MUMBAI: Perot Systems is expecting a growth of nearly 40% this fiscal, following the acquisition of HCL's stake in its Indian JV, HCL Perot Systems (HPS). While HPS itself was slated to grow by nearly 30%, the integration would result in a further boost to its growth. This was revealed by Brian Maloney, Chief Operating Officer, Perot Systems Corporation, during Nasscom 2004.
Other than the software services capabilities of HPS, the integration also brings into table the business of HPS's BPO operations, Vision HealthSource. In the new scenario, Perot Systems would have two separate business units- the Technology Practices and Business Processes. Speaking about business synergies, Maloney pointed out that HPS would augment Perot in its traditionally strong verticals like healthcare, financial services, manufacturing and strategic markets like telecom services. The new company is expected to generate 50% of its revenues from North America, 40% from Europe and 10% from Asia. "In the onsite-offshore model, this is one of the best mixes one can have," claims Maloney. Currently, Perot has 6000 people, out of which 2500 are from the erstwhile HPS, while 800 are from Vision HealthSource. Perot is in the process of establishing a new facility in Chennai, which would be ready in 45 days. HPS has brought with it 75% of its 70 active clients to the Perot stable. CyberMedia News Service
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