Precision Infomatic on expansion mode

CHENNAI
 

JULY 26, 2006

Precision
Infomatic, part of the Precision Group announced its foray into new areas of
business, such as ERP solutions, Infrastructure Management, Consulting, and IT
Training.

Sharing the
expansion plans on the successful completion of a decade in business with a
turnover of Rs 150 crore, V Murali, director, of Precision Group said that the
company aims at a turnover of Rs 400 crore by 2009, with the new business plans.

"Precision,
which started as a channel partner for HP in 1996 is today the second largest
partner for HP in India, apart from being a Microsoft Gold Certified partner and
Nortel Gold Partner. The company is among the top 10 system integrators in India
and the wealth of experience gathered from the industry as well as the business
associates has made us think and come out with these new initiatives," he
said.

The company would
launch the Infrastructure Management Solutions, which will help customers to be
in control of their IT infrastructure based on ITIL framework. "Web
solutions would also be provided to the clients, who require them," he
added.

On the ERP
solutions, Chennai-based Precision would use MS Dynamics Navision to cater to
small and medium enterprises (SMEs) seeking one solution to increase
productivity without disrupting day-to-day business operations. MS Dynamics
Navision delivers integrated functionality with the following modules to provide
a complete ERP solution to customers - Financial Management, Analytics and
Reporting, HR Management, Project Management, CRM, Manufacturing, Supply Chain
Management, Service Management, Retail Management and E-commerce.

The third sector
of expansion will be on Consulting Services for IT Infrastructure needs of the
clients for the four building blocks such as User Community, Data Centre,
Network and Security. This could be on Hardware, Operating Systems, Application,
Database, Storage, and any other requirements. Integration would be the next
step to consulting as the solution suggested on consulting would have to be
implemented. Opportunities for the Consulting and Integration business would be
derived from the existing as well as new customers.

Explaining the
rationale behind each new development and launching of the Training division,
Mathew Chacko, Director (Delivery) said that Information Technology (IT) was
taking a complete paradigm shift, as only organizations with core competencies
and diversified operations could exist in business.

"The gap
between supply and demand in the job market has paved the way for new players in
the IT Training segment. Thus, Precision plans to bridge this gap since it is
already in the end-to-end IT Solutions providing business," he said adding
that the revenue from training activity alone could be over Rs 10 crore in the
next two years.

TG Ramesh,
director (Finance) said that the company would be expanding its base by opening
offices in the North and East shortly, and thus moving towards the goal of
reaching Rs 400 crore turnover by 2009.