Mutually beneficial partnership highlighting the GIS value-addition for the Transportation sector
December 17, 2002: Wipro Technologies, the global IT services division of Wipro Limited (NYSE: WIT) and Magnasoft, a leading provider of end-to-end GIS solutions, today announced that they have entered into a strategic alliance to provide their customers in the Transportation sector the combined benefit of Wipro's extensive services and Magnasoft's niche Fleet Management Solutions.
Augmenting Wipro's existing offerings to its global customers, Magnasoft's GIS-based Fleet Management Solution (FleetWATCH) would offer advanced features, such as Vehicle Management, Driver Management, Trip and Route Planning, Driver Merit Analysis, Customized Reporting and Back-end integration with their existing ERP, CRM & SCM implementations. FleetWATCH is built over a platform-independent architecture to ensure compatibility with industry-standard communication technologies, including GSM, CDMA, Radio and Satellite. It also supports seamless integration with the related hardware supplied by recognized Hardware Manufacturers.
Wipro and Magnasoft would approach the market with this mutually enhanced portfolio through their respective Sales / Sales Partner outfits located at various parts of North America and Europe, respectively.
"We are pleased to add Magnasoft's FleetWATCH to our current portfolio of offerings to the Transportation sector," said Mr. Manoj Punja, Vice President - Corporate Vertical, Wipro Technologies. "FleetWATCH's user-friendliness, cost-effectiveness, reliability and scalability meets the demands of our customers, in addition to ensuring quick ROI for them," he added.
"The business potential which can be derived from the combination of a niche solution provider and a global IT powerhouse has been the driving factor for this alliance initiative," stated Mr. S Sridhar, Vice Chairman and Managing Director, Magnasoft. "The Wipro-Magnasoft alliance would jointly address new applications of technology and bring value to customers in the Transportation / Asset Tracking domain," he added.
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations.
Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock exchange - Mumbai, and the National Stock Exchange, among others.
For more information, please visit www.wipro.com
About Magnasoft
Magnasoft is a platform independent 'Complete GIS solutions' company, with GIS offerings ranging from application development to enterprise integration and consulting to data conversion and capture.
Incorporated in 2000 in Bangalore, India, Magnasoft has a presence in the US, Europe and South Asia. Magnasoft has executed challenging GIS projects for prestigious Fortune 100 clients such as AT&T, 3COM, NIPSCO, Lucent Technologies, JEA among many others.
Magnasoft is mentored by Global Technology Ventures, a premier venture capital company promoted by Bank of America Equity Partners, Nomura International and Sivan Securities, and managed by a team of highly experienced professionals.
Further information is available at www.magnasoft.com
During the past decade, our economic reality has undergone a dramatic
transformation and a fundamental shift. After years of economic expansion
fueled by unrealistic rates of consumption and unsustainable levels of
private debt, the global economy has reset at a lower baseline level of
activity. Today, people borrow less, save more, and spend with much greater
caution. This is the new normal and it will be with us for some time to
come. The issue now is how to respond!!!
At Magnasoft, we look at this phenomenon as a transformation that will
change the way we experience the world and share our experiences with
others. It's a transformation in which the barriers between technologies
will fall away so we can connect to people and information no matter where
we are. It's a transformation where new innovations will shorten the path
from inspiration to accomplishment.
Magnasoft combines the power of GIS, LiDAR, mapping, photogrammetry and
other geospatial technologies with extensive subject matter expertise to
implement powerful GIS solutions that integrate seamlessly with the IT
framework of organizations. From GIS Data capture and GIS data development,
GIS Application development, 3D laser scan data processing and modeling,
Enterprise Integration and Photogrammetry - specializing in topographical,
parcel and cadastral mapping, orthophoto generation and rectification,
aerial triangulation, contour generation etc covering the complete terrain
in GIS systems.
For years, we at Magnasoft have talked about how our services enable
companies to do more with less. But during this economic reset, we strive to
provide business leaders with the answer to a slightly different question:
Can my company do more, with less?
Magnasoft Consulting is India's Smartest GIS Services provider established
in 2000 & based out of Bangalore, India's Silicon Valley. Backed with a
State of the art Infrastructure and an highly passionate and competent team
we believe in creating a 'difference' in the world of GIS innovations. Our
focus is on providing enable you to leverage adversities in your favor &
gain definitive competitive differentials transforming your extended GIS
team into a strategic asset that makes it possible to cut costs without
crippling customer service or constraining workforce creativity and
effectiveness. Our Emphasis has always been on 'Quality' and 'Process'
enabling us to be a Great Business Partner to all our GIS Customers.
Please feel free to contact us anytime, we welcome your feedback and
inquiries regarding GIS Data capture and GIS data development, GIS
Application development, 3D laser scan data processing and modeling,
Enterprise Integration and Photogrammetry - specializing in topographical,
parcel and cadastral mapping, orthophoto generation and rectification,
aerial triangulation, contour generation etc covering the complete terrain
in GIS systems.