e4e Opens Its Third Centre In India
posted in Outsourcing News and Top Outsourcing deals, Outsourcing to India |Source: www.indiaabroad.com
e4e, a business process services and software engineering outsourcing firm, already with two centres in India, now plans to set up a third centre that will have a seating capacity of 500-people, in a secondary Indian city during the 2007-08 fiscal year.
Operating in technical, financial and healthcare domains, e4e with centres in Bangalore, Chennai, US and Scotland, has most of its work bulk handled at its Indian centres, where 3,200 out of e4e’s total global 4,000 staff strength are employed.
Murrali Rangarajan, COO - e4e Inc. talking to the media confirms his firm’s expansion plans for India, as he says: “We are intent on expanding our operations in India since the firm is based on a scaleable model. The third centre will be finalised in the third quarter of the next fiscal. We are keen on setting it up close to colleges. We are considering Pondicherry, Trichy and Coimbatore as possible locations.”
Focusing on data analytics and diagnostics, this 500-seater will be scaled up to seat 1,500-people, subsequently. “The availability of talent is immense in this part of India and we intend to build on it. Besides, we are growing between 32% and 40% year-on-year, fuelling expansion,” he points out.
Presently, working out of six locations in Bangalore, e4e is in the process of consolidating its Bangalore city operations by moving into a single campus. Since the Bangalore centre’s staff works on all domains, e4e prefers operating from a single campus, as it makes it advantageous for it from a logistical point of view, says Rangarajan.
With clients mainly in the US, who account for 95% of the firm’s market, in 2006 e4e services acquired Omni Pros, a business solutions service provider based in California’s Silicon Valley for the purpose of servicing the highly lucrative technology and financial services markets.
According to IDC estimates it is a good move considering the US off-shore IT services market is set to double to an estimated $14.7-billion by 2009. “US markets will continue to drive our growth though the English-speaking areas in APAC are slowly picking up pace,” states Rangarajan, adding that e4e would continue to focus on organic growth, even while looking at the acquisition of suitable companies that come its way.
