NEWS and Press Releases

[Press Release] SETU launches first free social media monitoring tool – Veooz.com
Hyderabad (India), 17th October, 2012

Hyderabad (India), 17th October, 2012: Veooz.com, a free online platform that searches and analyzes the user conversations from different social media networks like Facebook, Twitter, Google+, and Blogs has been launched today. The last decade saw a huge surge in the use of social media, generating massive amount of information, opinions, and reviews making it hard to track the social conversations, live trends and insights. Fortunately, now there is a solution.

Veooz, pronounced as views, is a new innovative platform that aggregates and analyzes the buzz around your favorite topics from popular social media networks and puts it all in one place.

The tool presents the pulse of social conversations in the form of Veooz Live Sentiment. It considers all the opinionated posts and offers a real-time measure of social sentiment on a given topic. A Veooz Live Sentiment of +70% means 70% of the opinions are positive. Similarly, if more than 50% of opinions are negative, then a negative rating will be displayed by Veooz.

“Veooz is a first-of-its-kind free online platform that gives a unified view of the live sentiments, current trends, world’s views, and influencers’ opinions on any topic of your interest. With veooz.com, you can track social conversations, see the Live Sentiment on any hot topic and even post your opinions to your social networks. We currently monitor Twitter, Facebook, news comments and blogs, with support for other social media platforms coming soon,’’ says Dr. Prasad Pingali, CEO of SETU Software Systems

The platform has been developed by SETU Software Systems, an Indian startup, following several years of research into semantic search and sentiment analysis. The tool has already analyzed user conversations on over 500 million topics and boasts a processing rate of 100 million views a day.

“With purpose-built powerful crawlers, robust sentiment analysis engine, and advanced NLP techniques, Veooz can process massive amounts of data in near real-time and provide the most accurate sentiments. Built on the back of proprietary state-of-the-art technologies, Veooz can rapidly understand and analyze human generated text,’’ says Srini Koppolu, Chairman of SETU Software Systems.

SETU Software is a Hyderabad, India based technology startup founded by computer science researchers and academicians. The leadership team consists of the two co-founders Dr. Prasad Pingali (CEO) and Prof. Vasudeva Varma (Chief Scientist) and Mr. Srini Koppolu (former corporate VP and MD of Microsoft India Development Center) as its Chairman.

Business Standard's interview with our Founder and Chief Scientist, Prof. Vasudeva Varma
Business Standard - Sep 23rd 2011

Enterprises typically want to stay tuned into buzz around their brands, products or services, especially when it concerns social media chatter. They also like to engage themselves with customers, understand their perceptions, develop insights and use the feedback positively.

Setu Software Systems, an information technology start-up incubated at the International Institute of Information Technology-Hyderabad, claims its social media analytics platform provides enterprises a solution to perform these tasks.  ReadMore

 
Full Press Coverage - Mr. Srini Koppolu joins SETU as Chairman
21st September, 2011
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Former Managing Director of Microsoft IDC - Mr. Srini Koppolu joins IIIT-HYD Startup as Chairman.
20 th September, 2011

SETU Software Systems (P) Ltd., a company incubated in IIIT-Hyderabad, today announced the appointment of Srini Koppolu as its Chairman. Srini is the former Corporate Vice-President and Managing Director of Microsoft India Development Center. After a 21 year stint with Microsoft, Srini left the company a year back to pursue his dream of contributing to the startup ecosystem and to education in India.

Founded in 2008, SETU is a technology company with strong research foundation, primarily focused in the areas of search and information access technologies using text and natural language processing. Dr. Prasad Pingali and Prof. Vasudeva Varma, research professors at IIIT-Hyderabad, set up the company with the vision of bridging information access barriers using technology.

Announcing the appointment, Dr. Prasad Pingali, CEO of SETU, said: "Our team is very excited to have Srini on board. His experience in building world-class teams and products will be an invaluable addition to the team and will take us a long way in building a very successful company."

On this occasion, Srini Koppolu said: "There is a clear alignment between my passion and SETU's vision. The company's strong technology foundation can lead us to many unique business opportunities and enable us to create solutions for education and social empowerment. I am absolutely positive that SETU will reach greater heights and inspire many other startups in India."

"Our technologies are backed by several years of top-notch award winning research in areas of semantic search and natural language processing" said Prof. Vasudeva Varma, Chief Scientist and Director of SETU. "With Srini coming on board we can accelerate the productization of our state of the art technologies and become a very successful India based company coming from a university setup."

SETU, which was spun out of a research lab in IIIT Hyderabad after years of R&D by its founders, provides enterprise solutions in the areas of Local Language Search, Enterprise and Semantic Search, Social Media Monitoring and Automatic Text Summarization. The client list of the company includes Samsung, Rediff, Manipal Universal Learning and many government agencies.

The company supports search in more than 70 world languages through its Local Language Search technology. The award winning Enterprise and Semantic Search technologies provide the enterprises with intelligent and contextual search capabilities for their intranets. The company is also actively working to apply these technologies in the education domain with an aim to make high quality learning more affordable to wider audience. The Social Media Monitoring Platform analyzes and reports the buzz of a product/company on the web and helps the enterprises know their businesses better. The Automatic Text Summarization platform can provide the end user with a concise and highly informative summary.

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SETU wins Jury - Special Mention Award, in the Consumer Product category, by ITsAP – Advantage AP '2011.
ITsAP - March 2 2011

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Hyderabad, 2nd March 2011: The IT and ITES Industry Association of AP – [Formerly HYSEA], has announced its annual awards for the year 2009-10 during its 19th Annual Software Products’ Showcase and Awards. This year the Software Product Showcase was part of the larger Two Day Conference and Exhibition Advantage AP 2011 organized jointly by IT&C Department, Government of AP, ITsAP and STPI with the twin aim of branding AP as the most preferred IT destination and creating a platform for the Software Products and Services Companies - especially from the SME segment from the State of AP to interact with CIO's / investors and end users of IT at All India level.Read More

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myDrona was launched for private beta.
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SETU gets listed in “75 Startups You Can Bet On” released by CYBERMEDIA’s DARE Magazine.
CYBERMEDIA - June 1 2010

1st June 2010, DARE PEOPLE - 75 STARTUPS YOU CAN BET

This is possibly the one story that DARE worked the longest on. DARE started off by asking people to nominate startups and telling them why they think they would bet on that particular startup. DARE received over 600 nominations. Then started the task of collecting secondary data on each of the nominations to figure out whether they pass our definition of a start up. The process of reaching the final shortlist involved many steps.Read More

SETU wins Best Product Startup Award, in the Enterprise category, by ITsAP – Advantage AP ' 2010.
ITsAP - March 13 2010

13th March 2010, 18th Annual ITsAP Software Products’ Showcase and Awards.

ITsAP Recognizes the best software services companies and software products from AP at its 18th Annual Awards and Software Products’ Showcase and Conference 2010.

ITsAP - The IT and ITES Industry Association of AP – [Formerly HYSEA], announced its annual awards for the best software services for the year 2008-09 and for innovative software products from various companies from Andhra Pradesh during its two day 18th Annual Software Products’ Showcase, Awards and Conference 2010 on 12th and 13th March, 2010 at HICC, Hyderabad.Read More