UST Global to provide IT solutions to US firm Dana
Thursday, 17 July 2008, 19:30 IST
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Thiruvananthapuram: IT services provider UST Global announced Thursday that it has entered into a five-year contract with Ohio-based Dana Holding Corp to provide IT solutions. The California-headquartered UST Global, which has a major presence in Kerala's IT industry, in a statement here said the tie-up would help Dana improve its operational efficiencies and lower total cost of ownership. "Dana had been seeking to move to a global sourcing and delivery model in order to lower its operating costs, while also providing shorter time-to-market for its e-business applications," said Bill Umberger, director of IT corporate services for Dana. "In addition, it needed a stable resource support structure to provide a global delivery framework that could quickly ramp-up, when needed, to handle emerging e-business development requirements," he added. Dana is a world leader in the supply of axles, drive shafts, structural, sealing, and thermal-management products. Of the 5,500 employees of UST Global, more than 3,000 are employed in Kerala at the Technopark in Thiruvananthapuram and its Kochi office.
Source: IANS
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