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Sierra Optima renamed
Sierra Atlantic Software Services
Global Development Center at Hyderabad to focus on Integration (EAI)
solutions
Hyderabad, July 2002: Sierra Optima
Limited, The Application Networks Company, announced the change in its
name to Sierra Atlantic Software Services Limited. The name change follows
Sierra Optima’s restructuring of equity capital as a result of which it has
become a wholly owned subsidiary of Sierra Atlantic, Inc., USA.
The change in name - ushered in as ‘The New Wave’ - heralds a new direction
the company is taking with sharpened focus on the $18 Billion global
Enterprise Applications Integration (EAI) market. To cater to this market
Sierra Atlantic is building the Application Networks family of integration
products - for Customer Relationship Management and Supply Chain Management.
With engineering relationships with best of breed application vendors like
Oracle, SAP, Siebel, PeopleSoft, Agile and middleware vendors like TIBCO and
webMethods, Sierra Atlantic is well poised to offer products and services
for integrating business process flows and applications within and outside
the enterprise.
Mr. Sarath Sura, Managing Director, Sierra Atlantic Software Services Ltd.
said, Sierra Atlantic will leverage its partnerships with leading
application vendors and customer proximity in the US along with development
strengths and cost effectiveness of the Indian operation to deliver new
generation products and services. Sierra Atlantic’s Application Networks
will help us augment our enterprise application service offerings to include
productised integration solutions.
The Application Networks are integration frameworks, designed to be
scalable. Sierra Atlantic plans to target a broader market segment by
providing these solutions directly to customers as well as through partners.
Today’s challenging economic environment requires a differentiator and for
Sierra this is the Application Networks suite. Development of products
entails long gestation period and uncertain return on investment. It is in
this scenario that Sierra Optima had proactively offered its shareholders an
exit by way of return of equity capital.
About Sierra Atlantic
Sierra Atlantic, The Application Networks Company, integrates enterprise
eBusiness systems and supply chains for improved customer service,
operational efficiencies, and competitive advantage. Sierra Atlantic
Application Networks combine integration products and services to connect
leading enterprise applications, creating robust, integrated eBusiness
processes within the enterprise and across business partners. With
Application Networks, people and systems work together with greater
productivity, faster response time, and reduced errors.
Besides application integration solutions, Sierra Atlantic provides
enterprise software implementation services, custom software development
services, software maintenance and support, and business intelligence
solutions. Sierra Atlantic leverages its Global Development Center in India
to deliver products and services with superior quality and economics.
Founded in 1993, Sierra Atlantic is headquartered in Silicon Valley with
offices in Dallas, Chicago, New York, Singapore, Indonesia, and India.
Sierra Atlantic has over 275 customers such as Amkor, BP, Ciena, GE, HP,
Kmart, PPG, Sherwin-Williams, Sycamore Networks, and The Trane Company.
These include Fortune 1000 companies and emerging leaders spanning high
technology, process manufacturing and financial services industries.
Reachout's News
Bureau
-July '2002
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