Home > News and Eventsnone
- News and Events
- Press Release
- Fact Sheet
- Media Contact
- MindTree Logo
- MindTree in Media
- News Archives
- Events
March 28, 2003 - Bangalore, India
SAS India, a leader in business intelligence (BI) with 22.5% market share, has entered into an alliance with MindTree Consulting, an international IT consulting company that delivers affordable business and technology solutions through global software development.
In keeping with MindTree’s focus on Enterprise applications, especially in the BI domain, the partnership with SAS will ensure that MindTree’s solutions help organizations unlock the value of data resident in multiple, disparate islands of information across corporate repositories like CRM, ERP, Mainframe and custom-built applications. An effective BI solution also helps companies glean insights about its customers, operational business processes, and suppliers, thereby enhancing the customer experience and optimizing internal business processes.
George Varghese, head of marketing, SAS India Pvt. Ltd, “At SAS, we continue to focus on our customers and their business needs. In a market that changes with blinding speed it is more significant than ever to ensure that solutions are tailored using technology suited to each customer’s specific requirement. MindTree worldwide has vertical-industry-focused practices in Banking, Financial Services and Insurance (BFSI), Manufacturing and Healthcare. Leveraging this knowledge, we will create virtual business teams to deliver solutions and lead the marketplace in areas wherein customers have come to rely on us.&rdquo
Said Mr. G Ramaswamy, senior director, MindTree Consulting, “Considering that SAS is an established leader in the BI space with solutions that focus on similar vertical industries as we do, forging an alliance with them was a natural choice for MindTree. Further, given the data explosion across enterprises, clearly, there is an emerging demand for analyzing data for strategic business decisions. This in turn is driving the BI market in India. As an enterprise-solutions provider, and with SAS as our alliance partner, I see MindTree playing a significant role in providing leading-edge BI solutions to our customers in these segments.”
According to National Association of Software and Services Copmpanies (Nasscom), the Indian software industry organization, BI is the next big software market and is slated to grow from $2.21 billion in 2001 to $12 billion in 2006, representing a CAGR of 43% globally. Further, according to a research report published by Frost & Sullivan on the BI market in India, the company expect it to grow to $30.4 million in 2005 from $10.5million in 2002, representing a CAGR of 33.9%.
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 39,000 sites - including 90 percent of the Fortune 500 - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For more than 25 years, SAS has been giving customers around the world The Power to Know™. For more information, visit www.sas.com
MindTree and SAS enter into a strategic alliance
The two companies will jointly target BFSI, Healthcare and Manufacturing verticalsSAS India, a leader in business intelligence (BI) with 22.5% market share, has entered into an alliance with MindTree Consulting, an international IT consulting company that delivers affordable business and technology solutions through global software development.
In keeping with MindTree’s focus on Enterprise applications, especially in the BI domain, the partnership with SAS will ensure that MindTree’s solutions help organizations unlock the value of data resident in multiple, disparate islands of information across corporate repositories like CRM, ERP, Mainframe and custom-built applications. An effective BI solution also helps companies glean insights about its customers, operational business processes, and suppliers, thereby enhancing the customer experience and optimizing internal business processes.
George Varghese, head of marketing, SAS India Pvt. Ltd, “At SAS, we continue to focus on our customers and their business needs. In a market that changes with blinding speed it is more significant than ever to ensure that solutions are tailored using technology suited to each customer’s specific requirement. MindTree worldwide has vertical-industry-focused practices in Banking, Financial Services and Insurance (BFSI), Manufacturing and Healthcare. Leveraging this knowledge, we will create virtual business teams to deliver solutions and lead the marketplace in areas wherein customers have come to rely on us.&rdquo
Said Mr. G Ramaswamy, senior director, MindTree Consulting, “Considering that SAS is an established leader in the BI space with solutions that focus on similar vertical industries as we do, forging an alliance with them was a natural choice for MindTree. Further, given the data explosion across enterprises, clearly, there is an emerging demand for analyzing data for strategic business decisions. This in turn is driving the BI market in India. As an enterprise-solutions provider, and with SAS as our alliance partner, I see MindTree playing a significant role in providing leading-edge BI solutions to our customers in these segments.”
According to National Association of Software and Services Copmpanies (Nasscom), the Indian software industry organization, BI is the next big software market and is slated to grow from $2.21 billion in 2001 to $12 billion in 2006, representing a CAGR of 43% globally. Further, according to a research report published by Frost & Sullivan on the BI market in India, the company expect it to grow to $30.4 million in 2005 from $10.5million in 2002, representing a CAGR of 33.9%.
About MindTree
MindTree Consulting is an international IT consulting company that delivers affordable business and technology solutions through global software development. Co-headquartered in Somerset, NJ and Bangalore, India, the company approaches technology initiatives in a business context, with the industry knowledge of a seasoned management team and employees exceptionally skilled in technology, business analysis and project management. MindTree Consulting develops applications to help companies enhance their enterprise operations. The company also delivers product realization services and designs re-usable building blocks for hi-tech companies. MindTree was selected as one of Computerworld magazine’s Best Places to Work in IT for 2002.SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 39,000 sites - including 90 percent of the Fortune 500 - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For more than 25 years, SAS has been giving customers around the world The Power to Know™. For more information, visit www.sas.com
