Transcript Entrepreneurship Spirit in IIITM

Entrepreneurship Spirit
in ABV-IIITM Gwalior
Conceived and
Compiled By:
Mithilesh Kumar
Siddharth Goyal
Rahul Kala
Chandan Kumar Singh
Presented By:
Rahul Kala,
AI and Expert Systems Lab,
ABV-Indian Institute of Information Technology
and Management Gwalior
http://students.iiitm.ac.in/~ipg_200545/
[email protected],
[email protected]
31st December, 2009
Edited: 18th October, 2012
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Entrepreneurship Spirit in
ABV-IIITM Gwalior
Exotic
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
A Few Basics
Entrepreneurship
What?
One of the four mainstream economic factors:
land, labor, capital, and entrepreneurship.
 Derived from 17th-century French entreprendre

Entrepreneurship is the dynamic process of creating
incremental wealth. This wealth created by individuals
who assume the major risks in terms of equity, time,
and/or career commitment of providing value for some
product or service. The product or service itself may or
may not be new or unique but value must somehow be
infused by the entrepreneur by securing and allocating
the necessary skills and resources.
Robert Ronstand
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Characteristics
Self-confident
and optimistic
Able to take
calculated risk
Respond
positively to
challenges
Flexible and
able to adapt
Knowledgeable
of markets
Able to get
along well with
others
Independent
minded
Versatile
knowledge
Energetic and
diligent
Creative, need
to achieve
Dynamic
leader
Responsive to
suggestions
Take initiatives
Resourceful
and
persevering
Perceptive with
foresight
Responsive to
criticism
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Innovation
Creativity
is a
prerequisite
to
Innovation
Creativity
Innovation
• The ability to bring
something new into
existence.
• The ‘ability’, not the ‘activity’,
of bringing something new
into existence.
• The process of doing new
thing.
• The transformation of
creative ideas into useful
applications
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
The Creative Process
Idea Germination
Preparation
Incubation
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Illumination
Verification
Lecture on Entrepreneurship
31st Dec ‘09
Challenges
Attrition Rate of Employees
Marketing
Competition & Monopoly Market
Finance
Production problem
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Entrepreneurship in
ABV-IIITM Gwalior
A Few Examples
eGov Services
• Abhay Panjiyar
• Mohit Vaish,
Parminder Singh
BCube IT Services
Voice Info
Ceon Solution
• Punit Chandra
ADAVANTAL
• Pranjal Prashar and
Mayur Gupta
• Ashish Thakral and
Sandesh Talera
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
And many more…
Lecture on Entrepreneurship
31st Dec ‘09
Some from Current Final Year
Exotic Solutions Pvt. Ltd.
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Entrepreneurship in the Institute
People who knew that entrepreneurship was their
chosen Path. They took the plunge straight after their
MBA [passing out from ABV-IIITM Gwalior] or after
working barely a couple of years. And they persevered
until they made it big!
 These entrepreneurs did not plan to take this path but
when opportunity knocked they seized it. Their stories
go to show that you don't have to be 'born with it', you
can develop an entrepreneurial bent of mind at any age.

Source: Rashmi Bansal, Stay Hungry, Stay
Foolish, CIIE, IIM
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
What makes this
possible
What makes this possible
Integrating
IT with
Management
Open Ended
Curricula
Knowledge
Sharing
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Micro
Initiatives
Lecture on Entrepreneurship
31st Dec ‘09
Integrating IT with Management
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Algorithms
Software
Solutions
Etc.
IT
Management
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•
Business
HR
Finance
Etc.
•
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•
•
Products
Sales
Revenue
Etc.
Entrepreneurship
I2M Approach
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study – I:
Advantal Services
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The main Business area of Advantal Services is to build complex
mobile applications for platforms such as Symbian, Windows Mobile
& the iPhone.
These 2 co-founders had started their Business with just Rs.5,000
in Cash & 2 Laptops. They have started this Business from home
only. Yes, the start up of this Business was Home-Based. Both of
them have shared a flat, of which one room was converted into an
office. Both of them are graduates from The Indian Institute of
Information Technology & Management, Gwalior.
The Company was founded in July-2008, in Gurgaon and that’s the
middle of the recession. And both of the co-founders are claiming
that they have already clocked US $ 50,000 (Rs.25 Lakhs) in
Revenues and a full order book for next 6 months.665
Advantal has recently collaborated with Israel Government
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Integrating IT with Management
•
•
•
•
Modeling
Process
Business
Etc.
Management
IT
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•
Software
Algorithm
Solution
Etc.
•
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•
•
Products
Sales
Revenue
Etc.
Entrepreneurship
M2I Approach
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study – II:
CEON Solutions
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
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CEON Solutions is the brainchild of 3 students from Indian
Institute of Information Technology and Management, Gwalior who
believed in creating everything out of nothing. Mr. Abhay Panjiyar,
who heads the venture, developed an analytical problem solving
software for schools. The software was so innovative that it won 5
national Open software contests at various IITs (Indian Institute of
Technology).
The team went on to win Gold Medal in Anveshan II (IIM-A), a
Nationwide Business Plan contest. The team also won International
recognition and was invited in the final of International Business
Plan contest in USA.
CEON Solutions Pvt. Ltd is supported by CII at IIM-A and CEON is
proud to have its operation from IIM-A campus.
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Open Ended Curricula
Self Study, Internships, Electives,
Free Electives, Projects
The Golden Rule
 Catch a field and master
to fullest extent with
desired subjects and
projects
They are not made…
They emerge out
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study III:
Voice Info
Voice Info started with the work of Mayur
Gupta, Pranjal Parashar, B. Vidya, Bharat Jain
Started as a Btech Project for Speech
Recognition.
 The project won numerous Open Software and
Paper Presentation Contest.
 The team was featured in Times of India.
 This was further developed as Masters thesis.
Voice Info now stands as a new starter
providing Voice Recognition.

Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Knowledge Sharing
Culture to discuss, share and collaborate
 Hub of Diverse Intellectual Capital
 Strong student bonding
 Entrepreneurship is a tradition


Some ‘formal’ platforms
◦ AASF, SF-FOSS, MAD, La-Vista
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study – IV:
Bcube IT Services
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Bcube IT services Pvt. Ltd. is one of the fastest growing BPO,
handling Contact center Management and Customer relationship
management services. Since inception Bcube’s focus has been on
customer deliverance, with right mix of technology the company’s
real strength is in creating innovative ways of handling customer
queries.

Bcube is focused on delivering Contact center solution in call
centers, Customer relationship Management services, database
management and back office support services for Both domestic
and international customers.
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study – V:
RealtyApple
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RealtyApple.com is a leading real estate consulting and marketing
company. From strategic consulting right through to finding
territory for customers, RealtyApple.com straddles the entire
property management space.
As a diverse end-to-end real estate consultancy provider,
RealtyApple.com offers a range of expertise aimed at helping
customers re-design their business space to compete successfully
in an ever-changing marketplace. We have strategic planning and
marketing alliances with over top-notch companies that help us
provide end-to-end services to our customers. Our unique delivery
model allows us to leverage local competencies to offer global
competitiveness to our customers.
Our business processes are thorough. Our team includes in-depth
knowledge driven associates, who believes in providing right
information, at right time, to right people.
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Micro Initiatives
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Industrial Base of Gwalior
Industry oriented learning
Live Case Studies and Projects
Industrial Internships
Emphasis on e-Governance and related courses
HR Meets, Industrial Meets, etc.
Regular interaction with Entrepreneur Alumni
Institute Encouragement to B. Plans
Hosting of Pioneer, Institute B PLan Contest
with e-Cell IIT Bombay
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Technology Innovation and
Incubation Center
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Case Study – VI:
File Tracking System/SORS
File Tracking System was
developed by a set of prefinal year students. The
Software was deployed at
Central Narcotics
Department Gwalior. This
has won award for
excellence by the Govt. of
Madhya Pradesh in the
area of e-Governance
Students Online
Registration System is a
student made software to
automate the Academic
Registration System of
the Institute. The project
was put under pilot run in
the previous semester
and main run in the
current semester.
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Entrepreneurial Accolades
Some Accolades of BPlans
 1st Position in Effervescence’08, IIIT
Allahabad
 1IIrd Position in Effervescence’08, IIIT
Allahabad
 Finalists at Magnum Opus, IT BHU’09
 Numerous BPLans presented at Pioneer,
ABV-IIITM Gwalior
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Facts for a Promising Future
Student Intake has Doubled
 Establishment of Technology Innovation
and Incubation Center
 International and National Collaborations
 Maturing Culture
 And Ever Increasing Motivation

Institute Alumni about to be CEO of a leading
company
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Thank You
Technology Innovation and Incubation Center
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09
Dr. Sid Gautam
"Perseverance is
not a long race, it
is many short
races one after
another."
–Walter Elliott
From: Center for Entrepreneurship,
Methodist
University Website
Technology Innovation and Incubation Center
• Director, Center for Entrepreneurship
Director, Cape Fear Area Consortium of the Small
Business and Technology Center
Professor of Financial Economics
• Ph.D. in Financial Economics
• Joined Methodist University in 1967
• Chairman of the department of Economics and
Business Administration for 20 years.
• Founder director of Center for Entrepreneurship
• Director of the Cape Fear Area Consortium, N.C.
Small Business and Technology Development
Center.
• Associated with numerous organizations of
research and development.
• Published numerous papers and books
• Delivered numerous keynotes at prominent places
• Recently delivered a lecture TiECon Rajasthan
2009
ABV-Indian Institute of Information Technology and Management Gwalior
Lecture on Entrepreneurship
31st Dec ‘09