CDC completes investment in eBizNET

BANGALORE, INDIA: CDC Software Corporation, an enterprise software provider, announced it completed the first stage of its strategic investment in eBizNET Solutions Inc., a provider of software-as-a-service (SaaS) supply chain execution solutions that also shares mutual customers with CDC Software.

This marks the completion of CDC Software's first cloud investment as part of CDC Software's Strategic Cloud Investment Partner Program (SCIPP), said a press release.

Under SCIPP, CDC Software plans to make minority investments in, and form strategic reselling partnerships with, companies offering cloud-based or point solutions which complement its enterprise solutions portfolio.

CDC Software also plans a strategic relationship with Pittsburgh-based eBizNET Solutions whereby it is expected to become a co-branded reseller of eBizNET's products and services globally.

As part of strategic relationship, eBizNet Solutions and CDC Software plan to jointly offer an integrated solution of eBizNet and CDC Software's solutions including CDC eCommerce and x-Alerts to potential customers of both companies.

eBizNET Solutions offers an integrated suite of on-demand SaaS Supply Chain Execution (SCE) solutions including warehouse management, transportation management, yard management, port and cargo terminal management, activity based billing and costing, and reverse logistics.

As part of this recent transaction, CDC Software may also lease its SaaS infrastructure globally to eBizNET Solutions, and in turn, CDC Software may utilize eBizNET's consulting and systems integration services.

Abhay Edlabadkar, CEO and president of eBizNET Solutions “We are excited that one of the world's leading hybrid enterprise solutions company is now an investor in eBizNET Solutions and look forward to building a mutually successful partnership.”

He further added that they believe that CDC Software's investment could help them globally deploy their extensive SaaS based Supply Chain Cloud Platform that integrates all entities and aspects of a supply chain into a true ecosystem enabling collaboration, consolidation, facilitation and end-to-end visibility coupled with optimized and orchestrated execution in real time.

Bruce Cameron, president of CDC Software, said, "We believe this is a very synergistic partnership that can help CDC Software advance its hybrid model, and expand its SaaS product line, while offering our customers more options and flexibility in their solutions deployment.”