Tuesday, May 11, 2010

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Desi IT co bags $4.5 mn UAE contract

Software developer Valuemart Info Technologies bagged a $4.5-million (Rs 20 crore) contract from the UAE-based Supreme Software Technologies to develop a project help desk solution, the Bangalore IT firm said.

"The project help desk suite is an enterprise web-based solution for electronic monitoring of project-related processes. The solution helps an enterprise to track workflows of multiple projects and ensure their completion within timelines," Valuemart managing director C K Vasudevan said.

The company will execute the order within two years to facilitate Supreme Software manage multi-location project teams, including those working on offshore and onsite models.

"Supreme Software awarded the contract after we successfully demonstrated the functional aspects of the suite as a proof of concept. The deal will also enhance our ability to bid for high value projects and move up the value chain," Vasudevan said.

The 13-year-old Valuemart offers enterprise resource planning (ERP) and business process management solutions in diverse verticals such as manufacturing, banking, financial services, insurance and legal.

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