Enterprise mobility firm SOTI to invest $12 mn in India

New Delhi, Aug 11 (IANS) Canadian Enterprise Mobility Management (EMM) solutions company SOTI on Thursday announced it will invest $12 million in a state-of-the-art facility in India which will add 300 new jobs in engineering and software development fields in the next two years.

India is a key focus market in SOTI's growth strategy, acting as a hub for Asia-Pacific (APAC) operations across manufacturing, retail, hospitality, banking and transport and logistics sectors, the company said in a statement.

"With SOTI's competency in enterprise mobility and focus on enabling business transformation across vertical sectors, we are uniquely positioned to execute on a connected enterprise mobility and internet of things (IoT) strategy," said Carl Rodrigues, CEO, SOTI.

According to a recent study by IT industry apex body Nasscom and Deloitte, the global enterprise mobility market has been pegged at $140 billion by 2020, with APAC region to grow by 21 per cent.

SOTI works across solutions for both the knowledge and task worker, rugged and consumer devices, connected peripherals, and all major operating systems.

The company has six global offices and employees in more than 22 countries.