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Magnasoft and FIT, France form strategic alliance
By siliconindia
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Monday, 14 April 2003, 19:30 IST
BANGALORE: Magnasoft, a provider of end-to-end GIS solutions, Monday announced a strategic alliance with FIT of France, a leading GIS solutions firm. The alliance enables FIT and Magnasoft to leverage complementary technology, project management skills and diverse domain expertise of the partners in Infrastructure, Real Estate, Urban Planning, Utility Networks, Cadastral Information Management along with application development expertise to provide innovative, and comprehensive GIS solutions to customers.
The partners would collaborate in the areas of Application Development, GIS Consulting, Remote Sensing and Digital Mapping and would span segments such as Urban Planning, Utilities, Transportation, Water and Waste Water.
Magnasoft and FIT will target projects, not only in France but also in other countries of Europe, which is the second largest market in the world after the US. FIT currently has projects in Portugal, Hungary, U.K., Ireland, Estonia. Magnasoft is executing projects in Europe, Australia and U.S. Both partners are already working together in the areas of land information systems for several towns in France and in other domains.
Eric Thalgott, President, Groupe FIT said "This alliance is the culmination of our past working over the last one year. We have been able to build a partnership based on trust and complementary competence. I believe, together with Magnasoft, we can take GIS Solutions to many new customers in Europe."
"Groupe FIT is a leading Infrastructure Consulting company with very deep and wide expertise in Infrastructure projects. It is a privilege for us to partner FIT for the European market. Magnasofts growth strategy is based on the partnership model and we are fully committed to make this alliance a great success." said S. Sridhar, Managing Director of Magnasoft.