eSymmetryx commences operations in Bangalore

eSymmetryx Technologies, a new company focused on the emerging field of Collaborative Product Enterprise (CPE), was formally launched at Bangalore. The company will develop customized solutions, based on its `digital foundation' suite for vertical market segments such as aviation, aerospace, automotive, defense, engineering, machine tools and hi-tech manufacturing. 

The company's solutions will enable enterprises in these industries to collaborate around every part of a product, providing a single interface and common platform throughout the product life cycle. 

Speaking on the occasion, Gerard J Rego, CEO, eSymmetrix, said, "CPE with its part-centric approach will focus on enabling aerospace, aviation, automotive, defense, engineering, machine tools and hi-tech industries to bridge the knowledge gap in the areas of inventory management, supply chain integration and management, global support of products, spare parts and product relationship management."

eSymmetryx is an iForce partner under the iForce partnership program. As part of this program, eSymmetryx will use Sun platforms, technologies and support to address global market opportunities. 

eSymmetryx, which started its operations with an equity base of Rs one crore, invested by three of its Directors, is planning to raise $ 1 million VC funding shortly. The company is in the process of setting up offices in Germany, South East Asia and USA for customer project support and business development. 

ESymmetryx Technologies will be partnering with global technology and solutions companies to integrate digital foundations suite of solutions in the areas of ERP, SCM and marketplaces, and implement customized solutions.