PeopleSoft Plans To Double India R&D Workforce

New Delhi: | Updated: Nov 11 2003, 05:30am hrs
Post its merger with JD Edwards, the $2.8 billion enterprise application software maker PeopleSoft is looking at scaling up its operations in India.

The company has plans to double its research and development (R&D) and consulting team in India to 600 and 200, respectively in the next 12 months.

Further, the company is planning to begin R&D work on asset management

solutions and real estate solutions out of its India R&D centre. Presently, the companys R&D work is centred around financial services and supply chain management.

The company has its largest R&D centre in Asia Pacific based out of Bangalore in India.

We have plans to double our consulting and R&D team in India in the next 12 months, PeopleSoft South Asia managing director Angus McDougall told eFE.

The company acquired 50 customers in India following its acquisition of JD Edwards, this year.

PeopleSoft currently has a total customer base of 120.

We are now targeting the financial services, telecommunication and government sectors for our solutions as these will be the future growth drivers, he said.

PeopleSoft is the worlds second largest enterprise application provider, with 13,000 employees, and more than 11,000 customers in 150 countries.