Bangalore, 8th September 2008: Sobha Renaissance Information Technology Pvt. Ltd., a Bangalore-headquartered global IT company, bagged a deal to implement R-Construct^TM, a Construction ERP (Enterprise Resource Planning) solution at Mfar Constructions. Mfar, a Bangalore based construction company, is a part of INR 34,000 crore GALFAR Group, a major construction player at Muscat & Dubai.  In India, the company has its presence in Hyderabad, Chennai, and Kolkata and currently manages forty eight construction projects.

Mfar was looking for an ERP solution that can resolve issues relating to their financial functions, pay roll and other manual transactions. Mfar awarded SRIT the ERP implementation project after analyzing seventeen other established ERP solution providers in the market. SRIT’s Construction ERP solution, R-Construct^TM has built-in industrial best practices that address all the financial, departmental, compliance and operational requirements of the industry. This enables optimal process integration and provides seamless collaboration between the various functions of a construction enterprise. R-Construct is planned to be implemented in Bangalore (Head) Office of Mfar Constructions, which connects all its regional and Project Site Offices (across India).

R-Construct^TM is tailor-made to suit the business management needs of various sectors in the construction industry and offers a unique, customized service package after a detailed requirement analysis. It also provides Business Process Re-engineering & Business Process outsourcing services. Being a comprehensive, end-to-end integrated, modularized, user-friendly construction ERP solution, R-Construct^TM is probably the only product that ensures, measures and takes responsibility for the client’s RoI.

Mohammed Suhail Gamidi, General Manager of Mfar Constructions says, “R-Construct^TM addresses most of the challenges faced by developers in the Construction Vertical. We, being a contractor in the construction business, needed few modifications and enhancements in the ERP solution. Tracking of P&M, Inventory at sites, Budget Vs Actual at each site has become a major problem. These problems should be resolved once R-Construct is implemented.” “Additional positive point is that Report writer, Dashboard, Work flow, Web enabled, etc which are usually available with high end ERP vendors is also made available with R-construct which will definitely assist the top management in making quick decisions,” Gamidi added.

Rajesh Ponnan, SBU Head, Construction Solutions, SRIT says, "We are combining ERP Software and Business Process Re-engineering (BPR) services, which delivers better benefits than just automation. Going a step ahead, we're planning Business Transformation Services (BTS) project for one of our clients. Process re-engineering will make improvements at a relatively micro level, focusing on business processes. Transformation works at a macro level, making quantum improvements in key business indicators. For effectively doing BPR as well as BTS, you need to effectively combine information technology, management consulting and domain knowledge. Many real-estate companies are warming up to the idea of transforming their business rather than making minor improvements through automation alone. We, at SRIT, are prepared to address these requirements"

The booming construction industry is facing heaps of unseen challenges, mostly due to diverse geographic location of the construction workers and multiple number of departments. In the prevailing Construction ERP industry, though there are number of established companies who are known for their ERP solutions, there are no clear leaders who understand the need of the industry. Sobha developers, having expertise in the construction field for more than three decades, has helped SRIT in developing construction ERP solution, R-Construct^TM, that completely fits the need of the customer.

R-Construct^TM was formally launched in “Construction IT ’08 - Realizing RoI from IT investments in the Construction Business” event organized by SRIT in partnership with Oracle, HP & Intel in Bangalore on the 27th of February 2008. The seminar witnessed over 70 attendees including a diverse group of MDs, Directors, industry representatives and media, who came together and shared their thoughts on the opportunities and trends in the Construction IT industry. SRIT has kicked off its presence in the construction ERP market with its customized ERP solution package, R-Construct^TM that offers one-stop solution for all construction IT related requirements.

About SRIT
SRIT is a global IT Solutions Company. Digitized HealthCare, Telecoms IT (OSS, NMS & BSS), Environmental Health & Safety Sciences, and Total Enterprise Solutions are the domains that SRIT specializes in. SRIT’s Enterprise Solutions Group develops software applications for several Fortune 1000 class companies such as The Boston Consulting Group (BCG), TUV Rheinland AG, MobiApps, American Telecare, and the French Generics. Headquartered in Bangalore, SRIT operates in 20 countries. SRIT has begun expanding its global footprint. SRIT’s global staff consists of twelve nationalities Americans, British, French, Australians, Singaporeans, Malaysians, Canadians, Chinese, Germans, Indians & East Europeans. SRIT was rated one among the top 50 fastest growing technology companies by the “Deloitte Touche Asia-Pacific Group” from Singapore, consecutively for the years 2006 & 2007.

As of 14 Feb 2008, SRIT became the first Indian Company to go for the TÜV-STAR assessment and rating by the TÜV Rheinland AG of Germany in the areas of Corporate Governance & Integrity, Occupational Health & Safety, Quality, Environment, Information Security, Corporate Social Responsibility, Financial Disclosure, Brand/Innovation, Fair Trade & Competition. SRIT is the first Indian company to be assessed as a TÜV-4 STAR Company, an overall rating for all the above-mentioned categories.