Hyderabad|India|November'2009:
Dynamic Vertical Solutions (DVS), a market leader in India
providing end-to-end, integrated software solutions to the retail and
hospitality industries, has announced their strategy and growth plans
for Hyderabad. The company has recently signed a deal with
Taaza Stores for their
25 stores, 25 POS in the city and also is looking to expand to 50
stores by of March, 2010. The first store goes live November 23, 2009 in
Hyderabad. Taaza neighborhood stores offer a totally convenient shopping
experience, with a wide range of product and services in health and
beauty, dairy products, FMCG, fruits and vegetables.
For the region, DVS will offer its complete
suite of solutions to both the retail and
hospitality industries. Addressing the increasing
demand of internationally proven technological
solutions, DVS is pursuing a growing number of
potential customers in these sectors.
Commenting on the growth of the company,
Reshma Nagpal, Associate Director,
International Marketing, DVS, said "From the retail perspective,
the South and West regions are predominantly neck to neck as far as growth
is concerned. These trends are reflected in our business too. At present
we have 90+ customers, 3000+ stores and 6000+ POS users across the country
and would aspire to cross 200+ customers across all our territories, by
the end of the next fiscal year. Hyderabad is a large market for us with
established clients already and we are aggressively looking to double our
customer base in this city through our value addition portfolio."
At present from its clients based in Hyderabad, DVS has over 525 stores
across India successfully running their operations on the LS Retail suite
of solutions (This figure is for 3 clients in Hyderabad namely
CFL, Digital Shoppy and Viswas).
DVS PAN India clients ABRL and Sports Station International Private
Limited (S-SIPL) also have outlets in Hyderabad which are successfully
running on LS Retail.
"During this financial year, we will continue our focus within the
niche verticals of Retail and Hospitality. Due to market demands, we are
also in the process of bringing into our product portfolio a Property
Management Solution for Mall, Housing Complex and Business Centre
Management. In addition, we are putting our plan together for a Single
Store Solution." Reshma further added.
Having partnered clients in multiple industries that include large,
mid-sized and small enterprises, DVS is poised for further growth. The
company continues to invest strongly in Research and Development and
training of manpower to address the industry challenges in the growing
sectors like retail & hospitality.
According to Rakhee Nagpal, Founder &
Managing Director, DVS, "We are all very excited to materialize
our vision for DVS. The team at DVS expects to take the company to greater
heights by strengthening our regional presence through our growing partner
channel network across the country, enhancing market presence and customer
outreach."
DVS clients include many leading names like S Kumars, Kazo, Taaza,
Lilliput, Aditya Birla Group (More), Disney Artist, Seasons Furnishings
etc. In 2010, the company aims to consolidate its position for new
emerging verticals like Healthcare and Education as well as continuing its
focus on increasing depth in functionality for existing vertical
industries. DVS is headquartered in Gurgaon India and also has branch
offices in the Middle East & US, thus scaling up business from one country
to across three continents.
DVS has built its business through a 100 percent partner channel model.
Reachout's News Bureau
November' 2009