WASHINGTON SOFTWARES LIMITED
ANNUAL REPORT 2000-2001
Fiscal year 2001 witnessed many upheavals in software industry. Dot-com
companies causing a ripple effect in other related field felt the major
brunt. The technology stock meltdown has focused attention on the viability
of many listed dot-com companies. But in the panic, one key question has
been largely overlooked: what is it that made some software Companies
The global market for the process industry is estimated to be about US$200
billion in size. Parametric Technology Corporation, one of the largest
software companies has entered into Enterprise Software Partnership with
WSL. Due to its innovative and knowledge based products, WSL has grown
substantially and is now aiming at global markets.
In a short span of actual operations, your company has recorded a sale of
Rs.19.67 crores. WSL is promoted by technocrats experienced in business and
industries, with the support of a qualified team of engineers. The software
'Process Audit' developed by the company enables the process industry to
predict, analyze, monitor, control and guide the manufacturing processes.
It is bi-directional for not only controlling the machines but also gathers
the data from the machines. WSL has the ability and expertise to provide
design solutions for any product range as per the desired specifications.
With this facility, the user industry can not only downsize design
departments but also eliminate drafting departments.
We have focused oil very specialized field i.e. Mechanical designs and
machine-machine interface for the mechanical and Process Industry.
We customize the design software as per the specific requirements of the
industry. The management of a company are seldom aware of the parameters
required at the plant.
Despite the advancements in technologies managements seldom tend to use
them for modernizing design departments and accurate control on Process
Parameters with real time measurement.
For instance when we visited the Design department of a leading company in
India, they were keen on having design software, but unfortunately, the
design department is the last to receive allocation of funds from
management unlike an ERP package. Due to this tendency and reasoning, the
others did not develop this area because fundamental knowledge base and
ideas are needed here. Our software is an advancement over the conventional
design system instrumentation in automatic process plants and man to
As far as the process industry is concerned, it has a good future provided
the quality parameters are ideal without incurring losses in the process
and compromising the capacity utilisation. Some companies can achieve the
ideal products after many trials and errors but their capacity utilisation
comes down drastically. If a Company whether it is an engineering or a
chemical company, cannot achieve the maximum productivity with the highest
accuracy at the lowest cost, the survival of the company and its
competitiveness would be at stake and it would have to exit from the
market. This is the threat posed before not only the Indian industry but
also the global industry. Software is intended to improve their
technological performance and ability and instead of spending their
valuable time to apply conventional methods, they could spend their
brainpower in things that are more creative for advancement and on R&D.
In the software fields, WSL has brought new revolution. Laboratory analysis
done physically today should tomorrow be done automatically with software
through instrumentation. Eventually, the software analyses, controls,
decides and gives the solution. Even if there are 4 plants at different
locations, one process manager siting at one place through the internet can
control all the plants and processes. We keep abreast with developments in
the software and the tools developed worldwide are incorporated in our
In the conventional software, 'scada' was the major advancement in the
process industry. It is a control software, which is user-depend software.
There is instrumentation and through 'scada', one can regulate the
operating conditions like temperature or pressures or speeds from one
place and such decisions have to be taken by the professionals, where the
decision hardly consists of real time measurement. In our customizable
software, 'Process Audit' process knowledge base is created in the software
in such a way that the software can predict, suggest changes in Process
Parameters and control the process directly and can generate several
analytical reports online. This is the drastic difference between
conventional software 'Process Audit' (man-machine interface) and our
software (machine-machine interface).
Regarding competition, this sort of threat comes in every field. The
intellectual property rights protect these products. The gestation period
is about 3 years. It may be advisable that the competitors develop their
own products and form alliance with others to do the business together.
Financially we are as we are a public limited and listed company. WSL's
software system is user-friendly because most technical people do not have
much affinity with computers.
With the idea of converting rigorous scientific knowledge of design into
software for easier application, which provides solutions unlike the
conventional software. Life CAD which in fact is drafting Package. Test
market survey revealed that people are waiting for such things to happen.
We have then decided to incorporate all the knowledge base required for the
design, controlling the entire process so that not only process industries
can use their but also mechanical engineering industries.
We began with mechanical design software. We had identified about 73
packages covering the entire gamut of mechanical engineering industry from
power plant, boiler, process equipment, bulk material handling system,
machine design and automobile parts, etc.
Our package gives design parameters and automatic drafting instantly. It
takes just 5 minutes to develop a design even for complex parts. The
advantages are accurate design in a minimum time frame resulting in saving
on the overhead costs besides quality improvement of the product. This led
us to go in for marketing engineering based software. With the design
engineezing taken care of, we concentrated on the process industry.
'Sci-Tech' is a complete mechanical design-engineering suite. We have
incorporated Sci-Tech Systems, USA from December 1999. The solution has
brought revolutionary changes over the conventional design processes. It is
a comprehensive suite of 73 software solutions. It allows the user to
design the most complex mAchines and machine parts literally within a few
minutes, which otherwise takes days or even months.
'RCC Kit' is a complete solution for RCC design. It is the only civil
engineering software in the world to provide wind and earthquake stress
analysis of building bridges among its many other useful features.
'Watermantech' is a complete water and sewage management technology for
municipal corporations. We are taking up with the World Bank and financial
institutions for financial arrangements to install software at the civil
bodies depending upon their financial conditions. It entails huge software
for water management.
'Engineering desktop' is a unique drafting package with all the necessary
'My business' is a ERP solution for small and medium business houses and
'My home' is a complete family management software for home affairs.