Comsys Extends Capabilities Through Offshore Alliance Partner.Business Editors/High-Tech Writers HOUSTON--(BUSINESS WIRE)--June 26, 2002 Alliance Extends Comsys' PeopleSoft(R) Practice With Unique Value Proposition Comsys, a national leading provider of information technology staffing, services and solutions, has announced a strategic alliance with one of the leading IT companies performing PeopleSoft(R) applications. Teaming with India-based Hexaware Technologies, Comsys is now able to extend its offer of PeopleSoft solutions for implementation, upgrades and post-implementation support and maintenance. The Comsys-Hexaware alliance draws from the strengths of both organizations: Comsys for recruiting resources and managing engagements onsite and Hexaware for technical experience and offshore capabilities. Hexaware's project management methodology is assessed at SEI CMM-Level 5, the highest possible rating, with processes and methodologies that have proven successful for major U.S. educational institutions and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. clients. PeopleSoft provides Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) software, including Human Resource Management Systems (HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist ). As the preferred solution for more than 2,000 large, service-oriented companies in education, healthcare and financial services, PeopleSoft markets to some of the same industries and businesses where Comsys has established a solid client base. PeopleSoft's version 8.X and higher product range, created on a pure Internet architecture, has heightened a demand from clients to upgrade from earlier versions. To capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this market segment, Comsys has strategically positioned itself to extend the value that companies have invested in their existing application platforms. The average PeopleSoft module upgrade is $1 million per engagement, while the average PeopleSoft post implementation ERP maintenance contract can exceed $4-5 million over the life of the contract. Considering the strain these processes could potentially place on a company's finances and resources, Comsys' outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. capabilities can be a cost-effective, timely alternative. Comsys clients could save 30 percent or more off their current cost from a solution that blends these resources. Hexaware CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Rusi Brij noted, "Our long association with PeopleSoft has helped Hexaware acquire the latest product knowledge very early in the product life cycle." Hexaware directly manages the ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). center for PeopleSoft, and also the PeopleSoft environments for two other leading application service providers. Commenting on Comsys' new offshore delivery capabilities, President and CEO Mike Willis said, "Our strategic alliance with Hexaware presents a unique service offering for Comsys in a sector with tremendous growth potential. There is the combination of business and technology expertise with the functionality necessary to drive successful engagements." About Comsys Comsys (www.comsys.com) is a premier IT staffing, services and solutions company with a nationwide presence. Leveraging over 30 years of experience, we have built upon our core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
About Hexaware Hexaware Technologies (www.hexaware.com) is a software services provider that offers powerful process-driven, high-quality, cost-effective solutions that help organizations operate efficiently. The recent merger between Hexaware and Aptech, a premier software company, gives us the status of being one of the largest software companies in India. PeopleSoft is a registered trademark of PeopleSoft, Inc. |
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