Pyro rings into IBM for enhancing solutions and service offerings

IBM announced that Pyro, a
pioneer in providing innovative
mobile-technology solutions, has engaged IBM as a strategic partner
in a $19 million engagement over a period of five years. As a
strategic advisor, IBM will help Pyro with the development, testing,
and management of its large portfolio of various products and
solutions as well as value-added services (VAS) in the telecom
industry domain.

style="font-weight: normal;">Pyro
has witnessed significant growth in the past few years and has
established itself as a leading player in mobile-technology solutions
market. While the demand of business is expected to increase
manifold, it was critical for Pyro to have a competitive advantage
through innovative and more customer-centric service offerings. The
engagement will enable Pyro to develop cutting edge products, better
address customer needs, and achieve faster go-to-market.

To continue with our rapid
growth in the Indian market and strengthen our global footprint, we
needed a partner with strong domain knowledge and proven track
records. With this deal, IBM will help enhance our product portfolio,
streamline our processes, and bring greater cost efficiency. IBM's
proven technology expertise will also enable us to increase our
resource utilization, adopt best industry practices, and change
methodologies effectively, said SM
Reddy, CEO, Pyro Group.

During the course of
multiyear engagement, IBM will be responsible for providing
application development, testing and management services, along with
offering its deep expertise in the telecom domain. IBM will also help
Pyro in establishing industry best practices in terms of project and
knowledge management by bringing in improved processes, methodologies
and standards.

"Pyro is a very
innovative company in a dynamically evolving VAS marketplace. The
engagement gives IBM an opportunity to help Pyro strengthen its
market presence by enabling the company to focus on its core
business, said Vanitha Narayanan,
Managing Partner-Global Business Services, IBM India/South Asia.
By partnering with IBM for solution development and testing, Pyro
will be better positioned to respond to the changing market and
customer demands.