Business Standard

British IT firm opens office in Shimla

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Baldev S Chauhan New Delhi/ Shimla
Digital Vision, a major UK-based software information technology (IT) company, opened its first office abroad in Shimla today.
 
The company, based in Cheshire in the UK, uses "artificial intelligence" to read and scan documents and its clients include IBM, Oracle and the British Military.
 
"Digital Vision was founded six years ago and is a specialist solutions provider of optical character recognition (OCR) data capture, production scanning, workflow, content management and purchase to pay solutions," said Dennis Wright, CEO and founder of the company.
 
"The office in Shimla is Digital Vision's first branch outside the UK and will offer product development and technical support alongside the UK, while developing its own client base in the region," Wright told Business Standard here.
 
"The Shimla branch will have 55 employees and by the time we are fully operational later this year we will have invested £100,000-200,000 in this branch alone," he said.
 
"We will be able to reduce the cost of processing letters, receipts, invoices, insurance claims and other documents in India for our European customers by 20 to 80 per cent," he added.
 
"Digital Vision has an annual turnover of £5 million and last year we grew by 40 per cent. Our clients are based in 36 countries and include IBM, Kofax, Oracle, Contempus, and the British Military," Wright said.
 
"The company's unique technology has been adopted and innovated from the German para datec and Cambridge university's neuroscript technologies, which makes us a purely European company," he said.
 
Digit Vision claims to be the only provider of this unique service in the software ware industry in India, said Wright.

 

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First Published: Mar 23 2007 | 12:00 AM IST

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