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Yahoo! plans IT centre in Bangalore

Fakir Chand in Bangalore | July 14, 2003 13:57 IST
Last Updated: July 14, 2003 21:45 IST

Yahoo! the global Internet communications, commerce and media company, is the latest on the block to begin outsourcing its software requirements from India by setting up a development centre in Bangalore, its first outside the United States.

Working in tandem with its only research and development centre in the US, the new facility will design and develop a slew of products for the parent company's business units, worldwide.

The parent company has about 20 subsidiaries with domain expertise in diverse fields.

The centre will focus on software development and Internet-based product innovation in multiple areas, including communications and marketing to meet the growing demand for new Internet services.

New versions of the existing product range will be developed from the wealth of data and information the portal has built over the years.

"We will have about 150 professional at the centre by the end of 2004. These will be new jobs being created to outsource our global requirements.

"For hiring the new staff, we will tap the local talent as well as those Indian professionals returning from the US," Yahoo! software development centre CEO Venkat Panchapakesan told on Monday.

Panchapakesan, however, did not disclose the investment being made by Yahoo! in India for setting up the facility and its operational costs.

Though the wholly owned subsidiary has begun hiring software engineers for the new facility, the number of employees has not been made official. But it is expected to ramp up the figure to about 100 by this year-end.

According to IT industry sources, the company will be incurring an average of Rs 500,000 per employee annually, including the cost of infrastructure, operational expenses and wages.

"Focusing on delivering business critical software and services to its operations in the US and its global subsidiaries, the centre will develop scalable server technology, UNIX/C++, middleware, TCP/IP networking, Oracle/MySQL, Apache and data mining algorithms," Panchapakesan stated.

The centre will also provide customisation and technical support for the launch of Yahoo! products globally. Development of Yahoo! Ad Systems, messaging products and Yahoo! financial services are on anvil.

The company's officials have claimed to have about 50 million users in the US alone. The number of users in India was not disclosed.

As one of the first online navigational guides to the Web, Yahoo! caters to over 235 users in 25 countries in 13 languages.

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Number of User Comments: 7

Sub: How to stop hacking yahoo id ?

Hi, Im Nagarajan from Bangalore India. Last couple of months someone is accessing my yahoo id and deleting messages whatever i have in my yahoo ...

Posted by Nagarajan

Sub: Great!!!

Great, Its Yahoo in Bnagalore. Lifting up the spirits of s/W eng like me.

Posted by Karthik

Sub: Typo in the article

I found a small Typo in this article at the end of the article you specified 235 users, I thought it is 235 Million users. ...

Posted by Praveen Kumar

Sub: Pls check the figures

Is it OK ---235users in 25 countries.

Posted by sanchi vasudeva

Sub: Break out Good News

Yep!!! its fine to hear yahoo is goin to come India(bangalore) So the starting point will be good and it should be a major benefit ...

Posted by Vema Venkata Suresh


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