SynerTrade Partners with KPIT to Create an eXperience Center in India, Further Expanding Its Global Presence

April 9, 2015 | By Business Wire News

NEW YORK

SynerTrade, Europe’s leading provider for purchasing technology, today announced an alliance with KPIT (BSE: 532400, NSE: KPIT), a global provider of technology, consulting and engineering solutions to Automotive, Manufacturing and Energy & Utilities organizations, making KPIT the main global partner for SynerTrade. KPIT will dedicate a consulting team for SynerTrade’s solutions, allowing SynerTrade and KPIT to jointly expand their global market share.

KPIT’s eXperience Center for SynerTrade will focus on user training and project implementation. Currently, India is the focus but the alliance aims to rapidly scale to other geographies. This partnership will enable SynerTrade to enhance its strength at the local level and also rapidly gather new references; increase its sales, deployment, user support and auction management capacities, leveraging KPIT consultants’ expertise and knowledge of SynerTrade solutions.

“This partnership with KPIT is concrete proof of our will to rapidly increase our international presence and to be able to accompany our customers closer to their needs. In the countries where KPIT is based, consultants are our direct link to our customers and we are convinced that this approach will allow us to acquire new common references faster,” comments Franck Le Tendre, General Manager of SynerTrade.

“Our strategic alliance with SynerTrade is an opportunity to tap the ever growing market for services around global procurement,” said Rama Raju Indukuri, Global Head, Enterprise Solutions, KPIT. He further stated, “Our focus is specifically on enabling customers who are struggling with legacy processes. This partnership will provide us global advantage to deliver robust procurement solutions to the customers in our target industries.”

About KPIT Technologies

KPIT Technologies, one of the fastest growing global technology consulting and product engineering partners, is focused on co-innovating domain intensive technology solutions for corporations, specializing in automotive & transportation, manufacturing, and energy & utilities. KPIT currently partners with 200+ global corporations including OEMs and Tier 1 companies. For more information, visit www.kpit.com.

About SynerTrade

SynerTrade is the European leader of software solutions dedicated to Procurement. It addresses the challenges and opportunities of the CPO – alignment with the business, accountability for savings, productivity, compliance, open innovation and risk management. With 250+ customers, SynerTrade has in-depth knowledge of purchasing issues in numerous industries. For further information, please visit www.synertrade.com.