Internship Report On BASE Technologies
Internship Report On BASE Technologies
1. Chapter One: Introduction .................................................................................................................... 3 1.1 Introduction to the Report.................................................................................................................. 3 1.2 ORIGIN OF THE REPORT ...................................................................................................................... 4 1.3 OBJECTIVE OF THE REPORT ................................................................................................................. 4 1.4 SCOPE OF THE REPORT ....................................................................................................................... 5 2. Chapter Two: Overview of IT Industry ...................................................................................................... 6 2.1 Statistics & facts .................................................................................................................................. 6 2.2 Classified IT Industry ........................................................................................................................... 7 2.2.1 Budget: ......................................................................................................................................... 7 2.2.2 Infrastructure: .............................................................................................................................. 8 2.2.3 PC Market..................................................................................................................................... 9 2.2.4 Software & Outsourcing:.............................................................................................................. 9 2.2.5 3G and Telco: ............................................................................................................................. 10 2.2.6 VoIP: ........................................................................................................................................... 11 2.2.7 M-finance ................................................................................................................................... 12 2.2. 8 E-commerce: ............................................................................................................................. 13 2.2.9 Expo & Exhibition: ...................................................................................................................... 13 2.2.10 International Achievements & local addressing: ..................................................................... 13 3. Chapter Three: Overview of the Company: ............................................................................................ 14 3.1 Introduction ...................................................................................................................................... 14 3.2 MISSION ............................................................................................................................................ 15 3.3 VISION ............................................................................................................................................... 15 3.4 VALUES .............................................................................................................................................. 15 3.5 Corporate History.............................................................................................................................. 16 3.6 Organogram: ..................................................................................................................................... 17 3.7 Industry Focus: .................................................................................................................................. 17 3.7.1 TELECOM .................................................................................................................................... 17 3.7.2 BFSI ............................................................................................................................................. 18
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3.7.3 Government and Defense: ......................................................................................................... 18 3.7.4 SMB: ........................................................................................................................................... 18 3.7.5 Enterprise: .................................................................................................................................. 18 3.8 Service Focus: ................................................................................................................................ 18 3.8.1 Business Process Automation .................................................................................................... 18 3.8.2 Maintenance Services ................................................................................................................ 19 3.8.3 Business Process Outsourcing.................................................................................................... 19 3.8.4 Training & Support ..................................................................................................................... 20 3.9 Alliances: ........................................................................................................................................... 20 3.10 Clients: ............................................................................................................................................ 21 3.11 Solutions: ........................................................................................................................................ 22 3.11.1 Networking............................................................................................................................... 22 3.11.2 Data Centre & Virtualization .................................................................................................... 23 3.11.3 Storage ..................................................................................................................................... 24 3.11.4 Platform ................................................................................................................................... 24 3.11.5 Contact Centre ......................................................................................................................... 25 3.11.6 Unified Communication ........................................................................................................... 25 3.11.7 IP Surveillance .......................................................................................................................... 25 3.11.8 Battery...................................................................................................................................... 25 3.11.9 Rectifier .................................................................................................................................... 26 3.11.10 UPS (Uninterruptible power supply) ...................................................................................... 26 3.11.11 IVS (intelligent Ventilation System) ....................................................................................... 26 3.11.12 Billing Solution ....................................................................................................................... 27 4. Chapter Four: .......................................................................................................................................... 27 4.1 METHODOLOGY ................................................................................................................................ 27 4.2 Selection of the topic: ....................................................................................................................... 28 4.3 Sources of Information ..................................................................................................................... 28 Primary Sources: ................................................................................................................................. 28 Secondary Sources: ............................................................................................................................. 28 Internal sources- ................................................................................................................................. 28 External source- .................................................................................................................................. 28
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4.4 Findings: ............................................................................................................................................ 28 Role of Business Development Department: ...................................................................................... 29 Thinking of new ideas ......................................................................................................................... 29 Gather capital...................................................................................................................................... 29 Managing relationships....................................................................................................................... 29 Building joint ventures ........................................................................................................................ 29 Fulfilling commitments ....................................................................................................................... 29 4.5 My Contribution towards the Organization. ..................................................................................... 30 4.6 Acquired skills ................................................................................................................................... 30 4.7 My Recommendations for improvements: ....................................................................................... 30
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connection providers. Presently there are six companies in the market. Each of them is trying to maintain and increase their market share. Among them Robi Axiata Limited is one of the leading companies in this sector.
