Fri, Apr 28, 2017 | updated 11:35 PM IST

Canadian Tech Leader SOTI to invest USD 12 million in Indian market

Updated: Aug 11, 2016 11:07 IST      
Canadian Tech Leader SOTI to invest USD 12 million in Indian market

New Delhi, Aug.11 (ANI):SOTI Inc. the world's leading provider of Enterprise Mobility Management (EMM) and?Bring Your Own Device (BYOD) solutions' CEO Carl Rodrigues announced today an investment of USD 12 million in the Indian market, through the increase of the current employee base in the country, adding 300 new jobs within the span of two years. SOTI has also expanded its operations into a new state-of-the-art facility -- built on the vision of creating an environment to enable creativity and foster innovation.

According to a study[1] by NASSCOM and Deloitte, the global enterprise mobility market has been pegged at USD 140 billion by 2020 - with Asia-Pacific to grow by 21 percent. As per Gartner's 2016 Hype Cycle for ICT in India, improving a business' competitiveness and operational efficiencies is the major driver for enterprises adopting EMM throughout the country. Along with the maturity of the solutions offered and functions becoming more standardized, even across industries, the adoption of EMM in India will continue to increase exponentially for another 5 to 10 years.

"This is an exciting time to be in India. With the proliferation of mobile phones, the Indian ecosystem is undergoing a monumental digital disruption. We believe with SOTI's competency in enterprise mobility and focus on enabling business transformation across vertical sectors, we are uniquely positioned to execute on a connected enterprise mobility and IoT strategy," Carl Rodrigues, CEO, SOTI Inc. said. "We have a deep focus on innovation, and this expansion is part of the company's larger R&D growth strategy. SOTI is leading the way to the next generation of mobility management," he added.

His Excellency Nadir Patel, High Commissioner for Canada to India, said, "I would like to congratulate SOTI on their USD $12 million investment in a new state-of-the-art facility in India. With this investment SOTI has made India their Asia Pacific hub which will promote innovation, research, and development in the IT sector and I look forward to following SOTI's ongoing success. This announcement by SOTI is another example of a Canadian company taking advantage of the growing business opportunities in India and reflects the robust Canada-India trade relationship."

SOTI is the only player in the industry that works across solutions for both the knowledge and task worker, rugged and consumer devices, connected peripherals, and all major OS's. Known as the industry leader in Android management, SOTI's Android+ technology includes over 95 device manufacturers representing more than 90 percent of the Android device market. SOTI's Android+ leadership is recognized within the Indian marketplace, as the company continues to build out its local partner network, offering the deepest management across the broadest range of Android OEMs.

Over the span of three years, SOTI's presence in the Indian market has successfully built a very strong network of reseller partners and top OEM relationships. Awarded a 5-Star rating in its 2016 Partner Program Guide by CRN®, SOTI has the solutions and capability to support operations of any scale throughout India. (ANI)

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