IBM announced a new Global Business Solution Center in Bangalore, India to provide its clients with a range of high-value solutions through its global network of delivery centers.

The new center will enable the IBM consultants to develop and deploy solutions in over 50 key business areas such as Consumer Driven Supply Chain Optimization, Banking Risk and Compliance and Retail Merchandising.

IBM can now create and enhance a portfolio of replicable industry solutions that are developed by combining the strengths of IBM's business consulting, research, software, systems, engineering and emerging technologies.

The new solutions will be developed based on IBM's Services Oriented Architecture (SOA) methodology in collaboration with IBM clients and business partners. The center is set to become a foundry for the solutions, enabling IBM to deliver them to clients globally, rapidly and cost-effectively, through its global network of consulting delivery centers.

With the launch of the center, IBM has expanded its presence in India where it has employed over 38,500 employees and has invested in companies like Daksh and Network Solutions.

As an example of a solution being enhanced at the center the company we can look at the IBM Dynamic Inventory Optimization solution that is designed to enable an organization to better manage its supply chain. Rapid and timely enhancements to the solution can be made to drive even higher value for the user by leveraging the Global Business Solution Center as a development resource.

Other examples of replicable solutions being developed and managed at the center include Property and Casualty Claims Processing for the insurance industry, Tax and Audit Compliance, Fraud and Abuse Management for health care billing, and Secure Trade Lane for real-time cargo shipment information.

IBM plans on investing more than USD 200 million, per year, to develop, enhance and market these solutions.

IBM's global network includes consulting delivery centers in Argentina, Australia, Belarus, Brazil, Canada, China, Costa Rica, Czech Republic, England, Hungary, India, Ireland, Japan, Malaysia, Mexico, the Philippines, Poland, Romania, South Africa, United Kingdom and the United States.

( http://news.tmcnet.com)