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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

July - 2008 - issue > Company Spotlight

SPI: Specifically focused

Aritra Bhattacharya
Wednesday, July 2, 2008
Aritra Bhattacharya
The customs officials in Mysore were at their wits’ end and so were officials in Software Paradigms India (SPI). “What is it that you’re exporting?” the customs department would ask, demanding that the product being exported be shown to them.

“We had a tough time explaining, since we couldn’t possibly show the IT services that we were exporting,” recalls Sid Mookerji.

Mookerji is the CEO of SPI, which has come a long way since its humble beginnings in 1997 as Mysore’s first IT Services 100 percent Export Oriented Unit. Today, it is the largest Mysore-based IT services company with domain expertise spanning healthcare, financial services and retail.

Vertical focus
The IT landscape currently is fragmented, with the largest player, IBM Global Services, accounting for less than 7 percent of the market. Statistics say that among companies with 500 or more employees, only 11 percent are outsourcing today. Further, work worth only $50 billion is done in India today as against a potential $3 trillion. There lies an immense scope for IT services companies to make a mark, since more and more firms are expected to outsource their IT services in the near future. It is here that SPI, a mid-tier IT services company, fits in.

SPI, with a headcount of over 1000 employees cannot compete with Tier 1 competitors like Infosys and Wipro on the basis of scale. It is for this reason that a deep knowledge of specific verticals is essential to its being.

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