Aptech Ltd. has launched a separate
division called Knowledge Management Corporation Services to address the knowledge and
e-business requirements of companies.
Announcing this, Aptech managing director
Ganesh Natarajan said that the new arm would not only target the Indian market but seek
business in the international economies too.
The division will provide all the
possible services that will empower employees and managers of the organisations through
enterprise systems and e-commerce compatible processes. Initially, services will be
offered to corporates in India, South East Asia and the Middle East, and will then be
extended to the USA and Europe. Mr Natarajan said that Aptech had a target of fetching
revenues worth Rs 100 crore from this division by 2002.
Aptech has also set up a research centre
for e-commerce solutions in Bangalore, which will create templates for various industries.
Head of the centre Sanjay Ketkar pointed out that the first template to be launched would
be for the manufacturing industry, which will then be followed by templates for education
and services sector. He added that the templates would enable Aptech to offer solutions
based on the specific needs of the customers.
Mr Natarajan said that Aptech aimed to
take up 5 per cent market stake in Asia through the new division.