Bodhtree Partners with Red Hat for MIDAS (Multi Industry Data Anomaly Solution)

Hyderabad, India (PressExposure) August 31, 2009 -- Hyderabad: Bodhtree Consulting Pvt Ltd, ( provider of IT Services, IT enabled solutions with niche areas of technology incubation, product engineering and data management and consulting has entered in to a strategic partnership with Red Hat as Independent Software Vendor. Bodhtree's MIDAS - the Multi Industry Data Anomaly solution, is now available on Red Hat JBoss enterprise platform.

Red Hat will provide Bodhtree easy access to the tools and resources necessary to further enhance its MIDAS Solution.

MIDAS has been developed targeting enterprises, to solve data complexities, accuracy and integrity problems and give cost advantage by saving millions of dollars spent on managing unclean data and optimizing data base utilization.

MIDAS helps enterprises cleanse, enrich, integrate and manage their data assets spread across disparate applications. MIDAS is bundled with multiple adapters that can connect to host of ERP / SAAS / CRM / Legacy / Database applications. Its rule engine coupled with generic SDK enables to quickly deploy data processing rules as per the customer requirement. MIDAS is managed by centralized web based console which adheres to role based access control mechanism.

MIDAS will change and propel the data quality management landscape. Now enterprises can rely and depend on MIDAS to make sure their data assets in the IT infrastructure are relevant, clean and well organized, by discarding data anomalies.

Open source strategies have become an important cornerstone in the IT ecosystem; much more relevent in the recession hit economic scenario. Enterprises are embracing technologies that would bring in more value addition with less TCO. Bodhtree's MIDAS will leverage the open source technologies of Red Hat and target various business verticals globally, offering low cost SaaS based soluitons helping CIOs' and CFOs' address and arrest huge financial wastages arising out of data anomalies.

MIDAS is based on an open standard based J2EE application that uses flexible, scalable and robust proprietary tools and processes to address issues of data hygiene across industries and verticals. It is designed to meet the finest industry practices in the form of vertical specific pre-canned data hygiene steps, data connectors and reports.

Elaborating on the association, Sandeep Sehgal, Head - Government Vertical and ISV said, "The association with BodhTree will enable us achieve synergy in our offerings for the enterprise segment. We hope to provide a holistic set of services to our clients to ease out the adoption and implementation of JBoss applications and thus enhancing ease of adoption."

"Red Hat enables its ISV partners with 'Certify Once, Deploy Anywhere' through Red Hat Virtualization Platform. This prepares our partners to embrace new market opportunities where customers are demanding virtualization to save cost and improved service delivery."

"Today's businesses have compelling demands to implement open source strategies across their environment, fulfilling cost arbitrage apart from building cost effective products with more efficient choices, making it an appropriate time to partner with Red Hat for MIDAS" Says Sanjiv Gupta, CEO Bodhtree Consulting.

We have observed that in the last few years, the I.T ecosystem supporting Red hat and Jboss technology suite is enjoying rapid growth, and Bodhtree will augment and want to stay ahead in the race, in partnership with Red hat.

Dr.Akila Jaikumar, Senior Vice President, Says, " We want MIDAS to adopt to various technologies and platform, its availability on Red hat technologies will certainly be a value add to growing open source culture in I.T landscape"

MIDAS is data security compliant that is equivalent to BS-7799 standards, and comes with a role-based access control mechanism (RBAC), secure FTP Transmission channels, and 24/7 global delivery support center.

MIDAS is built on an SOA and JSR 168-compliant architecture with in-built data connectors for industry leading OLTP/ERP/DSS systems like SAP, Oracle EBS, Salesforce, Siebel CRM, SugarCRM, Quickbooks, EDI Connectors, JMS, XML, CSV and MSExcel.

Commenting on this partnership, Raghavan Madabhushi, Head - SOA & DW of BodhTree says "Data management is seen as an important asset in the overall I.T Assets of an organization, MIDAS can be easily customized to any industry, it will help create a clean data, to help Red-hat customers to make a right decision. MIDAS on red hat technology will create business value across verticles. We will strategize MIDAS on various aspects of data anomaly to these important customers; MIDAS with red hat compatibility will deliver the required value."

The MIDAS application is the outcome of market expertise gained through providing Fortune 250 and Forbes 200 clients with Data Management Services, Spend Management Services and Business Intelligence Solutions. BodhTree currently provides services to over 300 clients that represent healthcare, publishing, media, and pharma, finance, life sciences, and entertainment, retail and distribution industries.

About Bodhtree Consulting Limited

BodhTree is a specialty company offering IT services and solutions since 1999 in the niche areas of Business Intelligence, Data Management, Spend Analytics, Data Warehousing, SOA Consulting, Document Management, Patent and Trademark Analysis, Testing and Product Development Outsourcing. Bodhtree customer base covers healthcare, pharmaceutical, hi-tech, manufacturing, government and media organizations across the world.

Headquartered in India with sales offices in the USA and UK, BodhTree is a public listed company. It has been the incubator for several companies with interests in other business areas. With credible partners such as Owens & Minor (Spend Analytics for US Healthcare), HP and Confluent (High Tech and SOA), e2e Analytics (Business Intelligence and Analytics on Demand) and Microsoft (E-Publishing, E-Learning, and Mobile Classified Search), BodhTree has created many customer success stories.

Bodhtree's Center of excellence (CoE) focuses on extending competency in the areas of SaaS and Cloud computing. CoE identifies technology trends and provides thought leadership, sets direction refine methodologies and processes for SaaS based solutions, also enabling companies to leverage our cloud computing services and share best practices.

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Press Release Submitted On: August 31, 2009 at 6:03 am
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