Infotech Enterprises, IBM enter into agreement to provide PLM and engineering solutions

30 August 2006

Infotech Enterprises says it entered in to the deal with IBM through its wholly owned subsidiary InfoTech Enterprises America, Inc.

The combination of IBMs global manufacturing industry knowledge, large middleware portfolio and customer relationships along with Infotech's engineering and consulting engineering abilities, will enable the two to address a wide range of PLM implementation and integration needs.

The agreement provides a framework for offering consulting, solutions and integration services by leveraging their combined global delivery capabilities and expertise to suit specific client and market requirements. IBM and the Infotech will provide project management enterprise integration, design engineering and software technology capabilities to support a wide range of PLM application platforms, ranging from CAE, CAD / CAM / PDM, to SCM and MRO.

Infotech cites NASSCOM estimates that say global spending for engineering services is currently estimated at $750 billion per year and by 2020 the figure is expected to increase to more than $1 trillion.

Mohan Reddy BVR, chairman and managing director, Infotech Enterprises, said, "I'm very excited about this relationship. It will take us closer to our vision or being a full-scale solutions provider in the engineering services space."

Rajan Kasetty, president and CEO of Infotech Enterprises America, Inc., said, "We are very pleased to launch this new services relationship with IBM. Together, our two companies will be able to bring our customers the best combination of Infotech's domain knowledge. in engineering with IBMs systems, software technology, and services capabilities."