27th Oct 1996
Future Software plans to build complete products rather than developing just ‘software building blocks’. The software company intends developing a ‘full systems product’ complete with hardware design as well, like an ATM (assychronous transfer mode) switch or an ATM access provider soon and emerge as a ‘total solutions company’.
Talking to The Economic Times Mr. K.V. Ramani, Chairman and CEO of Future Software Pvt. Ltd., said that his company is engaged in the development of driving engines for the technologies of tomorrow. It works in tandem with original equipment manufacturers (OEMs) throughout the world and produces specific software products or tools on piecemeal basis for these OEMs, which in turn cater to the giant telecommunication companies.
Future Software also develops the entire range of components for systems products companies including protocols for 2 LAN, 1 WAN, frame relays, ISDN and ATMs. It has a 100 per cent subsidiary in US, Future Communication Software established in 1994, which takes care of the marketing and support services for its overseas clients.
The company set up a decade back, initially started with connectivity products. However, with very few distributors and connectivity products requiring high level of product support, it met with half-baked success in the venture.
Mr. Ramani, who is also the vice-president of Nasscom, sensed the pulse of the telecom market in the 1980s which saw the merger of communications with computers, and put his stake in the development of communication-related software products for the end-users.
Future, which has now entrenched itself as a specialist in communication software, has drawn out an elaborate expansion plan, Mr. Ramani said. It would soon be opening offices or subsidiaries in Europe (Germany or United Kingdom) and in the Asia-Pacific region (most probably in Japan, Taiwan or Korea) within the next 1-2 years.