Buoyed by the success shown by Indian techies in evolving end-to-end products in quick time, data networking firm Juniper Networks is set to scale up its Bangalore operations significantly by shifting work from various geographies. |
In two years, the Bangalore centre, which currently accounts for 28 per cent of Juniper's worldwide R&D activity, will handle more than 40 per cent of the firm's research and development work. |
Apart from Bangalore, Juniper has R&D centres in US, China, Canada and Israel. |
"Though our US R&D centre is the largest at present, it is clearly the Bangalore Centre, which is showing growth. The Bangalore R&D centre will continue to participate in developing and owning specific products. The percentage growth of R&D work in Bangalore will be higher than any other centre," said Kim Perdikou, executive vice-president, Infrastructure Products, Juniper Networks. |
"There is a phenomenal talent pool here, some of the smartest engineers, who bring in the innovation factor. That Bangalore is participating in development of all our products is a testimony to the skills of our Indian team," she added. |
Of Juniper's 600 staff strength in India, engineers account for 540. Last year, the firm doubled its headcount in Bangalore. "We are aiming for a critical mass to drive the product development process. Bangalore will account for 50 per cent of our worldwide hiring next year," she said indicating major expansion ahead in India. |
According to her, the Bangalore R&D centre played a critical role in the development of networking platforms, routers and security products: "Bangalore has already developed five fully-owned products. We will move some of the largest and strategic products to Bangalore shortly." |
The firm's net revenues for the third quarter of 2006 were $573.6 million, compared with $546.4 million for the same quarter last year, an increase of 5 percent. |
The net revenues for the nine months ended September 30, 2006, stood at $1,707.8 million, compared with $1,488.5 million for the same period last year, an increase of almost 15 percent. At present, the Asia-Pacific region, including Japan, generates 23 per cent of the firm's revenue. |
With the telecommunication sector opening up rapidly, Juniper plans to tap the Indian market. |
"Though revenues from India are very small compared with rest of the markets, it is the fastest growing. It has the potential to grow for the next 10-15 years depending on the expansion of broadband network," Perdikou stated. |