Business Daily from THE HINDU group of publications
Saturday, Mar 22, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Saturday, Mar 22, 2008 ePaper | Mobile/PDA Version |
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Info-Tech
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Outlook Marketing - Software JDA Soft invests $8 m in Hyderabad centre V. Rishi Kumar Hyderabad, March 21 JDA Software, the retail and supply chain technology solutions provider for some of the world’s largest retailers such as Wal-Mart and Tesco, is upbeat on the Indian market and has invested $7.8 million in a new centre of excellence here. The company has also created a separate team for consultancy and is looking at India and the region to expand its business, product development work and global support services. The Regional Vice-President, JDA, Mr Rod Talbot, said that the company has already acquired some major customers in the retail business and is also exploring potential in other verticals such as manufacturing, including automotive segment. Mr Talbot told Business Line that the company had completed the acquisition of Manugistics for $220 million and has now expanded the company product portfolio and services. What is interesting about supply chain solutions is that some of the large retailers want even their suppliers to have necessary technologies to track movement of goods. This brings in a multiplier affect, he explained. The Director of Consulting Services, JDA Software India, Mr Abel Correa, said “the Indian market is now at a growth phase and we have some of the fastest growing retailers such as Shopper’s Stop, Reliance Retail, The Essar’s Mobile Chain with over 4,000 stores, Globus among others. Consultancy practice“By creating this centre of excellence, we have added the consultancy practice here and expect to work with customers right from guiding them to implementation of our technology solutions with systems integration partners such as Satyam and HCL,” Mr Correa said. “Given the business slowdown in the US most companies are looking at expanding their presence in India and the region offering opportunities to serve them. From about 10 per cent of total business coming from the region, we expect this to go up to 15 per cent,” Mr Talbot explained. More Stories on : Outlook | Software
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