highbuzz · highbuzz august 2019 greetings from highbar! through this communiqué, we take the...

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HighBuzz HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners and well-wishers. A decade ago, in the year 2009, Highbar started as a spin-off from the HCC Group, evolving into a leading provider of technology solutions in the infrastructure, construction, real estate, EPC & EC&O sectors. With close to half of spin-off companies globally failing to create value beyond their first year of operations, Highbar’s success stood out as a prominent example of best practices in successful spinoffs. Gartner Inc. - one of the world’s largest IT research and advisory companies – featured Highbar as a successful spin-off in a case study document created for their global clientele, in recognition of Highbar’s successful debut and consistent growth. With more than 120 clients, 65 end-to-end SAP implementations and a successful track record of over a decade in India, Europe, Africa & Middle East Highbar is now poised for exponential growth. At the heart of this lies our commitment in supporting clients to achieve their goals efficiently through creative technology leverage. Through our quarterly “HighBuzz” we aim to stay connected and keep you updated with the latest at Highbar. We are happy to share with you, our perspective on the impact of latest technology developments like IoT, ML & AI on your business sectors in the forthcoming issues. Do reach out to us with your feedback, suggestions and ideas. Looking forward to our continued association. Welcome to the first issue of HighBuzz, a quarterly update from Highbar Technocrat Limited. In the forthcoming issues we will be including thought papers on topics of interest to our clientele and business partners. The next issue will be covering our point of view on how AI, ML and IoT are transforming the construction, real estate and infrastructure sectors. If you would like us to cover any specific topics, please do let us know. Regards, Mangesh Wadaje CEO Highbar Technocrat Limited.

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Page 1: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

HighBuzzHighBuzzAugust 2019

Greetings from Highbar!

Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners and well-wishers.

A decade ago, in the year 2009, Highbar started as a spin-off from the HCC Group, evolving into a leading provider of technology solutions in the infrastructure, construction, real estate, EPC & EC&O sectors. With close to half of spin-off companies globally failing to create value beyond their first year of operations, Highbar’s success stood out as a prominent example of best practices in successful spinoffs.

Gartner Inc. - one of the world’s largest IT research and advisory companies – featured Highbar as a successful spin-off in a case study document created for their global clientele, in recognition of Highbar’s successful debut and consistent growth.

With more than 120 clients, 65 end-to-end SAP implementations and a successful track record of over a decade in India, Europe, Africa & Middle East Highbar is now poised for exponential growth.

At the heart of this lies our commitment in supporting clients to achieve their goals efficiently through creative technology leverage.

Through our quarterly “HighBuzz” we aim to stay connected and keep you updated with the latest at Highbar. We are happy to share with you, our perspective on the impact of latest technology developments like IoT, ML & AI on your business sectors in the forthcoming issues.

Do reach out to us with your feedback, suggestions and ideas.

Looking forward to our continued association.

Welcome to the first issue of HighBuzz, a quarterly update from Highbar Technocrat Limited.

In the forthcoming issues we will be including thought papers on topics of interest to our clientele and business partners. The next issue will be covering our point of view on how AI, ML and IoT are transforming the construction, real estate and infrastructure sectors.

If you would like us to cover any specific topics, please do let us know.

Regards,Mangesh Wadaje

CEOHighbar Technocrat Limited.

Page 2: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

The Client:P.C. Patel Infra Pvt. Ltd. is a leading supplier of contract mining services to clients in the infrastructure development sector in India. The services offered have changed significantly over the last decade due to factors such as computing technology, globalization, economic reforms, information technologies and environmental considerations.

The Challenge:Since their operations comprise a lot of material and equipment movements, keeping inventory of varied type of spares and ensuring receipts and issues of spares with minimum errors was a huge challenge. Similarly, monitoring tracking and planning for the maintenance of various equipment was getting cumbersome.

Our Solution:Highbar identified specific functionalities of inventory and spares management in SAP that would be useful to address the client’s challenges and also offered insights on advantages and limitations of different approaches that can be used. SAP plant maintenance and inventory management modules, were implemented to address the stated challenges of in the client organization.

The Client:Rithwik Projects Pvt. Ltd., an integrated construction, infrastructure development and management company in India.

The challenge:The client was looking for a full SAP implementation with:a. Subcontractor billingb. Location-wise and consolidated balance sheets c. Product costingd. Stock and inventory tallye. Equipment utilization reporting and other features.

Our solution:1. Highbar’s SAP solution was implemented with main features of

subcontracting, billing, customizing for running account, and bill processing.

2. By using MM & FI modules the stock information uploaded by physical verification and the value could be tallied in the inventory GL accounts based on the moving average price.

3. Log entry customization was done, with detailed utilization and generation of performance reports.

SUCCESS STORIES

Go Live

Go Live

Page 3: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

The Client: Chetak Enterprises Limited (CEL), is a leading player engaged in the development of National and State Highways across India and Africa.

