| Wipro Technologies, to tap the $200 billion global infrastructure outsourcing market, is investing heavily in the business besides setting up a centralised global command centre in Bangalore. |
| "The company is making investments to tap this segment and the centralised command centre which will be opened in a few weeks, is part of that investment plan," said G K Prasanna, vice-president, infrastructure services business. |
| As part of the company's strategy to capture the burgeoning market, Wipro Technologies is also hiring people and developing new service lines, added Prassana. |
| The company has 8,000 employees on its rolls, who are working on infrastructure outsourcing. Of which, 2500 work on international clients. |
| The outsourcing market for infrastructure management is dominated by large players such as EDS, IBM and Accenture and Indian vendors account for a small fraction of it. |
| "Although the company has witnessed a CAGR of 85 per cent over the last five years and has revenues worth $95 million from this segment, we have a minuscule portion of the market," added Prasanna. Nasscom, however, is hopeful that Indian companies would be able to get a bigger share of the market. |
| "Sixty per cent of the market for infrastructure outsourcing can be sent offshore, opening avenues for the Indian industry," said Kiran Karnik, president, Nasscom. |
| According to the analyst firm Forrester, the market for infrastructure outsourcing in US alone stands at $110 billion. |
| "The Indian market is likely to grow by about 100 per cent and the growth should be consistent as the Indian vendors currently account for a mere $ 450 million of the total market size," said Sudin Apte, country manager (India), Forrester.
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| TAPPING POTENTIAL |
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Wipro to invest more in core outsourcing
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First Published: Sep 07 2005 | 12:00 AM IST