This report is the result of three months long internship program conducted in BASE Technologies Ltd. and is prepared as a requirement for the completion of the BBA program of The University of Asia Pacific. As a result I need to submit this report based on the Role of Business Development Department in BASE Technologies Ltd.. This report also includes information on the products and services of BASE Technologies LTd., the overview of the organization and the Industry.
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Specific Objective
General Objective: This internship report is prepared primarily to fulfill the Bachelor of Business Administration (B.B.A) degree requirement under the Department of Business Administration, of The University of Asia Pacific. Specific Objective: More specifically, this study entails the following aspects: To provide an over view of what I learned from the practical experience To provide an overall idea of my activities in the internship period in the organization. To express my recommendations for improvement of the business or work process.
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Technology Report: Living in a Hyper connected World, prepared by the World Economic Forum (WEF).The report explores the causes and consequences of living in an environment where the internet is accessible and immediate; people and businesses can communicate instantly; and machines are interconnected, creating opportunities and at the same time new challenges.
2.2.1 Budget:
Our governments vision of a Digital Bangladesh is not reflected in the proposed budget, as there is no specific focus on the information technology sector specially remain the continuation of 15% value added tax on internet use and e-commerce transactions. The government framed the policy in 2009 after coming to power but it never tried to fulfill its pledges through proper budget allocation. The government has proposed to reduce supplementary duty (SD) on digital camera, web camera, server rack, SIM card and optical fiber significantly in the fiscal year 2013-14 in order to fulfill its vision of making a Digital Bangladesh. The government took some measures for the next year by proposing reduction of tax from gadget that is essential for boosting the ICT sector.
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The Government proposed to reduce the customs duty on digital cameras and web camera to 10 percent from existing 25 percent. CD on Server Rack is proposed to be reduced to 10 percent from 25 present per cent considering the present duty and tax incidence as high on server rack that need for the expansion of ICT. SIM (subscriber identification module) card is so important for expansion of telephone sector, 30 percent SD is being proposed to be reduced to 20 percent. To ensure smooth supply of quality optical fiber to the users at cheaper price, it is proposed to reduce its import duty from 12 percent (proposed 10 percent) to 5 percent and that of its identified raw materials to 0 percent as well from existing 25 percent and 12 percent customs duty. It is important to increase infrastructure support from than tax exemption. There was a demand from the IT industry for withdrawing the current 15 percent VAT applicable to internet use. It would increase usage, but the government did not consider it.
2.2.2 Infrastructure:
Political commitment of the government to build an ICT-based society is good, but still there are deficiencies in the regulatory framework and infrastructure development to implement the vision of a Digital Bangladesh Though Bangladesh is among the low-profile countries in the overall ranking, its position is in top in some cases. Mobile tariff in Bangladesh is one of the lowest in the world, and the country stands second followed by Hong Kong. But Bangladesh has not yet introduced mobile broadband and the countrys internet penetration is poor which affects its overall ICT performances Software manufacturers and exporters expressed concern about the governments decision to turn Janata Tower into the ICT ministry office instead of making the multi-storey building a software technology park. The ICT ministry is trying not only to shift its own office from the secretariat to this building, but also to rent different floors of the building to different government and private offices. We seek the prime ministers intervention in the matter, so that the government establishes the software park in Janata Tower and does not shift the ICT ministry office to the building. Such type of decision many local and foreign software companies
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will feel discouraged if the government cancels the allocation of the tower to the association. Those was the story about Janata Tower in 2012 what is still in same position no development has been done yet. The government has established Union Information Centres in more than 4000 unions with a view to introducing e-Governance by 2014. Task of establishing 24,000 web portals at districts, Upazila, and union levels is at the final stage of completion. Industry urged to give special emphasis on how to reach internet services to the commoners at cheaper rate. Citing weaknesses in access to internet, the BASIS and Bangladesh Computer Samity (BCS) could play an important role in overcoming these weaknesses as well as to develop necessary human resources in this sector.
