|
US, UK preferred markets for Indian IT services
February
3, 2010
Source: PTI
NEW DELHI: America and Britain are the most preferred markets for Indian IT service providers, with about 71 per cent planning to expand their
presence in the two countries, a study said.
According to a study by PricewaterhouseCoopers and CII, "The US and the UK are still considered attractive markets for expanding into with 71 per cent of service providers who were surveyed, keen to expand in the US and the UK market."
The English speaking demographic was one of the key reasons why it was initially easy for Indian companies to align themselves with businesses in the US and UK.
However, with the demand slowing down, new markets across Continental Europe, Latin America and the Asia Pacific are poised to gain importance in the coming years.
The study further said the smaller players are more excited about the US and UK while the bigger players prefer Eastern European countries.
|
 |
|
Wipro inks agreement with British American tobacco
February 3, 2010
Source: PTI
BANGALORE: IT major Wipro Technologies has entered into a multi-year outsourcing engagement with British American Tobacco, to help the company
improve effectiveness and efficiency of application support services for its global business operations.
Under the agreement, both companies will partner to leverage Wipro's global scale and transformational capabilities to achieve results in productivity, IT costs and service quality, a release said.
The agreement will provide an enterprise-wide global application support delivery model and capability, reduce the total cost of ownership and allow more opportunities for value-added services to business users of British American tobacco.
Wipro will be delivering this global programme across over 130 countries where the company operates.
|
|
|
GirnarSoft to set up facility in Mahindra World City
February 3, 2010
Source: ET Bureau
JAIPUR: IT firm GirnarSoft is planning to set up a software development facility in multi-product special economic zone - Mahindra World City’s IT
zone.
GirnarSoft director Amit Jain told ET that the company would invest $2 million for developing this facility. “We would start off with 100 professionals and would scale up the operation to accommodate 1000 software professionals in next 3 years,” he said.
The company is focusing on developing IT solutions for financial, banking, i phone and social media applications at this facility. “At present we are servicing around 20 US based companies. We expect to double the number in next three years. We are also on a look out for European and UK based companies,” he said.
After from software development, the company is engaged in in-house product development of web portals. Its flagship automobile portal has been popular among automobile lovers. The company has lined up six more portals in different segments.
GirnarSoft is among 12 IT companies which are setting up their shops in Mahindra World City (MWC). “We have roped in companies like Infosys BPO, Infosys Technology, Deutsche Bank, Connexions and EXL in our IT zone. EXL is planning to start its operation from July this month with 500-seater, which is be ramped up to 5000-seater in next 3 years as per the requirement,” MWC business development head Ashish Mathur said.
MWC has so far invested Rs 550 crore in land acquisition and infrastructure development in SEZ. The 3000-acre multi product SEZ has been able to attract potential investment of over Rs 2000 crore in IT zone, light engineering & handicrafts zone and domestic tariff area (DTA).
“Banks like State Bank of India and ICICI are setting up their northern hubs in DTA creating over 20,000 jobs in next few years. We are likely to attract an investment of Rs. 10,000 crore over a period of 5 years,” Mr Mathur said.
|
|
|
|
|
|
