![]() Financial Daily from THE HINDU group of publications Tuesday, Feb 14, 2006 |
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Info-Tech
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Restructuring SQL Star completes revamp New team in place to implement new biz model Raja Simhan T.E.
Chennai , Feb.13 SQL Star International Ltd, the Hyderabad-based information technology knowledge and services company, has completed a business restructuring plan. In the last three months it has also roped in five professionals from Oracle, IBM India and Sage to form a new management team, according to a company official. Hitherto, the company has been focussing mainly on providing training in Oracle applications. It has now formed five divisions - enterprise solutions (project execution and process management), technology and managed solutions (data and system, testing), application solutions, education and strategic resourcing business, said Mr Shishir Srivastava, Head of Education, SQL Star. Mr Narendra Shukla from Oracle was first brought in as the company's CEO. Subsequently, Mr Rajeshwar Mitra and Mr Anupam Haldar (both from IBM India) joined as business heads of strategic resourcing and enterprise solutions respectively. Mr Sudhir Tewari, also from Oracle, joined SQL as head of technology and managed solutions and Mr Srivastava, who was with Sage in the West Asia, came in as head of education a couple of weeks back. "We now have the right management team, and the execution of the new business model would start from July," Mr Srivastava told Business Line. The company went through a bad patch during the last couple of years. Bennett, Coleman & Co has acquired a 10 per cent stake in the company for an undisclosed sum. The company plans to invest Rs 8 crore in the next couple years on various things, including advertising, he said. Explaining the new business model, Mr Srivastava said each business division would complement the other. For instance, if employees in application solution were implementing an Oracle application, the faculty from the education division would be involved in the project. Similarly, the technology solution team would implement high volume database, networking and database administration along with the faculty, who would then go back and teach students about the projects, he said. The strategy resourcing business would provide trained manpower to various companies, including multinationals such as IBM and Accenture. Oracle, Red Hat, Sun Microsystems and IBM have appointed the company as training provider, he said. SQL has about 570 employees, including 170 in education and 200 in e-governance projects. It has eight training centres in the four metros, and in Bangalore, Pune, Hyderabad and Bhubaneshwar, Mr Srivastava said.
Related Stories: More Stories on : Restructuring | IT Training | Business Models
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