NEW DELHI, INDIA: Infotech Enterprises Ltd (IEL), a technology solutions provider with global headquarters at Hyderabad, today announced the launch of its Japan operations.
It is leading its Japanese foray with engineering services, while it is conducting market research to study the market and offer other services too.
According to a NASSCOM – Booz Allen Hamilton study, Japan is the second largest in terms of engineering design spend globally. Japan has 21 per cent share of the global spend of around US$ 750 billion in 2004, said a press release and is is the second largest economy in the world.
With over US$ 100 million in revenues from engineering design services, Infotech is the leading focused global provider in its markets, the release said.
According to B.V.R. Mohan Reddy, chairman and managing director, Infotech Enterprises Limited, “Over the last six months Infotech has done extensive market research and engaged with opinion leaders in the engineering design community in Japan.”
He said that the enthusiasm of the industry leaders at the possible entry of Infotech in Japan was very encouraging. “We have decided to make a committed entry into Japan and have hired key local talent,” he added.
Kazuya Fujinaga, formerly with IBM Japan and Masamichi Migita, formerly with Dassault Systems Japan has joined Infotech in senior sales and program management positions to spearhead the Japan operations, which will be anchored in Tokyo.