Business Daily from THE HINDU group of publications Wednesday, Jun 21, 2006 |
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Info-Tech
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Outsourcing States - Tamil Nadu Perot Systems to open centre in Coimbatore Our Bureau
THE INDIA GAINS: (From right) Mr Peter Altabef, President and CEO, Perot Systems; Mr Vardhman Jain, Managing Director, Business Process Solutions; and Mr James Champy, Chairman of Consulting, at a press conference in Chennai on Tuesday. - Bijoy Ghosh
Chennai , June 20 Perot Systems Corporation, the US-based information technology company, will open a technology centre in Coimbatore with plans to recruit about 500 employees in the near future. The centre will begin operations in August, and do work similar to that of the Chennai centre. This includes complex processes in financial accounting and knowledge intensive transaction for the company's healthcare and life insurance customers, Mr Vardhman Jain, Managing Director, Perot Systems' Business Process Solutions (BPS) operations in India, told newspersons. In India, the $2-billion company employs about 6,000, which represent 30 per cent of its total global employee base of 18,000, Mr Peter Altabef, President and CEO, Perot Systems, said. India contributes about 9 per cent of the company's global revenues. "We see this number grow dramatically over a period of time with the launch of the company's infrastructure operations in Noida and Bangalore in December," he said. The company has a backlog of future contracted business totalling $6.5 billion. "The India solutions centres are also active in signing new businesses," said Mr Altabef. The company saves 30-40 per cent of cost by doing things out of India, he said. The company added about 1,200 employees, mostly through campus recruitment, for its consulting solutions in 2005, and would hire a similar number this year for the division, said Ms Padma Ravichander, Managing Director of the company's global consulting and applications solutions. The attrition rate in the consulting division was 15 per cent - for every 100 people 15 leave the organisation - she said. In India, Perot Systems is located in Chennai, Bangalore and Delhi.
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