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Follow UsAgreeYa Solutions, the Indian founded California-based Business and
Technology Solutions company announced plans to expand operations and market
penetration in India with target of reaching $100 million by 2007-2008.
The Folsom, California headquartered AgreeYa Solutions in the past five
years, has shown impressive 400 percent growth.
Ajay Kaul, Founder and Managing Partner, AgreeYa said, “We are looking to
invest $15M over next two-three years to support our future growth plans and the
growing market needs. AgreeYa's decision to expand its operations is based on
its aggressive future growth plans and comes from their customer's significant
needs of value added services around their solutions to improve time to market,
quality, service levels, and total cost of ownership”.
The company already has its Global Delivery Centre (GDC) at Noida, a
250-person facility, which serves as the back-end solutions development
organization for its overseas customers. It also provides solutions to top-end
MNC's and Indian corporate houses with core focus on verticals like Banking
and Finance, Public Utilities, HealthCare, and Telecom.
Among the outlined plans is the opening of a second delivery
center-cum-marketing office at Bangalore.
| HOW DOES THE VANGUARD UPS BECOME FREE IN ONE YEAR? |
| Input power factor of VGD UPS systems = 0.98 So, Current drawn from mains in 1 KVA VGD1000 1000/230x0.98 = 4.44 amp Traditional local UPS having 0.7 PF the current drawn = 1000/230x0.7 = 6.21 amp So, more current drawn by local UPS = 6.21-4.44 = 1.77 amp So, excess consumption in a year = 1.77x230x8760/1000 KWH = 3,566 unit So, saving = 3,566x4 (taking Rs 4 per unit) = Rs 14,264.00 That means you recover the cost of UPS within one year. This saving is double for VGD2000 and so on. |
“As we expand our India sales operations we expect significant portion of
the business coming from this region. Bangalore is hub for talent in emerging
technologies. This will facilitate AgreeYa in effectively servicing the
customers in this region and global delivery,” said Arun Sinha, MD, AgreeYa
India.
The other growth strategies come from scouting for acquisition of a medium
size ERP (SAP) solutions.
Kaul, added, “With expertise around SAP (migration and support) in AgreeYa
US and need of similar solutions in the Middle-East markets, we need to build
our capability in India. We are specifically looking at certain niche offerings
around SAP applications and SMB marketplace needs”.
To support its growth plan and mitigate dependence on the US market, AgreeYa has
setup marketing offices in Middle-East and is looking to expand into UK. While
its focus so far in India has been as a delivery hub, AgreeYa now seeks to
expand its reach into the corporate market in the country with its products and
solutions.
DQC News Bureau