Happy 8th Anniversary to Us!

This month marks the 8th year Foradian has been in business. We are delighted to have worked with all the lovely schools and institutions over the years in helping them succeed and provide better education all over the world. We look forward to many more years of service and innovation in the education technology space.
 
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Foradian wins Deloitte Technology Fast50 India once again.

 
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Foradian has been listed in Deloitte Technology Fast50 India once again. Keeping up with our growth story, we have once again achieved a place in the list of top 50 fastest growing technology companies in India. Deloitte recognises, honours, and encourages organizations with remarkable revenue growth rates in last three years. In the 11th edition of this award, Foradian is ranked 28th with a growth rate of 189%.
 
Deloitte Fast50 2015 recognised high growth rates, however there was a special mention for the consistent players. 31 winners of this year have been past winners with:
 

  • 1 winner who has been ranked consistently since 2009
  • 2 winners who have ranked 4 times each, consistently since 2012
  • 2 other winners who have ranked 4 times each over the span of the program.
  • Whilst 7 winners have ranked 3 times each consistently since 2013, 3 others have ranked 3 times each over the span of the program
  • 16 winners have ranked 2 times each, most of them in 2014 and 2015

 
While high growth rates are a proof of great efforts and hard work, sustaining this growth with consistence is a sign of greater dedication and a thrive for better results.
 
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The winners from the list comprises of 50 public and private companies from areas of media, technology and telecommunications, who have witnessed the highest rates of revenue growth in the last three years.
 
The Technology Fast 50 India was initiated in the year 2005 in line with similar programs in other countries like the Deloitte Technology Fast 500, established in countries like Africa, North America, Asia, Europe and Middle East. The Indian chapter of the award is currently in its 11th year and is considered to be one of the most acclaimed award and recognition by technology companies in the country.
 
Other names in the Deloitte Technology Fast 50 India 2015 Awards include F1 Info Solutions & Services, VMukti Solutions, GreyCampus Edutech, Zomato and Ozonetel Systems.
 

Foradian Technologies wins IT Innovation Award at Express I.T Awards 2014

itawards-mForadian Technologies has bagged the Express I.T Awards 2014, based on the evaluation criterion design by PwC, Knowledge Support of the Express I.T Award. The awards was received  in the  IT Innovation Award – MSME category, on December 5, 2014 at Marriott Hotel, Whitefield, Bengaluru.

 

The Express I.T Awards, an initiative of The Financial Express in its 2nd edition looked forward to honour IT initiatives that have helped businesses go beyond the ordinary, benefiting the overall community. The IT Innovation Award category felicitated IT companies that have come up with innovative IT  products or solutions meeting business requirements along with enough market potential demonstrated by the product.

 

The panel of jury comprised of renowned innovators including Rajan Anandan, VP and MD, Google India; Som Mittal, former President, NASSCOM; Professor Sadagopan, Director, IIIT-Bangalore; T.V. Mohandas Pai, Chairman of Manipal Global Education and R Chandrasekhar, President, NASSCOM.

 

ExpressITVishwajith A, Co-Founder & Director; Abdul Salam, Co-Founder & Director and Ismathullah Aman, Tech Lead received the award on behalf of Foradian Technologies.

 

Other winners in the league include Cisco, SAP Labs India, TCS, One97 Communications (Paytm), Adobe, Oracle and Zoho Corp to name a few. In addition, there were two special awards- I.T Lifetime Achievement of the Year went to S. Ramadorai, former Vice-Chairman of Tata Consultancy Services and the I.T Newsmaker of the Year that went to Francisco D’Souza, Chief Executive Officer, Cognizant.

Foradian Recognized 15th Fastest Growing and the only ERP Company in Deloitte Technology Fast 50 India List

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Foradian Technologies, the company behind Fedena is elated to announce it has been ranked 15th in the Deloitte Technology Fast 50 India 2014 Awards. The award, standing in its 10th edition, identifies and honour fastest growing companies in India on the basis of their percentage revenue growth in the last three years. And Foradian Technologies, with a CAGR of 323% during this period, made it to the list and has been placed 15th in the list.

 

The winners from the list comprises of 50 public and private companies from areas of media, technology and telecommunications, who have witnessed the highest rates of revenue growth in the last three years. In the words of Abdul Salam, CFO, Foradian Technologies, “It is a matter of pride for us at Foradian to be part of Deloitte Technology Fast 50 rankings and a testament to our remarkable growth to be ranked amongst top 20 in our first ever ranking. At Foradian we believe in the value that our product delivers to educational institutions. We have updated our product to empower our clients with more scalable and productive ERP solutions.”

