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News >> Technology >>
Kanbay to invest $50M in India operations
By agencies
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Friday, 10 March 2006, 20:30 IST
HYDERABAD: Kanbay Inc, technology solutions provider, has sewn up plans to invest about $50 million in its India operations this year. The money would be used to set up a campus at Hyderabad with seating for 3,500 techies, a training center in Pune and an ERP (enterprise resource planning) center of excellence (CoE) also in Hyderabad.
Announcing the companys plan, its Executive Vice-President, Global Client Services, Kenneth M Coppins said, The decision to establish a separate center for ERP services followed the company's recent acquisition of Adjoined Consulting Inc for $165 million.
Adjoined is mainly involved with implementation, hosting and support services of major ERP systems including SAP, Oracle, PeopleSoft and Siebel. The ERP CoE will focus on application development and customization, software upgrades, configuration, legacy migration, and maintenance and support services for all major ERP systems.
At present, a significant part of this work is handled onsite; the company expects to move a major share of the work to the center. It expects to add about 200 people initially to support operations. Kanbays Hyderabad campus would be operational by April 2006.