Infogain Corporation, a Silicon Valley based Strategic Consulting and Technology Services Company, is also planning to invest $ five million in the next 18 months in India and would increase its employee strength from the current 170 to 500. The company would be starting its BPO operations from NOIDA in about six months’ time, which would consist of 80-100 people.
It has also announced the expansion of its India Development Center (IDC). Being US based, this would be a back-end investment into India. To supplement Infogain’s growth in the US and UK the expansion of the IDC would strengthen Infogain’s India presence by adding over 350 professionals in the next 18 months. Currently Infogain’s IDC is growing at the rate of 65 percent.
To enter into newer markets, the company has adopted a non-linear growth model and has recently acquired, Global Technologies Ltd, an international professional services company. The move would help in strengthening Infogain's European operations and market presence.
Giving the rationale behind starting the BPO operations, he added, “Our sharp focus on Customer knowledge strategy combined with our domain knowledge gives us a cutting edge. To complement our current business model, we are planning to enter into high end BPO space, wherein we will be able to realize much higher margins. Our India facility will play a key role in accomplishing this”. The company is in talks with its existing customer for its BPO services.
Established in 1990, Infogain has expert competencies in customer relationship management (CRM), business intelligence (BI), enterprise application integration (EAI), and in outsourcing application management and product engineering. In India, the company has a wholly owned subsidiary — Infogain India (P) Ltd with an ultra modern software development facility at
Noida.
The company registered a turnover of $40 million in 2003 and looking at a turnover of $100 million by 2005.
(CNS)