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Company : In4velocity 
Monday, May 27, 2013 10:40AM IST (5:10AM GMT)
 
In4velocity Wins Emerging IT Application of the Year in the Indian Real Estate and Construction Sector at the 2013 Frost & Sullivan India ICT Awards
New Delhi, Delhi, India

In4velocity India was honored as Emerging IT Application of the Year in the Indian real estate and construction sector at the 2013 Frost & Sullivan, India, Information and Communications Technology (ICT) Awards held at Le Meridian, New Delhi, today.

In4velocity witnessed a very successful 2012, where it displayed exemplary performance with high strategic focus on the industry segment and enhanced product features, in line with changing business dynamics in the enterprise applications market in the real estate and construction sector in India. The growth, backed by constant innovation and product differentiation has helped In4velocity create a niche for itself in the market. Consistent focus on high customer satisfaction coupled with multiple strategic initiatives including technology partnerships have enabled In4velocity to grow rapidly in the Indian market and gather strong customer acquisitions, thereby providing significant value in 2012.


Commenting on the awards, Mr. Rahul Chawla, Managing Director & CEO, In4velocity, said, "We are delighted to have been voted as the Emerging IT Application of the Year by Frost & Sullivan. Our hard work and strong commitment to our customers in the Real Estate sector has paid off. This award has validated our position as the Best and Most Awarded Real Estate Software in the history of Real Estate Software in India. "

While presenting the Awards, Benoy C S, Director, ICT Practice, Frost & Sullivan, South Asia and Middle East, stated, "In4velocity has demonstrated remarkable performance in the Indian market through its focused approach and domain-expertise-driven value proposition to the real estate and construction vertical. High level of customer centricity has resulted in remarkable growth and market penetration."

The Award contenders were judged on a variety of parameters like Revenue Growth, Market Share Growth, Key Achievements, and Go-to-Market strategy, which involved in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts. An elite panel of jury members comprising some of the most prominent CIOs/CTOs from the industry evaluated the compiled data and incorporated the end-user perspective. Frost & Sullivan then presented the Awards to companies that received the number one industry rank in each category.

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About In4velocity

In4velocity Systems is India's #1 Real Estate and Construction management Software Company, with over 250+ customers across India and the Middle East. In4Suite®, In4velocity's leading product platform, is a web-based ERP that is leveraged by over 20,000+ users on a daily basis to manage their day-to-day activities. The product platform integrates all key business processes for a Real Estate company, across all its departments, providing a process based approach to construction and marketing. The management teams across departments are provided with a 360-degree real-time Dashboard view of their information, as well as alerts via SMS and e-mails are triggered to ensure projects are kept on schedule and within budget.

In4velocity Systems is the only software company to get "CREDAI's seal of approval" and be selected as a CREDAI PREFERRED PARTNER for three years in a row. In a short span of time, it has earned several industry accolades for its innovate software platform including "Best Product Startup", by Silicon India, 2009, "Red Herring Top 100 Winner", 2011, Asia & "NASSCOM Top 50 Emerging Companies", 2011, Top 10 Real Estate Products of the Year, 2012 – Silicon India, amongst others.

To view the photograph, please click on the link given below:

Team In4velocity Receiving Award

 
For News Release background on In4velocity click here
 
Media Contact Details
Ajay Kumar, Corporate Communications – India, In4velocity, +91 9036038444, +91 (80) 33434000, ajay@In4velocity.com
Nimisha Iyer, Corporate Communications – South Asia, Middle East and North Africa, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
Priya George, Corporate Communications – South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814456, priyag@frost.com
Ravinder Kaur, Corporate Communications – South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814080, ravinder.kaur@frost.com
 
 
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Team In4velocity Receiving Award