CHAPTER-1

INTRODUCTION AND COMPANY PROFILE

INTRODUCTION

Internship Report upon completion of their internship The IT industry is primarily

concerned with the software development, design,production deployments of productsInternships
are generally thought of to be reserved for college students looking to gaintraditional
methodology to the new era software methodology, either by adoption or adaptation. From this
point of view, agile is a common use and practice in software development project. Agile
principles with the core values produce agile manifesto to cater different software development
process background by agile practitioners. Agile characteristics suit to a current software
development demand that needs rapid development and customer satisfaction. Mobile
technology is one of the modern technology
experienceinaparticularfield.However,awidearrayofpeoplecanbenefits

OBJECTIVES

 Help the student develop written communication skills

 Serve as an archival record of the internship experience

 Give the student an opportunity to reflect on the professional aspects of the internship

experience and the skills that were learned

 Allow the student to describe the content of the internship

 Have the student to reflect on the initial goals of the internship and how they were (or

were not) achieved during the internship

NEEDS FOR THE STUDY:

 To study the department of the company.

 To understand the opinion of employees towards company.
 To understand the various products manufacturing by company
 CHAPTER 2
COMPANY PROFILE

Qbrainx india private limited is a tamil nadu based private ltd. company registered at

dated 26-apr-2019 on ministry of corporate affairs(mca), the corporate identification number

(cin) of qbrainx india private limited is u72200tn2019ptc128944 and egistration number is

u72200tn2019ptc128944 it has been classified as company limted by shares and is registered

under registrar of companies chennai india. authorized share capital of qbrainx india private

limited is rs. 1000000 and its paid up capital is rs. 100000. it aspire to serve in computer and

related activities activities across the india.

Our Mission

We are committed to empowering and strengthening businesses across multiple domains

to make them the best in their respective fields. QBrainX adopted a clean work environment to

enhance the mood and productivity of its employees, because eventually in a well-kept,

environment the employees will feel more comfortable.

Innovation at QBrainX

QBrainX management promotes creativity and innovation in the workplace at all times.

Innovation leads to growth and new features/ideas required to be developed by the company.
OUR SERVICES AND PRODUCTS

OUR IT SERVICE MANAGEMENT:

OUR MICROSERVICE ARCHITECTURE

IT CONSULTING AND SERVICES:

QBrainX propels digital transformation for organizations all over the world by providing

IT consulting and software development services. Our IT services have facilitated business

performance improvement and speedy client acquisition for our various global clients.
SAP SERVICES:

Our Partnership
ORGANISATIONAL PROFILE

Company name: Qbrainx India Private Limited (QIPL)

Founded:2018 (5 yrs old)

Headquarters: Troy Michigan, United States (USA)

CEO :Lakshman

Type of Company :Startup

.Office Locations:Coimbatore| Visakhapatnam Dubai

Company Email ID:[email protected]

Company Contact no: 2486067880

Website:qbrainx.com
 CHAPTER 3

3.1 INTRODUCTION AND FUNCTIONAL AREA

Interns' goals are generally to gain valuable work experience, in an industry that interests them,
while they're still in school, or just recently graduated. If students aren't sure about what to
choose for their college majors, working in a certain field for a summer or semester can help
them decide if that's really a career they want to pursue. Or, as is more often the case in these
economically challenging times, if entry-level jobs are hard to find without work experience,
recent graduates may gain that experience by completing an internship.

However, just because college graduates are working in the business for free, don't make the
mistake of thinking that interns are there to do all the work you don't want to do. Their job is not
to get your coffee or pick up lunch when you're too busy to go yourself. Interns are not 'slave
labor.' Make that assumption, and you'll probably end up with one big headache.

The best way to start your search for an intern is to define clearly what YOU need. For instance,
if you have a small start-up company, and you need someone to set up your office administrative
systems, you could look for a student majoring in office management or business.

3.2 RESEARCH AND DEVELOPMENT FUNCTION

NEW PRODUCT RESEARCH

Before a new product is developed, a research and development department conducts a thorough
study to support the project. The research phase includes determining product specifications,
production costs and a production time line. The research also is likely to include an evaluation
of the need for the product before the design begins to ensure it is a functional product that
customers want to use.

