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Collabera to focus on South India
Aravind Gowda in Chennai | February 13, 2008 01:15 IST
IT services provider Collabera, formerly known as Global Consultants Inc (GCI), plans to significantly increase its presence in
The privately held company, founded 16 years ago, presently has its offices in
The US-based company's staff strength outside
"For the last three years, the focus of the company has been on expanding Indian operations. In the next two years, we want the staff strength of our Indian operations to touch 4,000.
As part of the expansion plans, the company opened a development centre recently in
"We are keen on opening a centre in
Collabera, which has 90-100 active clients, recorded $300 million in sales in 2007. "We are witnessing a year-on-year growth rate of 20-25 per cent. Our pipelines are robust and we continue to see growth in some segments of business," he stated.
The company derives over 90 per cent of its revenue from the
Traditionally, Application Development Maintenance (ADM) has been the single largest revenue generator (60 per cent) for the company. It has identified SAP practice and software testing services as emerging areas.
Apart from ADM, Collabera provides enterprise software solutions, outsourced product development and business intelligence, and data warehousing to industries such as financial services, technology, communications, media, manufacturing, retail and logistics.
Last year, Collabera secured $30 million in funding from Oak Investment Partners.