Abhishek Mukherjee, former MD, Compaq Computer India Pvt. Ltd. and S. Sridhar, former MD Autodesk India Private Limited have announced their coming together as the new promoters and to lead the management team at Magnasoft Consulting, a two year old consulting and software services company in the area of spatial information management. Based out of Bangalore, Abhishek Mukherjee will be the Chairman & CEO and S. Sridhar, the Vice Chairman and MD of the company. Funded by Global Technology Ventures, Magnasoft’s core competency lies in developing domain specific GIS applications across platforms and devices for enterprise-wide integration.
Magnasoft positions itself uniquely, with focus on developing GIS/GPS applications, to make location based information available at any place and over any device. There exists a very large global opportunity (over $20 Bn) for these services, in a wide variety of industries such as Telecom, Power, Logistics, Transportation, Government to name a few. Magnasoft will be developing applications on leading software platforms from Autodesk, ESRI, MapInfo and leaders in device technologies to deliver these applications.
Magnasoft has developed several applications in-house such as the “Eventor”- an online Event Management solution, “VTS”- an online Vehicle Tracking System and Municipal Applications. Some of their customers are Jacksonville Electric Authority – USA, Chambre de Commerce et d’Industrie de Lille Metropole – France, Nexgen Logistix – Pune, A.M. Bin Saedan Real Estate Comp. – Riyadh.