Vignette to set up development center in Gurgaon

NEW DELHI: US-based Vignette Corp is setting up a development center in

Gurgaon at an investment of $2 million. Over the next five years, the investment

is expected to increase to $15 million. The center, which will focus on

developing Internet-related technologies is the only Vignette development center

outside the US. The 34,000 sq. ft. facility will employ about 100 professionals

by the end of this year.

"Our major investment will be on manpower. With countries like the US,

Germany, the UK and Japan all eyeing the same pool of manpower, we shall have a

tough job finding the right people and retaining them," says Vignette,

South Asia managing director Raj Acharya. However, according to senior vice

president for engineering Calvin Killen, "The attrition rate of the company

in the US is one per cent since we not only hire the best people in the

industry, we also provide the best environment for people to work for."

While Vignette India shall concentrate on building the Indian market and on

marketing efforts, the development center will be under the aegis of its global

operations.

Recently, Vignette had announced the setting up of its wholly owned

subsidiary in India. Vignette’s products enable Internet businesses to create

and extend relationships with prospects and customers and ease transaction

exchanges with suppliers and partners. It has products for content management, a

Web-based application and an e-business platform, V/5 that enables rapid

reconfiguration and integration across multiple touch-points. The V5 platform

equips businesses with a unified view across multiple customers, partners,

suppliers, products and interactions providing companies with vital clues about

the usage patterns on the Net and enabling better customer relationship. The

company registered a global turnover of $120 million during 1999 and expects to

touch $270 million this year.