Mumbai, February 15, 2007: Datamatics Global Services Limited and US-headquartered YASH Technologies today announced a definitive agreement to form a joint venture to offer comprehensive SAP-related solutions globally. The two companies will provide the solutions through a joint venture called Datamatics YASH Technologies Pvt. Ltd. based in Mumbai, India with Development centers in Mumbai and Hyderabad.
Datamatics YASH will combine the competitive advantages of its parent companies to deliver an innovative suite of SAP solutions & services and applications that meet needs of global consumers.
The joint venture marks Datamatics' strengthening of global delivery capabilities for its customer base. Datamatics is a pioneer in outsourcing & offshoring application development & maintenance. Its robust and mature processes combined with resource deployment methodology leverage its rich and varied experience to deliver business value to its customers. Datamatics has vast experience in creating Dedicated Centres and working on Onsite-Offshore engagements and Global Delivery providing cost benefits.
YASH Technologies is a world class global IT organization offering a spectrum of end-to-end solutions and services in current and emerging technologies. A winning combination of technical excellence and domain expertise across key industry verticals delivered through our Global Delivery model ensures that YASH's customers get the solution they seek deployed on Best-of-Breed Technologies and based on Best-Business-Practices. YASH is the Gold partner and Business Partner for SAP and reseller to small and midsize business (SMB) in the Northeastern United States (US). YASH SAP services covers the entire spectrum including Full Cycle Implementations, Upgrades, Application Support and Global Template Rollouts to annual and need based support.
Rahul Kanodia, Vice Chairman and CEO, Datamatics, said, "The joint venture brings together strong credentials of both Datamatics and YASH in providing end-to-end SAP solutions in manufacturing, financial services, retail, automotive, high-tech, telecommunications, pharmaceuticals and chemicals. The joint venture will enable Datamatics to strengthen its enterprise-related offerings. The combination of the two organizations will deliver the most innovative solutions of current technological trends in a competitive cost structure. This joint venture is a continuation of Datamatics' commitment to excel in Execution and ensure Total Customer Satisfaction."
Janaki Ram Cheruvu, Vice President, YASH Technologies, said, "The Joint Venture will leverage on business and technical expertise, proven delivery model and expanded offerings enable us to offer our customers more ways to lessen costs, reduce complexity and speed return on IT investments. With this partnership, we want to achieve substantial growth in the Enterprise Services space."