NEW PRODUCT DEVELOPMENT

The research paves the way for the development phase. This is the time when the new product is
actually developed based on the requirements and ideas created during the research phase. The
developed product must meet the product guidelines and any regulatory specifications.

EXISTING PRODUCT UPDATES

Existing products of the company also fall under the scope of research and development. The
department regularly evaluates the products offered by the company to ensure they are still
functional. Potential changes or upgrades are considered. In some cases, the research and
development department is asked to resolve a problem with an existing product that malfunctions
or to find a new solution if the manufacturing process must change.

QUALITY CHECKS

In many companies, the research and development team handles the quality checks on products
created by the company. The department has an intimate knowledge of the requirements and
specifications of a particular project. This allows team members to ensure the products meet
those standards so the company puts out quality products. If the company also has a quality
assurance team, it may collaborate with research and development on quality checks.

INNOVATION

The research and development team aids the company in staying competitive with others in the
industry. The department is able to research and analyze the products other businesses are
creating, as well as the new trends within the industry. This research aids the department in
developing and updating the products created by the company. The team helps direct the future
of the company based on the information it provides and products it creates.

3.3 MARKETING DEPARTMENT

Introduction

Marketing is a comprehensive term and it includes all resources and a set of activities

necessary to direct and facilitate the flow of goods and services from producer to customer in the

process of distribution.
 Marketing are responsible for ensuring that products appear in the right store at the

appropriate time and in the correct quantities. This involves working closely with the buying

teams to accurately forecast trends, plan stock levels and monitor performance. While the buyer

selects the lines, the merchandiser decides how much money should be spent, how many lines

should be bought, and in what quantities. In smaller companies, te same person may be

responsible for both buying and merchandising.

3.4 ACCONTS DEPARTMENT

Accounts department performances is very important function in the organization. One financial

director and one accounts officer, two accountants are in employed. This department maintains

accounts in efficient manner. The accounting system was fully computerized.

Accounts officer maintain the delivery bills, salary vouchers and purchase bills.

Functions:

1. Maintain the records are an orderly manner.

2. Checking and passing of bills of payments.

3. Making advice the banker and customer.

4. Submitting and passing of bill of payments.

5. Making payments of wages and employees.

Book Maintained:

1. Cash Book

2. Bank Book

3. Purchase Book
 4. Petty cash Book

3.5 FINANCE DEPARTMENT

Introduction:

Finance is life blood of business enterprise. Especially in the modern economy finance

plays a vital role in each and every activity of a business. In fact without finance nothing can be

done n a business firm. Firms produce or sell the goods or services to earn profit. They raise

funds to acquire manufacturing and other facilities. A firm secured whatever capital it needs and

employees it in activities which generate return on invested capital. No matter whether the

business is big or small, finance is the guide for regulating investment decision and expenditure.

Efficient management of its finance. Aims of finance department.

The finance department of a business takes responsibility for organizing the financial and

account affairs including the preparation and presentation of appropriate accounts, and the
provision of financial information for managers. The main areas covered by the financial

department include: 1. Book keeping procedures.

Keeping records of the purchase and sales made by a business as well as capital spending.

These records today are typically kept on computer files.

But we still use the term ledger entries to refer to the days when all financial transactions were

carefully recorded in thick books (ledgers)

2. Creating a balance sheet and profit and loss account. Financial statements need to be

produced at given time intervals, for ample at the end of each financial year. Trial balances are

extracted from a ledger entries to create a Balance sheet showing the assets and Liabilities of a

business at the year end. In addition records of purchases and sales are totaled up to create a

Profit and Loss account.

3. Providing management information

Managers require ongoing financial information to enable them to make better decisions.

For example , they will want information about how much it costs to produce a particular

product or service, in order to assess how much to produce and whether it might be more

worthwhile to switch to making an alternative product.

4. Management of wages

The wages sections of the finance department will be responsible for calculating the

wages and salaries of employees and organizing the collection of income tax and national

insurance for the Inland Revenue.

3.6 HR DEPARTMENT

One of the key challenges for Human Resources departments around the world is to
deliver measurable and consistent proof of their performance. Some aspects of work can be
reflected in churn or new employee acquisition. On the other hand, though, the HR dept is in
charge of multiple day-to-day activities that deliver little to no opportunity for providing a
quantifiable output.

