Business / Industry Sectors
Israel's Ness Tech planning to increase its India staff
02/12/2014
The software firm will add 1000 more employees to it's India as it plans to expand its software product engineering services business.

Mr. Satyajit Bandyopadhyay, 

Managing Director, Ness Technologies.

Israel-based software firm Ness Technologies is planning to increase its Indian staff strength by 1,000 in the next one year, adding to the 2,000 currently in the country, as it looks to tap the growing demand for software product engineering services. 

"We see product and platform engineering as a significant growth opportunity. We are growing very significantly in India. India is a significant part of our delivery strategy," said Mr. Paul Lombardo, CEO of Ness Software Engineering Services, a division of Ness Technologies. 

The company will hire 1,000 employees in India in the next year, said Mr. Satyajit Bandyopadhyay, president and managing director at Ness Technologies India. Ness Technologies, which is owned by US asset management firm Rohatyn Group, hived off its IT services business earlier this year. 

Given the need for high technology specialisation, a majority of Ness' hires are lateral hires, according to Lombardo. But the company also has a relatively easier time at campuses when it comes to hiring freshers. 

"We aren't offering them commoditised work but the ability to innovate. We have one guy working in Chennai who has his name on six patents," Mr. Lombardo said. 

India's ER&D services market is booming as more companies invest in software and platform research. 

The Indian opportunity is expected to reach $38 billion by 2020, according to research firm Zinnov, growing at about 12% a year.

 

Source: Economic Times

 

 

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