 

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The Technology Fast 50 India was initiated in the year 2005 in line with similar programs in other countries like the Deloitte Technology Fast 500, established in countries like Africa, North America, Asia, Europe and Middle East. The Indian chapter of the award is currently in its 10th year and is considered to be one of the most acclaimed award and recognition by technology companies in the country.

 

Other names in the Deloitte Technology Fast 50 India 2014 Awards include Vizury Interactive Solution, Tech Mahindra,  Simplilearn, Zomato Media Pvt Ltd, Happiest minds Technologies, Edurekha and Think and Learn. Foradian Technologies is the only company with an ERP solution in the education sector to make it to the Tech Fast 50 list!

Interview with Indira Group of Institutes – New Customer of Fedena

Established in the year 1994, Shree Chanakya Education Society (SCES) is dedicated to ignite the entrepreneurial abilities in the youth of the country. They have come a long way, gave birth to Indira Group of Institutes(IGI) that fueled their dream to create big business leaders out of the young generation of India. IGI shares their story with Foradian, read on:


Q. Our readers may not know about Indira Group of Institutes. Can you please share some information that will introduce your organization to them?

IGI: Shree Chanakya Education Society (SCES) was established in February 1994, under the visionary leadership of Dr. Tarita Shankar, with the aim of providing top quality postgraduate education in the fields of Business Management, International Business and Information Technology. By consistently providing quality education over the past few decades, institutes at Indira Group are now considered as one of the best institutes in Pune. At a time when India was struggling to put its economy back on its feet, after the nation having pawned the “family jewels” just to keep afloat, Dr. Tarita Shankar sensed that education too would have to become more broad based and more vocational in nature if India was to stand up to the world competition in quality and price for its products, The then Finance Minister had prescribed for the economy and so, in 1994, began a saga of growth and quality in education; a story that is just reaching its zenith with 14 fully fledged institutes registering a strong presence on Pune’s educational horizon. Since inception, the institutes managed by SCES, have maintained high academic standards and have successfully provided trained manpower to the industrial and services sector of the country. These institutes are now listed amongst the top colleges not just in Pune, but also in Maharashtra and India. With a modest strength of 60 students pursuing a single course, SCES has grown steadily and today boasts of 14 Institutes, having more than 8000 students from all over India pursuing multi-disciplinary, graduate & postgraduate programs. The objective of the institute is to provide ‘Management education in a corporate environment’, has been possible due to the sincere and dedicated efforts of the members of SCES, who have invaluable experience in varied areas like academics, industry, service and social-world.

Q. It seems that you focus a lot on education that is ‘vocational in nature’. Why do you think such education is important for this new generation?

IGI: The post globalization era in India has resulted in fast pace development activities, shaping mighty economic developments. Infrastructure developments are meeting the industrial needs and making India a promising destination. This has created a need for professionals with expertise in multiple disciplines to spearhead the growth momentum. Engineering is an instrumental branch that will define the future course of these lofty development plans.

At Indira Group of Institutes, we are committed to nurture the required expertise under one roof by creating competent and motivated technocrats and managers of tomorrow, who will use their technical knowledge and managerial qualities to confidently and successfully lead the organization.

Q. How has the journey been for Indira Group of Institutes so far?

IGI: Shree Chanakya Education Society (SCES), Pune, was established in 1994, with the explicit vision to provide sustainable impetus to the corporate and entrepreneurial abilities in the youth.

The realization that a robust framework of education is indispensable for the growth of global leaders, the visionary, Dr. Tarita Shankar, Chairperson, Indira Group, integrated her pursuit of excellence and articulated educational institutions, known as Indira Group of Institutes (IGI), which imbibe human excellence and demonstrate strong social values, with a single minded pursuit of developing the youth to become business leaders.

Unrelenting initiatives by the management team at Indira led to adding of multi-disciplines such as Management, Information Technology, Pharmacy, Commerce, Science, Engineering and Mass Communication to the group. And growth has been as deep as it has been wide. With 14 institutions, IGI now offers education right from Kindergarten to Doctorate level studies.
    
Having traversed the journey of nineteen years we have ourselves made certain significant achievements which, we are aware, are but the building blocks for achieving further heights.

  • Indira is ranked amongst the top 2 B-schools in Pune, by the prestigious AIMA – IMJ.

  • The same journal gave us a top 30, all India ranking on the parameters of Industry interface.

  • Our students have shown good academic results and have been at the level of university ranking.

  • The achievements of our students have enabled them to attract some of the best corporate recruiters.

  • Indira Group of Institutes and our goodwill has enabled us to establish campus agreement with Microsoft for using different software.

