QAI plans to set up e-school

Tuesday, 29 July 2003, 07:00 Hrs
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HYDERABAD: Quality Assurance Institute (QAI) India Ltd, a software process consulting organisation, plans to launch an e-school to provide anywhere, anytime learning globally.

“The e-school, which will package 300 man-years of our consulting experience, will have courses, exercises and best practices that will be available 24x7 to customers,” Navyug Mohnot, managing director of QAI India told an Indian newspaper.

QAI India, set up in 1994 and whose clients include Satyam,Wipro, Accenture, Sony and Dell among others, also plans to increase its work force by 50 per cent from the present 80 professionals by next year. “In line with our geographical expansion, we plan to hire consultants as well as business development staff (locals and Indians) in the Asia Pacific region. Our focus would, however, be on overseas recruiting,” said Mohnot.

The company, a joint venture between QAI USA and Chescor Funds and Prudential ICICI, (both have 11 per cent equity holding), is eyeing acquisitions to augment its growth of 35 per cent year on year.
According to Mohnot, the company has identified Korea, USA and Taiwan for the purpose. The company is looking at consulting companies with complementary competencies and companies that are $5 million or lower in size in these countries, he said.

However, India does not fall under QAI’s acquisition plans. “There are no suitable organisations in India for acquisition. One normally acquires to get customers, or people, or a quick entry into a new and alien market. None of these criteria or objectives are addressed if we takeover here,” said Mohnot.

But Mohnot thinks QAI, which helps organisations with enterprise-wide deployment of process initiatives that contribute to operational excellence in the software and BPO verticals, would expand in India by taking the company’s competencies and India’s best practices Indian firms and their process excellence practices) across the globe.

As part of the strategy, QAI India has set up offices in Australia, China and Singapore. It has also effected partnerships with the governments and software technology parks in these countries. The turnover from these ventures will account for about 30 per cent of the company’s total revenues, said Mohnot.

Source: IANS
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