Thursday, March 5, 2009

Sonata Software opens fully owned subsidiary in Dubai Internet City

Dubai, March 04, 2009: Leading Indian software solutions company, Sonata Software Ltd. today announced the opening of its one hundred per cent owned subsidiary at Dubai Internet City, the region’s leading managed ICT cluster. Establishing itself as a regional hub for its business in the Middle East and Africa, Sonata Software FZ – LLC, will provide value-based IT solutions to customers, strengthening its presence in the region.
Sonata Software will use its Dubai Internet City free zone base to target regional market segments including the Travel, Tourism, Hospitality and Construction industries – some of the major sectors that make up the GDP in the Middle East.
Malek Al Malek, Executive Director, Dubai Internet City said: “Dubai Internet City has attracted some of the biggest names in the IT industry since it was established in 2000. We are delighted to welcome on board yet another global leader with a reputation for creating cutting-edge solutions and technology. We look forward to working closely with Sonata where the industry can leverage on its ability to bring out the best software solutions. In addition, our partnership with Sonata will find ways that will further build our knowledge-based economy for the region.”
Sonata has established a strong team that will manage its Middle East operations. Mr Mahesh Shastry, General Manager, Middle East and Africa, along with Principal Consultant, Mr A T Srinivasan together form a team that brings an in-depth knowledge of the Middle East market. With a wealth of experience working in the Middle East, the team is well positioned to leverage their knowledge of the market.
Mr. B Ramaswamy, President and Managing Director of Sonata Software Limited, said: “We are excited about our geographical expansion into the Middle East. We are confident that operating out of the region’s leading managed ICT cluster will make this an important growth engine for Sonata.
“Given our strong track record of innovation, satisfied and referenceable customer base, our robust infrastructure and an excellent workforce, we are fully committed to provide best-in-class services. Customers will benefit from our alliances with global technology majors and our proven track record of offering services to many multinational customers.”
“Based on our core competence built over the years and a strong commitment, we are confident that our steadfast service back-up and an expert team structure formed for this mission will provide high-quality and innovative solutions to our Middle East partnerships,” Shastry added.
Sonata Software ranked among the top 20 IT Software and Service Exporters in India for FY07-08, as per the industry rankings released by NASSCOM, the premier trade body and the chamber of commerce of the IT-BPO industries in India.
The Bangalore based company, worth US$400 million, will continue to spur its success in expanding its businesses in other geographies. The most recent expansion was its joint venture with European travel major TUI AG.
Sonata's services range from IT Consulting, Product Engineering Services, Application Development, Application Management, Managed Testing, Business Intelligence, Infrastructure Management, Packaged Applications to Travel Solutions.
Dubai Internet City currently hosts most of the Fortune 500 companies and more than 1,200 specialized industry leaders from diverse segments of the information and communication technology sectors. Emerged as one of the largest ICT clusters in the world, DIC caters to the region’s increasing focus on creating knowledge-based economies.
About Dubai Internet City
Dubai Internet City (DIC), a member of TECOM Investments, was established in 2000. It is currently regarded the Middle East's largest information and communications technology (ICT) cluster. Built as a strategic base for companies targeting emerging markets in several neighbouring regions, DIC’s core focus area extends from the Middle East to the Indian Subcontinent, and from Africa to the Commonwealth of Independent States (CIS) countries, covering two billion people with a GDP of US$6.7 trillion. As a knowledge-oriented business model, DIC has created a dynamic international community of IT companies hosting business partners that include most of the Fortune 500 brands, as well as a number of small and medium enterprises and ventures. In 2008, 140 new companies joined the DIC cluster. For more information, please visit:
About Sonata Software Limited
Sonata Software, headquartered in Bangalore, India, is a leading IT consulting and services company. Sonata's customers are located across the US, Europe and the Asia-Pacific region. Its portfolio of services includes IT Consulting, Product Engineering Services, Travel Solutions, Application Development, Application Management, Managed Testing, Business Intelligence, Infrastructure Management and Packaged Applications. As per the industry rankings released by NASSCOM for FY07-08, Sonata Software ranked among the Top 20 IT Software and Service Exporters in India.

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