Financial Daily from THE HINDU group of publications
Tuesday, May 13, 2003
Financial Daily from THE HINDU group of publications Tuesday, May 13, 2003 |
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Info-Tech
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Enterprise Resource Planning Icode plans to tap non-US markets Our Bureau
BANGALORE, May 12 SOFTWARE products company, Icode Inc, plans to aggressively tap the non-US markets, especially in Asia and Africa, with its ERP (enterprise resource planning) product Everest, which is specifically targeted at the small and medium businesses worldwide. "We have found initial success in these markets and have managed to get a client base of close to 150 customers over the last one year," said Mr Rony Thomas, Vice-President, Sales (Afro-Asian region). The company, which has about 16 resellers, recently added few more in Africa, Asia Pacific and Australia to tap the market effectively. Icode expects to leverage on the initial gains and expand its customer base in these regions, Mr Thomas said. He added that the company was eyeing close to 300 installations in the current year. Everest, which is an out-of-the-box fully integrated ERP solution, is designed from the ground up to automate key operational areas of growing businesses, including accounting, inventory control, service, e-commerce, sales force automation and point-of-sale. It is marketed, sold and supported from Icode's development and support centre in Bangalore. Everest was developed entirely at Icode's Bangalore R&D centre, which has close to 200 developers. About 35 people are involved in providing the technology support for the product from Bangalore. Icode, which hitherto focussed entirely on the US market, is also actively looking at the Indian market, Mr Thomas said. The company has close to 25 installations in India. "We are also on the look-out for suitable partners to address the Indian market," he said, adding that fsthe company was coming out with a VAT-ready product for small and medium businesses.
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