The Hindu Business Line : CSC expanding bouquet of products

New Delhi March 27 The NYSE-listed Computer Science Corporation (CSC) plans to extend its intellectual property-led portfolio of technology products to verticals beyond banking and insurance, with primary focus on manufacturing and healthcare. These products are likely to be developed from the company's India innovation centre.

"We would broaden our product offerings with primary focus on healthcare and manufacturing. However, we would announce the details of our global strategy two weeks from now," said Mr Michael W. Laphen, President and Chief Operating Officer, CSC.

"Till now we have been offering services across different verticals. However, we do not have as wide a range of products with deep domain expertise in verticals other than banking and insurance. We expect that in the new verticals to be introduced, India is likely to carry out product development and create intellectual property for the two verticals to address the domestic as well as global market. It would be mainly out of the India innovation centre," said Mr Bala Mahadevan, President and Managing Director, CSC, India.

Scouts for buys

On his visit to India, Mr Laphen said the company would continue to focus on the global markets from its Indian operations. The domestic market was not an immediate focus for the company.

On the acquisition front, he said the company was scouting for mid-sized firms. However, it was looking more to leverage Indian companies that were going global, through partnership or sub-contracting, for some of the large-scale deals in the international market.

CSC, which clocked about $14.7 billion revenues as on year ended December 2006, has around 80,000 employees of which 7,400 are based out of India.

The company has registered growth of over 75 per cent over the last three-four years and expects to repeat this in India this year as well. It has delivery centres in Noida, Hyderabad, Chennai and Indore.