Alten Calsoft Labs Aims at Three-fold Growth in India

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• Publié par: calsoft-labs-india-pvt-ltd
• Nombre de lectures: 22
• Langue: English

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Alten Calsoft Labs Aims at Three-fold Growth

in India

PR Newswire

BANGALORE, India, July 12, 2012

BANGALORE, India

,

July 12, 2012

/PRNewswire/ --

VLSI, Wireless, Cloud Computing and Analytics to drive growth

Alten Group, the €1.07 billion European leader in technology consulting and

engineering (TCE), today announced its plans to achieve three-fold growth

taking its

India

headcount to 2500 engineers by 2016 from the existing 800

engineers. Calsoft Labs, the outsourced product engineering arm of the Alten

Group in

India

and

North America

, will lead this growth by strengthening its

services offerings in VLSI design, wireless communications, cloud computing

and analytics.

Key Highlights

Alten aims to increase headcount from 800 to 2500 engineers in

India

by 2016

ER&D exports cross

USD 10 billion

, a growth of about 14 % -

NASSCOM Report

FY2012

.

Calsoft Labs rated in "Execution Zone" in outsourced software product development -

GSPR 2012 Report by Zinnov Management Consulting

Calsoft Labs will position its Indian design centers as a major hub to help its

global customers achieve greater R&D efficiency by leveraging engineering

talent available in

India

. As a company focused on ER&D, Calsoft Labs brings

with it high-end engineering expertise in Automotive, Networking, Media,

Education, Healthcare and Life sciences markets. Over the past two years,

Calsoft Labs has expanded its expertise to include SOC verification, 3G/4G

wireless product development and cloud computing. Moving forward Calsoft

Labs aims to make strategic acquisitions in

India

in areas of VLSI design,

wireless communications and big data analytics, to strengthen its expertise in

these domains.

The recent NASSCOM Report on Engineering and R&D Services (ER&D)

revealed that the engineering design and product development segments in

India

generated export revenues of

USD 10 billion

in FY2012; and is growing by

about 14 per cent, driven by increasing use of electronics, fuel efficiency

norms, convergence of technologies, and localization.

Calsoft Labs is developing product engineering capabilities that will enable them

to participate in ER&D across all stages of the product lifecycle, thereby

delivering higher value to customers. The latest Global R&D Service Providers

Rating (GSPR) 2012 Report by Zinnov Management Consulting has rated Calsoft

Labs in "Execution Zone" in outsourced software product development, which

reaffirms its ability to undertake complete product development for ISVs.

Commenting on the update,

Gerald Attia, Deputy CEO, Alten Group

said, "

Alten Group has witnessed huge success in outsourced ER&D in

European markets. With large global businesses targeting emerging markets,

India

has become the epicenter for Alten Group's growth, and we are making

significant investments in training our employees in specialized areas to be able

to leverage the large engineering talent pool that is available in

India

."

Ramandeep Singh, CEO, Calsoft Labs said,

"Calsoft Labs has been a

valued product engineering partner for major OEMs and ISVs for the past two

decades. With Alten Group making significant investments in

India

, Calsoft Labs

can look forward to an exciting phase of accelerated learning and growth in

new technologies such as wireless infrastructure, cloud computing and BI."

About Calsoft Labs

Calsoft Labs is the product design arm of the €1.07 billion ALTEN Group. Calsoft

Labs offers technology consulting and product engineering services globally to

equipment manufacturers (OEMs/ODMs), semiconductor vendors, and

independent software vendors (ISVs). Calsoft Labs operates state-of-the-art

product design and development centers at

Bangalore

,

Chennai

and Mysore in

India

, and

Maynard, MA

in USA; with sales & support offices worldwide including

North America

,

Europe

and

Asia

. For more information visit

http://www.calsoftlabs.com.

For further information, please contact:

Mrinmoy Purkayastha, Calsoft Labs, +91-80-

40343102,

[e-mail]