We have around 20 dedicated people who are focusing in this business. And we have made substantial investment in developing this software.
Yuji Nakata
MD
Konica Minolta India
Konica Minolta launched Educo ERP, is it a global launch or india specific launch?
This is an India specific programme but Konica Minolta globally is positioning as a solution provider and customer-centric company. In India, education vertical is growing fast and therefore we have launched this vertical specific solution (ERP solution).
Have you identified any institute or you are going all across?
Educo ERP addresses the entire vertical market starting from the small school to the very high-end institutes.
What kind of investment has gone into developing this solution?
We have around 20 dedicated people who are focusing in this business. And we have made substantial investment in developing this software.
Is it available across the geographies in India or you have chosen some cities now?
Yes of course we have chosen some cities now but surely we will go all across in phases. At the first phase we have chosen all metro cities and tier-1 cities and later on we will go deep into other cities as well? We will continue to develop different modules to address the growing requirements of the education institutes.
Whether this has been developed in India?
Of course this has been developed in India. For this software we have taken the support of our development centre of Bangalore and taken help from our partner in Chennai.
Which other verticals would you target next?
May be healthcare and finance! However, education vertical is the first priority at the moment.
How much of revenue growth are you expecting from this initiative?
Revenue is an aspect that we will certainly look at but at the moment we are looking at the growth of the number of customers.
What is the roadmap of the product?
Our roadmap is how to develop more functionality around this product.