2.2.3 PC Market
The tablet is eating into the personal computer (PC) and laptop market pie as the growth of PC market wasnt so impressive like 2011 and 12 . The overall IT hardware industry scenario seems to be on a conservative side with most of the markets posting either a muted growth or decline. The year 2012-13 has been the year for notebook and tablet PC with consumers preferring tablet over PC as their replacement. Netbook sales has decline. The combination of basic functioning of a PC coupled with affordability is turning the tide favourably towards tablet PC. The industry is hopeful that the overall PC sales specially tab and laptop for 2013-14 will increase along with the widescreen smart phones.. other hardware product market was also decline from the 3rd quarter of the year 2013 and the last quarter was worst in terms of sale.
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year, the earning was USD 70.6 million, while it was USD 46.35 million in the 2010-11 fiscal year, referring to the latest available data of the Export Promotion Bureau (EPB). The earning from the world market could be multiplied by at least USD 2 billion with a little back-up from the public and private partnership ventures. The ventures can establish systematic IT outsourcing facilities and projects, available from major buyers of the US through the Internet, to facilitate the growing numbers of IT professionals in Bangladesh. According to BASIS officials, at present there are more than 500 software companies in the country. Of these, about 178 are doing outsourcing jobs In addition, about 1,50,000 IT professionals graduate each year in India, compared to a meagre 24,000 in Bangladesh. The dynamic and highly ambitious youth of this country is playing a significant role in developing ICT sector of Bangladesh. So the growth of ICT sector of Bangladesh will be increasing remarkably and more global recognitions will be achieved like Gartners ranking as one of the top 30 IT outsourcing countries. The countrys ICT export exceeded 100 million US dollars in the last fiscal year and BASIS is now working with 1 billion US dollars. Software leaders hoped that this industry will contribute 1 precent of GDP in coming years. Apps development also was most talked and inspiring among the youth. The mobile app development sector will grow phenomenally, as more subscribers will be downloading and using the apps on their phones, The government took sort of initiative to encourage and trained the youth in apps development and outsourcing.
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The state-owned cell phone operator, Teletalk, has launched the much awaited 3G or Third Generation phone service in the country on October 2013. People, at divisional headquarters got the service at December and the coverage would be expanded across the country in phases. Teletalks existing subscribers are getting preference and it has already sought applications from them. State-run mobile operator Teletalk Bangladesh limited launched countrywide 3G services using UMTS with HSDPA facilities. The rest GSM operators GrameenPhone, Banglalink, Robi and Airtel also obtained 3G licenses. Grameenphone has also is launched the 3G service in end quarter of the year. Grameenphone has a plan to launch 4G LTE services first time in Bangladesh using TD-LTE technology. In this connection Grameenphone brought 10 MHz spectrum at 3G auction by BTRC. The target of connecting Bangladesh with the second sub-marine cable has made significant headway . Indian telecom giants TATA and Reliance have shown their interest to get licenses for 3G operations in Bangladesh. Two other operators, Qubee and Banglalion, currently offer 4G Wimax data services in Bangladesh. CityCell operates a nationwide third-generation CDMA2000 network. The 3G mobile service is a fully wireless broadband, which is technically called High-Speed Packet Access (HSPA), and it can be enjoyed through 3G- enabled handsets, smartphones and modems. The divisional cities are the initial targets of the 3G launch since about 10 lakh 3Genabled cell phone users are based there.
