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The Hindustan Times
, Delhi Edition April 21 , 2000 |
US-based Indian firm heralds new dawn of cyber billing
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The Web-based billing business is all set for a new
dawn, thanks to the Indian American-run firm Savera Systems Incorporated.
Inderpal Singh Mumick, 36, who
co-founded the New Jersey-based private firm with Pradeep Chetal
and Ramarao Kanneganti, is confident of carving a niche
in Internet billing along with solving some of the problems that
billing systems face.
“Chetal and I came up with the name. We thought of it as a new
beginning or new day in the billing area. We intend changing the
landscape of billing, the dawn of a new era,” he said. Savera, with
revenues of close to $10 million, has close to 50 employees, many
of them fresh out of Indian Institutes of Technology (IITs).
Savera claims to deliver innovative, 100 per cent Web-based billing
solutions to Internet provision (IP) and telecom industries. It
markets solutions as hosted applications, via an application service
provider or ASP, or as licensed products.
Before Savera, Mumick, who holds a doctorate in computer science
from Stanford and is a graduate of IIT, Delhi, spent a good time in
billing at AT&T Bell Labs as principal technical staff member.
He did pioneering work on the Sunrise research project at Bell Labs
which led to numerous billing initiatives at AT&T and Lucent.
Mumick is known for his work on materialized views technology and
is the author of eight issued patents, more than ten patent pending
applications and some 40 technical papers in leading journals and
conferences. “Billing appears a very simple thing when you get
it in the mail, but in the business field it is a complex issue
and there are some genuine problems. We saw the advent of the Internet
and saw the possibility of solving some of the problems,” Mumick
said.
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The Hindustan Times, Delhi Edition |
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