Transerve Technologies inks MOU with SoftTech Engineers
Transerve Technologies and SoftTech Engineers have signed a Memorandum of Understanding (MoU). The MOU has been signed with an objective to enable product integration for SoftTech’s flagship software products which will be beneficial for both government and non-government organizations in the Infrastructure & Urban Development sector.
“Infrastructure” and “Urban Development” application areas together represent a 36% pie of the market approx Rs.4000 Crore. SoftTech products powered by Transerve will have a significant edge over competition towards addressing this market. Both organizations represent the Make In India movement and use a completely indigenous development philosophy.
Ashish Raj, Chief Operating Officer, Transerve Technologies says, “We at Transerve see great potential in development in Infrastructure sector by strategically using spatial technology as a key differentiator. We are delighted to join hands with market leaders such as SoftTech Engineers Ltd. to take this forward.”
Under this agreement, Transerve will provide and integrate its geospatial platform Transerve Online Stack (TOS) with SoftTech’s flagship products AutoDCR, PWIMS, BIMDCR and OPTICON to leverage location data across the web and mobile environments to provide value added services to SoftTech existing and new clientele globally.
Vijay Gupta, Founder & CEO, SoftTech Engineers, says, “We are continuously striving towards developing the next generation functionality in our product portfolio. Accordingly we are delighted to partner with Transerve Technologies to integrate their innovative spatial stack in our flagship products.”