Financial Daily from THE HINDU group of publications
Friday, Mar 21, 2003
Financial Daily from THE HINDU group of publications Friday, Mar 21, 2003 |
|
|
|
|
|
Info-Tech
-
Outsourcing Goldstone wins US contract Our Bureau
HYDERABAD, March 20 GOLDSTONE Technologies Ltd, the Hyderabad-based IT services provider, has bagged a major outsourcing deal to provide offshore-based technical support to a leading US-based software vendor in the business intelligence space. This is a five-year contract valued at several million dollars, Mr Kaipa Vasudeva Rao, Executive Director, Goldstone Technologies, said without disclosing the name of the US company. This major customer win amply demonstrates Goldstone's growing reputation as a vendor of choice to provide technical support services for various independent software vendors (ISV). Goldstone has designed and developed solutions line for ISVs to provide product development and support services and is associated with some major European and US-based customers, he said. The company, which recently launched Forte for Java migration products and services in the US market and has a US insurance major as a customer, recently launched F2J services for the European customers during the CeBIT exposition in Germany. In a statement, Mr Vasudeva Rao said following this addition, Goldstone is confident of reaching its guidance for the year 2003-2004 of Rs 110 to Rs 120 crore with profitability in the range of Rs 15 crore to Rs 16 crore. Goldstone has partnered with Forte Software Inc, and is a development partner for Sun Micro. With Forte platform, the company has developed solutions for several industry verticals such as health care, insurance, utilities and Government services. Goldstone is associated in about 35 states in the US and has five offices in the US and Canada.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|