SDA India is an online resource for Software, Development,IT, Architecture, Open Source, Mobile, Security, Databases, Delphi, C, OS, Asp, .Net, Php, Xml, Java
From the News Desk
Thursday, 28. September 2006
ILOG Opens Subsidiary In China
ILOG has established a subsidiary in China to support its expanding business operations in the country, recruit and manage its partnerships there and create an increased demand for ILOG's products in China. Based in Shanghai, ILOG Software Technology will a wholly owned foreign enterprise led by Bounthara Ing, ILOG's Deputy CEO and executive vice president in charge of Asia Pacific operations. The company previously had a Beijing representative office in China.
By establishing the subsidiary, ILOG hopes to benefit from the rapid growth anticipated in the Chinese IT market and the drive for Chinese companies to create a local software industry. IT spending in China is expected to grow at 14 percent this year, outpacing the 5.8 percent growth expected in the US, according to research firm IDC. The company also hopes to leverage the need for process automation and business agility, as well as planning and scheduling solutions to help Chinese companies better respond to the hyper-growth they are experiencing as a result of their booming economy.
Located in the Pudong Software Park, the new subsidiary will provide sales, service, and training for ILOG's growing Chinese customer base. The Company is also planning to tap local technical talent through the creation of a competency center, which will work closely with its local partners to deliver services and software solutions that will benefit
ILOG customers worldwide.
Consistent with China's 'Eleventh Five-year Plan,' which has specifically identified as a goal the development of an 'innovation-oriented country,' Chinese Premier Wen Jiabao recently said the central government would increase spending on science and technology by nearly 20 percent this year.
"To materialise its goals on the IT front, Chinese companies will need software to help create their own innovations they can export to the rest of the world," said ILOG Chairman and CEO, Pierre Haren. "By establishing this subsidiary, we hope to capitalise on the demand for home-grown innovation by providing software tools and solutions to help China realise its goal."
By establishing the subsidiary, ILOG hopes to benefit from the rapid growth anticipated in the Chinese IT market and the drive for Chinese companies to create a local software industry. IT spending in China is expected to grow at 14 percent this year, outpacing the 5.8 percent growth expected in the US, according to research firm IDC. The company also hopes to leverage the need for process automation and business agility, as well as planning and scheduling solutions to help Chinese companies better respond to the hyper-growth they are experiencing as a result of their booming economy.
Located in the Pudong Software Park, the new subsidiary will provide sales, service, and training for ILOG's growing Chinese customer base. The Company is also planning to tap local technical talent through the creation of a competency center, which will work closely with its local partners to deliver services and software solutions that will benefit
ILOG customers worldwide.
Consistent with China's 'Eleventh Five-year Plan,' which has specifically identified as a goal the development of an 'innovation-oriented country,' Chinese Premier Wen Jiabao recently said the central government would increase spending on science and technology by nearly 20 percent this year.
"To materialise its goals on the IT front, Chinese companies will need software to help create their own innovations they can export to the rest of the world," said ILOG Chairman and CEO, Pierre Haren. "By establishing this subsidiary, we hope to capitalise on the demand for home-grown innovation by providing software tools and solutions to help China realise its goal."
