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50 Innovative Companies to Watch 2017

“We are a sound integration of conceptualization, optimization, performance and configuration. These four aspects are the cornerstones of our product suites”: Panamax Inc.

thesiliconreview-bankim-brahmbhatt-president-ceo-panamax-inc-2017“We specialize in Cloud based SaaS Solution for Telecom, Telecom Solutions & Services, Software Development Services, Carrier Business Solutions, Switching Solutions, Mobile Financial Services Platform and many more.” 

We live in an ever more connected world. The concept known as the Internet of Things (IoT) will soon link all kinds of devices, from toothbrushes to cars to entire cities, into larger and larger networks. The price of connectivity itself is declining, and the enabling devices, such as smartphones and tablets, are themselves becoming less expensive, more powerful, and ubiquitous.These advances should be a boon for the telecom industry, offering the possibility of further monetizing the additional network traffic. Already, telecom firms are taking advantage of this new user base of people and things by developing a variety of new services, sometimes in partnership with other companies. 

Because many of these new services are managed in cloud-based systems, the digital environment will require a higher level of security and privacy protection than what currently exists. That potentially presents yet another opportunity which could be called a ‘duty for telecoms’, to set the benchmarks and standards for safeguarding the sensitive personal information shared by consumers, companies, and machines over these ubiquitous networks. Recently, telecom providers have begun to pursue growth through innovative digital ecosystems designed around joint ventures, acquisitions, or internal R&D. Growth in the mobile industry has been dramatic by virtually any measure, and despite some reports of a slowdown, we still expect to see growth in 2017. True, simple innovations such as advanced wearables (e.g., those incorporating augmented or virtual reality) may take a few years to emerge, and more complex ones, such as fully autonomous vehicles, are farther out. 

The growth in smartphone usage signals continuing opportunity for all telecom sub-sectors, including wireless and wireline/broadband carriers, network equipment/infrastructure companies, and device manufacturers. 

Since 2001, Panamax Inc, a telecom company, has been delivering world class telecom and technology turnkey solutions to our esteemed clients. The Company offers market-proven Switching, Provisioning, Transaction and Service management solutions, with products serving over millions of users over networks spanning across the globe. Panamax is headquartered in New York, and has vast resources in R&D, marketing and support, serving hundreds of customers.

In accordance with the industry standards

The present industry insists on the products which are commercially sustainable, interoperable, generates new revenue streams with existing infrastructure and offer hassle free ecosystem integration. The firm’s products and services are catering to industry needs via product innovation and commercially viable business models supporting long gestation periods, which are scaled to offer effective fraud management, revenue assurance and help in saving huge Capex and Opex by improving operational efficiency. 

What does Panamax render?

The services offered by Panamax Inc. are categorized into three sectors – BSS (Business Support System), NSS (Network Switching Subsystem) & MFS (Mobile Financial Solutions). 

BSS (Business Support System)

The BSS solutions enable carrier service providers to accelerate time to market of new product and services with network, service and customer agility. They help optimize development and deployment costs while supporting operators during every phase of the customer lifecycle.

NSS (Network Switching Subsystems)

NSS solutions are tailored to serve the business needs of global telecom operators, service providers, carriers and telcos. They play a crucial role in enabling telecom players to achieve financial and operational excellence through Unified Communications, VoBB, IP Telephony, Switching, Transcoding & Conference solutions. 

MFS (Mobile Financial Solutions)

Financial services are leveraging massive mobile growth. Panamax’s mobile financial solutions empower telcos, mobile money service providers, banks and retailers to seize this opportunity with our scalable and secure solutions. The omni-channel mobile banking, mobile money, wallet, top-up & bill payment solutions integrate e-commerce, m-commerce and proximity gateways into a single robust platform, which offers greater flexibility and scalability to businesses.

Colossal clients

Panamax’s major clients include: Nabacom, QCELL, Salnet, Sudatel, Tigo, Yappingo, Videocon, KDDI,and Smart.

Being the uncommon

Solutions are both converged and fragmented based on the specific requirements of clients, be it Telcos, banks or financial institutions. Each product is carefully developed with a Modular, Open & Scalable architecture, hence can be tailored to give a solution that perfectly fits the bill. With innovation and technology at the helm, we stress on building automated business processes that translate into reduced TCO (Total cost of ownership) and faster TTM (time to market).

“Of course, competition is tough, but we believe in creating agile business models that can help our clients boost margins and also generate new and sustainable revenue streams.” 

The challenges ahead

The key challenges today are– offering exceptional customer value proposition with commercial sustainability, reduced TCO (Total Cost of Ownership) and faster TTM (Time to Market), generating new revenue streams with existing infrastructure and developing products and services compatible with the ever changing technology trends – Hosted Services and Cloud-based product offerings. 

Embrace the intrepid: Bankim Brahmbhatt, President & CEO, Bankai Group

''A man of few words and significant actions''

Bankim Brahmbhatt is the President and CEO of one of the most renowned telecom industry leaders - The ‘Bankai Group’. His rich experience of more than 28 years, unparalleled business acumen, ingenious leadership, and foresightedness has enabled the Group to scale global footprint through leading telecom & technology companies of Bankai Division - Broadband Telecom Inc., BridgeVoice Inc., CallnRoam Inc., and Panamax Inc. All these Bankai Group companies are globally recognized leaders flourishing in the Information Communication Technology (ICT) and services sector.

A Telecom Engineering Scholar, Bankim has received several awards and recognitions in the business community. With the strategic move over past 10 years, by adding various products, service portfolio, business verticals, acquisition and partnership, he has successfully managed to create multinational business operation. He has been instrumental in establishing strategic relationships worldwide with the help of core professional management team members and a dedicated team of 400+ employees. 

We intend to carry on with what we do the best- innovating telecom and Mobile Financial services technology.

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