3i Infotech geared to revolutionize public and private sector development of Business Technologies
06/18/2010

Doha - June 15, 2010 - Key technology and business experts from across the region addressed a one-day conference on smart IT solutions and IT spending during the IT Managers Forum at the IDC Summit held at the Al Sharq Resort & Spa, Doha, Qatar, on June 14, 2010. IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy.

Online PR News – 18-June-2010 – – 3i Infotech geared to revolutionize public and private sector development of Business Technologies through SOA
Doha - June 15, 2010 - Key technology and business experts from across the region addressed a one-day conference on smart IT solutions and IT spending during the IT Managers Forum at the IDC Summit held at the Al Sharq Resort & Spa, Doha, Qatar, on June 14, 2010. IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy.
The new economic reality has proved beyond doubt that there is intense pressure on every aspect of business operations to curtail capital spending and reduce operating expenses. The squeeze is especially trying, given the ongoing need to support operations, while enabling new growth coupled with cost-containment initiatives.
One of the key technologies which caught the attention of the attendees was Service Oriented Architecture (SOA). Mr. Uttam Majumdar, President, Locuz Enterprise Solutions Ltd. (a subsidiary of 3i Infotech) gave an informative presentation on how SOA helps organizations deploy their business services with agility. SOA is getting noted by many leading organizations today due to the simple fact that it helps them achieve business-IT alignment better than the existing systems.
3i Infotech has been assisting customers migrate to the SOA environment and especially address some of the building blocks like identity-enabled SOA and governance. Middle East businesses are pursuing SOA and a large-scale adoption of SOA is expected in the next 18-24 months in sectors, such as Insurance, Banking, Telecom and Manufacturing.
Mr. V. Narayan, Vice President & Region Head, Middle East, 3i Infotech, is of the opinion that, “SOA is a major shift in technology, and has the potential to make a huge impact on a business module; and enterprises should attach more importance to their systems architecture while facilitating alignment. Companies today need to adapt immediately to changing market conditions and be more alert to meet the continuously growing demands of businesses.”
Mr. Narayan further added, “In the recently concluded IDC Forum, 3i Infotech has been able to successfully demystify a methodology that would help businesses and organizations take an important step towards advocating SOA, while making sure that governance is well addressed.”
About 3i Infotech Limited
3i Infotech (www.3i-infotech.com) provides a range of information technology solutions for the Insurance, Banking & Finance, Capital Markets, Mutual Funds, Government, Manufacturing, and Retail & Distribution sectors. The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.
Using its domain knowledge and through continuous investment in technologies, 3i Infotech helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, IT infrastructure and disaster recovery solutions. 3i Infotech has a presence across 5 continents and serves customers in 50 countries.
For almost two decades, 3i Infotech has been serving the Middle East and Africa region. 3i Infotech's list of more than 1,500 customers includes those in the GCC countries, Africa, Mauritius, the Central Asian Republics and the Mediterranean countries.
For more information, please contact:
M.B. Battliwala,
Senior General Manager and
Head - Global Marketing & Public Relations
3i Infotech Limited,
Akruti Centre Point, 6th Floor
M.I.D.C Central Road
Next to Marol Telephone Exchange
Andheri (East), Mumbai - 400 093,
India.
Tel: 91-22-39145560
Fax: 91-22-39145520
Email: corporate@3i-infotech.com
Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.