Octaware Technologies

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Octaware Technologies is a software development company based in Mumbai, India. It was incorporated in 2005. It is India's first company claiming sharia compliance that has been approved for listing on the Bombay Stock Exchange.[1][2][3][4][5] The company operates domestically and internationally with subsidiaries registered in UAE, United States, and India. It has marketing offices in Zimbabwe, Nigeria, Saudi Arabia and Qatar.[2]

Profile and products

The company is SEI-CMMI Level 3, ISO 9001:2008 and rated “SE-2A” High Performance Capability and High Financial Strength by NSIC-CRISIL.[6][7][8][9] Octaware is a member of the Electronics and Software Promotion Council.[10]

Octaware provides specialized software application and product development services and solutions in the areas of healthcare, finance, and e-government industry. The company has proprietary products for domestic as well as international markets, such as PowerERM – Human Capital Relationship Management, Hospice – Healthcare and Citizen services solution, and iOnAsset – Inventory management and tracking System etc. These products are available as packaged products as well as software-as-a-service model integrated with legacy system.[2][11]

People

Aslam Khan is Chairman and Managing Director of the company. Khan is a member of NASSCOM Foundation's Business Responsibility Forum.[12] He is an alumnus of M. H. Saboo Siddik College of Engineering, and worked in Japan and the US before his return to India in 2005.[13]

Awards

Among the awards garnered by the company are the Red Herring Asia Top 100 award 2010; Deloitte Technology Fast 50 award 2011; Most Innovative Company of the Year 2012 in Asia, Australia and New Zealand; Silver Stevie winner; Global IT Architecture Excellence Award in 2013; and Global CSR Excellence and Leadership Award 2014 for "Contribution to Employment for Individuals with Disabilities".[2][14][15]

CSR initiatives

Octaware Technologies has designed material for a training programme at the National Association for the Blind's Employment and Training (NABET) centre, which enables NABET personnel to train those with sight impairment in software testing; it has also provided trainee opportunities to work on professional assignments.[16] CEO Khan is the founder of a school for children with special needs and a multi-speciality hospital in Mumbai. These are based on the social entrepreneurship model.[17] Khan has been invited to speak with students so as to acquaint them with the opportunities available in the software industry in terms of employment and entrepreneurship.[18][19][20][21]

References

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