The Hindu Business Line : Saba Soft to expand Pune facility

HUMAN Capital Management (HCM) solutions provider Saba Software has opened its second development centre at Pune. The company is also in the process of putting in place plans to set up its global sales and support services centre in Pune by mid-2006, its founder Chairman, Mr Bobby Yazdani, said here.

The company, which has been in the HCM space since 1997, will put up a 60-people facility at Pune to add to its 100-strong team at Seepz in Mumbai, Mr Yazdani said adding that the growth in India is to cater to its global clients including Standard Chartered, ABN Amro Bank, Procter & Gamble and Cisco.

The company, which is in the business of developing software that help large corporations to train its staff and upgrade specific skill sets, is now working on a new generation suite of HCM products for which a bulk of work will be done out of its India development centres, Mr Yazdani told newspersons.

With the India plan picking up speed, the company is increasing its budget allocation for the operations here. The company, which spent $10 million in R&D last year, will increase it to $25million this year of which half would be allocated to Indian operations, he said.

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