Amtex Systems announced the launch of InfoBuild India, a new venture floated
by the company in association with Information Builders. The new company will
take care of sales, maintenance and support of 'WebFocus' which is a business
intelligence (BI) solution. WebFocus is designed to help enterprises make better
and informed decisions, ensuring higher productivity during the current
challenging market conditions.
C Chandramouli, IT Secretary, Govt of Tamil Nadu formally unveiled the
venture in Chennai on Oct 16, 2008. InfoBuild India will operate in India with
its headquarter in Chennai. The company has already set-up its office in Delhi.
Amtex Systems has committed an initial investment of Rs 20 crore to the new
venture and has hired over 150 professionals in the first phase to provide
marketing, sales and maintenance support for WebFocus and iWay software adaptors
of InfoBuild.
Sunny Pokala, President, Amtex Systems said that the primary intention of
InfoBuild India is to support the existing clients of WebFocus across India.
Pokala said that the company aims to generate Rs 100 crore in the first two
years of operations.
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(L-R) Dr C Chandramouli, IT
Secretary, Tamil Nadu; Sunny Pokala, President, Amtex Systems and Zine
Boukili, Director-Product Development, Information Builders during the
launch of InfoBuild India |
InfoBuild proposes to take the BI solutions of WebFocus through both direct
and channel route, where it would tie-up with solution providers and system
integrators across the country.
Explaining the reason behind launching the company during a slow down period,
Pokala said, "BI is a solution that would benefit companies during these
difficult times by identifying the voids in the business and keep the companies
informed about that. It will also increase the productivity by cutting
unnecessary expenses," Pokala said.
The company will primarily target retail, BFSI, telecom and manufacturing
sectors for taking the product ahead.