Cranes Software Middle East LLC (CSIME), a joint venture between Cranes Software International Ltd and The Kanoo Group, has launched its operations in the Middle East.

The JV company CSIME, which has opened an office in Dubai, plans to offer services to its clients in the areas of analytics, enterprise project and portfolio management, six sigma consulting, and enterprise applications, Cranes Software International Ltd informed the Bombay Stock Exchange.

Few verticals that will be targeted include banking, financial services and insurance, retail, petrochemical manufacturing, pharmaceutical and life sciences, education, and travel, it said.

"The Middle East is one of the fastest growing regions in the world and a very significant market for Cranes Software. With our global experience and our joint venture with The Kanoo Group, one of the largest business conglomerates in the Middle East, we hope to be a key IT player there in the near future," CSIME Director Muced Khader said.

The company's products and solutions are offered worldwide, and are widely accepted by multinational companies, R&D establishments and educational institutions in US, Europe, Japan, Australia, as well as other regions.