BANGALORE, INDIA: Citrix, the leader in application delivery infrastructure market, sees a huge demand from infrastructure market in Asia- Pacific region has planned to make India the its biggest development centre.
An exponential growth is being witnessed in the telecom and banking sectors in India and the region. The companies are more focused on consolidation and data security which will drive the infrastructure market, David J Henshall, senior vice president and chief financial officer, Citrix Systems said here.
Citrix, which opened its second development center in Bangalore on Wednesday, earns a 50 percent of its revenue from US market has projected its market share from Asia Pacific region to grow by 20 percent over the next five year period.
Citrix's present revenue share from Asia - Pacific region account to only 10 percent. The company has over 2,15,000 corporate customers across domains and over 75 percent of internet users are presently using the Citrix technology.
With the opening of the second development centre in Bangalore, Citrix will increase its headcout to 700 by adding 500 more job positions in engineering. The new development centre in Bangalore has about 110000 square feet and is located in the heart of city. Presently, our development centre at Florida is the biggest facility but soon India can emerge as our biggest development hub, David Henshall said.
According to Souma Das, country manager, Citrix, India, the company presently has about 2000 customer in India of which 500 were added in 2007. The growth in delivery infrastructure market has shot up as companies are upgrading and also expanding which necessitates making infrastructure more stable.
Citrix has about 33,000 customers companies in Pacific and the customer rate is growing at 10 percent a year. The pacific revenue for financial year 2007 accounted to $ 116.8 million. The quarter one results for 2008 has witnessed a 28 percent growth compared to that of same period in 2007, Souma Das said.