EDS bullish on India, plans to double workforce over next year
CHENNAI, MAY 13: The $21 billion Electronic Data Systems (EDS) plans to ramp up its employee strength in India to 4,000 from 2,000 at present over the next one year. The majority of the company's expansion will happen out of its Chennai and Pune centres.
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"We are ramping up our headcount because India is a critical component of EDS new global delivery model which is aimed at further consolidating our application delivery business," Iain Blacklaw, vice-president, service delivery, Asia Pacific, EDS, told reporters here on Friday.
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EDS India Ltd, a wholly-owned subsidiary of EDS, plans to set up three new centres, two in Chennai and one in Pune. The company at present has seven centres in India across Chennai, Pune, Gurgaon and Mumbai.
The company's service offerings from India include back office processing, infrastructure technology operations and application delivery. India's operations currently supports three verticals including telecom, financial services and manufacturing. The company is now adding retail industry segment to its industry portfolio offerings.
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"Back office processing and application delivery accounts for around 80% of our offerings. We expect the application delivery business to grow along with our back office business," said, Abhay Gupte, managing director, EDS (India) Ltd. The company is also investing in additional technology capabilities with strong focus in the areas of SAP and .Net.
EDS posted a global revenue of $20.7 billion for 2004 and from its Asia Pacific operations, it had a revenue of around $1.2 billion.
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