Thursday, March 15, 2001
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Zensar Tech targets more revenues from off-shore development centres 

Our eFE Bureau  
Pune: Zensar Technologies Limited is planning to expand the off-shore development centres (ODCs). The company currently runs ODCs for six companies and is planning to add four more centres during the year, Ganesh Natrajan, deputy chairman and managing director, Zensar Technologies Limited said. As of now the ODCs contribute around 20 per cent of the turnover and our goal is to take it to around 60 to 65 per cent, Mr Natrajan said. There will also be expansion of the existing ODCs for Sprint, Fujitsu, Cisco and three other undisclosed clients. Zensar is expected to end this year with a turnover of more than Rs 200 crore.

Mr Natrajan was speaking at the first media briefing after taking over as the deputy chairman and managing director of Zensar Technologies. Zensar has been growing at around 25 to 30 per cent and Mr Natrajan indicated that his agenda would be to grow the company at more than the industry rate. He blamed the inability of Zensar to fulfill its full potential on the lack of leadership in the company. "We are in the process of rebuilding the management team at Zensar," he said. He would be beefing up the sales and marketing teams. "The building blocks are all there we only need to ramp it up," Natrajan said.

Zensar would not be affected by the slow down in US in fact we are expanding our network in the US," Mr Natrajan said. The US business has a new head in the form of V V Chellappa. Three more offices are opening in the next three months in the US to take the list to eight. Zensar is also setting up its fourth facility in Pune which will house 900 professionals and add to the current strength of 1200. A RPG group company, Zensar is the world's first enterprise-wide SEI CMM Level 5 company. The company is in the process of merging Zensar with its holding company, Fujitsu ICIM. Post-merger RPG and ICL plc will each hold a 30 per cent stake in the company, which has a capital base of Rs 23 crore. We will get the company listed by September 2001, Mr Natrajan said.

Zensar's corporate strategy is built around three lines of technology - Oracle, IBM and Microsoft. It is also ventured into emerging technologies - embedded software and mobile communications. The company would be focusing on building domain expertise in retail, telecom and financial services verticals.

Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.

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