Vinciti to add 1000 people

CIOL Bureau
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Ranjeet Rayen

BANGALORE: e4e company, Vinciti Networks, is planning to add roughly 1000 employees to its present workforce of 260 in Bangalore by the end of 2006. It plans to be 500 strong by December 2004. The US headcount is also poised to increase by 20 this year to its current 100 people, spread across Santa Clara and Phoneix, where they have 20 and 80 people, respectively.

"We foresee a growth of 200 percent for our company during the next two years. Our revenues are expected to touch $50 million in 2006 from $4 million now. This year, we should be generating $12 million. With this kind of growth projections, our workforce should be anywhere between 1000 to 1,200 by 2006. We have completed building a new facility in Bangalore, which can accommodate 200 seats. So infrastructure wise we are ready to add more people this year,’ said Ram Mohan, COO of Vinciti Networks’ Indian operations.

Established in 2000, Santa Clara headquartered Vinciti was founded primarily as pure play technical support and remote IT infrastructure management solutions for specialized hardware and software products. It is one of the few companies in the technical support space to provide all three levels of support. Most of the companies are restricted to level 1 and level 2 support and direct the level 3 support to the vendor itself due to want of skills and vendor’s assurance to handle high level technical support.

Vinciti has managed to win 31customers in all to provide technical support on their products. "Support is of two types, proactive and reactive. We are dominant in the proactive support, where we have 22 customers-including names like Microsoft and Cadence," added Mohan.

Some of its customers in India include Cadence, Origin, Mistral and Cisco. Vinciti is also looking at appointing partners in Europe and Japan, before establishing full-fledged presence in those markets.

Funded and fully owned by KB Chandrasekar, Somashankar Das and Sridhar Mitta founded e4e; Vinciti is also actively considering acquisition to fuel its growth. It is on the lookout for a technical support company thereby acquiring customers and a strong business development and sales team.

"We should be closing an acquisition, sometime this year. The geographic location of the company does not matter. This should add to our growth projections," said Mohan.

Multimedia support is also being mulled by Vinciti to be offered as part of the service to its customers.

CIOL Bureau