Tuesday, June 9, 2009

ABM Knowledgeware Ltd - Long Term ( Invest for Minimum 3 to 4 Years )- Multibagger

ABM Knowledgeware Ltd., listed in Bombay Stock Exchange, is one of the few IT companies in India with exclusive focus on E-governance since 1998. Within seven years of its foray into the E-governance space, ABM achieved the distinction of winning the prestigious award of “The Best Technical Organisation in E-Governance” in India adjudged by the Ministry of Information and Communication Technology, Govt of India and IIT Delhi. What makes ABM stand out is its exceptional track record of successful project implementation, sustenance over extended duration and delivering Return-on-Investment for all the Stakeholders. In fact, ABM is one of the few companies in India which possesses IPRs for its various proven and sustained E-gov solutions. This journey of ABM is populated by several Milestones signifying growth of ABM in this very challenging and tough market segment.


Equipped with necessary quality certifications and a large team of competent E-gov professionals, ABM has devised several “Outcome” based E-governance solutions / strategies. These are useful for customers in India and even Commonwealth countries. Providing tangible improvements in service to the two most important stakeholders of E-governance viz. Citizens/Consumers and the Government employees has been the core of our solution strategies. The several prestigious awards, recognitions and accolades won by our Projects, Products and Customers at various forums like IT Industry, State Government, Central Government, International Associations endorse the success of the e-governance expertise cultivated by ABM over past decade. ABM solutions for G2C/G2B/G2G services have been adopted by progressive states and large organisations in India in domains like Citizen Services Delivery, Municipal Corporations, Water and Electricity Distribution companies.


Our recent business focus is on niche domains like providing e-Governance solutions to Municipal Bodies (G2B & G2C); CRM solution for Electricity Distribution Companies (G2C) and Automation of Billing, Accounting and Collection for Water Distribution Authorities (G2B,G2C). Additionally, we have the practice of SAP implementation. We have developed the exclusive skill required for providing Subject Matter Expertise required for SAP implementation in large govt organisations. This practice also includes services for enabling ‘Change Management’ during and after “Go Live” of the SAP implementation. This skill is found to be critical for e-Gov clients for sustaining the investment in e-Gov projects. This skill coupled with ABM’s overall E-gov expertise is unique in the industry.


Some of our strengths that distinguish us from many big or small IT companies operating in Indian market can be summarised as :
• Successful demonstration of Sustenance and Institutionalisation of several large E-Gov projects • Deep understanding of the focus Domains and functioning of Govt in general • Proven strategies/solutions for ensuring sustenance after “Go Live” of any E-Gov project.
ABM has achieved credible success in its niche domains and focus states in India .Encouraged by the increasing focus of Indian states on achieving E-governance and by the positive response to our solutions and strategies ,we have now plans in place to explore the ever increasing market for E-governance in many other Indian States and commonwealth countries .

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