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I-nu-IT Launch on November 1, 2013

Bengaluru, India, October 14, 2013 - Inuit Cloud Technologies, today announced the proposed launch of its Gold Medal Winner I-nu-IT (pronounced "I knew it"), on November 1, 2013, in Bangalore, on the Karnataka Rajyotsava Day. An affordable software on the cloud, I-nu-It ("I knew it"), is poised to create a SME Business Revolution, by providing an affordable, easy & quick software solution on the cloud to over 18 Million Small & Medium Enterprises (SMEs) in India driving 40% GDP of the country, who can not afford expensive solution & need to have a quick & simple software to automate their business processes.

"I-nu-IT provides the 5-12-5 Advantage to SMEs of India,

said Mr. M H Narasimhan (MHN), CEO of I-nu-IT Cloud Technologies. Having coined the name I-nu-IT for this trend blazing software which is brainchild of Mr. Sharath Chander Punthambekar, CTO of Inuit Cloud Technologies, MHN explained how for negligible Rs 5 per day per user the 12 critical metrics of any organization like Order Processing, Purchases, Inventory, Deliveries, Sales, Payments, Receipts etc., are covered & implemented in just 5 Days time". And Best Part is No License fees, No Implementation fees, No Customization fees, (Customization may not be required), No Maintenance fees, No Enhancement fees, No Version Up Grade fees & No Consultant fees."

"I-nu-IT's market survey conducted by internationally acclaimed IC2 Institute, Austin, University of Texas,

expressed that they need a solution like I-nu-IT, in India which is lacking in access to affordable information to manage day to day operations. I-nu-IT achieved this by involving prospects during the development of the software ensuring that not only there was a feature & price match but also ease in navigation using behavior driven development approach of agile methodologies said Mr. Sharath Chander Punthambekar, CTO of Inuit Cloud Technologies"

I-nu-IT is the brain child of Mr. Sharath Chander Punthambekar, CTO

& he has won the Gold Medal by Govt. of India Department of Science Technology & Lockheed Martin, USA, for the Best Innovation on the Cloud. Mr. Sharath Chander Punthambekar is one of the thirty Indians to have won the annual Gold medal award & his innovation is now among 100 top innovative technologies in India, being recognized by FICCI as a partner for active promotion has released its YouTube presentation for promoting I-nu-IT across Globe. FICCI - I-nu-IT YouTube Presentation

I-nu-IT, is designed & developed with the cutting edge technology

using one of the most advanced web framework "Ruby on Rails". The test driven development methodology is being used along with behavior driven development approaches, which provides the user, the advantage of agile technology in having quick turn arounds to implement any last mile customizations, if required.

About Inuit Cloud Technologies Pvt. Ltd.,

Inuit Cloud Technologies Pvt. Ltd., was incorporated as a Private Limited Company on 9th September , 2011, in Bengaluru by two founder directors M H Narasimhan & Sharath Chander Punthambekar. With a total combined experience at senior levels of over fifty five man years of experience in strategic, operations & technology areas, the promoters have already got orders in pipe line of over 300 locations in India. It is being now projected for active promotion at UN & UNIDO levels, as many countries are seeing the advantage in using an application for the corporates which is easy, economical and quick in implementation"


"The recommendation of this report is that the subject technology (I-nu-IT) should be further commercialized." - IC2 Quick Look Report - IC2 Institute, Austin, University of Texas.

Innovator's Product (I-nu-IT) is 'the right solution and targeting the right customers'. He was particularly happy with the choice of the target customer segment - traders and small manufacturers 'at the bottom of the pyramid' - by the Innovator. Mr Kumar went on to say that as a VC, he would 'put his money into the venture' - Mr Amit Kumar - Kasper Consulting.

"Fantastic & Easy" - I would like to thank our directors (Mr Shanker Mathur, MD) giving such opportunity and I am sure this software (I-nu-IT) will help us to run the business smoothly and effectively"- Suresh Babu - IT Manager - - YouTube Welburn Retail - Alpha Customer


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