Dayananda Sagar Institutions
Untitled Document
Research & Industry Incubation Centre (RIIC)
  Research Interest Groups | Research Highlights | Research Publications | Patents | Reflections of RIIC Members  
  Book Chapters Published | Books Published | International Journals | Awards | Live talk videos by Director  
  Seminars and Conferences | Incubation Center | Album of Occasions | Ph.D. Thesis | Collaboration with Industry & Academia  
  Keynote Addresses               RIIC Home RIIC  
     
     
  Introduction
  Director
  Dean
  Events
  DSI - Home
 
Call for research paper
Research papers accepted throughout the year
Email : interjri@interjri.org
Domain Specific Submission
Science and Technology Intersubmsn.sct@gmail.com
Computer Science and Networking Intersubmsn.csn@gmail.com
For more Information please Logon: www.interjri.org
Primary Business Address Research & Industry Incubation Center 4th Floor, New Business School Block, Dayananda Sagar Institutions, Shavige Malleswara Hills, Kumaraswamy Layout, Bangalore - 560078. Karnataka, India.
Incubation Centre

DSI Incubation Centre carries out its mission of promoting innovation and entrepreneurship through SMEs involved in the development of software products / services, running pilot projects in Mechanical, Chemical and Electrical Engineering, which culminate in the creation of companies, following a viable business model. Also, It will enable and seed business operations with guidance in product design, know-how acquisition, financial mobilizations for a young entrepreneur originating from DSI or associated with DSI, Bangalore, India.

This model assures that our actions are always based on the market demand and the current technology forecast. It creates opportunities in our operational segments, builds a vision and enables startup to sell a development project to a specific client. The project then goes through a development phase resulting in a solution for the client’s demands. This solution, initially a single-client one, can be generalized into a product or service, and can go through a market test period. If these evaluations produce positive results, investors are sought out who have the capital transform this venture in to stable company. It can explore the new service or product for a wider market. One of the modes that attract investors to new technology businesses is the Angels investor clubs program, which consists of a web of ‘angels’ who can finance new companies.

DSI Incubation Centre proactively search for potential new Entrepreneurs in ICT, Engineering and Technology businesses through the constant interaction between universities, research centers, investment funds and other parties, be they be entities or individuals.  Evaluation of the entrepreneur is done through an analysis of the information contained in the Business plan submitted by the proponent and  the response submitted to a Preliminary Analysis form.  Once the application is approved, a more detailed analysis will be carried out based on the points that consist of:

  • The technical and economic viability of the opportunity
  • The degree of technological competitiveness
  • The profile of the entrepreneurs

If the analysis is favorable, the matter is presented to DSI Incubation Centers’ Advisory system, which is responsible for the final approval.  Once approved by the Advisory system, the incubation phase begins. As the incubation milestones are reached, DSI Incubation Centre enables formation of  a company with or without additional investors / entrepreneurs as acceptable to the incubated party.

Finally, the company can move to the real-world and it gets in to the last phase of  incubation process.  The incubated company is now ready for an independent market dealing of its own.  Support activities given from the center are gradually withdrawn and it is passed on  to the new incubated company.   The last formal act of the process is to sign the incubation agreement dissolution document, which brings the incubation period to a close and initiates the independent life of the new company.

Publications and Products

Publications

Devashish Jasani – “Application of Artificial Neuro Network in Aircraf Maintainance, repair and overhaul solutions” - International Conference TeamTech 2008 at Indian Institute of Science, Bangalore, on Sep 22-24, 2008.

Products

Companies

1. Aero IT

Aviation Management System (Company: AeroIT)

 

The Aviation Management System –The flagship product began as an idea in the year 2005. Since then, it has grown from a prototype system into a fully fledged Operational Aviation Management Suite of applications.