2.2.6 VoIP:
Bangladesh Telecommunication Regulatory Commission issued licences for handling international calls through VoIP in the early part of the year. Voice over Internet Protocol is a set of facilities for managing the delivery of voice information using the internet. The licence policy has almost been finalised and BTRC is now giving it a final scrutiny. The government loses Tk 50 million in revenue every day due to illegal VoIP, according to BRTC. The financial sector
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made remarkable progress in adopting electronic forms of payments instead of traditional paper-based ones in the just concluded year.
2.2.7 M-finance
After The significant use of debit card, credit card, automated teller machine (ATM), internet banking, mobile banking, automated cheque processing and credit information system in 2011 the online banking was the latest in 2012 and mobile banking in 2013. M -finance increased significantly in 2013.Government has introduced e-Payment and mobile banking to make delivery of services easy and transparent. Besides, we have taken steps to launch electronic money order and mobile cash card. The number of mobile banking subscribers rose by 15.7 percent to 1.15 crore in November 2013, thanks to a rapid expansion of commercial bank outlets. The value of mobile banking transactions stood at Tk 5,533.6 crore in November, Bangladesh Bank said in a statement. The total number of agents providing such services across Bangladesh stood at 1.72 lakh until November 30. There were 99.8 lakh mobile banking subscribers in October, rising from 89.3 lakh in September, according to data. As part of the governments financial inclusion programme, the central bank allowed 27 banks to provide mobile-banking; to date, 19 have launched the service. There is a lot of enthusiasm with mobile banking as BB is promoting commercial banks to develop the financial service, the central bank said in a statement. Launched in 2011 by two private banks in the country, mobile banking services have now become popular, it said. Using a mobile phone and without having to make a visit to a bank branch, a customer can transfer money, receive salaries or pay bills from their accounts through mobile banking.
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The central bank has allowed mobile banking systems to provide almost all services from disbursement of inward remittances to cash in and out, person to business payments, business to person payments, person to government payments, government to person payments and person to person payments.
2.2. 8 E-commerce:
E-commerce is emerging day by day as example bikroy.com, ajkerdeal.com, akhoni.com, punoh.com become the popular market place for e sell and buy. Not only that those sites also the highest classified advertisement and received 400, 000 free advertisements over the last one year and half and has become the highest visited classified advertisement sites in Bangladesh. The websites provides a simple, safe, and fast buying and selling experience for the millions of Internet users in the country. Free classified advertising is also regarded as one of the most powerful tools for online advertisements over the Internet. Entrepreneurs in Bangladesh can also promote their business free of cost at ecommerce sites in Bangladesh.
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Before that holds different position of EC for 3 times. In addition he is the architect of Bijoy keyboard and software. Global Women Inventors & Innovators Network (GWIIN) has presented Luna Shamsuddoha, Chairman, Dohatec New Media and President Bangladesh Women in Technology with the Honorary Special Recognition Award at the 4th Bi-Annual International European Women Inventors & Innovators Network Exhibition, Conference & Awards on 28 November 2013 in Stockholm, Sweden. This year Nafis bin Zafar the first Bangladeshi to achieve OSCAR has visit Bangladesh. He achieved this award for his outstanding performance to branding Bangladesh in the OSCAR. Different programs has been arranged on his honor. Bangladeshi software engineer bags Oscar Award in the year 2007 for the animation of the Hollywood movie Pirates of the Caribbean: At Worlds End. He achieved Scientific and Engineering Awards, for the development of the fluid-simulation system by generating water, smoke and explosion with the help of computer. Conclusion Achievements encourage, Experience enhance the productivity. Constructive criticism help to be right and team work and inter industrial relationship helps to achieve more. I do believe with the learning and experience and achievements we did have in 2013 will encourage us to move forward in 2014.
