Saksoft strengthen its operations globally

CHENNAI, INDIA: Saksoft, a provider in software services, today declared its annual results 2008 - 2009. The company also shared its plans to increase focus on markets across geographies such as US, UK, Europe, India and A-PAC.

Saksoft has acquired 7 new clients in last two quarters and expects to double its revenue and headcount in next three years, said a press release.

Saksoft specializes in providing technology solutions in Information Management (IM), Web Development and Business Application Testing and has development centers in Noida, Chennai and Manchester (UK). In Chennai, Saksoft has moved into a new office at SP Infocity, a 20,000 sq ft facility located at Perungudi.

With the introduction of services like data warehouse testing, Saksoft has extended its portfolio in the Information Management space; while in the web development domain it is focusing on new areas like cloud computing, open source migration and portal development.

Aditya Krishna, founder and managing director, Saksoft Group said, “Saksoft has seen substantial growth year-on-year and even in times of global slowdown. Having established our niche in the BFSI sector, we are now extending our unique services to the growing telecom segment."

He added that their strategy to diversify into new verticals coupled with increased focus across geographies will fuel Saksoft’s growth in the future. During the last quarter, they increased their headcount by 10 per cent and we now plan to double it in next three years.

In an attempt to bridge the gap between employable talent and the large chunk of engineering graduates, Saksoft has started an academy to train graduates in niche technologies that empower and make them industry ready.

N K Subramaniyam, executive director, Operations and Technology, Saksoft Limited said, “Saksoft has bagged seven new clients recently. Currently about 80 per cent of their revenue comes from the US and Europe, while the rest of the 20 per cent is shared between India and the Asia pacific markets. We are keenly looking at expanding and strengthening our business through partnerships and alliances in various geographies, thereby increasing our revenue by two folds in next three years.”