The world has changed, and digitalization has brought unprecedented opportunities and new sources of income for companies in all walks of life. Action must be taken immediately because if you don’t, your competitors certainly will. What sets you apart is that you use innovative technologies as a power multiplier leveraging the capabilities of new product development solutions and services company that adds to your unique value for building customized software digital solutions.
With the intensification of market competition and the digital revolution of customer demand, high-quality products are far from enough. ISVs and tech enterprises need digital technology partners and digital product development services to help them build excellent, innovative, and differentiated products. Whether it is software product development services, new product development solutions, or expanding product development services, organizations need technical partners with in-depth domain knowledge, effective process support, and a team that can deliver. As a leading software development company, we strive to be that technology partner in your digital journey and provide our clients with the best new product design and development services.
We help our clients evaluate an idea and enhance it by building rapid POCS, MVPS and prototypes. Our cross functional expertise across consulting, design, digitization, data, architecture, and engineering cultivates the culture of creating digital experiences that exceed our customers’ expectations.
Our re-architecture approach brings functionality and data from costly, brittle legacy applications into Java and .NET business applications that are ready for digital innovation.
We leverage our solid experience in MVP systems and software development to provide you with end to-end MVP development services, from initial business analysis to product delivery and launch to the market.
An experience canvas helps clarify what problem the project is trying to solve, the customer you’re solving it for, and what success looks like. It helps ensure the work being done is user-centered, technically sound, and makes sense for all the stakeholders.
The product backlog is the single definitive source for things that a group works on. The Product Backlog is the sign of the vision and the business case for the product. The backlog is comprised of Product Backlog Items (PBIs). PBIs can be anything from market necessities, to use cases, to particulars. At Pratiti we use User Stories widely to speak to the end client’s point of view and construct item build-up.
A well-characterized UI/UX guarantees a frictionless and pleasant experience for the client. UX supports consumer loyalty by giving better convenience, openness, and delight in the communication with each part of an item.
25+ years of Co-founders team’s experience in software product engineering & digital transformation. Flexibility in engagement models suited to best meet your requirements
Excellent track record of delivering software solutions in a timely manner often ahead of schedule by collaborating effectively and efficiently with our customers and partners
Robust framework with proven and well defined internal processes for Agile, DevOps, Product Definition to build next generation digital products
New Product Development is the complete business process of bringing to life a new product to the market, or renewing an existing product. It can also refer to the process of bringing products into new markets. It is a process that contains several comprehensive steps: idea generation, idea screening, concept development, and testing, building a market strategy, product development, market testing, and market commercialization. New Product Development Services help software companies innovate and bring to life new products by taking them through all these steps.
New Product Development solutions allow you to expand your market, gain market share, sell more, and enhance revenue streams. Meanwhile, revamping old items allows for cost savings, higher margins, and eventually more profits.
New product design and development services include several steps, each having its own timeline. When it comes to idea generation, screening, and the overall steps in building the Minimum Viable Product of the new product, the process can take anywhere between 3 months to a year, depending on the criticality, complexity and size of the project. Market operations henceforth will depend on the owner of the product.
Pratiti Technologies has expertise in developing products for various Independent Software Vendors, software tools for Manufacturers, and Healthcare organizations. These New Products included software tools for various applications for digitization of operations, automation, unique products based on market problems for ISVs, and a lot more.
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Milind has 25 years of experience in building Enterprise Software. He is an Alumni of Indian Institute of Technology, Mumbai.
He is currently the co-founder & CTO of Pratiti Technologies Driving technology implementations in IoT, Digital enterprise and Healthcare domains.
Instrumental in building Business applications and data platform for Industry 4.0 application stack.
He also has experience in building IoT applications for renewable energy asset monitoring, discrete manufacturing, logistics Smart Home platform etc.
He has a vast Exposure to building enterprise solutions for large industrial customers, Enterprise Integrations & Data exchanges.
He also holds expertise in designing and Manufacturing Engineering solutions.
Stefan is Services Innovation Leader for Philips. In this role, he leads a team of over 400 software engineers and product managers to develop and deliver the remote and IoT capability for Philips devices. The team also provides innovative, data and software driven services to enable the digital transformation of Philips customers.
Before joining Philips, Stefan has served in several senior business and technology leadership roles at Siemens. He was head of strategy for the Digital Industries Software business, facilitating the expansion of portfolio and the transition to a SaaS business model, and head of the automotive industry practice, introducing solutions to tackle key challenges of the industry.
Stefan is a dual citizen of the US and Germany with broad international experience, born and raised in Germany and living in the US since 2001. He holds a PhD in Physics.
Rajiv in his current role as VP Global alliances with Siemens digital industry software business unit, Rajiv is involved with driving global strategic partnerships to help customers realize their digital enterprise aspirations. Rajiv comes with over 30 years’ cross Industry and cross-cultural experience that includes global and regional P&L leadership responsibilities across manufacturing, energy & infrastructure sectors and holds an honors degree in electrical & electronics engineering. In his tenure with Siemens, Rajiv has been instrumental in incubating startup business around Industrial IOT & Cyber security, built vertical market practice for data center vertical and developed the ISV ecosystem around the IOT platform MindSphere. Rajiv has also been a founding member & past director of the European association for Data Centers and is the chairman of executive committee for not-for-profit Industrial IoT business community (MindSphere world) in North America which he helped set up. Rajiv is part of the advisory board for the Georgia Institutes of Informatics’, University of Georgia.
