Idhasoft on acquisition spree

Idhasoft acquires DXC, LLC and appoints its founder, Rick Chavie, as Executive Vice President. Chavie will be responsible for expanding Idhasoft's global business in the Trade Industries, consisting of Retail, Consumer, Wholesale and International. As a key member of the company's executive leadership, Chavie will also contribute to scaling Idhasoft's consulting and service operations, drawing on his previous partner and leadership roles at Deloitte Consulting and Accenture.

Chavie ran SAP's Global Retail and Wholesale business as SVP of Industry Solution Management before founding DXC's DecisionExchange.com, a decision-modeling framework for transforming businesses. Previously, he led strategy, international, and business process at the Home Depot and was a senior executive in a division of international apparel retailer C&A. He also was CEO of InfoLenz, a marketing technology firm founded by MIT scientists.

On the occasion, Dr. Ramesh Subramaniam, MD Idhasoft, said, "Trade Industries are a critical part of Idhasoft's global growth strategy. We already have an extensive client roster of highly recognized brands and plan to expand our service offerings to better serve these and new clients. With Rick's international background and his unique blend of industry, technology, and consulting skills, we will be able to accelerate our penetration of key markets."

Chavie received his master's degree in business administration from the Harvard Business School and his bachelor's degree in German and accounting from the University of St. Thomas (Minnesota). He is also a Fulbright Scholar in international trade, having studied in Germany at the University of the Saarland.

He further added, "With the advent of Retail Business becoming stronger and stronger and becoming much more organized, India, ASEAN. Middle East SAARC Countries, Idhasoft feels it is the best time to roll out its Global retail products and services solutions in India. It will be launching its full range of Retail consulting services headed by Roger Cunningam founder of DCB & Co, a Global authority on Retail Management. It will also launch its other services in the Supply Chain, Logistics Management, Ware House management, Warehouse Engineering And Construction Management using SAP's latest technology Some of Idhasoft world renowned customers are Hugo Boss, Calvin Klein, Clark Shoes, Timberland etc."

Rick Chavie's business expertise: strategy, technology and process engineering; global trade industries with focus on hardlines, apparel, grocery and specialty; merchandising, supply chain, and stores.

About Idhasoft

Idhasoft is an unlisted company incorporated in December 2006. It provides a range of Information technology services from software application development and strategic IT consulting to recruitment Process outsourcing and implementation of third-party enterprise-wide products like Oracle ERPs, SAP, Cognos, TIBCO and othersand specializes in end-to-end solutions for organizations across Retail, Banking, Financial services, Manufacturing, Healthcare and Insurance domains. It is one of the fastest growing private companies in India.