  • Our goodwill with Microsoft was further accentuated with Microsoft conducting workshops at Indira, for train the trainer modules.

  • Business India has also ranked us amongst the top 3 in Pune for last 2 yrs.

  • Our Institutes have received accreditation from various certifying bodies.

Indira Institute of Management was the first management institute in Maharashtra to receive the accreditation from the NBA, New Delhi.

Q. What are your future endeavors?

IGI: Welcome to the 2nd decade of the 21st Century!!! The world’s emergence from recession, even though slow and fragmented, is accepted by all. Every economic crisis in history has brought about breakthroughs in industries, science and technology. The recent crisis has stimulated thoughts and inspired the international community to make new explorations regarding development models. Growth and integration of a global, increasingly free market economy has raised standard of competition in all sectors providing goods and services. On the other hand management professionals from India are in good demand in international market. Private sector today offers rapid advancement to result-oriented professionals. The daunting complexity of the challenges that confront us would be overwhelming if we were to depend only on existing knowledge, traditional resources and conventional approaches.

In order to win in today’s fiercely competitive business environment, they will have to excel at short-term execution of their business objectives, while pursuing long-term visions that create new paradigms. 

At the Indira Group of Institutes, we have picked up the gauntlet thrown down by the demands of the existing business environment. Our motto at Indira is the pursuit of excellence, a fact that is evident from our infrastructure and the quality of individual candidates – the Indraites. At the core of our philosophy lies the conviction that we must become ambidextrous, and this dynamism is translated in to the knowledge provided to our students.

Like the ancient Chinese strategist Sun Tzu says “Rules of war never change – only weapons change”, our tomorrow’s corporate warriors will fight for market share and market domination by converting previous knowledge and experience into today’s competencies required for best possible strategies. Here we are committed to supply a growing stream of well-grounded and ethically responsible professional practitioners and leaders in every field of public life and endeavor.

IGI believes in the economic independence of individuals. In this endeavor we aim to inspire our postgraduate students to create a niche for themselves in the Indian Economic order first, and then compete globally. We owe our gratitude to the Indian Industry for consistently collaborating with us in this endeavor. Renowned industrialists have visited us and tremendously enhanced the morale of our students by sharing their vast knowledge and experience about entrepreneurial opportunities and foster a spirit of entrepreneurship amongst students.

Q:What do you think the face of education in India will be in the coming years?

IGI: Over the past decade, companies across almost all industries in India have been changed by competition both within the country and outside. India is no longer isolated from the economic mainstream. The patterns that are emerging in business worldwide are bound to be repeated here. Our markets have shown signs of recovery and the mood has been upbeat. The Indian Economy, hitherto seen as a slow moving elephant has awakened to find its potential. But we cannot rest on our laurels. Our efforts will have to double up, particularly when there exists an increasing possibility of winnings from global competition. For Indian business, this involves a change of strategy, structure, culture, compensation and everything from sparking innovation to streamlining internal processes. The solution to the conundrum of organizational complexities will have to be provided by our future managers.

Private sector today offers rapid advancement to result-oriented professionals. The daunting complexity of the challenges that confront us would be overwhelming if we were to depend only on existing knowledge, traditional resources and conventional approaches. Chanakya, (famous Indian politician, strategist and writer, 350 BC-275 BC) says: “As soon as the fear approaches near, attack and destroy it.” – This philosophy is enshrined in the soul of Indira Group and enlivened by our lifeblood i.e. faculty and students. We have identified this paradigm shift of managing today’s business and therefore always strive to instill the ability of speedy decision making in resources deployed, managing diversity, searching right direction of knowledge management for the people, and finally social responsibility awareness in our students.

Education must empower us to enhance human progress and we must vow that we shall not see it governed by a hostile flag of conquest, but by a banner of freedom and peace. We need to vow that we shall not see space filled with weapons of mass destruction, but with instruments of knowledge and understanding. Only then the growth of our science and education will be enriched by new knowledge of our universe and environment, by new techniques of learning and mapping, by new tools and computers for industry, medicine, the home as well as the school. Technical institutions will be worth their while only if they inculcate new hopes for knowledge and peace. The world is very different now. For man holds in his mortal hands the power to abolish all forms of human poverty and at the same time all forms of human life. And yet the same revolutionary beliefs for which our forebears fought are still an issue around the globe; the belief that the rights of man come from being truly liberalized from all forms of tyranny and the ability to set sail in a voyage that allows complete liberty for growth and prosperity for all humanity.

At Indira, we create a movement to convert the hopes and aspirations of the youth, into commitments for purpose and performance. Our confidence in the learning abilities of the youth has led to a judicious mix of knowledge sharing, for holistic developments of the students into good human beings.