Prashant is Co-founder and COO at Pratiti Technologies. Throughout his career, his passion has been to help improve and transform business processes, by delivering NextGen products leveraging latest technologies. In the first 15 years, his focus was on the manufacturing industry and technologies such as 3D CAD/CAM. Since the last 10 years, his focus has been on applying Digital technologies such as cloud, IoT and AI in a wide range of industries such as healthcare, energy and manufacturing.
Prashant is an alumnus of IIT Kharagpur and IIM Calcutta. He will be our moderator for the session today.
In his 25+ years of career, Nitin has played key roles in building software solutions right from ideation to deployment. As a Co-founder and CEO of Pratiti Labs Inc., he is committed to applying his management learning as well as the passion for building new solutions to realize end-client innovation with certainty. He is also the Co-founder and CEO of Helios IoT Systems – an energy analytics solution company that developed a patented digital twin, IoT and advanced analytics based solution – Apollo. He recently drove a strategic technical partnership between AVEVA and Helios IoT Systems and led Apollo solution to the ‘Next Gen Product of the Year’ recognition. Through his unique leadership style and innovation mindset, Nitin has also led Pratiti to several awards and recognitions from the partner ecosystem including ‘Siemens Partner of the Year’ as well as leading analyst organizations like Frost & Sullivan, Zinnov and NASSCOM.
Through his many achievements in product engineering and leading two successful organizations, Nitin has gained impeccable and tangible skills in crafting and leading custom digital solutions to solve business problems across various industries.
Girish is the founder of Shoonya and an expert in delivering Effective Business Solutions using Immersive Technologies. He has a Master’s degree in Computer Games Technology from the University of Abertay, Scotland. 
After working in the Video Games industry for 5 years in Scotland, he came back to India in 2009 and founded Shoonya, with the aim of exploring applications of Immersive Technologies beyond Video Games. He has been through the evolution of Immersive Technologies like Augmented Reality & Virtual Reality right since their inception and has a deep understanding of how to effectively deliver AR/VR solutions that provide real business value.
Over the past 13+ years, Girish has worked on several projects in industry sectors including Aviation, Transportation, Real Estate, Automobile, Energy, Telecom and Manufacturing, with clients across India, UK, Europe, Middle East and Singapore.
Ron Fritz is CEO and co-founder of Tech Soft 3D, the company that supplies underlying 3D technology to more than 700 companies developing engineering software, including Autodesk, Siemens, Dassault, PTC, Bentley, Trimble, ANSYS and many others. More recently, Tech Soft 3D has been providing technologies for CAD import to Digital Twin players including Unity, Unreal and nVidia Omniverse. Ron had led the company since it was founded in 1996 with a focus on business strategy and growth initiatives. The company is headquartered in Oregon in the United States with R&D offices in California, France and Norway.
Deepak Konnur has 40+ years of experience in the Energy Utility business. Presently he is engaged with Adani Transmission as Advisor Digitalization helping technology and business teams to increase their productivity, predictability, reliability, efficiency through improved data and analytics backed informed decision making and to achieve enhanced returns on the assets deployed.
He had worked as Chief Digital Officer, Tata power and was responsible for evangelizing and accelerating digitization initiatives & interventions across all entities of Tata Power.
Prior to Joining Tata Power, Deepak was working with IBM as Vice President – Energy & Utilities Industry Solutions
Deepak has long background in OT & IT Management and has developed and deployed OT & IT plans that achieve strategic business goals.
Deepak is an Electrical Engineer and has done post graduation in Business Administration.
Sujit is a digital visionary whose skillsets have stemmed from understanding and solving customer challenges.Being an industry veteran in the engineering and business analysis space, he has tangible knowledge and insights on how a digital product should be crafted for end-users. His technical and business perspectives have enabled various clients to provide value-driven solutions to end users.He is now leading the strategy and innovations at Smit.fit, a user-empathy-driven product that helps end-users take control over their fitness lifestyles. Prior to founding Smit.fit, Sujit was a Partner at McKinsey.
Nitin is a postgraduate from IIT, Mumbai and in his 25 years of career, has played key roles in building software solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize customers’ innovation with certainty. Prior to co-founding Pratiti, Nitin was the Global COO for Geometric (now acquired by HCL).
Prashant loves technology. While this passion helped him top his Masters class at IIT, he wanted to ensure his contribution remains ‘applied’ rather than ‘theoretical’. He is very excited by the convergence of technologies such as SMAC & IoT, and the Digital Transformation they are driving. In his current role, Prashant leads & manages key software projects at Pratiti to deliver higher value & strategic advantage to the clients.
Stephen retired from Siemens in April 2020 as the CEO for the Siemens global IIoT business. Over the past 40 years, Stephen has always been grounded in a solid technical framework from hands on software troubleshooting to creating business outcomes from technology selections and business models.In his current role, he provides software advisory consulting through board positions, software projects and strategic software development practices. During his stint at Siemens, Stephen has received many accolades and is highly regarded for his contributions in MindSphere & Teamcenter.
