Cholamandalam MS Risk, Processmap Infotech create alliance to deliver web-based enterprise platform

Chennai, Feb 23 (ANI/Business Wire India): Cholamandalam MS Risk Services Ltd, a joint venture between the Murugappa group, India and Mitsui Sumitomo Insurance Group, Japan, today announced their partnership with ProcessMAP Infotech Pvt. Ltd, an affiliate company of ProcessMAP Corporation, USA, world's leading provider of hosted, subscription-based software Solutions Company.

The duo has forged a go-to-market alliance around improving EH and S information management and decision support by delivering a web-based information management platform.

This alliance will help companies manage the increasingly complex and emerging needs in environmental, health and safety compliance, risk information and underlying processes.

The scope of this alliance includes joint marketing, strategy consulting, software innovation, and implementation services.

"Our partnership with ProcessMAP has been the result of a year-long planning and we are excited about this alliance with a global EH and S software company," said Mr. N V Subba Rao, Head-Risk services, Cholamandalam MS Risk Services.

"We have the right synergies between both companies, and ProcessMAP's software coupled with our industry expertise has created an unparalleled alliance that will allow us to deliver a world-class platform," he added.

The launch will initially focus on the manufacturing, petrochemicals, telecommunication, retail and power sectors in India, Asia-Pacific and selected countries in the Gulf.

Both companies will utilize their technology and industry expertise to develop several best-in-class industry-specific tailored solutions based on ProcessMAP's market leading software platform.

Dave Rath, Chief Executive Officer of ProcessMAP said, "This alliance is a major milestone for ProcessMAP's continued evolution as the world's leading EH and S Software Company. We are honored and excited for being selected by Cholamandalam MS team to be their partner for this major initiative."

The solutions provided through this partnership will include enterprise web-based applications in environmental management, occupational health, workplace and industrial safety, industrial hygiene, audits, greenhouse gas (GHG) portfolio management, and corporate EH and S performance management.

The solutions will be delivered on a Software-as-a-Service (SaaS) model, which would include software, hosting infrastructure, maintenance and support. The first set of solutions will be rolled out in second Quarter of 2009. (ANI)