PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: PRHUB

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Marlabs, Inc. Unveils India-centric Global Growth Strategy - Marlabs Inc. unveils India-centric global growth strategy; to expand India
Marlabs, Inc. Unveils India-centric Global Growth Strategy

 

NewswireToday - /newswire/ - Shantinagar, Karnatka, India, 2006/12/18 - Marlabs Inc. unveils India-centric global growth strategy; to expand India.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Marlabs, Inc., a fast growing provider of technology services and solutions to select verticals is betting on India to fuel its growth globally leading to exponential expansion of its India footprint. The company announced at a press conference today that its investments in India will exceed Rs.100 crores and will go primarily into the setting up of two new, state-of-the-art campuses in Bangalore and Mysore besides a Global Training and Development Center in Mysore. The India headcount will rise as well from the current 400 to over 2000 in the next three years. The company has since acquired land and necessary approvals and construction is scheduled to start soon. The investments in India will be funded through internal accruals.

Marlabs India is expanding on other fronts as well. The company is setting up separate practices for Oracle Applications and Business Intelligence. The company's BOT-based ODC for Epsilon Interactive is growing as well. The Indian operations will also shoulder increasing responsibility for MCOCentral, Marlabs's flagship product for the healthcare vertical. The Professional Services arm of Marlabs Inc. will also be growing on two counts - expansion of its domestic customer base and in its share of the global revenues of Marlabs, Inc.

Elaborating on the rationale behind the India expansion, Sunil Nambiar, Head Global Delivery, Marlabs India, said, " There is a key difference in the way Marlabs has evolved in that its early focus was only on being closer to the customer in the US and delivering to them from US itself. This strategy has paid rich dividends in the form of deepening relationships with growing number of large customers who are now extending their mandate for Marlabs. We believe that the right mix of onsite and offshoring is the one needed for us to execute these mandate well and make our growth plans a reality. Also, as we are only doing product development, application development and support in India, which implies significant domain knowledge and IP would be built in India as well."

In his comments, Vignesh Hebbar, Associate Vice-president, Professional Services, Marlabs India, said, "We expect the Professional services market in India to grow rapidly and mature in the next few years and being a forerunner in this space, we will look to ride that growth. It is this projected growth and the continuing needs to train our lateral hires that has led to the Global Training Center at Mysore. The increased footprint in India, growth in India's role and contribution to global operations, the increasing customer base for professional services and the global training center in India mark an inflection point in Marlabs presence in India."

Marlabs has since acquired land in Mysore and Bangalore for its campuses. The company is set to have its third facility in Bangalore for Global development over and above the existing two to accommodate the headcount growth till the new campus is ready. Besides these three facilities the company also has a separate facility for Professional Services in Bangalore. All the four will be integrated into the new Bangalore campus which will be ready by late 2008. In Mysore, the company has leased a 14000 sft. premises which will be inaugurated later this week. This is only an interim facility and will be integrated along with the global training and development center into the new campus in Mysore. Both campuses together will have the capacity to house 3000 professionals.

Marlabs India is a wholly owned subsidiary of Marlabs Inc. and has been operational since 2003. The company currently has three facilities in Bangalore in India employing over 400 professionals. Marlabs Inc., USA is a US$75 million fast-growing provider of a full suite of solutions and services for the healthcare, insurance, real estate, media and entertainment verticals. It partners leading technology firms such as Microsoft, IBM, Oracle and Sybase to ensure cutting edge technology solutions for its clients. The company has development centers in Philadelphia and Austin, TX besides Bangalore. With a clientele that includes Fortune 500 and 1000 companies, most of who consider Marlabs their partner of choice, Marlabs' growth has been consistent. Marlabs has been named Inc. 500 company, 5 years in a row, has been named by Deloitte & Touche as among the fastest- growing technology companies in the USA and ranks among New Jersey's Fast and Finest 50 companies.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: PRHUB

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Marlabs, Inc. Unveils India-centric Global Growth Strategy

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Saritha Shetty 
+918022998141 saritha[.]prhub.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PRHUB securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From PRHUB / Company Profile


Read Software Most Recent Related Newswires:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data
Earthlite Drastically Simplifies and Expedites Accounts Receivable Analysis with Datawatch Monarch
PTC Achieves AWS IoT Competency Status
Umbra, VM Backup Appliance Based on NAKIVO Backup & Replication, Generates Business for Integrative
SpringCM Chooses Xactly to Increase Data Accuracy and Enhance Sales Compensation Strategy
American Airlines Selects IBM as its Cloud Provide

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)