users. This helped a lot for achieving the stability of the application quickly and the turn around time was in most of the issues less than 48 hours.

Inuit© is now fully functional, field tested and ready to go.

Go To Market

Inuit© is now fully ready and regulatory compliant for launching at the country level. Few companies have expressed their desire to partner with Inuit and the talks are progressing well.

Inuit© can target 42.5 Million SMEs in India. The potential and growth options are immense and needs a alliance partner who can think strategically at this scale of operations.

The goal of founding partners was to create a well crafted solution on the cloud which they have achieved!