LogicaCMG to enter energy, utilities mkt in India

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.”






© CyberMedia News