Silver Software expands India operations to spur growth

Friday, 17 August 2007, 07:00 Hrs
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Bangalore: Silver Software, a leading UK-based provider of software and safety engineering services in aerospace, railway signalling and telecom verticals, is expanding its India operations to meet its growth plans in the Asia-Pacific region.

The expansion plans include setting up a full-fledged software development centre in Bangalore and hiring 500 more engineers to take the headcount to about 900 over the next three years. Two-thirds of its engineers work here, while the rest are at its London and Madrid development centres.

"The expansion will enable us to deliver high-end safety critical software to our global customers located in the US, Europe and APAC. We are also looking for partners to foray into new verticals such as medical devices and automotive products," the company said in a statement here Friday.

Providing a range of engineering services for high integrity systems in its domains, the company is gearing up to meet the growing demand for safety-critical solutions in the sub-continent and overseas markets.

"Given our geographic location, infrastructure, skilled support teams, the Indian development centre will be strategic to our growth plans worldwide," Silver Software chief executive officer Parminder Singh said.

With the Indian aerospace market growing rapidly, the company is hard-selling its service offerings to prospective customers for a share of the increasing pie. Similarly, it is targeting railway signalling and telecom sectors to provide safety-critical solutions.

The 12-year-old company provides engineering services to global aerospace firms such as Boeing, Airbus and Lockheed Martin. In the transport sector, it provides services to London Underground and Metro Madrid in Spain. It is currently developing multiple components for the European rail transport management system.

"Our game plan is to deliver projects spanning the entire software lifecycle for strategic growth in the markets where we operate and expand our presence in other geographies," managing director Senthil Kumaran said.
Source: IANS
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