It is the HR depts responsibility to build the culture or maintain the smooth day to day
work of employees. And this is what all the procedures codified in HR documentation are
delivered for. If the procedure is properly designed and followed, all the non-measurable goals of
the HR dept are met. And if not – the procedure is the codified instruction that can be updated if
the bottleneck is spotted.

By that, this document is more to-the-ground and detailed than the job description. An ideal job
profile includes:

 Key responsibilities,
 Experience,
 Necessary skills,
 Education,
 The physical demands of the job,
 Level and department,
 CHAPTER 3

SWOT ANALYSIS

4.1 INTRODUCTION:

 A technique that enables a group or individual to move from everyday problem to a

traditional strategies

 SWOT analysis look at out strengths, weaknesses, opportunities and threats that our
business faces.
 The SWOT analysis frame is very important and useful tool to use in marketing
management and other business application
4.2 . STRENGTHS OF QBRAINX

 Easy to use software:

Monopolistic power, strong distribution channels and good brand reputation but
also because its products are of great quality and really easy to use

 Speed:

Software development can be completed quickly, making it a desirable option for many
businesses

 Strong distribution channels

major computer retailers to make sure computers would be sold with already pre-
installed Windows software

 Customization:

Software development can be customized to fit the specific needs of a company or

project.

4.3 WEAKNESS:

There are also weaknesses to software development. One of the most significant weaknesses is
that it can be expensive. Additionally, it cannot be easy to find qualified developers. The process
of software development can also be complex and time-consuming.

 Slow to innovate

It had an opportunity to be the first player in online advertising but missed the
opportunity. It’s entrance to mobile OS was also too late, while Google and Apple captured the
market share.

 Smaller Advertising

Advertising much smaller compares to other major players in the online advertising
industry like google and Facebook.
 Cost:

Software development can be expensive, which can be a barrier for some businesses

4.4 OPPORTUNITIES:

 Cloud business growth:

QBrainX have gained immense growth and success in recent years. Thus, there's an
opportunity for QBRAINX to expand its cloud business.

 Custom Applications:

There is a growing demand for custom applications, which provides an opportunity for software
developers.

 Partnerships and Acquisition:

It will enable the company to gain high market share.

Acquiring major hi-tech firms will also be a profitable opportunity for QBrainX

 Growth through acquisition:

With a huge reserve of cash QBrainX could start acquiring new technology, skills and
competence to the business.
4.5 THREATS:

There are also threats to software development. Additionally, there is a risk of software
becoming obsolete. The software development process can also be disrupted by outside factors
such as natural disasters or power outages. In conclusion, the SWOT analysis of software
development is varied. It is essential to consider them when making decisions about software
development projects.

 Intense competition in software products:

qbrainx is more than ever on the ressure to introduce successful markets as such
competitors like google and apple have already established positions.

 Aggressive competition:

qbrainx is in intense competition with these companies’ established positions can be a

threat to qbrainx market position

 Changing preferences of consumers:

people are highly attracted to the market of smartphones, notepads, and laptops. qbrainx
has modest shares in these markets.

 Cybercrime and piracy:

Rising cybercrime thefts and software piracy issues have dramatically affected
Microsoft’s security network system.
4.6 COMPETITOR PROFILE

Competitive Landscape-

Companies like MetaSphere Tech and software like EGLtech are its competitors who
have existing human recourse management system software in the market and are continuously
innovating into it. Though there are no direct competitors, there are chances of these companies
to step into this system
Distribution-

The distribution of this software will be restricted to metro cities of India till first year
and then-after will be made open for selling it throughout the country. After catering to Indian
clients satisfactorily, it would be made open into global market after updating up certain features
prevailing at that time.

Sales Plan-

The response from customers is predicted through marketing activities and product
specifications. The clients won’t be attracted through the tag of low priced human resource
management system. The product is highly marketing focused and it won’t compromise on any
mediums to push up sales.

