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NIIT makes strategic investment in US Internet solutions company 

Neeraj Saxena  
New Delhi, May 31: NIIT on Wednesday announced a strategic investment inAtlanta-based Internet solutions company OneWeb Systems.

The unspecified investment is in line with NIIT's strategy to make severalinvestments, rather than go for a single mega acqusitions. Through thisstrategic alliance with OneWeb Systems, thee company is aspiring to build alead in solution delivery, helping customers get their new e-businessprojects to market in shortest possible time.

The alliance will give OneWeb access to NIIT's systems integrationexpertise, global customer base and the SEI-CMM Level 5 assessed softwaredevelopment facility. Both companies will seek to address the e-businesssolutions opportunity globally.

OneWeb's software is one of the first scalable Web application developmentsolutions completely managed through a Web browser. And, it is designed foruse by everyone, from the knowledge worker to the most advanced developer.

As a result, the OneWeb software used by NIIT for rapid deployment ofsolutions can also be used by the customers to manage the solution andramping up the production.``This alliance is a major step in implementingour vision of deploying pioneering technology for e-commerce solutions tothe benefit of our global clients,'' said NIIT president of strategicalliances C N Madhusudan.

"OneWeb's software is effective in expediting and simplifying Web sitedevelopment. It dramatically lowers the cost and effort required to managesites. We expect our clients to benefit greatly from this partnership andlook forward to using OneWeb products in our e-solutions practiceworldwide,'' he added."Our software, when combined with integration anddevelopment services provided by NIIT, will give our customers an unmatchedcombination of speed, quality and reliability in the delivery of e-businesssolutions. And, an alliance with NIIT will give our company a new globalreach, access to SEI-CMM Level 5 assessed processes and solutionscapability, while providing NIIT with new business opportunities and acompetitive advantage in delivering e-business solutions,'' said OneWebpresident George Welborn in a statement.

As the developer of OneWeb Advantage software, an integrated Web applicationdevelopment environment, OneWeb Systems provides complete design anddevelopment services in support of its customers and solutionprovider network.

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