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BANGALORE: IT services company LogicaCMG today announced its entry into the energy and utilities (E&U) market sector in India.
As a first step to this initiative, LogicaCMG will demonstrate its market-leading solution, Prodis, at the ongoing SAP Summit in Mumbai. Prodis addresses the need for upstream natural gas businesses to integrate and standardise their IT systems.
The upstream solution Prodis manages and accounts for the production of hydrocarbons from the reservoir, through production facilities, pipelines and terminals to the sales point. Prodis is vital to international oil and gas businesses due to the increasing need for them to share information within and between their operating companies in order to improve efficiency and cut costs, while also helping companies to meet Sarbanes-Oxley requirements.
LogicaCMG is a global partner of SAP worldwide. As part of LogicaCMG’s commitment to its SAP practice, the company plans to add 200 SAP professionals to its SAP team in Bangalore by the end of 2006.
Kannan Ramaswamy, managing director, South Asia at LogicaCMG commented: “The fast-growing energy and utilities sector in India represents a huge opportunity for IT solutions. As market competition increases, companies need to employ integrated solutions to reduce operational and support costs while improving overall efficiency. LogicaCMG, with its global experience and innovative solutions for the E&U sector is well-positioned to capitalise on this opportunity.”
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