The challenge: 1. Legacy systems in the organization were making it difficult to

upgrade to faster and real time estimation and progress

2. The stock inventory system, invoicing, accounting was done either by historical methods, or manually.

3. Such a complex system caused frequent errors in record keeping, check on consumptions, payroll processing and frequent breakdowns.

Our solution: 1. Highbar conducted a detailed study of all the requirements and

suggested a comprehensive SAP implementation.

2. The new implementation covered cost estimations, progress reports, automated invoicing modules, project wise profitability reports, and a complete system-based linkage with the various departments

3. Automated control for expenditures, material reconciliation and tracking has resulted in decrease in wastage.

SUCCESS STORIES

Go Live

Page 4: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

HIGHBAR IN THE NEWS

April 2019

• What exactly are smart cities?

• How has the integration of modern cities with smart technologies gained so much popularity lately?

• What are the key technologies that drive the smart city concept?

Mr. AnilKumar Jeur (Delivery Head- Strategic Business at Highbar Technocrat Limited) expresses his opinion on “How Smart Cites are Going to Open Business Opportunities For People Dealing in the Latest Technology” in the April 2019 issue of Entrepreneur India.

Coverage Link- http://tiny.cc/a6739y

May 2019

Read Highbar’s blog published in May 2019 on how automation of sub-contractor billing can resolve a huge challenge that many infrastructure and real estate companies face in managing their transactions and relationships with a large number of subcontractors.

The May 2019 issue of India Technology News has covered Highbar’s success story of having empowered infrastructure & real estate companies with subcontractor billing solution.

blog link- https://urlzs.com/puVE3

June 2019

An article titled “Precise estimation is the key for successful project execution” written by Mr. Ashok Wani (Head of Technology & Innovation at Highbar Technocrat Limited) was published in the June 2019 edition of EPC World.

Mr. Wani expressed his views on the need of robust tender estimation software solution with regards to the dynamic nature of the construction industry. He explains the various benefits of such software that can help project managers to bid and execute the projects, saving time and operational expenditure.

To read the article, please click: http://tiny.cc/v2739y

Page 5: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

Trees are our life. They provide oxygen, shelter and food; and of course help increase rainfall.

At Highbar, we understand the importance of growing more trees and are contributing in our own way in combating global warming.

We took up the initiative of “Grow More Trees” in conjunction with our CSR partner Sampark. The Highbar team headed by Mr. Vijay Patil visited Bhabarde village in Lonavala for a day filled with nature, trees, plants and rivulets.

We planted around 1,000 trees along with local school students and volunteers. The afternoon was reserved for a friendly cricket match with the school students, it was an indeed a thrilling match. The enthusiastic school students defeated us by 5 runs.

We wish to extend our special thanks to Mr. Hiramal Kokane and team from Sampark.

CSR ACTIVITY

Page 6: HighBuzz · HighBuzz August 2019 Greetings from Highbar! Through this communiqué, we take the opportunity to begin a regular communication channel with our clients, associates, partners

Asia’s 1st company

offering end to end IT solutions focusing

infrastructure & real estate industry

120+

Customers in 8 years

India’s 1st Digital Project Management

Platform using 5D BIM & ERP

10+ Case Studies

Published as Business Transformation Studies by SAP

4x Winner of

SAP ACE Awards

2x Winner of

ChannelWorld Premier 100

Awards

Rapid deployment solution

for Real estate and Infrastructure industry

200+ Consultants

with domain & IT expertise

25+ SAP ERP

implementation for Project Based

& Real Estate Organization

60+ End to End ERP

implementations

SAP Implementation

for India’s 1st Ranked Smart City

Bhubaneswar SAP Implementation

for India’s 1st Industrial Smart City Aurangabad

Unique mix of

domain plus IT professionals

CMMI

Level 3 Nimble, agile, success hungry

organization

Highbar Description Paragraph

About Highbar:

Highbar Technocrat is a leading end-to-end IT solution provider with a portfolio of enterprise business solutions, line of business IT solutions, process consulting & IT Infrastructure services aiming at increasing efficiencies for the infrastructure, construction, real estate and manufacturing industries. It is recognized by Gartner Inc. among top 5% successful spin-offs, with a dedicated global case study.

IT expertise backed by industry domain knowledge, with a creative solutions approach to address the unique needs of the clients differentiates Highbar as preferred partner for IT initiatives in the infrastructure industry. Highbar has developed SAP certified templates based on industry best practices enabling customers to achieve business efficiencies. Highbar offers IT services across multiple sectors like manufacturing, BPO, agrochemicals, telecom, consumer products, pre-engineered buildings etc. Highbar is a preferred partner for SAP implementation & re-implementation with 65 end-to-end SAP ERP implementation projects, 120+ customers and eleven global case studies across industries.

Highbar Technocrat LtdD-Wing, 14th Floor, Empire Tower, Reliable Cloud City,Off. Thane Belapur Road, Airoli, Navi Mumbai - 400 708Tel: +91 22 6279 2000 | Email: [email protected]: www.highbartechnocrat.com