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21.Megabyte Corporation :Banking On Service
Megabyte introduced its own PC named MyMega PC, while its focus on
services and support continued
From a total turnover of about Rs 100 crore in the FY 2005-06,
Bangalore-based Megabyte Corporation has managed to add on another Rs 20 crore
to touch a total turnover of Rs 119.75 crore in the last fiscal. Having
introduced its own assembled brand of PCs named 'MyMega PC', the company focused
its efforts on marketing and promotion of this new brand, while also working for
other vendor brands.
Clocking a 17 percent growth in the last fiscal, the company also increased
its manpower from 40 to 52 people. Service support has been a key feature that
helped the company to strengthen its existing customer base as well as add on
new ones.
Additionally, Megabyte has also managed to grow its retail unit in Bangalore
as well as a branch in Ahmedabad. Already a premier partner for Intel, Megabyte
was chosen as the sub-distributor for Seagate products in Karnataka, an
authorized Sony dealer, and partner for Samsung, Mercury and HP in the state.
The company increased its focus on service, support, and clocked revenue of
Rs 25 lakh from services alone, last year. The key strengths of Megabyte
continued to be in its dealership, with 55 percent of its revenues coming out of
that business.
Like 2005-06, this year also the focus verticals for the company business
continued to be the home, SOHO and education. This year, the retailing business
contributed 15 percent of the total revenue for Megabyte. Government and IT
segment contributed the rest of the earnings. Megabyte built up its total
partner strength to 600 this fiscal.
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Profile
CEO: Mahendra Baid
Start-up year: 1985
Employees: 52
Collaborations: Seagate, Intel, HP, Sony,
Samsung, Mercury
Address: 2/1,O TC Road, SP Road, Bangalore -
560002
Tel: 080-41517999
Website:
www.megacompuworld.com
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HIGHLIGHTS
- Increased focus on service support to
customers
- Added retail unit to dealer business and
increased partner strength to 600
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SILVER CLUB RANK (2005-06): 25 |
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