Product category:
Quality control and management software
News Release from: Bahwan CyberTek
Edited by the Manufacturingtalk Editorial
Team on 17 October 2006
Bahwan CyberTek bets on India
India to shoulder the complete offshore component of its' recent wins
Bahwan Cybertek (BCT), a global provider of diverse technology solutions and services announced that it is betting on India to fuel its' attempt to grow exponentially over the next few years The company which recently won multi-million dollar long- term contracts including a US$ 500 million (spread over multiple years) project from Petroleum Development of Oman shared that the entire offshore component of its projects will now be driven by the Indian facility
This article was originally published on Manufacturingtalk on 5 Oct 2004 at 8.00am (UK)
Related stories
New collaborative education webstore
Together with with Eduserv Athens, Adept Scientific is providing personalised product offers via a single sign-on facility to their education WWebStore for any visitor with an Eduserv Athens account.
Invensys sells Baan
Invensys plc has agreed to sell Baan to an investment group consisting of Cerberus Capital Management and General Atlantic Partners
The new projects and the decision to centralise offshore delivery out of India has led to the company opening a new 1.8 lakh sft Global centre of Excellence at the entrance of the IT corridor in Chennai making it one of the easily accessible IT parks in Chennai.
Built to global standards, the new centre will be built by SAAG R R, a leading contracting company and can house over 1400 professionals.
The new centre will be ready for occupation by early 2008.
Further reading
Data formats extended
Maxim I/T and Cimmetry Systems, have completed their integrating of Cimmetry's Web-based viewing technology into FindView 2.0.
Management software suits small manufacturer
Management software suits small manufacturer
More orders for PlantWeb automation architecture
With sales of the Fisher-Rosemount PlantWeb field-based architecture for process automation increasing worldwide, Fisher-Rosemount in the UK has announced repeat orders from major customers
Including the investment in the new centre, the company shared that its cumulative investments in India till now will exceed Rs.150 crores.
The investment will be met through internal accruals and institutional financing, which has since been completed.
Addressing media persons, Shyam Sundar, Sr Vice-president, BCT Group, said, "The renewed focus and investments in India are due to two factors".
"The rapid growth of BCT over the past two years which has necessitated the expansion and the success we have had with our existing centre in India which is already undertaking work that drives 70% of our global revenues".
"With the new centre and increased responsibilities, it is only logical to expect this contribution to grow further in the years ahead".
"The choice of Chennai for the new facility is not surprising considering the city is undoubtedly among the best places for technology companies in India and is emerging as a close second to Bangalore interms of being a technology industry hub".
"The expansion drive significantly enlarges our offshore footprint in India and will allow us to serve more large customers with dedicated development centres which will now be part of the new centre," he further added.
The US$500 million contract signed with Petroleum Development of Oman is through a joint venture of BCT with DHL Worldwide and is spread unevenly over five years.
Another long-term contract being executed by BCT is the setting up of a chain of 300 e-government service centres in Oman.
"These projects coupled with the increasing centrality of India to our global growth strategy has led to the new centre and increased investments," added Shyam Sundar.
Established in 1999, Bahwan CyberTek (BCT) has grown to being a global provider of diverse technology solutions and services.
The privately held company was recently adjudged by Red Herring as Asia 's Top 100 privately managed companies.
A SEI CMM 5 level company, BCT has marquee clientele like Webster Bank, JP Morgan Chase, Emirates Bank, Charles Schwab, Britannia Industries, Hughes Telecom, Bank Muscat, Petroleum Development of Oman, Capital One, Shell, and GE Capital to name a few.
The company's diversified offering spans Product Development, System Integration, Business Transformation Outsourcing, Outsourced Application Development, Migration and customisation, ITES, Training, Professional Services and end-to-end Networking Solutions among others.
Headquartered in Chennai, BCT has regional presence in Mumbai and Bangalore in India apart from USA, Oman, UAE and Bahrain.
The 500 people company expects to grow this year at 35% over last year's revenues of Rs 167.
• Bahwan CyberTek: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
