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BITSian StartUps: Telesto Infotech
Telesto Infotech,
headquartered in Chennai is an information technology startup founded
by BITSian entrepreneurs, Raghavendra Prabhu, Saravana Raj and Najeed
Ahmed Khan, from the 2000 batch. The company focuses on information
management, extraction and retrieval, a critical need in this age of
information explosion.
The emphasis today is to provide a ready platform to extract, share and
disseminate such information at the click of a button. This would in
turn help increase organizational productivity by:
- Minimizing time spent searching
- Avoiding the cost of reworking existing information
- Drastically reducing opportunity costs
Telesto’s
core product is a highly flexible and customizable search solution that
can be instantly deployed to interoperate with existing business
processes and as a result provide seamless integration.
The company also specializes in providing high end search solutions
which can meet the specific requirements of a corporate entity. This
will address the unique needs of a customer and provide an effective
search and information retrieval tool which will address its security
concerns and database integration needs. The company also plans to
rapidly possess support for a cross-platform compatible metadata
standard. This would enable taxonomy/folksonomy features based on
metadata extraction and classification, which will weed out manual
document categorization.
IDC estimates the
market for UDM to be close to $5.4billion and growing at 30 percent,
whereas Ovum (http://www.ovum.com) estimates an $8.8 billion market
growing at 33 percent. Another interesting statistic from IDC is that
the top five hundred companies spend a whopping $31 billion to search
unstructured information. This, coupled with the ever-growing base of
digital documents (unstructured or otherwise) and governmental laws
requiring the persistence of business documents, makes the software
search market a pretty sizable one with emphasis on data security
and accuracy of results.
Within just five months of its inception, Telesto has performed
extremely well and has come out with a product which flaunts user
friendly features and state of the art technology comparable to the
leading market players. This trial version of the product is available
for a Download from the company website.
The administration can be contacted at contact@telesto.co.in for all business purposes.
ABOUT THE ENTREPRENEURS
Raghavendra Prabhu
is the CEO of Telesto Infotech. Prabhu holds a BE (Hons) EEE from BITS.
Known to take calculated risks and spot opportunities of immense value,
he has a whole bag of ideas to implement and execute.
Saravana Raj
holds a dual degree (MSc Biological Sciences and BE Hons Mechanical
Engineering) from BITS. The experience gained at the Centre for
Software Development at BITS has honed his technical skills making him
the technical beacon of the company.
Najeed Ahmed Khan:
Najeed also holds a BE(Hons) EEE. With a profound interest in
entrepreneurship, prior to Telesto, he had started up a venture along
with his batch mates for developing software solutions for online
educational testing.
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