Datacraft India Ltd plans to increase its business activity in the countriesÂ
in the SAARC region particularly Nepal, Sri Lanka, Bangladesh and Maldives.Â
Going by its experiences in the recent past, Datacraft is optimistic enoughÂ
to set up its presence in each of these countries by the end of this year.Â
The networking and services market suddenly looked up because of the take off of investment led by the banking sector. Not surprisingly Cisco has alsoÂ
reportedly garnered good growth in the region during the last year.Â
Declining to quantify the growth experienced in the region, company"s Regional Director of Indian subcontinent C Dilip Kumar
said, "We have experienced good growth in these geographies since the base was absolutelyÂ
zero. However we expect revenues from the region to contribute to ourÂ
bottomline. Growth has been driving due to investments in certain sectorÂ
like the banking industry." The company has made considerable inroads into the Sri Lanka services market and plans to address the training and managed
services market needs in Nepal, Bangladesh and Maldives.
Meanwhile the company has also upped its ante in the domestic market thatÂ
has experienced year on year growth in the managed services space. AlthoughÂ
products comprise the dominant portion of its revenues, the company is aiming to substantially increase its services revenue share and overtake theÂ
product revenue share. While services contributed 26 percent to the total Datacraft India revenues it has been growing at a much faster rate-128Â
percent as against the company"s growth rate of 67 percent.Â
Datacraft India has also consolidated its presence in the domestic marketÂ
increasing its strength from 14 offices last year to 29 offices this year.Â
The company plans to have 50 offices in the country by next year. Its growthÂ
in the B and C class towns is also natural considering the fact that banksÂ
have started automating their branches in these cities. As such, the companyÂ
plans to add another 100 people to its current base of 180 people with specific domain knowledge. Kumar is also optimistic
because the network security market in the country has been showing huge potential and growth,
with more transactions moving online. With banks now networked and with utilities offering online payments, banks have started adhering to the RBIÂ
guidelines on security issues. The RBI guideline is a reference document with over 100 plus controls specified for specified
domain transaction.
(Cyber News Service)