Vanenburg Group unveils MIDaS: Single-stop services for R&D expansion

THE Dutch-promoted Vanenberg Group, has announced the launch of MIDas - a unique suite of services targeted at overseas companies planning to expand their R&D support activities in India.

Vanenburg Group announces the launch of MIDaS - a unique suite of services targeted at overseas companies who are planning to expand their R&D and support activities in India. These services span all the tasks beginning from the incorporation of company to the establishment of a fully operational R&D center.

Based in the Netherlands, Vanenburg Group has been carrying out product development and support activities from India. It is also known for Vanenburg IT Park built at Hyderabad, which is one of the largest, IT parks in the country

Having expertise both in setting up R&D operations and building best-in-class infrastructure, Vanenburg group would like to leverage this core capability through the MIDaS program, to accelerate the expansion of R&D operations of overseas companies. Utilizing the services under MIDaS, customers can keep their focus on product development while Vanenburg handles the process of R&D expansion" says Mr. S. Ramanathan, Managing Director of the Indian subsidiary of Vanenburg Group.

It is for the first time a complete suite of services has been designed specifically to cater to R&D expansion. The MIDaS suite of services comprises of Management, Infrastructure, Development and Support services. Vanenburg IT-Park, which is at the heart of the infrastructure services under MIDaS program, is built in two phases on 20 acres of land. Phase one houses global majors like Deloitte Consulting, Baan Infosystems, Surgical Information Systems and Vanenburg Business IT Solutions. The second phase of IT Park would be ready by the end of April 2002. It would have fourteen units having a capacity of 150 workspaces per unit.

MIDaS is unique in its offerings to the customer due to

*More than fifty percent gain in set-up time resulting in the time-to-market advantage
*Single-point contact ensures more accountability
*Transfer of expertise in remote development
*Strong support and encouragement from Software Technology Parks of India (STPI - a Government of India Enterprise) and Government of Andhra Pradesh
*Configurable Service options.
*Precise understanding of the requirements of the customers because of prior experience in setting up R&D centers
*Targeted efforts within a niche area of R&D expansion.

MIDaS is a compelling proposition because of single-point accountability, gain in set-up time, quality of service and cost effectiveness" says Darayus Bharucha, Program Director, MIDaS

With all the unique features, advantages and flexibility in service options, MIDaS promises to set a new landmark in services related to overseas expansion of businesses.