European co opens center in Pune

By agencies   |   Monday, 06 June 2005, 19:30 IST
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PUNE: TietoEnator Ltd, a Northern Europe based software firm a turnover of Β€1.5 has established an offshore production site in Pune. The offshore center would exclusively cater to healthcare solutions development, Dr. Marc Cremer, Managing Director, TietoEnator said. The other areas where the company would be present include banking and insurance, telecom and media, production and logistics, processing and networking. Cremer said TE has begun its operations with about 100 software developers and is expecting to ramp up to 300 within a year for the healthcare sector. Β“It is possible that more TE sector would start their Indian outsourcing operations in Pune,Β” he said adding to strengthen its presence in the healthcare segment TietoEnator had acquired ITBAG, a German healthcare information system specialist in January. Detailing the software products, he said it allowed doctors attending on patients to have clear record of the diagnosis made earlier and the medication given to patients. One third of the revenue comes from software, one third from consulting and the remaining from the long term maintenance of the software, Cremer said.