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All Press Releases for April 21, 2004 Subscribe to this News Feed    
 

CIGNEX Offers Bold New Proposition to Startups and Early-Stage Clients: Don't Outsource -- Partner!

CIGNEX Technologies partners with its early-stage company clients to share the risk and build professional service systems they need now, working closely with client teams. It then shares in revenues generated by the operation of these systems. Partnership has replaced outsourcing as Cignex clients' preferred way of doing business.

San Jose, CA (PRWEB) April 21, 2004 --- CIGNEX Technologies, Inc. (http://www.cignex.com/), a leading software development and services company in the heart of Silicon Valley, is breaking new ground in the way it does business with young and early-stage product companies. Competing in a market beset with change, Cignex co-founder and CEO Rajesh Setty isnt outsourcing for his new customers: hes partnering with them -- and it's working.

The rapid infusion of new capital into the local software development market is creating opportunities for young companies. But investors are requiring that they use investment dollars carefully and well. For companies offering enterprise products and services, building a reliable, scalable, and customer-satisfying professional services organization remains an essential but often elusive goal.

Thats where Cignexs Professional Services Partner Plan (PSPP) comes in.

Too often, young companies are held back by having to recruit quality services talent, ensure that everyones on the same page in terms of skills and understanding -- and then see if the new team can respond to the customers needs," said Setty. Its a huge gamble given the shortness of time available to build and market product, and provide professional services."

Our PSPP is a better way. We partner with our clients to provide quality professional services to their customers, right from the start. De facto, we become our clients PSO [professional services organization]. When revenues come in, we share them mutually. Its win-win-win -- for Cignex, for our clients, and for their shareholders."

Cignexs PSPP is working. Its a vital element in several of the partnerships that Cignex has recently struck with newly invested startups including Siperian, Nextance, KnowNow and Quova. The PSPP is also winning acclaim from the VCs who are funding them.

Because our team and our methods are proven," said Cignex co-founder and Sales Director Amit Babaria,"management can spend its time taking care of global needs: positioning the company; building, branding and marketing its product; and establishing business relationships that facilitate sales. Behind the scenes, Cignex does their professional services heavy lifting. These are partnerships that last."

Companies interested in becoming Cignex PSPP partners can click here and receive a prompt, confidential consultation:

http://www.cignex.com/site/Services/supp_solutions/free_consultation.html/view

About Cignex
CIGNEX Technologies, Inc., privately held, was founded in 2000 and has been profitable from its inception. Cignex has offices in Silicon Valley, Canada and India. Cignex is a technology facilitator providing professional services, custom product development, and web services. Its signature customers include Eli Lilly, Cisco, HP, Epson Electronics America, Epson Germany, Advantest Corporation, Procket Networks, Pacific Dental Benefits, Verifone, and the Lawrence Livermore National Laboratories.
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Bob Jacobson
CIGNEX Technologies, Inc.
650-670-9082
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