Business Daily from THE HINDU group of publications
Thursday, Nov 30, 2006
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Business Daily from THE HINDU group of publications Thursday, Nov 30, 2006 ePaper |
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Info-Tech
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Alliances & Joint Ventures Cambridge in tie-up with Dassault Our Bureau
Bangalore Nov. 29 Cambridge Solutions Ltd has tied up with Dassault Systemes Americas Corp on Wednesday to deliver and market the latter's product lifecycle management (PLM) solutions in the US. Cambridge will be a systems integrator, development house, and business process outsourcing (BPO) provider to market, resell and support Dassault's product and solution capabilities to different industry segments. Cambridge will make investments to enhance its ability to resell the suite, and will immediately focus on specific accounts in the mid-market segment. At present, Cambridge derives revenues to the tune of $5-6 million from its PLM practice, accounting for about five per cent of the company's IT revenues, said CFO, Mr Pradeep Chaudhry. Further, Cambridge has seen a good response for PLM solutions in the Indian market, he said. The Cambridge scrip ended flat on the BSE at Rs 117 on Wednesday.
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