Intuit to set up development center in India
By agencies   |   Monday, 14 November 2005, 20:30 IST
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HYDERABAD: Intuit Inc, a technology company, plans to set up its India development center and is in the process of launching an engineering facility in Bangalore. The company’s Director of Product Development, Ranga Shetty, said, “Intuit is committed to set up the India product development center and the engineering facility will house 90 engineers. At present we are aiming to take the numbers to about 300 people in the next four-five years. As Intuit grows, we expect to revise this forecast upward." In order to grow the company is also planning to tie up with IT-related companies, including consultants, vendors and third-party developers. Shetty said, "With PC-based application playing a vital role in daily transactions, there is a focus on easy-to-use software with simple user interfaces. Recognizing this need, Intuit, has extended their development activities to the Indian engineering center." The center will enable the company to tap the large talent pool in India. This would help to develop its flagship product ‘QuickBooks’ and payroll solutions for small business. "Customer-driven innovation is a systematic way to solve customer problems. We recognized that most small firms had difficulties in debit and credit accounting and in order to address this need Intuit has developed QuickBooks,” he said. Thus, Intuit transformed the way small businesses were run in the US with products such as Quicken, QuickBooks and TurboTax," he added.

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