Business Daily from THE HINDU group of publications Friday, Sep 22, 2006 ePaper |
|
|
|
|
|
|
|
Info-Tech
-
Software Infor consolidates operations Our Bureau
Hyderabad , Sept. 21 Enterprise software company, Infor, is set to consolidate its operations and will induct its product teams working at Sonata Software in Bangalore and HCL into their company operations in Hyderabad. The units at Sonata and HCL for Infor were being managed under the build-own-transfer model. With Infor having presence in India, these development teams will now be with Infor. This move follows the restructure process the company completed after the acquisition of SSA Global, another enterprise software company. The Chairman and CEO of Infor, Mr Jim Schaper, who is also a Partner at Golden Gate Capital, which acquired SSA Global, said that India's small and medium enterprise market, where Infor can play a significant role, offers immense scope for growth. "Of the 10,000 small and medium sized enterprises in India in the manufacturing sector, barely 1,000 have deployed enterprise resource systems and enhancements to them. As a company, which has over 70,000 customers globally, majority of them small and medium, we have the expertise and the range of products that meet their distinct requirements. This could also mean software as a service in some areas of operations," Mr Schaper told newspersons. The company would invest up to $10 million in India, and though no decision has been taken as yet on the nature and scope of investments in India, this could be potentially hiked given the scope of engagement, he said.
More Stories on : Software
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, 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
|