A Ramping Up Of Indian Operations
Telelogic, software solutions provider for automating software development, has announced it will further strengthen its Indian operations by setting up new offices and ramping up the headcount of its Bangalore-based product development team.
With the Indian operations contributing significantly to its global revenues, Telelogic has opened new sales and support offices in both Pune and Delhi. As well, the company has announced its intention to set up a regional office in Hyderabad by October 2006, including ramping up the headcount of its Indian research and development team from its current 100 to 150-employees, all within the space of one year.
To quote Telelogic CEO - Anders Lidbeck: “India not only provides us world-class talent to develop cutting-edge software, it also has a large domestic market providing us enormous opportunity to tap the same.” With its Indian operations growing at 33% every year since 2001, India has emerged as the third-largest market for Telelogic, closely trailing Japan and Australia in the Asia Pacific region.
As well, he confirmed his company’s plans to further consolidate its position in India by partnering with leading Indian ISVs to provide strategy consulting to its Fortune 500 clientele, and to work closely with the Indian government on e-governance initiatives.
Starting its Indian operations in 2000 with a team of just three people, in 2004 Telelogic went on to open its research laboratory in Bangalore with a team of five. Presently, it has over 200-employees India-wide, including a team of more than 100-software developers. According to Lidbeck, his company counts Wipro, Infosys, Tata, Patni, Sasken and DRDO, amongst some of its key Indian customers.
Globally, India is Telelogic’s third-largest operation after USA and the UK, however, its research lab in the sub-continent is its largest single operation worldwide. Healthy profits year by year Lidbeck says have allowed Telelogic to fund its expansion in India over the last few years
Head-quartered in Malmo, (Sweden), Telelogic logged a revenue of $200-million in the last calendar year. Sure-fire proof, even Europe is being slowly won over to the trend of off-shoring / outsourcing to India, Telelogic is just the tip of the iceberg, other European firms will soon take the lead from firms, such as, this Swedish company, in large part enticed by the huge profits to be made by having Indians do what they do best i.e. you name it and they can do it better than anybody else!
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