InnoVites B.V. (www.innovites.com), a software development company, with offices in India and The Netherlands announces today that it has entered into an agreement with Crypsis to add advanced optimization capabilities to its ERP business software for wire and cable companies.
This innovative software solution will help InnoVites customers to minimize material costs. The optimization software will be fully integrated in the existing ERP business software from InnoVites. This new feature will create optimal cutting plans, while minimizing the costs of scrap.
Albert Groothedde, CEO at InnoVites, comments: “The wire&cable industry is very sensitive to material usage. Over 80% of the cost price of a cable is determined by just material costs. That’s why we are excited to offer our customers this innovative solution. We believe it has direct impact on the bottom line of the operations of our customers.”.
Tarun Jain, Director at Crypsis, adds: “We went through a very interesting process of gathering deep understanding of the business needs in the wire&cable industry. It's very satisfying to see that we can create value for these companies  using the latest available optimization technologies.

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About InnoVites: InnoVites is an Independent Software Vendor with offices in India and The Netherlands. InnoVites is exclusively focused on the cable industry. InnoVites sells and develops the Industry Solution for the cable industry on Microsoft Dynamics AX. At InnoVites we believe that only a software solution with a natural fit with a cable manufacturing company will deliver its full potential and unleashes enormous business value to our customers in the cable industry.
For more information, please refer to:
(e) info@innovites.com
(t) +31 (0) 318 541 943

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About Crypsis: Crypsis (www.crypsis.net) is a young company founded by the alumni of IIIT Hyderabad, one of the premier universities in India dedicated to high end research in Computer Science. Crypsis is supported by IIIT’s Center for Innovation and Entrepreneurship and builds on the immense knowledge base of various large research groups at IIIT Hyderabad. Crypsis provides technology solutions in the broad areas of Visual Information Processing, High Performance Computing, Geo Positioning and Enterprise Information Systems.
For more information, please refer to:
(e) contact@crypsis.net
(t) +91 921 241 7070

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About Microsoft Dynamics AX: Microsoft Dynamics AX (formerly Microsoft Axapta) is an adaptable business-management solution that enables you and your people to make business decisions with confidence. Microsoft Dynamics AX works like familiar Microsoft software, such as Microsoft Office programs and Microsoft SQL Server. The result: You can build on the investments in systems and software that your company might already use. Plus, the familiar working environment helps lower learning curves so users can focus less on technology and more on their business goals. Microsoft Dynamics AX looks and works similar to Microsoft Outlook. This familiarity helps make it easier for your people to learn and the business system. You can define links to "favorite" forms and applications for each user, and provide easy access to them from individual screens.
For more information, visit http://www.microsoft.com/dynamics/ax/default.mspx.