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EDP Software seeks partners in S-E Asia

Our Bureau

CALCUTTA, June 23

HAVING forged successful distribution arrangements in 13 countries across SAARC, West Asia and East Africa, the city-headquartered EDP Software Ltd is scouting for business partnerships in South-East Asian nations, especially Singapore, Malaysia, Philipp ines and Indonesia.

As in India and abroad, the target market in South-East Asia too would be the small and medium enterprises segment. Besides its flagship product, Accord Accountsware, EDP would introduce new Web-enabled products and applications on multi-tier client serv er systems.

According to Mr. Sanjay Parolia, CEO of EDP Software, Accord has been developed on a GUI platform and is applicable in the Windows environment.

Targeted at the small and medium enterprises segment, the product is available for Rs. 16,000-1,05,000. A new technique built into the software facilitates `vector accounting' for controlling costs and improving profitability.

Mr. Parolia said that EDP had also launched Midas, an inventory and treasury management solution for corporates and high net-worth individuals. Midas had found takers among several corporate houses including Ranbaxy, Usha Martin and Dabur, among others.

Future plans of the company include launch of the new generation, Web-enabled Accord Enterprise that was being developed in collaboration with Astatech of the US.

EDP was also focused on designing software products on supply chain management, enquiry & sales management and service and support management for medium-sized companies.

With the launch of Accord Enterprise, EDP Software's earnings from export of software products was expected to double to Rs. 80 lakhs in 2000-2001 from around Rs. 40 lakhs achieved in 1999-2000.

EDP, which already has a presence in Delhi, Hyderabad and Chennai, is firming up plans to set up offices in major cities across the country.

The focus, however, would continue to be on the small and medium enterprises segment ``because players in this sector will grow exponentially in terms of numbers in the years ahead''.