Sufia Tippu
Thursday, 15 June 2006 08:40
IT Industry -
Market

In a move to focus more on innovation in product development and step into the next phase of IT services, Symphony Services, is to set up another development centre in Bangalore.
This is the second development center in Bangalore from the Palo
Alto-based IT services firm which specializes in providing outsourced
product development for global software companies and analytics
services. There are also two more centers in the Pune and Mumbai in the
western state of Maharashtra.
The company which develops new product releases for companies like
Autodesk, BMC Software, Hyperion, IRI and Siebel/Oracle, Yahoo, as well
as with emerging technology companies like Mimosa and Kazeon, is on a
fast growth trajectory.
In a timeframe of three years, it has hired about 3000 engineers and
this new facility has a 2000-seat capacity which according to company
officials is “going to be filled faster than you we expect.”
Gordon Brooks, CEO and president, Symphony Services, said during a
Bangalore press conference that the company is in the process of
spearheading an “innovation partnership revolution” in India and would
soon be a name to reckon with for building innovative software products
for its clients.
“In 2005 alone we completed the end–to-end management for 25 products
most of which were white board to market releases. Today we have over
240 products (across various domains such as ERP, CRM, business process
management (BPM) business intelligence (BI) and storage) under
management for over 70 large customers and emerging companies in our
development centers here in India,” Brooks said.
Dr Ajay Kela, COO and Managing Director, Symphony Services who has been
playing a key role in expanding the product mix and creating a
“Symphony” brand for outsourced product development said, “We have
convinced our clients that we can build their products here. Now, we
have moved onto the next phase of making innovations happen out of
India.”
Forty out of the new products that have come out from the Indian
development centers are brand new products, right from white board to
market release. Fifty per cent of them have attained awards from
different innovation forums.
“We had developed a data protection product for a US technology
company, Mimosa. This has been integrated with the Microsoft Exchange
Server to provide a high level of data protection and recovery,” Kela
added.
A similar kind of a product in continuous data protection space for
another technology firm, Kazeon had resulted in including this product
among the “cool vendors” by Gartner.