Tech biggies target Govt. business verticals
By siliconindia   |   Thursday, 04 November 2010, 18:11 IST
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New Delhi: IT companies like HCL Technologies and HP are aiming to grab the opportunities in the government business verticals like upcoming managed print services (MPS), reports S Ronendra Singh from the Financial Chronicle. According to the research firm Gartner the MPS market size is expected to exceed $10 billion worldwide by 2013 from the present $7 billion. Unique Identification Authority of India (UIDAI) is among various government departments that have issued an order for managed print services (MPS) under its companies for managed service provider to implement and manage the central information data repository. UIDAI has already short-listed nine companies including HCL Technologies and HP as managed service providers to implement and manage the central information data repository. HCL Technologies said the company is participating in all the major projects for end-to-end services including UIDAI, which are based on MPS, which it expects to be one of the fastest growing verticals. "HCL is participating in all the large domestic bids, which are happening ar¬ound the country. Lot of evaluations are happening and the company would soon share the details," the report cited Maninder Singh Narang, Vice President and Worldwide Head (end user computing and application operations services), HCL, as saying. "Managed print service is a utility model reducing the cost of ownership by helping save a company 20-30 per cent of the total cost on printing for documents such salary slips and other applications," he added. "MPS is currently witnessing fast growth in developing markets, such as China and India, where the market is driven by the demand from multinationals that have global contracts. However, local domestic demand is starting to rise now," said Nitin Hiranandani, Director — Managed Enterprise Solutions, imaging and printing group, HP India.

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