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| Verity is a hotbed of technical Research and Development in the domain of Wireless Data Services. Verity has participated in the roll out of the R-World Infrastructure at Reliance Infocomm from the point of technology identification, design and development. Our 4 + year long association with Reliance has created a powerful technical differentiation as it presented an opportunity to work closely with OEMs (Samsung and LG) and Sun Microsystems. In addition to the Application Vending Mechanism we have successfully executed over 70 client facing applications which today account for a significant portion of all Data Services revenue at Reliance Communications, while serving over 15 million data services subscribers. Most of these applications have a significant server side to them. This has ensured that the technical expertise at Verity encompasses both Mobile and Internet Technologies.
Our ability to envisage the compelling content that attracts mobile downloads has resulted in us evolving into a product company that offers applications in both Gaming and Utilities space. Verity applications are at the cutting edge of technology and the suite includes products like Multi Player games and Voice based applications. This makes Verity one of India’s leading software services provider in the area of mobile and wireless computing, with office in Bangalore (India). Verity has proven Quality Processes for delivery with over half a decade of software product and outsourced project development experience in the space of Internet and Mobile. Verity’s core team possesses high level technical expertise and domain knowledge. Verity has ongoing relationship for service offerings with leading organizations across the globe. Key Differentiators at Verity are ability to develop and distribute Mobile Applications / Content through multiple distribution channels across Operators / Handset Manufacturers /Enterprises / Retail. |
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OPPORTUNITY SIZE ▪ WDS / VAS market is slated to see a compound annual growth rate of 65% globally ▪ In India the expected CAGR is pegged at closer to 143% for the next 3 year tenure (IDC India)WDS and Value added services markets grew at 139% in 2004 and over 150% in 2005 - Indian Market is expected to grow to $550 million in 2008 from about $48 million in 2004 (IDC Report on Mobile Data Market) ▪ Indian content owners revenue share is less than 20% against a global average of 35% |
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| Design & Development:Rang Communicative Design. | |||||||||||||||||||