Konica Minolta Opens Software Development Center in India through Partnership Agreement with HCL Technologies.Tokyo, Japan, July 11, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - The Konica Minolta Group (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 4902) opened an offshore development center in India today This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. under a partnership agreement concluded with HCL Technologies HCL Technologies is India’s 5th largest [2] and a leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO. Ltd. (HCLT HCLT High Capacity Lumber Tester ), a leading Indian IT service provider. The expansion of the network environment and diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. of applications have led to an increase in the number and kinds of software applications necessary for the development of multi function peripherals (MFPs) and printers, major products of Konica Minolta's core office equipment business. The increase is almost equal to that of cellular phones and digital home appliances, and it is likely to continue rising at an annual rate of about 50%. In the light of this, Konica Minolta has been exploring the commencement of offshore software development to ensure a stable supply of software development resources. This is one of the important group-wide management issues of its medium-term business plan, "FORWARD 08." India is renowned worldwide for its ability to develop quality software products and HCLT, in particular, boasts a wealth of experience in developing software products for a number of major U.S. and European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome. This is a list of companies from the countries in the European Union. . Konica Minolta, highly valuing the technical excellence and management skills of HCLT, has been 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. HCLT to develop software for its medical systems over the past years, and a relationship of trust has been built between the two companies since then. Because of this, HCLT was Konica Minolta's top candidate for partnership as it explored the possibility of offshore software development. Under the partnership agreement, Konica Minolta's offshore development center has been built within HCLT site. In the beginning, the center is staffed with about 50 workers, but that number will be increased to 240 or so by the end of FY2008. The offshore development center will work on the development of application software for MFPs and printers, development tools for customization, and software to be built in computed radiographyKonica Minolta's major medical product. Meanwhile, Konica Minolta will focus most of its domestic development resources to the development of its core technologies, such as image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished technology, Konica Minolta's proprietary technology that cannot be outsourced, as well as basic product functions. In so doing, the company aims to enhance its core technologies and accelerate the development of new products that incorporate those technologies. The expansion of the scope of software development requires increased man-hours for quality assessment of software products. To ensure a stable supply of resources for the quality assessment process, in May of this year, Konica Minolta established a wholly-owned software quality assessment company in Dalian, China, which will start operations by the end of July. Through this new three-pillar structure -- development of core technologies in Japan, development of application software in India, and quality assessment in China, Konica Minolta will improve the quality and efficiency of software development and accelerate the development process, thereby further strengthening its business structure. About HCL Technologies Ltd.
Head Office : Noida, India
Establishment : November, 1991
Chairman and CEO : Shiv Nadar
President : Vineet Nayar
Employees : 40,149 (as of March, 2007)
Annual Sale : US$1,270 million
(Last twelve months (LTM) ended March 31, 2007)
Business : Software Development Services (74%)
IT Infrastructure Services (13%)
BPO Services (13%)
Website : www.hcltech.com
About Konica Minolta Holdings Konica Corporation and Minolta Co., Ltd. integrated their respective managements and established a holding company, Konica Minolta Holdings, Inc., in August 2003. The new company represents an organic union of the revolutionary technologies long accumulated ac·cu·mu·late v. ac·cu·mu·lat·ed, ac·cu·mu·lat·ing, ac·cu·mu·lates v.tr. To gather or pile up; amass. See Synonyms at gather. v.intr. To mount up; increase. by the two companies, centering on a comprehensive imaging business - from input to output. Moreover, the Konica Minolta Group is pursuing growth by leveraging collective Group resources in the two major business domains of equipment and services, and components. The Group has annual sales of more than 1 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. yen, conducts business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets in approximately 40 nations worldwide and has approximately 32,000 employees. For more information, please visit www.konicaminolta.com Source: Konica Minolta Holdings Contact: Konica Minolta Holdings, Inc. Corporate Communications Tel: +81-3-6250-2011 Fax: +81-3-3218-1362 Japan Corporate News Network. All rights reserved. |
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