2014 TiE50 Company Profile

  
Company: Sapience Analytics
Location: AVENIR, Purandhare Lane, off JM Road, Shivajinagar, Pune, Maharashtra, India - 411004
Website: http://www.sapience.net
 

Overview:

Sapience Analytics (www.sapience.net) has developed an innovative, patent-pending software product that delivers a 20% increase in organization productivity. This is a game-changer for any company, since it has a direct impact on the bottom line by significantly boosting business outcome.

Sapience is the pioneer and currently the only player globally in the ‘Enterprise Effort Visibility and Analytics’ space. 

Sapience encourages Smart Work for the Smart Enterprise. With more than 58 million work hours analyzed across 80,000+ users, it is playing a vital role in shifting the focus away from ‘time spent in office’ to ‘reasonable work time’ and ‘efficient use of time’ no matter when and where you do your work. This is vital in today’s environment of globally distributed teams and a 24x7 work lifestyle.

Sapience sources work patterns for each user while on the PC, mobile phone or in meetings, with virtually no manual intervention, and provides analytics at every level of the business. It smartly differentiates between work time and personal activities, and provides only work related trends to the business. Sapience customers find that Sapience promotes transparency, enhances employee work-life balance, and enables progressive HR policies such as Work from Home, flexi hours, and more open internet access. 

Sapience ensures transformational value to every stakeholder:

	- CxOs get insights into capacity utilization and efficiency trends across different business dimensions (business units, projects, locations, skills, verticals etc.). They can right-size resource allocation at every level of the business, leading to a lean and efficient enterprise. 
	- Managers see the ‘big picture’ about their team’s effort. They can guide their teams towards optimal effort. Delivery becomes more predictable and more bandwidth becomes available for innovation.
	- For employees, Sapience provides a personal dashboard that is like a ‘mirror’ to their work. This enables them to ensure more time or core activities, reduce distractions, and help attain work-life harmony. 

Sapience is available on all leading platforms, and supports individual users to enterprises with 100,000+ employees. Customers can sign up for Sapience hosted cloud server (SaaS model) or opt for an on-premise server. 

Clientele
In less than 3 years, Sapience has scaled to 60+ installations and 80,000+ users. Our customers include two Fortune Global 200 companies, several billion dollar global ISVs, 4 of India’s Top 10 IT Services companies, another 6 of India’s next 25 IT firms, several BPOs/KPOs, and many SMBs in Engineering Services, Finance, Manufacturing and other sectors. 

Recognition
Sapience has been recognized as one of India’s fastest growing Enterprise Software products by Dun & Bradstreet (Best Emerging SME – 2013), NASSCOM (India’s Top 10 - 2013), IDG Channel World (50 Hot Global Companies - 2013), iSPIRT Intech50 (India`s 50 most innovative products - 2014), Frost & Sullivan (Product Excellence Matrix – 2013), Red Herring (Asia Top 100 technology start-up - 2011), and Economic Times as `India’s Next Gen IT Company` and `14 startups to look forward to in 2014`.
 
Partners
We have a partnership with one of the world`s Top 2 consulting firms for Sapience deployment in their lean management consulting engagements.

Sapience Analytics has signed an agreement with Ingram Micro, the world`s largest technology distributor and a global leader in IT supply-chain, mobile and logistics solutions. 

Both deals are a strong testimonial to Sapience`s value proposition, since these are rare instances for both companies to partner with an emerging Indian enterprise product firm. 

Team
Sapience is founded by four serial entrepreneurs, with a strong product DNA, and 100+ combined years of technical and senior management experience at global software companies. Their previous ventures were in outsourced product development and had successful exits to Symantec Corp. (1999) and Symphony Services Inc. (2004). The management and engineering team includes 9 other experienced software professionals with a background as entrepreneurs and senior executives at global firms. 

Investors and Advisors
Sapience has $1 million in investment from Seed Enterprises and the Indian Angel Network. Our investors and advisors include several of the most recognized names in the Indian industry, including Rajan Anandan, MD of Google India, and Harish Mehta, MD of Onward technologies and former NASSCOM President.

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