Mumbai: Core Projects Technologies Ltd and IBM have teamed up to offer IT solutions in the education sector to the central and state governments.

Core Projects & Technologies Ltd and IBM will work together to innovate and provide IT solutions in multiple areas of education and government space, including the Sarv Shiksha project, the two said at a news briefing.

Core Projects has already developed a total solution for the government of Jharkhand, which enables it to track funds allocated by the central government for various aspects of the programme. It also allows the state government to assess individual progress and performance of students and teachers.

"We are in negotiations with various states for providing this solution. The present system that Core has made available to Jharkhand government is not on an IBM platform but the one coming up in the other states will be on the IBM platform,'''' said IBM country manager (government and education) Satish Kaushal.

Kaushal added that these states were looking at replicating the success story of Jharkhand and said that the finances for the project will come from the component of Sarv Siksha Project, which earmarks one per cent of the total allocation towards IT solutions.

''''We will be soon making a presentation to the Ministry of Human Resource & Development on the IT solution availability,'''' Core chief executive Prakash Gupta said.

In May 2007, the company successfully closed its FCCB issue of $80 million, and the same were listed in Singapore Exchange Securities Trading Ltd (SGX). Part of the proceeds (Rs43 crore) from this was invested in building a core knowledge centre.