Hyland talks about the opportunities available in India for data quality and
implementation, as well as the broader community of its partners
What is your go to market strategy for India?
In India, our GTM strategy is centered around the indirect channel model. We
provide thought leadership on the data quality domain and build product in
context with cultural influences within a geography. In India, the partner model
for our product is much more critical because it is about understanding the data
to do a better job at increasing data quality. Instead of hiring outsiders, we
are hiring Indian employees. By creating these partnerships it allows the
configuration or localization of the software to be done by people who
understand the local customs around such things as naming conventions for
individuals or companies, addressing standards if any, mobile phone and e-mail
conventions. Mastersoft Research has a broader community of partners who can add
value to the product and to the successful implementation of the product to
solve real Indian specific business issues.
What are your channel and marketing plans specifically for India?
For the next three to six months, we are taking a hands on role with the
partners. For example, with Melstar Technologies, we are working closely with
them to customize and tailor our marketing messages and artifacts to fit their
methodologies and sales approach. We are also actively working with them on a
number of opportunities to ensure early success for both organizations. We will
continue to expand the partner base and actively and directly support our
partners in their customer opportunities where ever needed. Mastersoft Research
has delivered a number of targeted
events over the past nine months, since the official launch in India in August
last year and will continue to do this going forward. We are also in the process
of launching a new comprehensive website that will allow end customers and
partners to self-feed their information requirements. We will also continue and
broaden our relationships with local analysts to ensure our products have good
visibility.
Are you using cloud or SaaS model? If yes, is there any kind of resistance
that Mastersoft is facing?
Neither. Our software is an enterprise software that works inside enterprise
architecture and integrates with core applications. We can also interface with
cloud or SaaS applications, such as Oracle-on-demand. Our business models,
however, are based on a subscription pay for what you use basis. This is much
more competitive commercial model than traditional software
licensing and lends itself to countries such as India, where organizations are
highly price sensitive.
What are your new solutions or offers in the pipeline?
We have a four-year detailed product road map that takes the product through
expansion into embedding data quality principles and practice into business
process. It also expands into other domains and geographies.
What have been significant highlights for your Indian channel partners
last year?
Our partners are in the early stages of promoting the product, but the
initial traction has been very promising and the issues solved by our Harmony
software are resonating with the decision makers of large Indian organizations.
What is your current channel structure (India alone) and are there any
plans to change the same?
Mastersoft Research has a small, but niche set of systems integration and OEM
partners that target enterprise solutions across the key verticals of BFSI,
government, telecommunication and hospitality industries. We are not looking at
this time to change the structure or profile of our partners. We are, however,
interested in expanding our partner base. We are looking at partners who can
sell, support and build solutions around our Harmony series of data quality
products. In some select cases we are entering into technology partnerships,
whereby the partner can create or influence the creation of the product IP.
Are there any specific improvements or initiatives, which Mastersoft is
planning to tap India IT dealer community?
Mastersoft regularly runs incentive programs with its partners to stimulate
focus and activity. These are usually aligned to topical compelling events
within a vertical or geography.
With respect to Indian market, how are you planning to increase your
revenue?
The increase in revenue will come with penetration into new and growing
market as well as the establishment of many varied partner relationships.
Awareness amongst potential customer base
will drive more and different demands. The demand will again step up as
organizations become more sophisticated in their data quality requirements, Even
today in markets like US and UK, the requirement for comprehensive data quality
does not diminish, but it just gets more complex.
Revathi Raghavan
revathir@cybermedia.co.in