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Exact ramps up cloud portfolio with 'vital R&D hub' in Malaysia

AvantiKumar | July 8, 2013
Business software solutions provider Exact says its investment in its regional Malaysia-based hub will include increasing headcount by as much as 50% this year.

Hartmut Wagner modified 

Photo - Hartmut Wagner, Managing Director of Cloud Solutions, Exact.

 

Dutch ERP firm Exact will be increasing its staff by 50 percent this year as well as investing to expand its regional development centre in Malaysia as part of its plan to develop the company's new cloud offerings.

Exact managing director of cloud solutions Hartmut Wagner said the company's regional Asia Development Centre (ADC) in Malaysia already has an international software development team. The new investment of the Research and Development (R&D) division in the regional centre is an important focus point for the enterprise resource planning solutions firm, he said.

"As the cloud software represents a step away from the technology used in Exact's other major product lines, we definitely need to form different teams within the ADC and seek out new employees that have the necessary skillsets to further develop our cloud-based offering," said Wagner.

Exact ADC's product development director Srinivas Sampathkumar said the ADC's staff strength has so far increased from 56, when the centre was formed in 2000, to 232 employees in 2012 and now plans to recruit another 100 employees by the end of this year.

This will help the company to localise its existing software solutions for the Asian sector and help a shift to new cloud offerings. "For the development of our cloud portfolio, we need people that bring different skills than we needed before," said Sampathkumar.

"That is why we have been actively hiring and putting in place staff retention programmes which include career growth plans based on the expertise of the individuals. We are highly positive to achieve this growth within ADC," he said.

Cloud computing and programming experience

S.Srinivas, Product Development Director Exact  

Photo - Srinivas Sampathkumar, Product Development Director, Exact Asia Development Centre, sharing at the Exact ADC's town hall meeting.


"The ADC is primarily looking to recruit software engineers who are familiar with cloud computing and programming to join the R&D division," said Sampathkumar. "The company has increased its R&D funding in 2012 from 11 percent to 14 percent of total revenues. A major part of the additional R&D funding will be ploughed into the expansion of Exact's cloud portfolio, Exact Online."

Exact's Wagner said, "This expansion of our regional R&D hub is an important milestone for Exact. It is a move in the right direction as cloud solutions become more ubiquitous. We are optimistic that we will see a positive takeup among the SMEs [small and medium enterprises] as cloud solutions will provide them with a most cost-effective option with the pay-per-use model. What we need now is the right talent that is the best fit to build these solutions," ended Wagner.

Exact's ERP solutions are designed for small to medium businesses especially those in the manufacturing, wholesale distribution sector and professional services companies. Its clients in Malaysia include Secret Recipe, Slumberland Malaysia and Adecco.

 

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