In Highbar Technologies Ltd. has entered into a tie-up with SAP, worlds foremost ERP company to launch Highbar CloudConnect, which offers SAPs Business All-in-One solution, specially designed to address the needs of the infrastructure and real estate industries. The solution is aimed predominantly at the SME segment and joint ventures companies in the sector.
Highbar CloudConnect has been customized to address the unique requirements of the infrastructure and real estate industry, such as project planning and execution, procurement and sub-contracting, project billing, equipment procurement, utilization and maintenance, document controlling, land acquisition, sales, leasing, post-sales handling, etc in addition to regular corporate functions such as accounting, finance, HR and payroll, costing, etc. These multiple offerings will enable the industry to have a wider choice, making it possible to take an informed decision based on their specific needs and requirements.
Highbar is the partner to go tofor the engineering, construction and operations Substantial reduction in upfront industry for Business All-in-One solution investments - pay per user per on cloud, SAP will provide licenses on month pay per user per month basis and all the necessary support.
Commenting on the launch Satish Pendse, President, Highbar No need for own SAP manpower for Technologies Ltd. said, Cloud ongoing support computing as a concept has been around for a while and is gaining De-risking acceptance across globe rapidly.
Level playing field for SMEs Segment However, there are no specific enterprise solutions on cloud for infrastructure and Best suited for JVs (limited life span) real estate sectors. In India there are a India there are a few thousand companies in SME sector, and it is estimated that the cloud market for ERP in intended segment itself can be in the range of Rs. 600 Crores annually, which will grow to Rs. 900 Crores annually in 5 years.
He further added, Highbar Technologies vision is to be the end-to-end IT service provider for infrastructure industry. With Cloud as gaining acceptance as a Software-as-a-Service (SaaS) model, we have forayed into it to provide wider service basket for the sector.
Highbar Technologies have a focused approach of providing IT solutions to the real estate and infrastructure industry in India, said Peter Gartenberg, Managing Director SAP India Combining the power of SAP ERP with Highbars expertise and offering the industry the option of a cloud model is the right move forward. SAP is pleased to extend full support and strengthen our association with Highbar Technologies.
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