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136| Cadence Design Systems
Cadence opened its third Indian R&D facility in Noida during FY 08. CEO
Mike Fister came calling once more ostentatiously to inaugurate the facility,
but more to woo Indian customers. The company pumped in Rs 47 crore in this
93,000 sq ft facility, making it the largest Cadence R&D site outside of the US.
The center focused on developing design automation solutions to address the
needs of engineers designing at 65 nm and 45 nm technology process nodes.
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n
Cadence Executive Director Himanshu Singh quit
n Completed
20 years in India
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l Managing Director: Jaswinder Ahuja l
Start-up
Year: 1987 l Products & Services: Electronic Design Automation
Software l Address: 57 A&B, Noida SEZ, Noida-201305 l
Tel:
+91-120-2562842 l Website:
www.cadence.com |
137 | Headstrong India
Headstrongs focus on consulting business, and on the financial services
domain, has paid off with nine of the top ten investment banks on the Wall
Street as its customers. While its business has grown by over 40% y-o-y, the
company has gone in for a major growth model, diversification in new
geographies, and expansion of its service offerings. More than 60% of its
revenues was coming from capital market sector. The company is also focusing on
the PSU and service industries for revenue generation.
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n
Completes divesture of Metamor Enterprises
Solutions
n Ranked
Among Top 100 Technology Providers to the Financial Services
Industry by American Banker and Financial Insights
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l CEO: Arjun Malhotra l
Start-up Year: 1981 l
Products & Services: Consulting, application outsourcing,
product development services, BPO l Address: D-4, Sector 59,
Noida-201307 l Tel: +91-120-4074000 l Website:
www.headstrong.com |
138 | Red Hat India
In FY 08, this Linux solutions major made inroads in the e-governance
domain. It bagged a number of projects including Sarv Siksha Abhiyan (HRD
Ministry), e-courts (Supreme Court), e-post (Dept of Post), and CSC projects in
West Bengal and Bihar. On the business front, healthcare and education were the
two hot verticals driving the companys growth. Red Hat however continued to
focus on BFSI and telecom verticals and expects a growth of 50% in telecom and
government sector.
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n
Planning to increase headcount by 20% in FY 09
n Bagged the APTDC Online Reservation System
project
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l Managing Director: Nandu Pradhan l
Products &
Services: Provider of Linux and open source technology
l Employees: 200 l Address: B 304, B Wing, Delphi Building, Hiranandani Business Park, Powai, Mumbai
l Tel: +91-22-39878888 |
139 | Cybage Software
Pune-based Cybage Software added more than 50 customers to its kitty
including some big names like Dell, Google, Oracle, and Fidelity. The company
opened a 4,500-seater campus in Pune with an investment of Rs 80 crore. This
consolidated its three centers in the city. It also opened a 350-seater
development center in Gandhinagar with an investment of over Rs 10 crore. This
year, Cybage has Netherlands and UK as target markets. It will also ramp up
presence in France, Italy, Belgium, Australia, and New Zealand.
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n
Featured at #4 in Fortune Magazines 2008 Global
Outsourcing 100 rising star category by the IAOP
n Opened development center in Hyderabad SEZ
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l CEO: Arun Nathani l
Employees: 2,666 l
Branches: 9 l Address: West Avenue, Kalyani Nagar, Pune
l Tel: +91-20-66041701 l Website:
www.cybage.com |
140 | FCS Software
While the company retained its stronghold in the retail vertical, it was
remote infrastructure monitoring which kept FCS busier through the year. The
company added three Fortune companies to its clientele roster in this space.
Much of the companys efforts in FY 2008 went into building infrastructure and
capacity, to support expansion in the tier-2 and tier-3 cities, with the
intention to reduce cost of operations. The preparations to launch the
Chandigarh, Noida SEZ, and the Dehradun development centers were part of this
strategy.
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n
Total client base increased by 18 during the
year
n Order book of over US $68 mn in next few years
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l Chief Managing Director: Dalip Kumar l
Start-up Year: 1993 l Products & Services: IT consulting,
e-learning & digital consulting (ELDC), application support
and infrastructure management services l Employees: 849 l
Address: A-86, Sector 57, Noida-201301 l Tel: +91-120-3061100
l Fax: +91-120-3061111 l Website:
www.fcsltd.com | Page(s) 1 2
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