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MphasiS to introduce e-business solutions for India

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CIOL Bureau
New Update

BANGALORE: MphasiS plans to introduce e-business solutions for the Indian

industry and achieve a revenue target of $6 million. MphasiS chairman and

co-founder Jerry Rao said the company would be successful in achieving this

revenue target in its first year of operations.

The company has decided to enter the Indian industry following the success in

providing e-business solutions in the US and Europe, Mr Rao said. India was

primarily its largest development base for design, development and support to

provide Web-enabled solutions for global companies, including start-up Internet

companies. The focus now is to work closely with companies and financial

institutions to develop e-business solutions that could become critical business

tools and to deliver enterprise-wide customer relationship management.

The company has provided solutions for global companies, but in India has

offered this only to ICICI, where it acted not only as an architectural

consultants but also developed Web-enabled call centres. Mr Rao said that

revenue for the next year would include a revenue turnover of 10 per cent from

the Indian industry. He added that 70 per cent of the revenue came from the US,

20 per cent from Europe and the rest from other operations of the company.

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