Headquartered in Chennai, India, Sundaram Infotech Solutions provides enterprise resource management solutions to businesses across India, including its parent company Sundaram Finance. Sundaram Finance was established to support the growth of modern India’s road transport industry. The company offers commercial vehicle finance, leasing, asset management, and automobile loans to nearly 100,000 customers.
Built on technologies, such as Oracle Forms and Oracle Reports, Sundaram Finance’s previous lending system had expanded to support more than 300 sites across India. The company wanted to upgrade to a Web-based solution, to take advantage of reusable application modules that would reduce development times and costs, while offering faster financing services to customers in remote areas of India. It also wanted to attract and retain developer talent that was keen to work with the latest Oracle technologies.
Sundaram Infotech Solutions upgraded to Oracle Application Development Framework 11g to overhaul Sundaram Finance’s lending system. The company reduced development costs for the upgraded lending system by 25% to 30%, while cutting total cost of ownership by 30% to 40%.
Oracle Application Development Framework 11g was a natural fit for Sundaram Infotech Solutions, as the company could upgrade Sundaram Finance’s lending system using existing Oracle assets—such as Oracle Forms 5, Oracle Forms 6i, Oracle Reports 5, and Oracle Reports 6i—and in-house expertise.
“Choosing Oracle allowed the business to offer better financing services to our customers in a competitive market,” said R. Krishnamurthy, group manager—projects, Sundaram Infotech Solutions. “The ability to deliver a robust end-to-end solution while reusing Application Development Framework modules was a significant benefit and greatly reduced development costs.
“Technologies, such as Application Development Framework’s partial-page rendering also helped us seamlessly offer client/server functionality over the Web without the need to train staff on technologies, such as AJAX,” he said.
Sundaram Infotech Solutions upgraded to Oracle Application Development Framework 11g, Oracle JDeveloper, Oracle Forms, Oracle Reports, Oracle Database 11g, and Oracle WebLogic Server in August 2010. Using the Oracle applications, the company overhauled Sundaram Finance’s lending system in just two years.
“Staying with Oracle technologies and a solution based on Java Platform, Enterprise Edition helped ensure a smooth development and implementation process,” said Krishnamurthy. “We also kept down development time and costs—as well as the eventual total cost of ownership—by switching to a Web-based system, so we could deploy and manage the lending system without visiting remote offices.”