Onward Technologies
Encyclopedia
Onward Technologies is a mechanical engineering
Mechanical engineering
Mechanical engineering is a discipline of engineering that applies the principles of physics and materials science for analysis, design, manufacturing, and maintenance of mechanical systems. It is the branch of engineering that involves the production and usage of heat and mechanical power for the...

 design and IT consulting company headquartered in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

.

Onward Mechanical Engineering services include product design, engineering analysis, engineering documentation, maintenance, manufacturing solutions and training for automotive, off-highway, aerospace, industrial equipment and consumer goods. Its solutions are in product engineering, manufacturing engineering, value engineering, virtual verification and validation with technologies like CAD
Computer-aided design
Computer-aided design , also known as computer-aided design and drafting , is the use of computer technology for the process of design and design-documentation. Computer Aided Drafting describes the process of drafting with a computer...

 and CAE
Computer-aided engineering
Computer-aided engineering is the broad usage of computer software to aid in engineering tasks. It includes computer-aided design , computer-aided analysis , computer-integrated manufacturing , computer-aided manufacturing , material requirements planning , and computer-aided planning .- Overview...

 tools.

Onward IT services include application development and maintenance, enterprise services, software testing, infrastructure management and professional consulting services across the BFSI
BFSI
Banking, Financial Services and Insurance is an industry term of art for companies that provide a range of such products/services....

, manufacturing, healthcare and technology verticals. Its solutions include retail banking
Retail banking
Retail banking is banking in which banking institutions execute transactions directly with consumers, rather than corporations or other banks. Services offered include: savings and transactional accounts, mortgages, personal loans, debit cards, credit cards, and so forth.-Types of...

, service branches, foreign Exchange
Foreign exchange
Foreign exchange may refer to:Finance* Foreign exchange markets, where money in one currency is exchanged for another* Exchange rate, the price for which one currency is exchanged for another...

/trade finance, back office, SWIFT
Swift
The swifts are a family, Apodidae, of highly aerial birds. They are superficially similar to swallows, but are actually not closely related to passerine species at all; swifts are in the separate order Apodiformes, which they share with hummingbirds...

 Connectivity, online banking
Online banking
Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank, credit union or building society.-Features:...

, tele-banking and mobile banking.

Onward is an ISO 9001:2008 and ISO 27001:2005 certified company, with offices in USA, UK, Germany, UAE and India.

History

  • 1991 - Onward was founded with HQ in Mumbai, India.
  • 1992 - Entered into a 50:50 Joint Venture with Novell Inc.,
  • 2001 - CNC Software Inc. authorized Onward to Sell, Support & Impart Training to its products(MasterCAM)
  • 2003 - Onward Technologies is restructured. It identifies two focus areas--Engineering Design Services and IT Consulting.
  • 2006 - Certified with ISO 9001:2008 & ISO 27001: 2005.
  • 2006 - Expanded Operations in North America with new office in Boston, MA & started Global Delivery Design Center in Pune.
  • 2007 - Analytically Driven Design and Development solutions (AD3) & Virtual Engineering Solutions.
  • 2008 - Expanded Operations with new Delivery & Design Centers in Mumbai & Chennai
  • 2008 - ISO 9001:2000 quality certification for IT Services Business Unit.
  • 2008 - Launched new dedicated facility providing Engineering Solutions to Aerospace Sector.
  • 2008 - Launched Value Engineering Solutions in Thermal Engineering, Water Engineering & Lab products segments.
  • 2009 - Setup Engineering Excellence Centers (EECs).
  • 2009 - Launched new practices of Manufacturing Engineering Services (Fixtures & Tooling) & Manufacturing Solutions.
  • 2009 - Expanded Global Operations in UK & setting up of wholly owned branch in UAE.
  • 2009 - All India Finacle Partnership with Infosys for Implementation, Training & Customization at 3000+ bank branches.
  • 2010 - Expanded Operations in 100% owned subsidiary in Germany.
  • 2010 - Setup of Prototyping and Testing Centre in Pune, India.
  • 2010 - Dedicated Off-shore Design Centers globally with associates strength of 1500.
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