KPIT
Cummins Infosystems and SYSTIME have announced that KPIT Cummins has picked up 50
percent stake in SYSTIME, an Oracle JD Edwards solution provider.
This
partnership emphasizes KPIT Cummins’ focus on providing Oracle-based solutions
and services, and strengthens the company’s position as a contender for large
Oracle deals in the manufacturing and energy and utilities space.
For
the past two years SYSTIME has maintained a strong presence in the Brazilian
manufacturing industry, and with the new SYSTIME partnership, KPIT Cummins
will be able to establish a footprint in the region.
By
combining local experience with deep domain expertise, KPIT Cummins and
SYSTIME’s offerings will include implementations, applications support and
services for companies using Oracle and Oracle JD Edwards solutions.
Brazil
is amongst the fastest growing emerging economies with a large and deeply
rooted manufacturing industry. Many of our European and North American
automotive and manufacturing customers have established manufacturing centers
in Brazil – as a result, this is an important and high growth geography for
KPIT Cummins. SYSTIME’s presence in Brazil will provide KPIT Cummins the
required head start into the local market. We are confident that our combined
and complementary strengths in the Oracle and JD Edwards space will help create
a leadership position for us within the larger Oracle ecosystem,” said Kishor Patil, MD and CEO, KPIT
Cummins.
KPIT
Cummins’ strong Industry expertise and a comprehensive suite of Oracle based
offerings complement our strong relationships in the Oracle JD Edwards’ space,
and we are confident this will enable us to offer better value propositions to
the Oracle JD Edwards community. Our partnership will also now strongly focus
on the Brazilian manufacturing industry. Over the last two years of SYSTIME’s
operations in Brazil, we have significantly penetrated the local manufacturing
industry and I am confident that with the robust team and wider Oracle Suite
expertise of KPIT Cummins, we will further strengthen our partnership with the
Brazilian manufacturing industry,” Vishal Grover, president and CEO, SYSTIME.
By
Telecomlead.com Team
editor@telecomlead.com