Progress Software to focus on telecom, airports

Chennai/Hyderabad: Progress Software India, the India arm of US-based Progress Software Corporation, is looking to tap data integration markets in India, particularly in aviation and telecom sectors. To this effect, the company is already in talks with at least two major telecom players apart from some airports that have announced to upgrade their information technology infrastructure, according to its vice-president (products) and centre head Ramesh Loganathan.
Progress has invested $5 million (about Rs 24 crore) in its Hyderabad development centre under Phase I. It is in the process of increasing its workforce and operations by 50 per cent in two years.
19/08/09 Business Standard

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Categories: Airports Aug 2009