Financial
Express - March 25, 2003
New Delhi: India’s
largest software firm, Tata Consultancy Services (TCS) is all
set to enter into the bio-informatics market with its
indigenously developed computing platforms and applications
within this year.
The company, which has
already invested around Rs 10 crore to nurture its 40-member
team working exclusively on developing bio-informatics software
solutions, is expected to launch its first database appliance
specifically made for bioinformatics applications before the end
of this year. Moreover, the company is now planning to develop
bio-informatics software applications in collaboration with
biotech and pharma companies.
"We
are almost half done with the next generation
database appliance and should be completing the
development in next six months. We are also looking
at tying up with pharma and biotech companies
to collaborate for the development of software
applications," TCS executive director M Vidyasagar
told eFE.
The company is working
on developing a comprehensive system — after combining
software and hardware — so that the solution can be offered to
even small companies through the subscription method, according
to Mr Vidyasagar.
Although TCS is already
in the process of developing a software solution called ‘Bio-Suite’
under its agreement with the Council for Scientific and
Industrial Research (CSIR), the company will now be entering the
global market with its own software solutions. Bio-Suite is
being developed to be used in the New Millennium Indian
Technology Leadership Initiative (NMITLI) project, jointly
promoted by TCS in association with CSIR and other academic
institutes.
"Our business plan
is to create intellectual property assets by developing software
products and solutions to cater to the high-end computing
requirements of bio-tech and pharma companies," said Mr
Vidyasagar.
The bioinformatics
solutions are used for research activities like genome analysing,
sequence analysing, 3D modelling, simulations, manipulation,
structural changes, drug design, pathway modelling, SNP analysis
and comparative genomics studies, etc.
TCS had announced its
business interest in bioinformatics business more than a year
back.
The company had entered
into an agreement with the Hyderabad-based Centre for DNA
Fingerprinting and Diagnostics (CDFD), an R&D laboratory
under the Department of Biotechnology, Government of India. to
work in the area of bioinformatics research.
However, TCS has
dedicated its full fledged team after its association with CSIR
to develop the Bio-Suite. The central government’s two-year
New Millennium project, is estimated to cost Rs 15 crore.
"The alpha version
of the bio-suite will be ready for the release by mid 2003. The
total efforts to develop the suite are expected to be around 80
person years," said Mr Vidyasagar.