BANGALORE: Apar Technologies Limited has set up its second offshore development center in Bangalore. It already has an existing infrastructure in Mumbai and Bangalore. According to a media statement, the expansion is a result of the new outsourcing orders, worth over $15 million, gained in the last few months.

Apar CEO Achyut Godbole, said, "This expansion is in tune with Apar’s aggressive expansion in manpower, which has seen the number of professionals in Mumbai and Bangalore center going up from 100 to 450 professionals within just ten months. Given the order book position, the total manpower at the offshore development centers would further increase to 700 by this year-end and between 1200 – 1500 by the next year."

The new clients recently signed by the company include ABN AMRO Bank, Allstate Insurance, Citibank, Clarify, Click Commerce, Deutsche Bank, Exxon Mobil, GE Power, Merrill Lynch – HSBC, Indus International, J P Morgan, Knoll Inc, Logica, Market Max, Procter & Gamble, Sony, Verizon and Webgain.

Among the main areas of its concentration are ERP, SCM, CRM, infrastructure, e-Integration, mobile e-services and e-payments, banking, financial Services, retail and telecom.

"My aim is to make Apar a global provider of cutting edge software solutions, from our state of the art offshore development centers" added Godbole. Apar has already invested over Rs 15 crore in setting up these offshore centers and plans to invest another Rs 15 crore over the next couple of years.

Headquartered in Pittsburgh, with 14 offices in Asia-Pacific, Europe and North America, Apar has revenues of over Rs 300 crore. Of these banking and financial services contribute 21 percent, manufacturing and retail verticals contribute 24 per cent and product co-development initiatives contribute 37 percent.