CIMdata PLM Industry Summary Online Archive

6 January 2011

Company News

Econocap Corporation Enters Strategic Partnership with ITC Infotech

Econocap Corporation, a leading PTC reseller of PTC’s Product Lifecycle Management (PLM ) software in Northern Europe announced a strategic partnership with ITC Infotech, a global IT services & solutions company and a fully owned subsidiary of USD 6 bn ITC Ltd.

Econocap Corporation, a PTC Platinum partner and a provider of industry specific PLM solutions and services, has built its centers of competency in Product Lifecycle Management and CAD/CAM Solutions ; allowing Econocap to be a leading player committed to providing comprehensive solutions and services to numerous industry verticals. Econocap will leverage ITC Infotech's global delivery model to enhance value delivery and expansion of their portfolio of services to Econocap’s customers.

Ari Tertsunen, CEO, Econocap, said, “We were first introduced to ITC Infotech through our PTC Channel management. We are glad to be associated with ITC Infotech and together, we can create competitive advantage for companies in industries such as manufacturing, consumer goods, telecommunication and services industry. This strategic partnership will help us improve execution and delivery of complex projects in our customer base.”

Commenting on the partnership, Hardeep Garewal, President – Strategic Customers, ITC Infotech, said, “Our partnership with Econocap is an exciting step forward which I believe will deliver robust, high-quality and cost effective Windchill and Pro/Engineer services to manufacturers in Scandinavia.”

Econocap with ITC Infotech will focus on the development and delivery of industry specific PLM solutions to global companies. This partnership is a milestone in the growing relationship between the two organizations and demonstrates their commitment to the partnership with PTC.

About Econocap

Econocap is an industry leading PLM Software and Service provider in Northern Europe. With over 70 employees, Econocap is headquartered in Helsinki, Finland, and has offices in Sweden, Denmark, Poland and Germany.

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