subject: Nagaraja Prakasam Promoted To Additional Role Of Managing Director Of Sales For South And Southeast [print this page] FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE
Nagaraja Prakasam Promoted To Additional Role of Managing Director of Sales for South and Southeast Asia
CDC Software Plans to Expand its Bangalore Center of Excellence by 15 Percent this Year
BANGALORE, May 25, 2010 - CDC Software Corporation (NASDAQ: CDCS), a global provider of hybrid enterprise software applications and services, today announced it has promoted Nagaraja Prakasam, managing director of CDC Softwares India operations, to the additional role of managing director for South and Southeast Asia, and plans to expand its product engineering operations in India by 15 percent this year.
CDC Softwares Center of Excellence in Bangalore currently has 229 employees focused primarily in the product engineering activities for the companys Front Office products that include CDC Pivotal CRM, CDC Respond, enterprise complaint management solutions, c360 and CRM add-on products. In addition, worldwide support and service activities are also based there.
Prakasam has held a variety of management roles at CDC Software for nearly 14 years. After an accomplished career at the companys U.S. offices, he moved back to India four years ago to lead CDC Softwares Bangalore product engineering operations. In his role in the Bangalore operations, Prakasam doubled development resources and built a Center of Excellence for the companys Front office solutions.
He also launched the CDC Softwares Global Franchise Program in India that is responsible for selling Pivotal CRM products in that country. In the two years since it was launched, Pivotal CRM has been implemented in some of the leading brands in India.
I am pleased to be back in Bangalore today, and deeply honored to announce Nagas promotion, said Peter Yip, CEO of CDC Software. CDC Software believes India and the Southeast Asia region holds significant growth potential in the coming decade, and with Nagas leadership, we are well positioned for sales expansion there. Im also very excited about the expansion of our Bangalore Center of Excellence which started as a development center just seven years ago. This Center is developing innovative Front Office solutions by leveraging its extensive development and domain expertise, as well as its use of the Agile development methodology. Notably, it is our use of Agile that has helped us achieve fast speed-to-market delivery and enhanced quality in our products, as well as building an exceptional collaborative product development organization.
Im very excited about this new role and look forward to pursuing the many significant revenue opportunities offered in India, as well as tapping into emerging markets in South and Southeast Asia that hold a lot of potential for future growth, Prakasam said. CDC Software has an innovative and broad product portfolio that we believe would be a great fit for this growing region. The expansion of our product engineering operations here reflects our strategy to continuously meet the growing needs of our worldwide customer base, and it also illustrates our commitment to the important technology sector in India. We also plan to increase our sales channels in India, which we believe is a high growth region for our enterprise hybrid solutions that include offerings in on-premise and cloud deployments. Already, we have channel partners in Southeast Asia and expect to expand there, as well as sign up new partners in South Asia.
