Thursday, August 28, 2014

LDRA to establish partner alliance prog. in India

LDRA Technology Pvt. Ltd (Subsidiary of LDRA Ltd. UK), provider of compliance, automated software verification, source code analysis and test tools, today announced it will drive joint technology and development initiatives towards a safe and secure India. LDRA plans to initiate the LDRA Partner Alliance, a gathering of like-minded partners who will bring their technologies together into an integrated safety-critical platform that fully complies with stringent industrial standards.
According to the report “India Electronic Security Equipment Market Outlook 2016”, the Indian commercial security market is valued at $500 million and continues to increase at 30-35 percent per year. In addition, the Indian government plans to invest over $7 billion in specified projects covering urban surveillance, critical infrastructure protection, mass transportation security, maritime security, and private security initiatives. The LDRA Partner Alliance will explore mutual growth opportunities and focus on catalyzing synergies within the industry to facilitate such growth.
Chris Murray, VP of Business Development at LDRA, said, “We see an increased focus on safety and security and this is driving the certification business in India. Local industries are increasingly expected to fulfill certification requirements. LDRA’s goal is to arm the local companies with industry-best technologies and high-quality practices to enable them to be ahead of the curve.”