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GE Information Services ties up with Global Telecom

GE Information Services of the US has announced the appointment of Global Telecom Services Limited as its distributor of electronic commerce products and services in India.

GE's electronic commerce products and services will enable companies to exchange business documents such as purchase orders, invoices and payments with business partners by using GTSL's domestic network, Global

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Net. The network, at present, covers nine Indian cities.

They will help corporate houses in purchase/supply and logistics management, to lower costs, to streamline exports and to increase productivity, Harvey F Seegers, president and chief executive, GE Information Services told reporters in Bombay.

Seegers said "We see India as a cornerstone of our strategy for the Asia-Pacific region. With the support of the government, Indian companies will move rapidly towards electronic data interchange over the next few years and we believe there will be rapid modernisation and growth of the industry to world-class standards. GE Information Services is looking forward to contributing to this growth."

Fritz D'Silva, managing director, Global Telecom Services said the complete range of GE Information Services' products and services will be offered to the banking, manufacturing, retail, automotive, trade and transportation sectors.

GTSL will also provide client support, technical and customer application consulting through its offices in the key metros of India. GTSL's sales offices for GE services have already been established in Bombay and New Delhi and will soon expand to Bangalore and Calcutta, he said.

GTSL's domestic network is available to GE users in Bombay, New Delhi, Calcutta, Madras, Bangalore, Hyderabad, Ahmedabad, Pune and New Bombay.

This network will now be expanded to 18 more cities to support existing as well as future Internet and intranet services. Global Net will thus provide all-encompassing global electronic commerce services to the manufacturing and business community in India, he said.

Seegers told Rediff On The Net that the pact with GTSL is not exclusive contractually, at least, but GEIS would like to focus on a single relationship. He agreed that their legendary CEO Jack Welch's rule to stay in a business in either the number one or two position or move out of it completely applies in selecting partners too.

He estimated that the e-commerce market in India today is $1 million, 3 per cent of the Asia-Pacific market. By 2000, it is likely to grow to $100 million, about 10-15 per cent of Asia-Pacific.

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