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Rank - 104 : Cranes Software

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DQI Bureau
New Update

The recession decelerated the growth of this emerging product vendor,

squeezing cash flows and affecting business from exports. To overcome these

difficulties, the company initiated direct sales from its subsidiaries, thus

considerably increasing its subsidiary revenues and reducing the going forward

collection period. The US subsidiary, ETA, entered into a distribution agreement

to sell Denton Virtual Dummy products. On the domestic front, Cranes lost

significant revenue in the third party business, because The MathWorks Inc, the

parent company of MATLAB, decided to set up its own operations in India.

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Rank - 104 : Cranes Software

FACTSHEET

l CEO and MD: Asif Khadar l

Start-up Year:1991 l Products & Services: Data analytics and engineering

software simulation products l Address: # 29, 7th Cross, 14th Main,

Vasanthnagar, Bengaluru 560 052 l Tel: 080 4152 6400 l Fax: 080 4151 6500 l

Website: www.cranessoftware.com

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