Maintenance solution developer Datastream Systems has bought out Australia and New Zealand distributor Datastream Pacific to establish a direct presence here.
Setting up its Australian head office in Brisbane is part of Datastream's growing commitment to the Asia-Pacific market, according to president and CEO Larry Blackwell. It follows Datastream's recent opening of a regional office in Shanghai and acquisition of Singapore developer Strategic Information Systems.
Datastream Pacific founder David Higgins will head the wholly owned subsidiary, whose customers include Mars, Bundaberg, GE Plastics, Sony Music, Energizer, Smith Klein Beecham and Chevron.
In addition to offering a fully scalable line of low-end and mid-level software products, it will market to larger companies who seek "best of breed" maintenance solutions for use with Enterprise Resource Planning Systems.
Over the past seven years, Datastream Pacific has installed 463 Datastream systems for 230 customers and sales of software and services have reached the level where a direct Australian presence was needed, Higgins said.
Datastream claims 43 per cent of the market for maintenance and asset management software held by the top 10 maintenance solution providers.
The latest addition to Datastream's software line, MP5, is designed for multi-site organisations with asset intensive and safety-critical operations such as oil and gas, utilities, telecommunications and mining industries.