March 26, 2008 - Bangalore, India

MindTree Consulting to Team with Oracle to Help Manufacturing Companies Become More Customer Centric and Demand Driven

 

MindTree Consulting, a global IT and R&D services company and member of the Oracle PartnerNetwork, today announced that it is teaming with Oracle to support Oracle’s Demantra software product delivered to manufacturing companies in India.

 

Oracle’s Demantra demand-driven supply chain planning solutions focus on the creation, planning, and fulfillment of demand, from promotion management to inventory replenishment, and from unconstrained demand forecast to collaborative sales and operations planning. With the acquisition of Demantra in 2006, Oracle expanded its supply chain planning portfolio and can now provide its customers with best-in-class demand-driven planning capabilities.

 

MindTree’s manufacturing industry group has over the years built and implemented value-added solutions in the areas of supply chain management, promotions management and demand-supply synchronization. MindTree believes in taking a business backward approach to analyze, define and deliver the right technology solution. MindTree’s strong business domain capabilities in the supply chain and demand management areas, coupled with its technology competence in the Oracle product suite, will complement the features and capabilities of Oracle’s Demantra to provide a compelling value proposition for their customers.

 

MindTree’s manufacturing clientele include Unilever, Givaudan, Volvo, Procter & Gamble, Essilor, Emerson, and United Breweries.

 

“We are excited to work with Oracle on a best-of-breed product such as Oracle’s Demantra,” said MindTree Consulting’s Vice President and Head of Manufacturing Industry Group, Vikram Amaranath.  “Manufacturers will now be able to adapt their supply chains to better cope with changing market demands. They will be able to deliver improved service levels by optimizing their supply chains, while at the same time, reducing costs by using a trusted and integrated approach to demand and supply management.”

 

MindTree Consulting’s Senior Vice President and Head of the IBM and Oracle Practice Rajan Narayanan said, “Oracle is an important technology and platform partner for MindTree. We are planning to enhance our solution offerings based on other industry-focused offerings from Oracle.”

About the Oracle PartnerNetwork

 

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com

 

About MindTree Consulting

 

MindTree Limited is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree's IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services.

 

MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated as the most admired employer by several industry surveys, including Hewitt Associates and Mercer/TNS, and is also the winner of the MAKE Award for knowledge management. MindTree has been selected as one of the Top 25 companies for good Corporate Governance practices. MindTree is publicly listed in India. Please visit us at www.mindtree.com.

 

Safe Harbor

 

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

 

For more information, contact:

 

Ashwini Rajeswara

MindTree Ltd.

Tel: +91-080-26711777 / +91-9900183118

ashwini_rajeswara@mindtree.com

 

Ritika S. Mishra
Brand-Comm
Tel: +91-080-25539258/+91-9845577633

ritika@brand-comm.com