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BASE Technologies is envisioned to be a leader in the IT and professional services industry. Our goal is to ensure the efficient implementation of IT in business operations, focusing on core competencies and achieving business optimizations such as increased agility, innovation and top-line growth, resulting in overall increased profitability. Our service offerings include cloud based computing solutions, system design and integration, IT and business process outsourcing, applications software development and platform creation, cyber security, Web and application hosting, mission support, technical services and management consulting.
3.2 MISSION
BASE is a people driven company dedicated towards delivering the highest standard of services and solutions based on innovative applications of technology. Exceed customers' expectations regarding quality, responsiveness and efficiency; within the budget and schedule.
3.3 VISION
To maintain the highest standards of professional integrity and ethical behavior. Employ people of exceptional creativity, expertise, and determination; who work closely with one another and with our customers. Pursue technical growth and market diversification to increase value for our customers and opportunity for our organization. Foster a working environment that encourages technical objectivity, professional and financial growth; coupled with entrepreneurial freedom.
3.4 VALUES
Accountability We are accountable for all our actions. Integrity Ethics and integrity are foundational for us. Respect We respect the attributes that make each individual unique. We look for the best in everyone and in turn, enrich ourselves. Responsibility
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We take our commitments seriously. We will meet or surpass our obligations to our stakeholders.
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3.6 Organogram:
Managing Director
Director
Director
G.M (Business Engagement) Business Engament Head of Business Engagment Account Manager IT &Telecommuni cation Division Solution Preslaes (Solution) Manager Specialst Specialst Technical Services Head of Technical Services Business Development Head of Business Development Specilast Supply Chain Management Accounts and Finance Sr. Manager Accounts and Finance Officer HR and Administration Professional Sr. Manager
Power Division
Fulfillment
Head of Power Solution Account Manager Pre Sales (Solution) Professional Technical Services (Power) Professional
Head of SCM
Professional
Officer
Professional
Specialist
Bidding Manager
Officer
Professional
Professional
Professional
3.7.1 TELECOM
Telecom sector is one of the major user of IT & technologies to operate efficiently. Information technology is the very essence of today's telecommunications industry. Today, the challenge for telecoms is to balance the ever-increasing need for sophisticated IT with the need to keep IT costs reasonable. Considering the ever expanding reach of the telecommunication sector we as a SI find the scope to offer our state of the art solutions and services to ensure seamless services to the end users.
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3.7.2 BFSI
Banking & Financial Institute environment has become highly competitive today. To be able to survive and grow in the changing market environment BFSIs are going for the latest technologies, which is being perceived as an enabling resource that can help in developing learner and more flexible structure that can respond quickly to the dynamics of a fast changing market scenario. It is also viewed as an instrument of cost reduction and effective communication with people and institutions associated with the industry. This Industry is gradually adopting to the modern system based on automation and advanced technologies. With our expertise, experience, and solutions combined with our pro-active services we enable our clients to stay ahead in this fast paced environment.
3.7.4 SMB:
Small and Medium Businesses (SMBs) are the pivotal role player in the growth of the economy. Due to their business scale and lack of awareness, the adaptation of ICT is slow but surely increasing. Due to the vast number of SMBs We see this as a prominent industry to develop.
3.7.5 Enterprise:
With the ever changing demands of the industry, the enterprises are resorting to efficient means to operate to achieve increased productivity and reduce production cost. Demand of IT and Business Automation support is ever increasing. With our vast services & solution portfolio we are the ideal technology partner to help the enterprise reach their goal.
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Processes are currently managed via paper forms that are physically moved around the organization Processes are currently managed via paper forms that are physically moved around the organization Multiple employees or teams of employees are collaborating on a single document or unit of work
Approval steps are numerous and business critical Managed Services: Todays IT environment is getting more complex and critical. Our expertise in process, platform, people and partners, helps organizations become real business enablers. We offer solution for organizations that need comprehensive IT support, that either dont have the time, skill-set or simply just dont want the burden of managing an IT person, department, or in some situations an entire IT division and make it easier than ever for you to understand, budget, and manage your monthly IT requirements. Besides offering as many plans as required, our solutions include expert level advisory services, training, consulting, break-fix and everything that a large companys IT department would.
