Home
Sitemap
News and Events
 
AgreeYa Solutions Expands to Bangladesh with 4th Global Delivery Center
 
Announces Acquisition of Soltius Bangladesh
 
Dhaka, Bangladesh – June 22, 2009: AgreeYa Solutions (AgreeYa), a US-based global provider of business and technology services and solutions has formally announced its acquisition of the Bangladesh operations of Soltius Infotech, a global provider of IT solutions and services. AgreeYa will be the first CMMI Level 5 company to operate in Bangladesh with the opening of their 4th global delivery center in Dhaka.

Since its founding in 1999, AgreeYa has established itself as a leading provider of technology, consulting, and outsourcing services to customers worldwide. AgreeYa provides services through its O3 delivery model, leveraging its Global Delivery Centers in the US, India, and Mexico, and maintains a strong focus on quality and customer satisfaction. The company provides solutions and services to all major industry segments of the global economy, including distribution and logistics, energy and utility, financial services, healthcare, public sector, software and high-tech, telecommunications, and travel.

Soltius Infotech is a global IT solutions and services company which has a formidable IT footprint in 13 countries across the globe: Australia, Bangladesh, China, India, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand, United Arab Emirates, United States, and Vietnam. Headquartered in Singapore, Soltius is an award-winning SAP solutions provider with additional competencies in Microsoft and Java technologies. Their solutions offerings include customer care and billing systems, ERP, supply chain management, B2B integration, and mobile solutions.

AgreeYa has partnered with India-based Soltius (Soltius India) on various technology projects since 2001, from mobile application development to SAP and web development engagements. In an effort to continue building competencies in their Java and Microsoft practices, along with the opportunity to expand their global presence to Europe, AgreeYa pursued the acquisition of Soltius India in 2008. Following this acquisition, AgreeYa continued its aggressive growth plan and expansion into the Middle East, India, and Asia-Pacific. For the past year, AgreeYa has been working with the Bangladesh operations of Soltius (Soltius Bangladesh) on various technology engagements for customers such as Bangladesh Bank, AB Bank, and Unique Group of Companies, to implement enterprise and banking solutions. As a mutually beneficial direction for both companies, the strategic decision was made for AgreeYa to acquire Soltius Bangladesh and establish its 4th Global Delivery Center (GDC) in Dhaka.

AgreeYa’s new GDC in Dhaka will become the complementary hub of offshore development services to its GDC in NOIDA, India. They expect to employ 500 ICT professionals in Bangladesh over the next three years. The Bangladesh GDC will also become a regional hub for global IT staffing services and has already begun deploying Bangladeshis to implement solutions in the Middle East and Far East Asia. This will be a major breakthrough for the ICT sector in Bangladesh, and AgreeYa has drawn an extensive plan to tap into the local pool of talented resources for its GDC and global IT staffing services as a major source of revenue.

AgreeYa has been working with the Bangladesh operations of Soltius (Soltius Bangladesh) on various service engagements for both public and private sectors inside and outside Bangladesh. According to Madhukar Joshi, previous Chairman of Soltius Bangladesh and now the Regional Head of the Middle East and Asia-Pacific for AgreeYa Solutions, “It was a perfect matchmaking for both sides. While Soltius Bangladesh was considering the possibility of a new partnership to further expand its reach and capacity, AgreeYa on the other hand was in hot pursuit for the most competent partner for expanding into the emerging market." Adding to that, he said, “The timing could not have been better. AgreeYa comes with its long radius of coverage ranging from Fortune 500 companies to United States Government. It considered the potentiality of Bangladesh, both as a market and resource destination, simultaneously when the Bangladesh government also took inspiring initiatives in partnership with private sector with a vision towards Digital Bangladesh. It therefore became inevitable for Soltius and AgreeYa to join hands for Bangladesh."

AgreeYa intends to make a significant contribution to the national vision of a Digital Bangladesh by bringing its extensive experience with some of the largest governments and conglomerates in the world. As part of the AgreeYa global family, the Bangladesh team will serve our global customers in the areas of eGovernance, ERP, business intelligence, internet and mobile banking, portal and social computing, eLearning, and mobile and embedded computing. By working for global customers, the team will gain exposure to cutting edge technologies and then bring that expertise to the local market to serve our customers in Bangladesh. AgreeYa’s vision is to accelerate the adoption of technology and solutions by bringing tried and tested technology, solutions, and industry templates to the Bangladesh market.

AgreeYa has defined a multi-pronged market strategy for AgreeYa Bangladesh in terms of offerings:
  • Consulting. To provide IT and business consulting services to the private and public sector. This will include IT strategy and roadmap development, business process assessments and reengineering, product and solution evaluation, enterprise architecture assessment and roadmap development, and identifying innovative solutions for business challenges.
  • Technology. To provide internationally proven technology solutions in the areas of eGovernance, ERP, business intelligence, internet and mobile banking, portal and social computing, eLearning, and mobile and embedded computing. To bring robust industry templates to the Bangladesh market around Financial Services, Banking and Insurance, Energy and Utility, Telecommunications, Healthcare and city and state governments.
  • Outsourcing. To integrate AgreeYa Bangladesh into AgreeYa’s global delivery capability and provide unprecedented value to their customers in the US, Europe, Middle East, India, Bangladesh, and the rest of Asia.
Expressing his firm commitment and confidence in the future success of Bangladesh as an offshore development and delivery hub, Ajay Kaul, Managing Partner of AgreeYa Solutions, said “We have high hopes from ourselves for Bangladesh and from Bangladesh for us. We are convinced that AgreeYa Bangladesh will extend our global capabilities, provide strategic value to our global customers, and introduce Bangladesh to global standards and templates to create a win-win situation for the country, AgreeYa, and our customers. We see a new era of economic progress in Bangladesh, and we are very excited to be a part of it."

About AgreeYa Solutions
 
AgreeYa Solutions is a Technology, Consulting, and Outsourcing services provider delivering competitive advantage through our partnership approach, global capability, and flexible delivery model. We specialize in enhancing organizational performance through the effective and efficient application of technology solutions for our customers worldwide.

Founded in 1999 by leaders from global consulting and systems integration firms, AgreeYa is headquartered in the US and has global operations in Mexico, the Middle East, and India. We provide services to all major industry segments of the global economy, including distribution and logistics, energy and utility, financial services, healthcare, public sector, software and high-tech, telecommunications, and travel. AgreeYa has been providing high quality solutions and services to customers such as Acer, Alcoa, Allergan, Daimler Chrysler, Deloitte, Fujitsu, Gap, HP, Kaiser Permanente, Lucent, Mitsubishi, Nissan, State of California, State of North Carolina, State of Washington, and Verizon.

For more information, please contact:

AgreeYa Bangladesh
Amitabh Noor
Manager, Business Development
House No 11/B (First Floor), Road 30
Gulshan 1, Dhaka 1212
Tel: +880 2 8832133, 8828412
Cell: +88 01714499898
amitabh.noor@soltius.com.bd

AgreeYa Solutions (Headquarters)
Andrea Harris
Global Marketing & Communications Manager
AgreeYa Solutions, Inc.
110 Woodmere Road, Suite 100
Folsom, CA 95630
USA
Tel: +001 916 351 2529
andrea.harris@agreeya.com