Foradian join Hands with Yuva Parivartan in their Efforts for a Better Society and a Nation


Fedena, the award winning school ERP software solution assists Yuva Parivartan, an inspired movement that has become an uproar to bring about a positive change in the society and create a better nation. As Yuva Parivartan believes, this change can only be done when the deprived youth population of the country is given a chance to create a bright future for themselves and thus, become an asset to the society and nation. Today, Yuva Parivartan shares their experiences of the journey so far, that had not been an easy part to cover for them.

Q: Tell us about Yuva Parivartan.
 
YP: Yuva Parivartan is an 85 year old NGO which works in the area of livelihoods focusing on school dropouts. Over 80% of the youth in India do not complete their schooling and we provide them training in vocational and other skills, and place them i.e jobs or connect them with other livelihood opportunities, so as to bring them into the economic mainstream. In this way, we bring about a transformation in the lives of these youth and their families. We are today the largest NGO in this space, having touched 1,00,000 lives last year.


Q: You must have for sure, faced a lot of difficulties to convince underprivileged children from poor families for take up training or further education. Can you talk a little on that?

YP: It is always a challenge to mobilize youth. They are frequently de-motivated, directionless and with aspirations that are not realistic. Since they come from difficult backgrounds, they often have problems which are further compounded by lack of good role models. This means that our staff members have to work extra hard to convince and motivate them to join the courses. All the staff members go into the community and engage with the youth and their parents to bring a change into their lives. I am grateful to Foradian, for helping us with offering their Fedena application which is internet based, where our staff would now devote less time in maintaining data manually, and can use this application anytime and wherever they are based. With this application, our limited staff can provide training to the underprivileged in the remotest areas through collaboration option, thereby reducing their travel time and allowing the underprivileged to get specialized within their areas.

 

Q:Since you are a non-profit organization, you must have faced issues with pricing and licensing when you wanted an erp software solution. How have Fedena helped you in this.

YP: As we are an NGO, we were looking for an application that would suit our needs and at the same time would be affordable to us. Thanks to Unni, who advised us that the Saas Model would be very expensive, and suggested that we go for on-premise model, without looking at maximizing his profit.  With his help and understanding, we now have the application hosted on our server which would help us in a long way, and the application would well be in our control. Unni also provided us with unlimited schools license as well as unlimited users license hence completely eliminating our growth cost impact.

Q:You offer vocational courses unlike other colleges. How difficult was it for you to look for the right erp software for your organization since most ERPs are ideal for regular courses.

YP: Our courses are short term which is for a duration of 3 months and for different trades. Thanks to Foradian who understood our need, helped in customization and designed an application that has suited our purpose. Also, we have undertaken some workarounds in our business operations to ensure a maximum usage of the system to cater to our needs. However, saying that the core operations of students admissions, course definition, fees collections, examinations and reports generation remains common across any form of formal education hence, Fedena fit our requirements.

Q: How has Fedena and Foradian been a help to you in your effort to work for the society.

YP: We are greatly thankful to Foradian for understanding us, supporting us throughout our journey and designing an application that is simple and easy to understand. Moreover, we needed an application that would cater to the needs of all our centers, an application that could be accessed anywhere in the world. Earlier our staff used to spend a lot of time and effort in maintaining the records manually. Now with this application we would be able to track and maintain the training records across all our centers, thereby giving us transparency and increasing efficiency of all our staff. This will in a long run help us to reduce manual work and track records on-time with timely reports delivered as and when required.  This also will help our field staff to focus more on their field activities rather than spending productive time in maintaining records for reporting purpose.

Foradian is proud to be associated with an organisation like Yuva Parivartan who is working hard for the upliftment of the society, for a better tomorrow for those who never had the chance to carve out a life worth living.

Yuva Parivartan case study

 

Recent articles about Fedena and Foradian

Foradian Technologies: Impacting Education with Open Source Technology
Education is the space where open source technology can have maximum impact. Foradian Technologies is one such startup that is building open source web applications to revolutionize the global education market.


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Foradian Tech targets Africa for school management software
The Mangalore-based Foradian Technologies Pvt Ltd, which is into the production of open source school management software called ‘Fedena’, is targeting the education sector in African countries for its growth.
http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2900013.ece
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Foradian Technologies’ open source software soon in 50-plus languages
After implementing open source school management software in 15,000 schools under the Kerala Government’s Sampoorna school management system project, the Mangalore-based Foradian Technologies Pvt Ltd is looking at India and overseas for growth.
http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2848112.ece