Financial Daily from THE HINDU group of publications Wednesday, Dec 01, 2004 |
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Info-Tech
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Off-shore Development Saama Tech sets up shop, to invest $5 m Our Bureau
New Delhi , Nov. 30 CONSULTING and technology services company Saama Technologies Inc of the US on Tuesday announced the opening of its software development and support centre in Pune, while earmarking an investment of over $5 million for its expansion plans in the country in the coming years. "The company plans to have a headcount of over 250 by next year and has earmarked over $5 million for its expansion plans in India over next three years," a company release said here. The company chose Pune over cities such as Bangalore and Hyderabad for its availability of skilled manpower, competitive set-up costs and its proximity to Mumbai enabling international access, the release added. Saama Technologies plans to invest $5 million over the next three years to increase offshore development and support activities, and expects to leverage its experience from offices in California and Pune to deliver greater value to its clients through the offshore services practice. The company has focused expertise in providing business intelligence for enterprises and outsourcing services for software product companies. The India team works on all aspects of product development including development, testing and customer support for leading software products and solutions spanning enterprise systems, applications and databases.
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