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effective solution that caters directly to your need with or without bulk solution as per your requirements
3.9 Alliances:
BASE Technologies partners with top industry manufacturers to provide hardware that complements our high level of services. These product partners help us to offer you the best customer experience possible.
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3.10 Clients:
We dont just strive to provide our clients with service and solution but in-turn gain their satisfaction. We are dedicated to bring that feeling of joy & satisfaction in our clients faces which YOU have after YOUR favorite purchase. BASE has and is constantly working with small to large enterprise, Govt. & Defense to Small & Medium Businesses (SMB) with a varied solution range.
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3.11 Solutions:
3.11.1 Networking
Routing
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Rapidly growing needs for networking in the Internet and in intranets make network management increasingly important in todays world. Efficient routing of packets is a prerequisite for wide deployment of network-enabled devices, especially mobile and distributed computing environments. Current approaches to this problem have been partially successful, but are liable to breakdown under heavy load. Learning techniques involving Artificial Intelligence to shape network traffic and predict network congestion problems before they start affecting the performance of services. Our routing models resolve various optimization and ill-defined problems . Wireless Wireless connectivity is very common nowadays and its growing demand for anytime, anywhere connectivity has expanded to the use of personal mobile devices such as smart-phone, laptops, tablets etc. Along with traditional wireless connectivity solutions, i.e. wireless access points, 3G & WiMAX modem, MiFi router etc. we also offer BYOD - Bring Your Own Device that allows various wireless connectable devices to access the office network from their own devices along with conventional wireless network Network Security We understand where your business is in the security lifecycle, that allows us to prepare a solution to ensure your network is secure. We benefit security audits/assessments to identify vulnerabilities both from external internal in your IT network before they are compromised. With the ever-growing increase in IT security breaches, this is now more important than ever. Switching Switching and routing is the foundation for your network and should provide you with a business asset that can grow and adapt quickly and easily to keep up with your organization's changes. We can either build a new network or re-configure your existing network architecture to take advantage of additional built-in functionality you may not be using. This may involve 10Gb technology, Gigabit Ethernet and VLAN segregation. If you have more than one site, we can design and implement a secure VPN solution so that real-time information is available to all locations. With our switching design, you can minimize bottlenecks and maximize data throughput, enabling your users to be more productive.
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BASE Technologies provide end to end data centre solution that delivers unmatched value and improved customer experience. Our solutions utilize world class OEM leaders like HP, Dell, Microsoft, Oracle, Cisco, Juniper that suffice customer's current and future functional requirements and deliver maximum up-time along with higher ROI. Virtualization Installing operating systems, storage devices or network resources virtually instead of installing it separately in different computers at different locations is costly and inefficient. Our technology aid to the IT department is virtualization, because of its perceived ability to address many issues facing IT management reducing costs, enabling rapid deployment and improving system availability. We offer Network Virtualization, Backup Virtualization, Server Virtualization, Storage Virtualization, Server Consolidation and Infrastructure Optimization
3.11.3 Storage
Our storage capability varies in a wide range depending on your need for your data centre. No matter the vertical and the scale of your business, our storage solution ensure that your business is backed up for life. Some of our key storages are Disk Backup Systems: Virtual Library Systems, D2D Backup, Removable Discs Disk Storage Systems: Enterprise SAN and NAS Tape Drives and Blades: LTO, DAT, Simple and fully Automated Tape Libraries Back-up and Archival Solutions Virtualized and Unified Storage Solutions Disaster Recovery and Business Continuity Solutions
3.11.4 Platform
Just as we provide complete data centre solution, we also provide platform for your data centre devices relieving you from multi vendor purchase hassle. Some of our platforms are but not limited to, Server (Tower, Rack mount, Blade),
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When it comes to costs savings, productivity gains, improved flexibility, increased agility and responsiveness of communication, nothing goes above IP Telephony. By combining IT & Communication Systems and pushing calls over Internet, voice communication costs are reduced and communication platforms are streamlined. Our open standard, self migration and XML application service oriented and recommended architectural approach is easy to manage from a single administrative view and simplifies the communication experience.
