CCE Software has entered into a strategic alliance with Posdata, the infotech arm of South Korean steel giant Posco to offer process engineering and infotech solutions to the domestic steel industry. The Bangalore-based company would offer such services to Tata Steel for its cold rolling mill in Jamshedpur. The company has also bagged an order worth Rs 3.5 crore from Dresser Rand Corporation of the US for offering supply chain automation and internet commerce components.

Radix Infotech

Radix Infotech Ltd, an IBM business partner that has pioneered the `micro ERP', has received Rs 1.1 crore as venture capital funding from Risk Capital and Technology Finance Corporation Ltd (RCTC Ltd), the Delhi-based venture capital company. Radix plans significant investments in products, people and infrastructure. The company has a strong presence in the Rs 10 lakh price band micro ERP segment with over 120 implemented sites all over India.

Accord launches SPOTS

Bangalore-based Accord Software and Systems Ltd has launched its new product SPOTS (suggestion and problem tracking system) developed in-house. SPOTS helps organisations to perform measurements and track organisational processes and product parameters to enhance the organisational productivity and efficiency in their delivery mechanisms. The new product is made of client-server architecture, a company communique said.