External Marketing and Sales Plan-

1. Cross Selling- The product will be first pitched to existing customers of the company
who has strength of more than 200 employees, which will help in getting initial feedback
for the product.
2. Market research- A list of companies likely to buy our product should be prepared
through market research. It should be made on according to the market we are targeting.
3. Direct Selling- Sales team will pitch the product to the organisations according to the
research conducted and generate leads.
 4. SEO Strategy- Most likely keywords would be used as SEO and organically the team
would try to bring up the website at least in top 3 when one searches for HRMS or words
related to it.
5. E-mail Marketing- E-mails would be sent to HR executives of the organisation who
have more than 200 employees on a timely basis to create awareness about the product.
6. Global Distribution- To make the product reach world market, it would partner it with a
well known local company in foreign country and give the rights to them to sell it in their
particular region.
7. Google Ad-sense- Google ad-sense would be used on HRMS related keywords that will
show up our advertisement to the person searching for HRMS related software.

Ongoing Support-

The product will be modified until the extent is possible according to different customer
demands. Also, a constant R&D would be assigned to add more and more features to the
application to fulfil the objectives mentioned. The update of the application would be offered
free of cost to the organisations already being subscribed with the application.

4.7 ISSUES AND CHALLENGES:

The following are the challenges which faced by Qbrainx ltd

COSTS

Growing your software business can come with incredibly high costs. Because the market has
grown, the software company also has to increase the rate at which they develop the software to
cope with the high demand. Also, the international money exchange rates are always fluctuating,
making it costly when trying to budget effectively

PRODUCT PRICING

Pricing is a significant challenge for Qbrainx company, primarily in the global market. The same
price will not have the same magnitude in every country.
CULTURAL VALUES :

Positive cultural values play a vital role in the success of a Qbrainx company. Culture is
diverse, and it changes across the globe when you move from one region to another. The values
of the people in a particular area determine if your product will thrive or fail in that region.

SOFTWARE PIRACY

Software piracy is a global issue that is facing many software companies. While it seems
that hackers or professional coders are the main offenders in piracy, anyone can be a software
pirate. Stealing software that is protected legally is an offense that is punishable by law.
However, many software companies have a hard time trying to control their content from being
pirated. To protect their software products from piracy, they need effective anti-piracy solutions.
 CHAPTER 5

LEARNING SUMMARIZATION
Internship is the process of goals are generally to gain valuable work experience, in an
industry that interests them, while they're still in school, or just recently graduated. If students
aren't sure about what to choose for their college majors, working in a certain field for a summer
or semester can help them decide if that's really a career they want to pursue. Or, as is more often
the case in these economically challenging times, if entry-level jobs are hard to find without
work experience, recent graduates may gain that experience by completing an internship.

However, just because college graduates are working in the business for free, don't make the
mistake of thinking that interns are there to do all the work you don't want to do. Their job is not
to get your coffee or pick up lunch when you're too busy to go yourself. Interns are not 'slave
labor.' Make that assumption, and you'll probably end up with one big headache.

FINDINGS:

 Interns are an inexpensive way to try out new talent – they often work for little or no
money. If you like the work they do, you can always make them an offer of a permanent
job.
 Interns usually work very hard – they want an opportunity to show off their talent.
 You can increase your department's productivity without hurting your budget, so you can
probably get more work done for less money.
 You have the satisfaction of knowing that you're really helping out young professionals
by teaching them valuable skills, and getting them started in their careers.
 If you bring in interns from college, they can bring new energy and a different attitude to
your office. This may have a positive effect on your permanent staff.

SUGGESTIONS:
 Finding and training interns can be quite time-consuming.
 If interns aren't already self-motivated, it can be difficult to keep them motivated to work
hard.
  Defining the roles of interns can be challenging. You don't want just to give them the
tasks that no one else wants to do, or they're likely to become unmotivated and unhappy.
 If interns' experiences are negative, they could potentially damage your company's
reputation by complaining to their schools, classmates, and friends.

CONCLUTIONS:
This report has presented a quantitative SWOT analysis for a leading IT company in
south India, aimed at helping the company management to formulate their long range and short
range strategy This study helps them to concentrate the highly important SWOT variables rather
than less important variables for their strategic planning. Also, this article brings the new
dimension to the SWOT analysis to involve all the top management and managerial level staff
members in building their strategy. This will bring the team members input from the strategic
planning stage.If you don't have an open position or the funds to hire your interns, then write
them great letters of recommendation. List details of what they accomplished during their time
with you, and what you think their best strengths are. This letter is something they can use for
future job searches, and they'll be grateful you took the time to help them in this way.
REFERENCES

WEBISTES

 human resource management

 https://www.qbrainx.com/

 www.google.com