Financial Daily from THE HINDU group of publications
Friday, Nov 11, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Info-Tech - Software


DataStream upbeat on Indian market

L.N. Revathy

Coimbatore , Nov. 10

DATASTREAM Systems, provider of asset performance management (APM) solutions, is upbeat about the Indian market.

The company is confident of its flagship product — DataStream 7i — dominating the market considering the size and potential of the manufacturing sector in India.

"DataStream's plan is to stay focused on the identified vertical in 2005-06, create reference sites for 7i systems and build positive case-studies. After establishing credibility through references in asset-intensive industries such as power, utilities, infrastructure and manufacturing, we will move further," Mr Anantharama Balachandran, Business Development Director of the Singapore-based company, told Business Line.

"APM solutions should not be confused with maintenance management systems. APM is of recent origin, as organisations world over have become more cost-conscious. The focus hitherto was on revenue targets. Though managements stress the need for cutting down on costs, they had never pegged it to under-performing capital assets. APM is the secret of making significant reductions in operating expenses. It is the solution to achieving hidden profit potential and avoiding costly operating surprises," he explained.

When asked to differentiate between computerised maintenance management systems (CMMS) and APM, Mr Balachandran said: "In any field, be it sports, arts or business, top performers strive at optimising their assets. Yet in business, the performance maximisation of capital assets takes a back seat as management goals are in pursuit of top-line growth. This will enable organisations in not just optimising their assets but in improving their operational and financial results as well."

DataStream 7i solution would help customers maintain and manage capital assets such as manufacturing equipment, vehicle fleet and building.

The company's focus at present, he conceded, was on the manufacturing sector, where 90 per cent of the customers use the MP2 solution. "The India market is looking for cost-effective solutions. As the locations of plants are in remote industrial areas, the demand for client server architecture solutions to meet the CMMS needs is on the rise," he added.

The company has initiated discussions with six customers (mostly in the North and West) the last couple of months. "We are confident that more customers will upgrade to the 7i solution as the APM concept gains ground as against a simple preventive maintenance system," Mr Balachandran said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Surge in purchase of liability cover by IT, BPO entities


Entry norms eased, licence fee cut for NLD, ILD players — Long distance phone tariffs set to drop
Industry lauds Govt's decision to ease norms for NLD/ILD players
Airtel announces `free flight offer'
Govt in favour of ADC regime based on revenue share model: Maran
Avalon to start another facility in MEPZ
Satyam exits Sify; entire stake sold to Infinity Capital of US for $62.62 m
Flextronics Soft rolls out corporate ethics to its merged entities
DataStream upbeat on Indian market
Infotech bags SP AusNet deal
Recognition for Wipro tool
Panacea Tamil open source tool
Tally Solutions issues 4.5 lakh licences of VAT accounting software
IEE, IIE merger to form Institute for Engg & Tech
Ayurveda therapy soon for computer-related diseases
CSI to help take ICT to the common man
e-World CD release
Nimaya Tech to expand, receives venture funding
Faraday medal for Azim Premji
Intergraph CEO sees growth in spatial, GIS market
`Processors driving changes in embedded design'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line