It­tiam’s Roy­al­ties Con­trib­ute Over 35% to Rev­enue

Voice&Data - - TELE - S TAT S -

It­tiam Sys­tems has an­nounced that its an­nual rev­enue crossed the $20 mn mark for the fis­cal year end­ing March 2012. Sig­nif­i­cantly, royalty in­come con­trib­uted to more than 35% of this rev­enue, with the In­tel­lec­tual Prop­erty (IP) li­cens­ing busi­ness model. The com­pany has played a pi­o­neer­ing role in In­dia to have de­ployed the IP li­cens­ing model.

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