Datamatics to open center in Chennai

Datamatics Technologies will open a new center in Chennai for its STM
publishing customers. Also, the company that specializes in content management
is shifting its focus towards back office operations.

Datamatics has a JV with US based Cadmus for STM pub-lishing business. Out of
the 80 customers that the company currently has, this JV has seven customers.
The 25,000 square feet facility in Chennai would cater the needs of all the
dome-stic and international custo-mers of Datamatics. The JV has staff strength
of 200 people, which are based in Mumbai and plans are on to move around 50
people to Chennai in the first phase.

Manish Modi, CEO, Data-matics, said, "Cadmus already has 35 percent
marketshare in the US and we are the major player in Indian and European market.
As part of our expan-sion plan, we intend to open new facility in Chennai."

The JV expects to cross $ 2 million revenue mark in couple of years. The
company's core strength lies in content mana-gement, back office processes and
related software services. Content management currently contributes 60 percent
in company's revenues, while back office contributes 30 per-cent. Rest of the
revenue comes from related software service revenues.

Rahul Gupta

Mumbai (CyberMedia News)