CDC Software Partners with Avnet Technology Solutions to Facilitate Expansion in Indian Market
November 09 2011 - 9:15AM
Business Wire
CDC Software Corporation, a global enterprise software provider
of on-premise and cloud deployments, today announced its
collaboration with Avnet Technology Solutions through the
“SolutionsPath ISV (Independent Software Vendor) Acceleration
Program,” that is expected to help facilitate CDC Software’s
expansion in the Indian market.
The Avnet SolutionsPath ISV Acceleration Program is a
multi-track partner model designed to support and integrate the
applications of business partners and ISVs. This program has been
created for ISVs specializing in making or selling software
designed for industry verticals. It offers business partners the
resources to help grow their businesses by way of joint marketing
initiatives and go-to-market strategies and support needed to
integrate ISV applications and products on varied infrastructure
platforms.
Nagaraja Prakasam, managing director, CDC Software SSEA said,
“At CDC Software, our approach to partnerships is to create an
ecosystem of software solutions, organizations and industry
luminaries focused on a single, unifying desire: driving customer
success. We believe that Avnet will help to enhance our reach in
the Indian market and advance sales across A and B class cities. We
believe that our solutions help deliver benefits to organizations
in the form of higher efficiency, improved performance and
increased cost savings. With its large network of partners in
India, Avnet’s SolutionsPath ISV Acceleration Program is expected
to provide us with valuable leads that will further facilitate our
expansion throughout the India market."
“We believe that this association would enable Avnet to provide
a vertical industry based approach for IT infrastructure Solutions
to our channel partners. Our ISV acceleration program will help CDC
Software to provide more efficient IT infrastructure solutions by
leveraging our channel and supplier relationships,” says Sunil
Golani, director of Technology & Solution Practices, Avnet
Technology Solutions.
About Avnet Technology Solutions
As a global IT solutions distributor, Avnet Technology Solutions
collaborates with its customers and suppliers to create and deliver
effective solutions that address the business challenges of their
end-user customers locally and around the world. For fiscal year
2010, the group served customers in more than 30 countries and
generated US $8.19 billion in annual revenue. Avnet Technology
Solutions is an operating group of Avnet, Inc.
About Avnet, Inc.
As a Fortune 500 company, is one of the largest distributors of
electronic components, computer products and embedded technology
serving customers in more than 30 countries worldwide. Avnet
accelerates its partners' success by connecting the world's leading
technology suppliers with a broad base of more than 100,000
customers by providing cost-effective, value-added services and
solutions. For the fiscal year ended July 3, 2010, Avnet generated
revenue of $19.16 billion.
About CDC Software
CDC Software, The Customer-Driven Company™, is a global
enterprise software provider of on-premise and cloud deployments.
Leveraging a service-oriented architecture (SOA), CDC Software
offers multiple delivery options for their solutions including
on-premise, hosted, cloud-based Software as a Service (SaaS) or
blended-hybrid deployment offerings. CDC Software's solutions
include enterprise resource planning (ERP), manufacturing
operations management, and enterprise manufacturing intelligence,
supply chain management (demand management, order management and
warehouse and transportation management), global trade management,
e-Commerce, human capital management, customer relationship
management (CRM), complaint management and aged care solutions. CDC
Software's acquisitions are part of its "integrate, innovate and
grow" strategy. Fueling the success of this strategy is the
company's global scalable business and technology infrastructure
featuring multiple complementary applications and services, domain
expertise in vertical markets, cost effective product engineering
centers in India and China, a highly collaborative and fast product
development process utilizing Agile methodologies, and a worldwide
network of direct sales and channel operations. This strategy has
helped CDC Software deliver innovative and industry-specific
solutions to approximately 10,000 customers worldwide within the
manufacturing, distribution, transportation, retail, government,
real estate, financial services, health care, and not-for-profit
industries. For more information, please visit
www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995. These statements include those relating to our
beliefs about expectations regarding expansion in the Indian
market, our beliefs regarding Avnet and its ability to help us
enhance our reach into the Indian market and advance sales, our
beliefs regarding our solutions and the benefits thereof, our
expectations regarding Avnet’s SolutionsPath ISV Acceleration
Program and the expected benefits thereof, our beliefs regarding
our association with Avnet, and other statements we may make. Such
statements are based on management's current expectations and are
subject to risks and uncertainties and changes in circumstances.
There are important factors that could cause actual results to
differ materially from those anticipated in the forward looking
statements, including the following; the ability to realize
strategic objectives by taking advantage of market opportunities in
targeted geographic markets; and the risks related to the recent
trading halt of our shares and the continued listing of our shares
on NASDAQ. In addition, please refer to the CDC Software’s recent
filings with U.S. Securities and Exchange Commission (the “SEC”) on
Forms 6-K. These filings identify and address other important risk
factors. Further information on risks or other factors that could
cause results to differ is detailed in our filings or submissions
with the United States Securities and Exchange Commission,
including our Annual Report on Form 20-F for the year ended
December 31, 2009, filed with the SEC on June 1, 2010, and those of
our ultimate parent company, CDC Corporation, located at
www.sec.gov. All forward-looking statements included in this press
release are based upon information available to management as of
the date of this press release, and you are cautioned not to place
undue reliance on any forward looking statements, which speak only
as of the date of this press release. Results may vary from
customer to customer, based upon particular facts and
circumstances. The company assumes no obligation to update or alter
the forward looking statements whether as a result of new
information, future events or otherwise. Historical results are not
indicative of future performance.
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