S Kalyana Ramanathan / London November 09, 2009
Chennai-based software company Fifth Generation Technologies India (5G) will soon join a long list of small and large Indian businesses to set base in the northeast of Britain, with its new research and development centre in Sunderland Software City.
The company will commence its operations in this new centre by mid-November and will initially focus on using the centre as a sales and marketing platform for fresh businesses in Europe. The company plans to invest £2 million in this new centre.
Ananth Seshan, CEO and MD, said 5G would also use the strong academia base in the region (like Durham, Newcastle and Teesside universities) to develop non-invasive software for improving energy efficiency in the manufacture sector.
5G specialises in developing business intelligence platforms, analytic applications and performance management products in the manufacturing sector.