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For Immediate Release
Geometric forms a Consulting Group
Mumbai, India, June 21, 2012: Geometric Limited (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM), Global Engineering Services, and Offshore Product Development (OPD) solutions and technologies, today announced that it is strengthening its consulting capabilities, through the formation of a focussed Consulting Group. Geometric has over two decades of experience across product lifecycle services and software product development, as well as over 65 years of experience in engineering service that it intends to leverage to offer key solution-based offerings in the product realization space to its customer.
Speaking about the formation of this group, Mr. Venkatesh Jagannath, Senior Vice President and Head, Consulting & Technology, Geometric said, “Customers today are demanding ‘solutions’
Mr. Sreekanth Jayanti, Principal Consultant, Geometric added, “The role and usage of PLM across the entire product realization cycle is expanding, and customers are looking at opportunities for further leveraging their PLM assets. They want to increase its ROI, and are also rationalizing their application portfolio in line with business needs. The addition of our consultancy services will enable them to move in this direction with a definitive roadmap and benefit from Geometric’s rich experience in the space.”
The Group offers consultancy in the areas of technology assessment and roadmap, application portfolio rationalization, and PLM ROI improvement to OEMs across multiple industries including the automotive, aerospace, off-highway, and heavy engineering.
Headquartered in Mumbai, India, Geometric was incorporated in 1994 and is listed on the Bombay and National Stock Exchanges. The company recorded consolidated revenues of Rupees 8.08 billion (US Dollars 167.51 million) for the year ended March 2012. It employs over 4500 people across 12 global delivery locations in the US, France, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.
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