After launching Adaptcrm, the
customer relationship management solution for Indian small and
medium businesses needs, Adapt Software India is now focusing on
fortifying its channel base in India.
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However, the company has announced its
intentions that only 30 percent of its sales would be channel driven
while the remaining 70 percent would be done through direct selling
during the first year of its business in India. So far the company
has appointed sales partners in Delhi, Mumbai and Bangalore and is
planning to scale up their head count mostly in states where
manufacturing and retailing units are located.
According to
Ashish Kamotra, CEO, Adapt India, the company is looking for
partners in the western and southern regions, while the northern
region would be initially taken care of by its direct sales force.
The company is looking for partners who possess good understanding
of software and business processes related to it.
"Selling
solution is poles apart from pushing a box item in the market, which
calls for special skills. The company we would consider for
partnership should have good contacts in corporate environment, in
addition to possessing an experienced services squad," he added.
Adapt is looking for value-added resellers in Ahmedabad,
Pune, Kochi, Hyderabad, Ludhiana, Amritsar and Chennai, among
others. It intends to open branch offices in Bangalore, Chennai and
Ahmedabad by the end of 2007. In India, Adapt faces competition from
CRM vendors like Oracle, Talisma, MySap, Sales Logix and Golmine.
On the market share Adapt would like to reap from its India
business, Kamotra said, "CRM adoption in India is still in a very
nascent stage due to numerous inhibiting factors. Hence we are not
eyeing for very big numbers. We are aiming for a modest 5 percent
market share by the year 2007."
According to an IDC survey,
the CRM market in India is projected to grow at a compound annual
growth rate of 40 percent by 2006 while the CRM services market is
expected to grow at a much faster pace and would touch 53 percent
mark.