![]() Financial Daily from THE HINDU group of publications Monday, Sep 05, 2005 |
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Info-Tech
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Software Cap Gemini to open third centre V. Rishi Kumar
Hyderabad , Sept. 4 CAP Gemini, the $8-billion consulting, outsourcing and technology solutions provider, is bullish on India. The company has embarked on a major expansion drive that would increase its headcount from 3,000 to 10,000 in the next two years. As part of this strategy, Cap Gemini, which currently operates out of centres in Mumbai and Bangalore, is planning to locate one more centre, and is assessing the potential of various cities. The Vice-President of Cap Gemini, Dr S. Chandrasekhar, told Business Line, "India has been chosen as a strategic growth opportunity from the company management's perspective and soon a third centre would be located in India. "Though we have not yet finalised it, we are looking at non-metropolitan centres, and Hyderabad could be one among them. The availability of a talent pool, low attrition rates and cost advantages are among the issues being considered before we finalise the centre." He added, "We have initiated a process to recruit people from multiple disciplines for a range of services. We just completed inducting about 400 people from the campuses, and expect to induct about 1,000 experts for the SAP practice ranging from one to five years of experience." After the merger with the consulting arm of Ernst & Young (due to a regulatory directive on auditing firms) , the combined entity was referred to as Cap Gemini E&Y. But now it is just called Cap Gemini. "From the Cap Gemini perspective, we see a significant focus going forward on high-end business process outsourcing, particularly transactional processing and knowledge processing areas. The latter is witness to rapid growth globally and India centres could play a key role. The Cap Gemini Knowledge Management team will be run out of India," Dr Chandrasekhar said. Cap Gemini's operations have been mostly centred on North America (both the US and Canada) and Europe. However, the Asia-Pacific region has also emerged as one of its fastest growing markets. Within the region, China and India offer a lot of potential for growth. Over the years, Cap Gemini has evolved as a `RightShore delivery model.' This means that the location of the resources does not matter; results are delivered by pooling these resources as if they are a single entity across multiple locations.
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