Matrix opens Nanjing training center

The new high-tech training center is a joint venture with PTL Group.

IT integrator Matrix IT Ltd. (TASE:MTRX) unit John Bryce Hi-Tech College and PTL Group Ltd. have opened new training center in Nanjing in collaboration with the Nanjing Quality & Inspection Center, which authorizes every software product developed in the city before marketing.

The new center in Nanjing is another milestone passed since Matrix's entry into China over six years ago. Matrix started with establishing John Bryce Colleges in Shanghai and Beijing and today serves international clients such as Intel, SAP, EMC, Autodesk, and Adobe, as well as Chinese corporations such as China Mobile and ZTE. To date, John Bryce China has trained over 8,000 senior high-tech engineers. A year ago, Matrix and PTL Group launched a Development Center for Mobile Apps in Changzhou.

400,000 of Nanjing's eight million residents work in software. The new center will initially train 500 employees of local IT companies, and will later provide software services.

"China is in the process of moving from production economy to innovation and R&D economy. As part of this trend, the Chinese focus on enhancing the level of training and know-how of their professional software employees," said Matrix China CEO Yoav Chernitz.

PTL CEO Zvi Shalgo added, "Over the past years of joint operations with Matrix in China, we have seen a dramatic change in the local market of advanced services, mainly in software and IT - a highly preferred sector by the Chinese government and its R&D plans. Expenses on IT in China have exceeded $300 billion in 2013."

Published by Globes [online], Israel business news - www.globes-online.com - on April 3, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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