SÃO PAULO--(BUSINESS WIRE)--KPIT Cummins Infosystems Ltd (BSE: 532400; NSE: KPIT), a global IT consulting and engineering partner to manufacturing and energy & utilities corporations, and SYSTIME, a leading business technology service provider, have announced that KPIT Cummins has taken 50% stake in SYSTIME, world's largest Oracle JD Edwards solution provider.
This partnership emphasizes KPIT Cummins’ focus on providing Oracle-based solutions & services, and strengthens the company’s position as a strong contender for large Oracle deals in the Manufacturing and Energy & Utilities space. For the past two years SYSTIME has maintained a strong presence in the Brazilian manufacturing industry, and with the new SYSTIME partnership, KPIT Cummins will be able to establish a footprint in the region. By combining local experience with deep domain expertise, KPIT Cummins and SYSTIME's offerings will include implementations, applications support and services for companies using Oracle and Oracle JD Edwards solutions.
“Brazil is amongst the fastest growing emerging economies with a large and deeply rooted manufacturing industry. Many of our European and North American automotive and manufacturing customers have established manufacturing centers in Brazil - as a result, this is an important and high growth geography for KPIT Cummins. SYSTIME’s presence in Brazil will provide KPIT Cummins the required head start into the local market. We are confident that our combined and complementary strengths in the Oracle and JD Edwards space will help create a leadership position for us within the larger Oracle ecosystem,” said Kishor Patil, MD & CEO, KPIT Cummins.
Vishal Grover, President and CEO, SYSTIME, said: “KPIT Cummins’ strong Industry expertise and a comprehensive suite of Oracle based offerings complement our strong relationships in the Oracle JD Edwards’ space, and we are confident this will enable us to offer better value propositions to the Oracle JD Edwards community. Our partnership will also now strongly focus on the Brazilian manufacturing industry. Over the last two years of SYSTIME’s operations in Brazil, we have significantly penetrated the local manufacturing industry and I am confident that with the robust team and wider Oracle Suite expertise of KPIT Cummins, we will further strengthen our partnership with the Brazilian manufacturing industry.”
About KPIT Cummins
KPIT Cummins (BSE: 532400; NSE: KPIT), a trusted global IT Consulting and product engineering partner, is focused on co-innovating domain intensive technology solutions for Manufacturing and Energy & Utilities corporations. KPIT Cummins currently partners with 155+ global corporations helping them globalize efficiently & bring complex technology products/ solutions faster to their markets. For more information, please visit http://www.kpitcummins.com/.
About SYSTIME
SYSTIME is world's largest Oracle JD Edwards solution provider. SYSTIME helps companies make their business better by adopting technology solutions to address their operational challenges. Over three decades, SYSTIME has helped clients implement and manage JD Edwards and other business solutions. With SYSTIME, clients are assured of a transparent, responsive partner committed to their success. SYSTIME is an Oracle Platinum Partner in the Oracle Partner Network (OPN). For more information, please visit http://www.systime.net.