| RFID
player - OAT Systems now in Bangalore |
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OAT Systems, a Radio Frequency
Identification (RFID) framework provider, recently
opened its product development center in Bangalore.
With an investment of $11.5 mln, the 12,000 sq
ft facility houses 20 engineers and is focused
on product development, services and support of
RFID software.
| "We
expect the Bangalore center headcount
to exceed that of the US R&D team
some years down the line," said
Sanjay Sarma, CTO, OAT Systems.
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While the number of employees
is bound to increase the emphasis is on adding
value to product development. The center is expected
to play a strategic role in extending the company's
reach to Asia and the European Union in terms
of services and support.
The US–based company
is also likely to partner with Infosys to leverage
its RFID practice to identify business opportunities
across multiple vertical markets.
With estimates for the RFID
opportunity hovering around $4.2 bln by 2008,
Oats Systems is optimistic about India’s
technological growth potential and believes that
RFID could find use in areas like defense, oil
and gas and the pharma industry.
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| Mimosa
launches operations in Pune |
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| Mimosa Systems,
a data management solutions company, launched its
new development center in Pune.
The Silicon Valley
based company has entered into a partnership with
In-Reality Software on a Build-Operate-Transfer
(BOT) model. In-Reality will manage the center on
a day-to-day basis until it is transferred to Mimosa.
The Pune center would remain as a center of excellence
for e-mail and Microsoft server technologies. Mimosa
provides immediacy, discovery and continuity for
the new generation of critical enterprise information
Mimosa is very
excited about the opportunity in India and is on
the look out for innovative product companies in
India that address global market. With about 20
people in the US, its India-centre has an excellent
team of 25 email and storage veterans. President
and CEO, TM Ravi informed that the Pune center would
remain as a center of excellence for e-mail and
Microsoft server technologies
The project involves
an investment of $ 10.5 mln that has been funded
by Clearstone Venture Partners, August Capital and
DotEdu Ventures.
ClearStone
Venture Partners MD, Sumant Mandal stated that the
company was keen on exploring Indian investment
opportunity in India and is currently on the look
out for innovative product companies in India that
address the global market. In fact a team from ClearStone
is currently scouting companies in Mumbai, Pune,
Bangalore and Delhi.
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| SKF
automobile R&D center set up in Bangalore |
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| Sweden-based
technology solutions provider of bearings, seals
and other related products, SKF has launched an
application development center for two wheelers
and automotive markets, at Bangalore. The new center
will support SKF customers worldwide with competency
and facilities such as application engineering,
simulation, testing and validation.
Stating the rationale
behind the set up location, Tom Jonhstone, Group
President and CEO, said, "India is a high growth
area for two wheeler and automotive segments. Bangalore
being the IT hub of the country, we decided to set
up an application development center here.”
The set up is also a manifestation of SKF’s
commitment to the Asian market and Indian market
in particular.
The Bangalore
set up will be SKF’s first R&D center
in Asia. Rakesh Makhija, Managing Director, SKF
India Ltd stated that the center will focus on the
development of completely new technologies in the
automobile space that will be patented.
Besides
they will also work on optimization of the existing
product range as well as center support SKF customers
worldwide with competency and facilities such as
application engineering, product and system design,
advanced calculation and simulation, manufacturing
of prototypes, testing and validation. |
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