NASSCOM features “FieldEZ” in Product Excellence Matrix

NASSCOM, in its Product Excellence Matrix, has featured FieldEZ Technologies product “FieldEZ” as an “Exemplar” product company, ranked ahead of others on Strategic Excellence and among the top on Operational Excellence. In order to benchmark Indian software products, NASSCOM releases the Matrix in partnership with Frost & Sullivan. The initiative creates a supportive ecosystem and builds a thought leadership community for Indian software product vendors.

Commenting on the recognition, Balasubramanyam Mohan, Founder & CEO, FieldEZ Technologies, said, “We are proud to receive the recognition at such an early stage of our corporate journey. We appreciate the initiative taken by NASSCOM as it motivates young companies like ours to build world-class software products and make a mark on the global map. It also opens up many diverse markets for Indian companies. FieldEZ aims to be a global leader in serving the needs of an increasingly mobile workforce which is expected to be 1.3 billion by 2015.”

FieldEZ had recently raised an undisclosed amount from the leading venture funds IDG Ventures and IVY Cap Ventures. The company plans to utilize the funds to strengthen their penetration in India, United States and South-East Asia.

The Indian software product ecosystem is changing rapidly and has successfully developed a strong value proposition to address growing business needs of global enterprises and monetizing the opportunities with a focused ‘go to market’ approach. Over 65 per cent of the software products were launched post 2012 and have achieved a substantial revenue and customer base, highlighting the strategic excellence and acceptance of Indian software products in the domestic and global markets