Big Blue Bullish On Life Sciences

New Delhi | Updated: Mar 29 2004, 05:30am hrs
The rush to capture a major chunk of the biotechnology and life sciences pie is seeing more and more IT companies in India entering this new domain. And this time it is IBM India Ltd a subsidiary of IBM Inc (International Business Machines Corporation) which is aggressively looking at this sector in India.

Within life sciences, the company is planning to start with consultancy on biotechnology, followed by bulk drug research and clinical trials in due course of time.

As reported earlier in eFE, Infosys (a leading software services company in India), too, is bullish about life sciences as a practice.

This year, emerging areas like life sciences will be in the limelight and IBM India is bullish about the sector as it has a lot of potential for the IT companies, IBM India Ltd vice-president (IBM Software Group and Developer Relations) R Dhamodaran told eFE.

The company already has initiated some work within life sciences. It is supporting a couple of global pharmaceutical companies in India with IT infrastructure. In pharma, we have brought some skills from outside India. If need be, we will get more resources from outside India to meet the requirement in life sciences, Mr Dhamodaran said.

The other key area for IBM India Ltd in software will be digital media, according to Mr Dhamodaran.

The company has 9000 people in India, with over 1000 software professionals in the global software labs in Bangalore and Pune.

IBM India Ltd was set up in September 1999, before which IBM was present in India since 1992, through a joint venture.

It offers end-to-end solutions to customers from hardware to software, services and consulting. The company also offers finance and leasing facilities to customers.

Some of the important facilities it has established in India include IBM Solution Partnership centre in Bangalore, Linux Solution centre in Bangalore, India Research Laboratory in Delhi, India Software Labs at Bangalore and Pune and Global e-business Software centre in Gurgaon.

For the year 2004, IBM is planning to outline its $14 billion software business to boost sales in the software market. The IBM Software Group is headed by Steve Mills, IBM senior vice-president and group executive, who works with a team of approximately 35,000 people around the world in the worlds second largest software business. IBM is among the leading middleware providers along with competitors like Oracle and BEA. Middleware represents around 80 per cent of IBMs software business.