| PATNI inaugurates its Suzhou, China facility |
| Suzhou, China; October 11, 2010: Patni Computer Systems Limited (Patni) (BSE: 532517, NSE: PATNI, NYSE: PTI), a leading global IT and BPO services provider, today announced the opening of a new ITO delivery (development and support) center in Suzhou, China. Situated in the Suzhou Software & Technology Park (SSTP), the state-of-the art facility with a planned capacity of 500 seats is Patni¡¯s first centre in China.
Patni¡¯s new Suzhou delivery centre is set to serve the Yangtze region ¡ª the largest and one of the most highly developed manufacturing bases for international companies. The centre will focus on delivering development and support services to cater to Japanese, U.S, European and local multi-national corporations.
Commenting on the development, Mr. Jeya Kumar, CEO, Patni said, ¡°The launch of our new Suzhou centre is in line with our corporate strategy to focus on regional markets and adopt a truly global delivery model, to yield higher talent efficiencies. The Chinese outsourcing market possesses immense potential, both from a delivery and customer standpoint, and we are geared up to capitalize on this opportunity.¡±
KPMG reports indicate that China's onshore and offshore outsourcing market in 2007 stood only at $7.5 billion but witnessed a rapid uptick to reach $20 billion last year. By 2014, KPMG predicts that China's total outsourcing market will be pegged at $43.9 billion.
¡°We have seen a meteoric rise of China as a potent outsourcing destination owing to conducive factors such as cost and labour arbitrage, skilled workforce and robust infrastructure. We look to address the changing customer dynamics of global outsourcing through a strong local presence and service customers from North America, Europe and APAC for development and support projects,¡± added Mr. V. Mathivanan, President - APAC, Patni.
The centre will systematically build-up to full capacity, a majority of which will comprise local talent. For Patni, Suzhou has the advantage of being a cost-effective destination with good accessibility to tier 1 cities and a large and competent pool of talent adept in various computing skillsets.
Some Fast Facts:
Details of Patni Suzhou Centre:
Planned Area: 3400 m2
Planned Seating: 500
Energy Saving / Green Building
Three layers of security (guard/access card, camera and infra red)
Suzhou Software & Technology Park:
Planned Area: 2 km2; 1st phase ¨C 250,000 M2; 52% office building, 48% training & services
Operational: 60,000 M2 of office buildings and 120,000 M2 of training & services facilities |
Publisher: admin Time of Publication 18/10/2010 Has been viewed690 times
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