Eastcom Systems to Embark on Cloud Computing Initiatives with Funding Assistance From Infocomm Development Authority of Singapore (IDA)

Eastcom Systems unveils cloud computing ambitions by SaaS enabling Costimiser^TM, their industry leading universal cost optimisation platform.

Singapore, 04 June 2009 – Eastcom Systems Pte Ltd, a global provider of world class universal cost optimisation solutions for large and medium sized enterprises, today announced that it has received funding approval from IDA to assist in their cloud computing ambitions.  With IDA’s assistance, Eastcom will SaaS enable their industry leading universal cost optimisation Costimiser^TM platform.

Eastcom Systems’ Costimiser^TM universal cost management platform is designed to help companies gain full visibility, accountability, and manageability into their enterprise-wide telecommunications, energy, and office automation expenditures.  Combining Business Intelligence (BI) reporting analytics with functional processes such as Contract Management, Inventory Management, Provisioning Management, Invoice Management, and Assurance Management, Costimiser^TM will uncover hidden savings and granularly report on every dollar spent within the enterprise.  Typical savings achieved as a result of Costimiser’s^TM solutions range anywhere from 10% - 30%.

"We, at Eastcom Systems see cloud computing as the next paradigm shift in services delivery to the global market”, says V. Ramasubramanian, CEO of Eastcom Systems.  “With IDA’s assistance, we can now make cloud computing a reality within our Costimiser^TM family of products and services and extend our market reach even further on a global basis”.

About Eastcom Systems

Eastcom Systems Pte Ltd is a leading global provider of world class universal cost optimisation solutions to large and medium-sized enterprises. Eastcom Systems’ customers and partners rely on its leading edge cost management solutions to maximise profitability and to drive savings straight to the bottom line.

Eastcom Systems is headquartered in Singapore and serves its customers through a network of qualified channel partners across the globe.

Information about Eastcom Systems is available at www.eastcom-systems.com

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