Inkorus Solutions (I) Pvt Ltd has formed a Strategic Alliance with IXELOS Ltd.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 30, 2004 -- Pune, India, 30th April 2004

�Inkorus was a natural choice for us when it came to forging an alliance. It has global reach, industry knowledge, and strength in analyzing potential markets which will give Ixelos a global coverage. Inkorus is a Technology & Management Consulting company specializing in Enterprise Technology & Solutions applied to Business Process Automation & Management. It has partnered with several international companies to provide Business Process Automation & Management Solutions to its global clients spread throughout Asia, Europe and North America.�, said Ixelos, CEO, Shaun Stoltz.

Dr. Vikas Gupta, President, Inkorus said, �We are excited about this alliance with Ixelos, who have developed Gemolap�a SMART (Shared Multi-dimensional Analytical Reporting Tool) OLAP Tool for Compiere and other mid-segment ERP products. Our alliance with Ixelos will give us an unprecedented opportunity to bring breakthrough products like Gemolap SMART to the small and medium enterprises. Ixelos has created this product after years of research with vast functionality and compatibility with existing small and mid segment ERP products. GEMOLAP is true business intelligence software that gives data in OLAP cubes that provide intelligent analytical reports and not just raw transactional data.

Within last few years market for BI (Business Intelligence) tools has grown significantly. The TDWI research�s paper on OLAP market, �A New Old Market� quotes�Gartner DataQuest has estimated big growth in BI tools market in year 2005, which will be $ 18.5 billion from $ 9 billion. This growth is indeed the reflection of growth in use in BI tools worldwide. Indeed all this is happening in the commerce of this type of software, there are some good news are also there for consumers, as the future OLAP products will be more competitive and with better features in analytical reporting, forecasting and decision making.



About Inkorus Solutions (I) Pvt. Ltd. (http://www.inkorus.com )

Inkorus Solutions (I) Pvt. Ltd. is a Technology & Management Consulting company specializing in Enterprise Technology & Solutions applied to Business Process Automation & Management. Inkorus has partnered with several international companies under its Business Process Automation Initiative�better known as BPA Initiative�to provide Business Process Automation & Management Solutions to its global clients spread throughout Asia, Europe and North America. Inkorus is founded by Alumni & former Professors of top US Ivy Leagues, Indian Institutes of Technology (IIT) & National Institutes of Technology (NIT).



About Ixelos Ltd. (http://www.gemolap.com)



Ixelos Ltd, UK is a leading technology development start-up company, focusing on developing a Global Enterprise Management (GEM) Platform for the Small and Medium Enterprises (SME). The mission of Ixelos is to bring the high performance and technically sophisticated enterprise management solutions�that until now were affordable only to fortune 500 companies�to small and medium enterprises at affordable prices.