| InnovizeTech Software receives Series A Funding |
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| Pune, November 30, 2011: |
| InnovizeTech Software announced today that its patent-pending software product, Sapience, designed to deliver Enterprise Effort and Time Productivity, is now available for sale to customers. This release is targeted at customers with up to 1000 employees, while a full-blown Enterprise version for much larger companies is due in Q1 of 2011. |
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| The product is currently installed at over twenty companies. These range from large and medium companies in IT services, Software ISVs, Shared Services, KPOs, Engineering Services, Finance and Manufacturing Automation. |
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| Sapience Release 1.2.2 has the following new features: |
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| Intelligent Time Allocation |
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File name discovery and mapping support for all applications (template based) |
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Map ‘away-from-PC’ time instantly using Offline return Prompt |
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| Improved Trends and Reports |
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People Efficiency graph showing productivity variance across employee pool |
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Options to exclude vacations, exclude manager etc. when trending |
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Project Utilization report showing hours spent by each employee and collectively at team level across multiple projects |
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| Employee Work Focus |
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Temporal view of daily time utilization by Purpose, Activity and Applications used |
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Work focus analysis showing average and maximum time per activity |
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| About InnovizeTech Software – www.innovizetech.com |
Founded in early 2009, InnovizeTech Software is an exciting new player in India's emerging software product story. Our unique
patent-pending product, Sapience, delivers a first of its kind solution to measure and analyze Enterprise Effort and Time Productivity – effortlessly! |
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| Sapience delivers significant value to today’s organizations whose staff depends on computers to deliver their services and products, and who are looking to maintain profitability in an environment of rapid cost escalations, especially in employee compensation. |
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| Sapience caters to the vital business need of people efficiency, by measuring and improving Time and Effort delivered by teams and individual employees. |
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InnovizeTech Software Pvt. Ltd.
6, Shivkashi Apartments (2nd Floor), Bapusaheb Purandhare Lane, Shivajinagar, Pune 411004. India |
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