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CARESOFT, ORACLE & CIO NETWORK PRESENT WEB 2.0 FOR NEW JERSEY TECHNOLOGY COUNCIL ON JAN 25 AT ORACLE

Edison NJ, January 10 - 2007- Caresoft, Oracle & CIO Network present Web 2.0 for New Jersey Technology Council on Jan 25 at Oracle. Titled: Web 2.0 -- The Debate is On! This would be a round table discussion addressing Web 2.0.

Facilitators
Deepak Khare, President
Caresoft, Inc.
Satvinder Singh, President
Outline Systems, Inc.

Marc Sewtz, Software Development Manager
Oracle

Here are the excerpts from the exclusive interview with Caresoft President Mr. Deepak Khare would be published in NJ Newspapers on Jan 25.

Bart: What, in your opinion, is a proper definition of Web 2.0?

Deepak: Web 2.0 is a catchall phrase for a bunch of Technologies, starting from Blogs, RSS, Wikis, Podcasts, Web Mapping, Social Networking, Collaboration - to - Ajax, SOA, Web Services Virtualization. Clearly, there is some Smoke and Hype around Web 2.0 concept. Some people started calling it Bubble 2.0 after News Corp acquired MySpace for $580M and Google acquired YouTube for 1.6B $. But, something is happening here, for sure. The way, companies use the web, is undergoing more than just an incremental change. Web 2.0 is brewing a, sort of quiet revolution with the help of Service Oriented Architecture on a worldwide scale sprawling across the Web. There are literally, millions of contributors around the globe, creating content and hundreds of thousands of developers across the world creating software and applications utilizing these new technologies. There is a lot of innovation going on. These technologies are increasing productivity. They are bringing in new ways of doing businesses and in many instances, completely new Businesses itself. There are companies like Infopia, who have built applications by mashing up APIs from eBay, SalesForce.com and FedEx to create a new level of interactivity between companies and customers of all kinds. So, in short, I would say, Web 2.0 is a phenomenon which is happening right now, in front of our eyes.

Bart: Does this name signify a point in web evolution or is it just a landmark - a signpost - in web evolution?(It has been said that every revolution occurs in stages.)

Deepak: I would say, Technology Publisher O'Reilly really started pushing out the Term Web 2.0 around 2004-2005. Web has evolved over a period of time in a manner that no one had planned for, or thought of. I think, evolution of web illustrates "Survival of the Fittest". Any technology or processes, which were not fit, did not catch on. Any thing, which allowed people to express themselves caught on people's imagination and they started using it. In that sense, Web 2.0 has created a very Democratic Platform, which has given everyone the freedom of speech all around the world. Such openness coupled with collaboration has sparked innovation all across the globe. I think, Businesses are finding new ways every day, of how they can use the Web to do things more efficiently. In that sense, it has been more of a revolution - since it has happened so rapidly.

Bart: Many say the real difference in Web 1.0 vs 2.0 is the shift from software to services - is it this new service tweaking on old software frames that will drive us into new web use.

Deepak: Well, I would say, it is a lot more than that. There are a lot of Legacy Systems out there. They have limitations. Then, you have to worry about the Security aspect as well. So, in lot of cases, you really have to get your software enterprise ready. In some instances, it could be done by tweaking an existing frame, if the frame was really well designed. But, in most cases, you have to either make massive changes or re-write the complete software. But, the good news is that most of the software that a company runs, really does not need to be thrown open to the wide world on Web 2.0. For example, in most cases, your HR and Payroll applications have no need to be accessed by an outsider. So, you can follow the age old advice there - "If it ain't broken, don't fix it.". But, there are a lot of other areas where your company can benefit from throwing some kind of services on the web. For example, if you are FedEx, it makes sense to let people access your tracking system, so they can integrate it in their internal systems. If you are eBay, it makes sense to open part of your Auction System to those who are running Massive Auction businesses on eBay, to help them run their businesses more efficiently. In short, it requires careful analysis to find what pieces of enterprise software, you need to re-design for Web 2.0. Having said that, let me re-iterate, the investment will be well worth it.

Bart: For the business person, how will the new interactive modes of Web 2.0 effect his marketing methods? How will they effect the way he runs his daily business - e.g. are we seeing a change in information flow and access - or has that already come of age?

Deepak: I think, the best thing that Web 2.0, blogging and Wikis have done is, that your reputation precedes you. Most of your customers, potential associates or potential employees will google you up before even meeting with you. Which is good in a way, because it helps them know a lot about you and your company in advance. However, on the other hand, we have to keep in mind, if 100 customers have had good experience, you will be lucky if 1 of them writes about it on a blog. On the other hand, if 1 customer or employee has had a bad experience or even a perceived bad experience, they may run a smear campaign and make you look like the worst company / person on the earth. I think, therefore, it is very important to google yourself and your company from time to time. If you find any thing un-towardly, you need to counteract.

Bart: Finally, about yourself: so my readers may have some idea of your life and expertise, you could you in a few sentences tell where your were born and your work and education history. (Do not feel you have to labor over this - I certainly do not mean to be personally invasive.

Deepak: A Graduate in Mechanical Engineering, Deepak Khare, switched into IT straight out of college. He has been contributing to the development of IT Industry, in various capacities, for about 20 years, now.

During his career as Software Consultant, he worked with prestigious clients like J.P. Morgan, Chase, Hoffman LaRoche, Scholastic, Management Science Associates and Warner Systems to name a few.

He founded Caresoft in the fall of 1994 to provide Software Consulting Services to Fortune 500 Companies. The company has grown steadily, even as the Software Industry itself went through the Bubble and Bust Cycles. As a matter of fact, for Caresoft, major growth started when most other companies in the industry were shrinking.

This steady growth has not gone un-noticed. Caresoft has won many awards on the way. It has been recognized among the fastest growing 50 Technology Companies in the highly competitive market of North East US for 3 Consecutive Years in 2003, 2004, 2005 and 2006. Today, Caresoft is a highly respected name in the Industry well known for Industry’s finest Consulting and Specialty Services integrating state-of-the-art systems.

Caresoft specializes in I.T. for Emerging Technology Companies. It is famous for accomplishing More I.T. in Less Dollars than 99% of the companies can do on their own. Caresoft achieves this by providing a unique mix of Off Shore Software Development, On Shore Outsourcing and On Site Consulting Services.

Deepak contributes the success of Caresoft to a Hard working, Talented and Winning Team that Caresoft has transformed into, over the years.

Deepak also sits on IT Advisory Board for New Jersey Technology Council.

About Caresoft Inc

Headquartered in Edison NJ, Caresoft is a leader in Custom Software Development, Temporary IT Staff Augmentation and Outsourced QA Services. It is known for the highest quality of IT Specialists who have a wealth of experience serving Telecom, Pharmaceutical, Financial and related industries throughout the world.

Caresoft takes pride in the delivery of Operational Excellence, setting ever-improving standards for the software industry. Its Methodologies are derived from leading Industry Think Tanks including 6 Sigma, CMM, IEEE, among others. This dedication to Processes and Methodologies helps Caresoft deliver Consistent Quality on the time, all the time. For more information about Caresoft, please log on to http://www.caresoftinc.com

About New Jersey Technology Council

The New Jersey Technology Council provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC's more than 1,200 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the United States

By collectively representing New Jersey's various technology sectors and the institutions and service companies that support them, NJTC is an effective advocate of public policy that promotes economic growth in the state of New Jersey.

For more details on NJTC and the discussion on W2.0 please visit
http://www.njtc.org/events/indevt.asp?dbid={D26C77C7-AA2F-DB11-9637-0013725A113C}&svdate=N