HYDERABAD: US based organization with its subsidiary, Learning Byte in
Hyderabad is focussing itself to providing elearning in the Indian space. Where
lack of knowledge about IT issues is a major barrier in direct communication
between training HR and IT personnel, Learning Byte could prove to be a boon.
The company is developing a project for ICICI bank to reduce the time to be
productive for its front office personnel.
Learning Byte is a designing program for ICICI, which would enable the
organization to facilitate updation of skills and provide for uniformity of
systems and procedures across all the offices in the country. The project, which
is slated to be completed within one year, involves e-learning. "We
implement e-learning program by creating a high level e-learning design strategy
and then evaluating development tools and processes to implement that, till now
the project has already given us business of Rs 50 lakh and we are in the
process of developing a portal for them. The portal will act as a platform for
the organization to impart education for its employees" said, Indian
operations for Learning Byte CEO, Sunil Kandlikar.
The company is vying to solve the logistic issues related to training and
initially it is eyeing the techno-savvy organizations for its e-learning
offerings. "We are planning to expand our operations in India as well as in
the South-East Asian region, to cater to the growing needs of the corporate
education," he added. The company is opening its marketing office in Mumbai
in June, 2001 and would be looking towards setting up a similar marketing office
in Singapore within six months time.
According to Sunil the current slowdown in US is going to help the e-learning
business as more and more organizations will go for e-learning as it is easier
to be implemented and cost effective too when compared to the conventional
methods. At present around 90 per cent of the company's projects come from the
US and is projecting to garner revenues of $ 30 million out of this 10 per cent
will come from the Indian market.