IBM's backoffice unit in India has boosted its staff strength more than three-fold to 20,000 in less than two years to meet rapidly growing demand for outsourcing, a top official at the unit said on Monday.
"We've seen a 100 percent growth in revenue over the two years," Pavan Vaish, chief operating officer at IBM Daksh Business Process Services Ltd, told Reuters in an interview.
He did not give absolute numbers.
IBM, the world's biggest computer-services firm, bought Daksh in 2004 as part of its strategy to use India's low-cost but technologically superior software industry as a global delivery hub for software needs and client services.
Armonk, New York-based International Business Machines Corp, which gets about half its revenue from information technology consulting and outsourcing, is the largest multinational firm in India with 43,000 employees. Nearly half work at Daksh.
Comments
Comments are closed.