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Mumbai:
Patni Computer Systems Limited, India''s 6th largest
IT services company today announced plans to set up
its first development center in Bangalore. The proposed
centre, which will be located at the Electronic City
Phase II, will house 1,100 people.
The
company plans to increase its presence in the south
as currently its operations are concentrated in the
western and northern regions. This move will enable
it to attract talent from the ''Silicon Valley of India''.
The company currently has multiple development facilities
across 6 cities in India, at Mumbai, Navi Mumbai, Pune,
Noida, Gandhinagar and Chennai.
Expected
to be completed in July 2004, this centre will meet
the needs of Patni''s rapidly growing business requirements
for providing services to GE, its $100 million customer.
Additionally, the centre will offer services for clients
in ''embedded technology solutions'' space currently witnessing
over 100 per cent growth year-on-year, and for the company''s
''enterprise applications'' practices.
P J Kutar, resident director-India, said, "Patni
has beaten the industry average with a compounded annual
growth rate of 41 per cent over the last five years.
Going forward, it is imperative for us to tap high quality
talent to sustain this rapid growth. Our Bangalore centre
will allow us to absorb and leverage on the high-quality
skill sets available in the city to help achieve our
business targets."
Patni
is an ISO 9001:2000 certified and SEI-CMMi Level 5 organisation,
assessed enterprise wide at P-CMM Level 3. In keeping
with its focus on continuous process improvements, Patni
adopts Six Sigma practices as an integral part of its
quality and process frameworks.
Patni
Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI)
is a global IT Services provider servicing ''global 2000''
clients
in the manufacturing, insurance, banking and financial
services, retail, hospitality, and energy and utilities
industries.
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