Cranes software to foray into enterprise space

By agencies   |   Monday, 14 November 2005, 20:30 IST
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NEW DELHI: Having raised $24.54 million through a preferential issue of shares, scientific and engineering software products Company Carnes Software Intl is now looking to foray into enterprise space and add significant service delivery capabilities. The company has entered into the package software space with a series of acquisitions, will address the enterprise space through enterprise portfolio management solution InventXePM. For this the company is hiring another 40-60 people for implementing InventXePM. In the last 15 months the company has increased it’s headcount by more than double to 454 people. Cranes Software’s President, Richard H Gall said, “We will continue to hire at this space and 20 percent of the growth in headcount will be for our servic3es business."