Samtech forays into HRMS software

New Delhi-based Samtech Infonet has forayed into the Human Resource

Management Systems (HRMS) software market in the US with the launch of HR2.

Targeted at small and medium businesses, the company has already implemented the

solution at three client sites.

Samtech is looking at addressing the US market only as the product is very

domain specific. Says Alok Gupta, MD, Samtech Infonet, "We will be

spreading our resources too thin if we expand to other markets now."

Customizing the product to meet the statutory requirements of other markets,

including Europe at a later stage, is not ruled out.

The software uses IBM’s DB2 to ensure that it can be used across various

platforms. "The component based architecture of the product will mean

faster customization," says Alok. The company has also ruled out the option

of tying up with other software development companies to take the product to

other markets.

Samtech has signed up with Old American Inc to distribute the product in the

US. All market development activities will be taken care by the distributor.

"Old American has recruited three people to address the marketing issues

related to the product," adds Alok. 

Samtech has also stationed three employees in the US to help the distributor

and customers to address the support issues. "They will also be involved in

the pre-sales process," states Alok. With three customers already in its

kitty, the company is looking at generating $ 4 million from the product by

September next year.

MOHIT CHHABRA