Sundaram Infotech Solutions bags 3 ERP deals

Published: 12th November 2013 05:14 PM  |   Last Updated: 12th November 2013 05:14 PM   |  A+A-


Sundaram Infotech Solutions, the IT subsidiary of city-based non-banking finance company Sundaram Finance, today said it has bagged three Enterprise Resource Planning deals, including its first onsite deal in the UAE.

However, it did not disclose either the name of the three companies or the value of the deals.

Besides the UAE firm, its signed deals with a leading mortgage aggregator in Australia and a public sector undertaking offering port services in India, a company release said.

Sundaram Infotech, which has an office in Sharjah, recently bagged its first - on-site deal, for implementing a wide range of solutions covering various verticals using Microsoft Dynamics AX for one of the largest perfume manufacturers in the United Arab Emirates, it said.

This deal strengthens the revenue for the company in terms of project implementation revenues and ongoing revenue stream through ERP license and support fees in UAE, it said.

It was eyeing to more than double its business contribution from Middle East region over the next 12-18 months, the release said.

As part of the IT consulting deal with the Melbourne-based mortgage aggregator, the company would carry out an IT platform study both in the existing software application space as well as in the mobility space.

On the pact with PSU, it said: "Through this ERP deal, Sundaram Infotech will revamp the finance and materials management modules for the PSU using the Microsoft Dynamics AX," it said.

"..the deals in the UAE and with a leading PSU in India are important breakthroughs for Sundaram Infotech. We are confident of expanding our reach, both geographically in UAE and vertically in the government space in India over the next 12-24 months," Sundaram Infotech, CEO, Deepa Ramesh said.

Sundaram Infotech offers ERP solutions in manufacturing, retail and distribution, automotive for retail lending in the financial services space. It also offers business intelligence solutions, network management, data centre operations among others, the statement added.


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