Datamatics, System Soft Technologies Announce Strategic Partnership to Strengthen North American Presence

Datamatics, a global Digital Solutions, Technology and BPM company, and System Soft Technologies (SSTech), a leader in enterprise IT services, solutions and products, are pleased to announce that they have entered into a strategic partnership covering the North American region. The distribution agreement gives SSTech access to Datamatics' Intelligent Automation (IA) suite of products including TruAI, TruCap+ and TruBot. SSTech will leverage Datamatics IA products to deploy automation with speed and scale for its enterprise customers.

Datamatics is aggressively investing in expanding its partner network and has more than 170 strategic partners globally. The partnership with SSTech will allow Datamatics to expand its presence and increase the sales momentum in the North American region. It will also lead to faster implementation and superiorproduct support.

As a U.S. Preferred Partner, SSTech will have complete access to Datamatics' various product modules, platforms, training and technical programs. SSTech will have the advantage of delivering end-to-end automation, leveraging Datamatics IA products.

Datamatics Intelligent Automation platform includes:

- TruCap+- Datamatics TruCap+ is an AI-enabled, template free, cloud-based, Intelligent Document Processing (IDP) product that enables enterprises to processes huge data volumes with speed and accuracy.

- TruBot -Datamatics TruBot is an enterprise-grade, multi-skilled bot, which allows business users without programming knowledge to design bots at the click of a button.

- TruAI -Datamatics TruAI is a comprehensive artificial intelligence and cognitive sciences platform, which helps enterprises leverage use cases related to pattern detection, text and data mining, and computer vision.

"We are now strategically positioned, allowing SMBs to use intelligent automation with incredible efficiency and technology power, when they would be otherwise priced out of its benefits," said Mr. Thomas C. Helfrich, Vice President, Intelligent Automation Practice at System Soft Technologies. "We can help them move faster and more cost-effectively by bringing thousands of examples and projects as experience to remove their barriers. With Datamatics AI-powered platform, we can innovate for our customers, starting on day one."

Mr. Mitul Mehta, SVP & Head, Marketing & Communications at Datamatics, said, "We are happy to partner with SSTech. North America is a growing market for Intelligent Automation. The partner's strong presence coupled with its IT Services & Solutions capabilities will help us make further inroads. We look forward to collaborating closely and accelerating our clients' automation journey."

"Our partnership with Datamatics gives our customers an innovative, end-to-end automation solution," said Mr. Stephen Moritz, Chief Digital Officer at System Soft Technologies. "Together, we are taking accessibility of intelligent automation to a new level for SMBs. We will help those companies break free from the relentless cycle of stalled proof of concept projects and islands of bots scattered across their organizations, so digital transformation becomes a reality, rather than an aspiration."

Shares of DATAMATICS GLOBAL SERVICES LTD. was last trading in BSE at Rs.113 as compared to the previous close of Rs. 115.35. The total number of shares traded during the day was 8842 in over 226 trades.

The stock hit an intraday high of Rs. 115.55 and intraday low of 112.45. The net turnover during the day was Rs. 1010173.

Source : Equity Bulls

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