Financial Daily from THE HINDU group of publications
Thursday, Oct 06, 2005


News
Features
Stocks
Port Info
Archives
Google

Group Sites

Info-Tech - Software


UBICS eyes South for expansion

R. Savitha

Pune , Oct. 5

THE Pittsburg-headquartered UBICS, player in the product consulting business, is targeting the domestic market with a specific focus on the South for growth.

UBICS is the information technology division of the Bangalore-based UB group of companies.

Mr Sunil Patil, President, Global Solutions, told Business Line that the focus area would be consulting practice and the targeted cities include Chennai and Hyderabad.

The company is looking at having a workforce of about 50 in Chennai.

It is expected to begin its practice by February. UBICS, which has a presence in Bangalore, recently strengthened its unit to eight consulting practitioners. On whether the company did not want to include Kerala in its list, Mr Patil said the Kochi market would be looked into at the end of 2006. Mr Patil said the company would move to the UB city by the middle of next year in Bangalore.

This is a project that has been undertaken by the UB group and the Prestige group. The facility once completed will be able to house all the UB companies at one place.

Mr Patil said the consulting practice in total brings in about 35 per cent of the total revenue, which is expected to increase to 50 per cent in three years. Of this, UBICS expects about 40 per cent of the revenues to come in from the South Indian market.

The expected revenue from this stream will be about $10 million by 2008, after three years of operations.

Mr Patil said the UBICS consulting practice targeted the high transaction customer supplier relationshipMr Patil said UBICS provides consulting services to Motorola, Heinz, Nortel, Oracle.

It is currently implementing this model with Mahindra British Telecom; it provides consulting on the Web to Mahindra British Telecom and for ERP (enterprise resource planning) projects, he said.

Its second client, is Pune-based KPIT Cummins Infosystems Ltd. On the company's expansion plans, Mr Patil said Pune, which is currently the research and development centre, has about 300 software professionals on its rolls and this would be ramped up to 600 by the end of the current fiscal.

Mr Patil said the company has already invested close to $1 million for research and development in Pune and plans to double the fund.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Share Infoline Tata Safari Dicor

Stories in this Section
Network equipment vendors must have local production, says Maran


Nokia zooms in on Raghu Rai as imaging ambassador
Airtel, RIM expand BlackBerry reach — E-mail facility on select Nokia, Sony Ericsson handsets
New Hutch initiatives
Boom time
BSNL launches new service
New desktop from Lenovo
Solix Tech to expand R&D team here
UBICS eyes South for expansion
SAP stresses on service-based business tools
Flextronics to offer FutureSoft's products
Infy Q2 results
NIIT 10th centre in Hyderabad
ITS(Kolkata) officers' concern over transfer `option'
A club for IT professionals
Aspire opens global Centre in Chennai
SQL Star is Red Hat partner
IRDA studying online sale of policies
Strong AP contingent to take part in Bangalore IT.in
Karnik to lead team to Japan


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line