TCS plans to
tap global market with
bioinformatics suite
Financial
Express -
June 26, 2002
New Delhi: In a bid to
cash in on the emerging bio-informatics opportunities, India’s
largest software company, Tata Consultancy Services (TCS), has
started developing a complete bio-informatics software suite to
be sold in the global market.
The company has decided
to focus on developing bio-informatics as its new business
vertical with a vision to position itself as a complete software
solution provider in this space globally.
The cost
of the software development project, which is
estimated to be around 100 person years in terms
of effort required, will be around Rs 7 crore.
TCS has already deployed a team of around 40 people
including some life scientists and software engineers.
"Bio-informatics
is a fast growing area and we hope it to be a
critical part of the life sciences sector in future,"
TCS executive vice president Dr M Vidyasagar
told eFE on the sidelines of a seminar on information
security orgainsed by National Association of
Software and Service Companies (Nasscom) in New
Delhi on Tuesday.
The development
work on the software suite was kicked off in April
this year and scheduled to be completed by March
2004, according to Dr Vidyasagar. The bio-informatics
software development facilities has been set up
by TCS in Hyderabad.
The company will share
the intellectual property rights of the software suit with
Council for Scientific and Industrial Reserach (CSIR), which has
originally given the project to TCS to develop the software
suit, said
Dr Vidyasagar, adding that CSIR had plans to
distribute the software suite to the academic and research
institutions in India while TCS was looking at the private
sector in India and abroad.
"The issue on the
rights of software suite is negotiable with CSIR. In fact, in
such projects, marketing rights are normally given to the
software companies," said Dr Vidyasagar.
According to Mr
Vidyasagar, the company is also involved in training and
imparting appropriate skills to software engineers to work on
bioinformatics projects.
"We have deployed
people who either understand software development or life
sciences and trained them accordingly," he added.
Dr Vidyasagar
said that the software suite being developed by
the company will cater to all bioinformatic requirements
like gene sequence analysis, management of biological
and genetic data, detecting protine stimulation
pattern and data content services. Once in the
global market, TCS will compete with companies
like Accelrys Inc, a San Diego (US) based subsidiary
of Pharmacopeia, which also offers similar software
suite.
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