Pioneering the concept of Total Business Outsourcing, where whole businesses in multiple locations are run from a low-cost, high-skilled country, eSys has used its nerve centre in India for this purpose.
So well, have its Indian operations worked out that eSys has charted a Rs. 1,000-crore investment plan for India, including the setting up a new manufacturing facility and the expansion of back office operations in the sub-continent. Starting up with an initial investment of Rs. 50-crore, it will be eSys s second in India after Delhi. While, setting up its manufacturing unit in Himachal Pradesh, India, and investing Rs. 50-crore in expanding its back office operations in the Union Territory of Chandigarh, eSys plans to increase its headcount from 500 to 2,000.
Planning to run its global operations from India, with its offer of low cost high-skills, it is a move that will save the company one-fifth of its total costs. Aggressively looking for business growth in India, 2005 2006 financial year saw eSys grow by 50%, clocking Rs. 1,600-crore in India, with plans to touch Rs. 2,500-crore by 2008, all from its Indian operations.
And, to top that, in the news, global giant IBM has recently acquired a privately held Indian American-owned IT-firm Webify founded by Indian-American Manoj Saxena. Although, financial terms have not been disclosed, it seems IBM will retain 120-Webify employees, working in Texas, USA and Mumbai, India.
Austin, Texas-based Webify has programmes that help insurance companies, healthcare companies and banks share data among various software systems, that otherwise would not be able to communicate with one another. It provides hundreds of industry-specific, pre-built standards-based accelerators, tools and frameworks. And, IBM will use this acquisition to expand into the fast-growing market of integrating corporate software systems.
Acquiring Webify will also help IBM to take advantage of its strengths in business consulting, IT services and software to develop high-value tools that help companies optimise and transform their businesses. And, immediately without wasting time, Webify technology will be integrated into IBM Software Group under the WebSphere brand.
What we see here is the creation of a very large market for service-oriented architecture (SOA) in the next three or four years, Saxena said at a press meet to announce the acquisition, a merger that will help Webify increase its global reach. And, to quote Saxena: From a shared point of view, Webify and IBM have a very similar point of view.
Meanwhile, media reports confirm Saxena will continue to manage Webify, taking on additional responsibilities for IBM s SOA strategy. Senior Vice-President, Marketing and Business Development for Commerce One prior to this, also founder President and CEO of Exterprise Inc., he is more than capable of handling both jobs. Self-evident as under his leadership, Exterprise grew from a little jump start-up with a staff of five to over 200-employees, all within the short span of two years, and raised investments from Dell Ventures, Morgan Stanley, Triton Ventures, Austin Ventures and Vignette Corporation.
Named 2000 Entrepreneur of the Year by Inter@ctive Week magazine for his accomplishments, awarded Distinguished Alumni Award by MichiganStateUniversity in 2001, Saxena has proved, yet again, Indians can take on the best of the world.
While, eSys has thought it prudent to make India its nerve centre pumping in Rs. 1,000-crore in expansion of its Indian operations, global giant IBM value added by bringing Indian-owned Webify into its stable. Further, proof that brand India Inc. has arrived on the global scene! Indians talent and skills, as well as, Indian-owned businesses are the most sought after, globally!
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