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Is it possible to know if your consignment is tampered during the course of its shipment? Can you think of a vehicle which pilots itself through heavy traffic without a driver?
They are in the realm of the possible in future, believes CMC Ltd, a subsidiary of Tata Consultancy Services. “These are some of the next generation products on which we are focussing now,’’ its Managing Director and Chief Executive Officer, Mr R Ramanan, told Business Line here on Thursday.
CMC’s R&D initiatives were aimed at creation of next generation products based on design and application frameworks. “We are working closely with our clients and tier II suppliers in intelligent container and content tracking besides automotive transport technology,’’ he said.
The Rs 1,469-crore company is also focusing on integrating mobile and analytics in each of its projects.
“Embedded real time systems are going to play an increasing role in the days to come,’’ he said.
EXPANSION
For the time-being, the company would prefer organic growth to acquisition-led expansion models. “I think, we still need some more time to handle acquisitions,’’ Mr Ramanan said.
On the on-going, Rs 445-crore Special Economic Zone project in Hyderabad, he said a development centre with a seating capacity of 2,800 had become operational in January 2012.
The work on the phase III with a seating capacity of 3,500 is now in progress. The company had invested Rs 227 crore in the project as on March 31, 2012.
On the likelihood of complete merger with its parent, TCS, Mr Ramanan said the synergies between the two were ‘very good’.
About 51 per cent of revenue was coming from synergies with TCS and there was no need for merger, he added.
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