3.11.7 IP Surveillance
Your business investment and its infrastructure is at high risk without proper security, safety & Surveillance. Our IP Surveillance offers latest video transmission and compression technologies at high resolution, optimizes live viewing of camera feeds, control of cameras and recording/playback of cameras onto multiple workstations, notifies tampering of cameras, tampering of recorded videos/images and unauthorized playback of recorded videos/images.
3.11.8 Battery
Efficient battery monitoring and controlled charging is key to stable operation. So, we endow with,
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The Valve Regulated Lead Acid (VRLA) AGM (Absorbed Glass Mats) battery The Valve Regulated Lead Acid (VRLA) GEL battery Lithium battery
Our AGM battery has a low internal resistance, low self charge rate, enabling faster recharge and longer shelf life. Our AGM battery is ideal for use in applications where recharge improved vibration resistance is required. VRLA GEL battery are being widely used in the Telco industry both locally and internationally. Key features of our VRLA GEL Battery are reduced evaporation; greater resistance to extreme temperatures, shock, and vibration. To support longer life cycle we recommend Lithium battery, which has a high energy density and is perfect for cyclic applications. It minimizes space consumption and offers lower TCO with 3 times as many charging cycles (2000 full cycles). Drastically reducing operational and management hassle for clients.
3.11.9 Rectifier
The combination of cost-effective design, high power density and reliability makes our rectifiers that truly stands out and provides unparalleled network availability. Also, advanced energy saving functionality, extended operating temperature range and High reliability-protection against loss of Neutral and AC overvoltage. Can be used in various verticals like Wireless, fiber and fixed line communication, broadband and network access.
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Key features of our IVS are, High cooling performance with while maintaining the Internal Environmental Temperature, Dust and Humidity. Low Power Consumption. Washable polyester filter and washable polyester filter. High Dust-Holding Capacity Cooling Fan and Digital Controller
The study is conducted in a systematic procedure starting from selection of the topic to final report preparation. The integral part was to identify and collect data; they were classified, analyzed, interpreted and presented in a systematic manner to find the vital points. The overall process of methodology followed in the study is explained further.
Secondary Sources: Internal sources- Different documents provided by concerned officers and different
circulars, manuals and files of the organization.
External source- Different websites related to the telecom sector and online resources.
Collection of Data: Conducting personal interviews of the key employees of the organization helped me to collect primary data. The interviews helped me in both deriving the information and also explaining the role of Business Development Department in the organization. Secondary data was collected from the website and the company profile.
4.4 Findings:
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Gather capital
The main responsibility of gathering funds is on the finance department of any organization but the business growth department needs to play an important role in this regard. They need to gather the resources from which they can take up capital to enhance the business.
Managing relationships
Managing relationships is one of the most important duties of the business development department. They need to manage the relationships with the existing clients whereas build relations with the new clients. In today's business world it is difficult to find a reliable and loyal client. And it is even more difficult to retain them. Therefore, a business development manager or the business development team manages the relations with the clients. Tries to identify their problems and report to the company so that the problems could be solved. In other words they are the one to make sure that the client is getting the maximum satisfaction or not.
Fulfilling commitments
Fulfilling the commitments is the key to business development. One of the responsibilities of the business development department is that they must fulfill the commitments made by the clients. They must communicate with the other departments of the organization effectively and represent their organization in front of the business clients. They must be true and honest with the clients and they must make it sure that the commitments are being fulfilled.
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