iSoft commences India operations

By Our Corporate Reporter

CHENNAI, JAN. 12. The U. K. based iSoft, a key supplier of application systems for hospitals and healthcare organisations today formally inaugurated its 5,600 sq. ft product development centre in Chennai. The centre is an extension of the company's global R&D headquarters in Manchester, England.

Addressing presspersons, Mr. Patrick Cryne, Chief Executive Officer, iSoft group, said the new centre would form an integral part of the company's multi million-dollar research and development programme. As part of three year investment and growth strategy, iSoft planned to make an initial investment of $1 million and take it to $29 million in the third year, he said.

``The objective of investment in Chennai is to maintain an innovative lead in iSoft's application system for healthcare, to develop local expertise and to commit it to health system development, to advance company's growth plans into Southeast Asia and to establish as a centre of the company's product development activities,'' he said. The Chennai centre is in operation for the last two months.

The company's R & D offered its customers with the most advanced software available in the health system market.

The centre was expected to produce software for distribution as early as March 2001. iSoft was adopting Microsoft based application systems and was the sole Microsoft SQL Server launch partner in the U. K. healthcare, Mr. Cryne said.

Declaring open the centre, Mr. Digby Jones, Director-General of the Confederation of British Industry and senior non-executive director of iSoft said the IT business was globally mobile and investment too was globally spread.

Mr. Ravan Boddu, Chief Executive of the Chennai product development centre said the new Indian-based enterprise gave an opportunity to build IT development with the U. K based expertise.

The company, having listed on the London Stock Exchange, has a track record of a consistent growth in turnover and profits.

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