Charter Flying:

Training Flights:

Highlights:

Personnel and Company Processing including: Pilots, Customers, Suppliers, Employees, Students, Instructors

  • Aircraft Management and Maintenance
  • Operational costs definition and analysis
  • Flight type definition: the ability to define different types of flights that can be performed Standard information supplied (Airports, Costs, Fees, Course Structures, etc)
  • Processing for multiple offices within a single company
  • Over 300 standard reports

Configuration:

The application itself is extremely configurable. You may only want to use it for Charter Operations or Flight Training. You may wish to define multiple offices to split up your charter and training businesses. You can define additional types of flights, courses, customers, students, suppliers, employees and payment methods using these AeroIT produced software packages.

2. Mind Trackers

Engaged in human resource management & International HR requirement supply, match outsourcing.

Response from AeroIT-
One of the successful companies in RIIC

Assigned Entrepreneur work:

Aero IT Director Speaks

How do you see the incubation center 3 years back?

When I first came to DSI 3 years back, there was no incubation center. DSI was in the process of starting a Research Industry Incubation Center at that time. I first met Dr Nair and was impressed by his rich knowledge in the Science and Technology Domain. I was very happy to hear that he would be heading the RIIC in DSI. Though the incubation facility was still not established, the presence of Dr Nair gave us the required confidence to initiate the setting up of the AeroIT incubation center in DSI. Initially we started the work with 6 students and work stations in a small area. As days progressed DSI gave us a better facility (20 workstations) and we were able to generate more work and take in more students to work on the Live Project.

How was it variable to have an opportunity to work in RIIC?

A couple of other reputed institutions had offered us to give the required space and facility to start the AeroIT Incubation center. But we were more inclined towards DSI because we found that the institution had students and faculty spread across various technology and business domains. Also the presence of a strong research team headed by Dr Nair gave us the required confidence to start AeroIT in DSI. Also the support and motivation that we got from Dr Nair and RIIC during the initial days is simply commendable and this boosted our confidence to a great extent.

What are your major products? Could you please tell us in a couple of sentences?

Product Description Domain Technology
AMS Aviation Management System is an end to end business management application for Charter Flying Companies. It’s a web based application. Aviation J2EE – Open source
ACI Aviation Central Intelligence is a centralized application which contains general aviation information that can be accessed by different aviation companies as a subscription service Aviation J2EE – Open source
Flight Lite Flight Lite is a cut down version of the AMS application for small aviation operations including chopper services. Aviation J2EE – Open source

What were the main domains like enterprenual support, technology
support etc., that you count most beneficial?

We have got very good support from the RIIC through out. However I would like to mention that the enterprenual support that we have received from RIIC is commendable. Dr Nair has been very generous in terms of sharing his ideas and also giving the required inputs when it mattered. We have also been invited to attend a lot of conferences and events which has greatly helped us in enhancing our skills and also develop a lot of industry contacts.

How did you manage students’ participation in industrial projects?

Initially it was really difficult to manage the students on the Live project as they were still very raw. They used to commit a lot of mistakes because of inexperience. However we gave them the required trainings on various technologies and conducted some soft skill trainings to polish their communication as well as behavior. It was a different experience for us and we were happy to see that it worked for us.

Could you please explain your achievements like going international,
have clients from Australia etc., while being in RIIC?

It’s been an exciting journey right from the day AeroIT was started in the incubation center at RIIC in DSI. We put in a lot of hard work initially to gain the confidence of the Australian client. Once this was achieved it was a lot easier for us to get deeper into the design aspects of the product and today we have been successful in building one of the best software for the charter flying industry.

How do you state the incubation supports of RIIC DSI in terms
of students support and motivation?

The students who get involved with Live projects in the incubation center get benefited in a major way. Like

  1. Getting trained / exposed on latest tools and technologies.
  2. Exposure to latest software development process and methodologies.
  3. Exposure to complex business domains like Aviation
  4. Getting a chance to interact with International clients.
  5. Understanding various cultures across geographies
  6. Getting a chance to work with experienced IT professionals.
  7. Project certificates
  8. Stipend as a financial support.

Home

 
Untitled Document