![]() Financial Daily from THE HINDU group of publications Wednesday, Oct 26, 2005 |
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Outsourcing Info-Tech - Software Corporate - New Projects TCS launches Chennai centre for infrastructure management & BPO Our Bureau
Mr N. Chandrasekaran (right),Executive Vice-President, TCS, and Mr Ravi Viswanathan, Vice-President, Chennai Operations, at a press conference in Chennai on Tuesday. - - Shaju John
Chennai , Oct. 25 TATA Consultancy Services (TCS) on Tuesday inaugurated its centre in Chennai for providing infrastructure management and business process outsourcing (BPO) services. With about 250,000 sq. ft. of space at an investment of Rs 45 crore, the centre has 2,500 seats. About 300 people from other centres of TCS will move to this centre in the first phase. Mr N. Chandrashekharan, Executive Vice-President, TCS, said, "In addition to core IT services, we have five areas that are growing: consulting, BPO, engineering and industrial services, asset-based solutions and remote infrastructure management. Each of these has revenues between $50 million (Rs 217.50 crore) and $200 million (Rs 870 crore) annually." He added, "Hopefully, infrastructure management should cross $200 million this financial year." (Remote infrastructure management is said to be a high growth area for IT companies.) Asked if all components of infrastructure management could be off-shored, Mr Chandrashekharan said, "We would like the offshore component to be about 80 or 90 per cent. But currently, it is in line with other IT services. ( around 60 or 70 per cent.)" TCS has infrastructure management services centres in Budapest, Hungary and Bangalore.
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