The vision of Coral Softech is to catalyze an entrepreneurship globally in Enterprise
Applications. It is borne out of the realization that Coral Softech, or any other company, cannot be the lone repository of all components required to guarantee a
successful global business. The key is to unlock the entrepreneurship of IT solutions
companies and professionals in their own geographical area and within their own
domain.
Simply, by analyzing as to what stops these IT solution companies or entrepreneurs
from realizing their full potential and become market leaders in Enterprise Applications segment.
With
the above in mind, Coral Softech believes that the constraints are as follows:
• Capital and infrastructure to set up a development center.
• Domain knowledge and skill sets to create their own applications.
• Long gestation period to develop a Product.
• An attractive Business Plan to Investors so that funds can be raised.
Most entrepreneurs will not like to be just VARs or Implementers where customers
truly belong to the vendor and not to them. Also being a VAR does not give them
full control over serving their customers' needs as well as product offerings. And
hence, no long term locking-in of the customers and assured recurring revenue stream.
Most entrepreneurs would rather desire to build their own brand name, own customer base and establish a secured recurring revenue stream for them. But this is only
possible if they have their own Development Center and their own products. But that
is not possible because of the constraints that are highlighted above.