Even as the debate and discussions on the global slowdown continues, there are many small and medium businesses (SMBs) who have not felt the impact. Bangalore–based Nous Infosystems, an IT services company, is one such company which has braved the slowdown and is on an expansion mode. Nous, a mid-sized enterprise, has started a new development center in the city with state-of-the-art facilities.
Nous’ move to set up a new facility, which almost doubles its head count, comes at a time when most IT majors are talking to cost cutting measures. Says President and CEO of Nous Infosystem, Ajith J. Pillai: Nous specializes in software development, software consultancy, remote support services and testing with a wide range of services under each expert offering. We have over 200 satisfied clients worldwide with 24×7 operations. We have multiple Offshore Software Development Centers at Bangalore and Coimbatore along with operations in US, Canada, UK, The Netherlands, Germany, Australia and Middle East. The US centre contributes up to 55- 60 percent of the revenues while UK pitches in 35 percent.
So what is driving Nous to go in for expansion at this time of global slowdown ?
Despite the slowdown, outsourcing is still going to be there. Our clients are Independent Software Vendors (ISVs) for whom IT services is the bread and butter. I would like to mention that the slowdown in US or elsewhere is likely to affect service providers who are dependent on non – IT majors which are looking at cost cutting measures. The SME segment, which is quite strong in the US and Europe, is unlikely to be affected.
Nous is not at all attracted by soups offered to set up shops in Tier 2 cities in Karnatka or other states of India. According to Ajith “It‘s true that cost of operations are higher in Bangalore but there is availability of vast talent pool here. The cost of setting up a facility may be cheaper in Tier -2 cities but the availability of resources remains a matter of concern. Moreover, one has to invest heavily on in-house training in Tier– 2 cites which ultimately make investing in Bangalore a wise option”
Nous made a humble begining in Bangalore in 1996. In 2000 its revenue was Rs 2 crore. Today, Nous in a Rs 100 crore (2007) company and we are expanding. We have projected a 30 – 40 percent growth in 2008-09. It has a mission to provide global quality software solutions which we have been pursuing since inception.
The humble SME has focuses on IT Services. But according to the CEO three high growth segments like Testing, Remote Infrastructure Management and Enterprise Applications have been identified as key growth engines. The CEO of Nous expects a lot of work in these segments in the coming years.