Systime eyes $100 mn turnover

Systime Computer Corporation, a 100 per cent subsidiary of the 30-year-old CMS group, is aiming to touch a turnover of $100 million (around Rs 450 crore) over the next three years.

The company plans to add 1,000 people over the same period and is ramping up its Pune and Chennai operations by setting up offshore delivery centres.

"We have the resources and the business model in place. While the current line of business is growing at 40 per cent y-o-y, the infrastructure management area, which the company plans to venture into, is expected to grow at 10 per cent y-o-y," says Vishal Grover, president & CEO, Systime.

Systime is banking on the good base its parent company has been enjoying. CMS is a global business solutions provider that employs over 8,000 professionals the world over.

"Around 80 per cent of our CMS revenues come from India. A large part of our incomes come from the Indian mid-market. We have got companies like Chowghule Mining, Greaves Cotton, Bajaj Electricals and JD Chemicals. We have over 70 clients and most of them have implemented Oracle," said Grover.

But Systime is also carving a niche for itself. The company claims that Oracle-JD Edwards is its largest partner. "We have 450 out of our current 800 employees dedicated to this task."

This month, Systime was named Oracle JD Edwards Partner of the Year at Oracle OpenWorld in the US. Interestingly, Systime partners both with SAP and Oracle for larger projects.

"It's a business necessity," explains Grover, adding "These are the top two players in ERP and other enterprise applications, and they are going to continue to be there for a long time. Most of our manufacturing customers are on Oracle, whereas SAP has a better presence in our BFSI and government customers."