Globalsoft Innovations Inc. (GSI) and Tata Consultancy
Services (TCS) on March 6th, 2003 announced their alliance
to jointly invest in the development of GSI¡¯s flagship
convergence product suite iFusion which includes
Participe and Communique. As part of this alliance,
TCS and GSI will co-market the iFusion suite and other
GSl products to the concerned TCS customers and to the
global market. This announcement brings together the strengths
of two industry leaders: TCS, Asia's largest global software
and services consulting company, and GSI, a leading player
in the convergence IP communication solutions space.
iFusion provides myriad Internet Telecommunication
services such as Unified Messaging (voice, fax, and
e-mail), voice/fax over IP, video/audio/text conferencing,
and Instant Messaging (IM)-all over an IP Network, an
Intelligent Network and the PSTN. This comprehensive
solution offers a complete Internet convergence platform
for communication, collaboration, and information management.
iFusion can be configured to meet the specific needs
of a service provider or an enterprise. Furthermore,
iFusion can integrate with any existing infrastructure
such as with legacy email systems and PBXs, to help
protect the client¡¯s initial investment.
TCS has entered into an exciting financial agreement
with GSI where in TCS will co-develop GSI¡¯s flagship
product iFusion through a dedicated ODC and also share
a minority portion of revenue from the sale of various
GSI¡¯s products.
Commenting on the alliance, Mr. Thomas Lee, President
& CEO of GSI, said, ¡°Through this alliance TCS has
validated what GSI already knows to be an immediate
need in the global market place. In short, the requirement
to reduce corporate expense along with the recent decline
in corporate travel, create a critical requirement to
substantially increase the level of enterprise communication
in a cost effective manner. As the innovative leader
in convergent IP technologies, GSI is well positioned
to work with TCS to deliver cutting edge solutions that
enhance corporate communications and reduce expense.
¡°Our cooperation with GSI will enables us to offer
cutting-edge convergence solutions to our IT customers¡±,
said Dr. Gautam Shroff, Practice head of the Architecture
& Technology Consulting practice at TCS, stressing
the advantages of the venture.
About GSI (www.global-soft.net)
GSI headquartered in Seoul, South Korea, with other
locations in Asia and the US, is a premier developer
of IP based communication software products. GSI specializes
in developing communication products that focus on increasing
productivity and reducing bottom line expense. GSI¡¯s
end-to-end communication product suite leverages the
current voice and data network to deliver powerful communication
solutions using collaboration tools, video, enterprise-IM,
VoIP, UMS, application sharing. Some major clients of
GSI includes 31 Samsung affiliated companies with a
worldwide deployment of 70,000 users, UBase, the largest
customer service company in Korea, Dong Yang card, Inc.
(American Express Korea), and Cernet, an arm of the
Education Ministry in China that maintains the network
infrastructure for all education bodies such as universities
in China.
About TCS (www.tcs.com)
TCS is a division of Tata Sons, the holding company
of the $10.4 billion Tata Group. For several years in
a row, it has been India's largest IT enterprise. TCS
offerings span across architecture and technology consulting,
strategy consulting and system integration services
to offshore development centers for some of the most
sophisticated software development in the world. TCS
revenues for the financial year ended March 2002 was
Rs 4,187 crore ($ 880 million). With over 20,000 consultants,
it services clients in over 55 countries and has over
150 offices in the world.
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[March 18, 2003] 