Published On:September 18 2008
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Zensar launches infrastructure management business unit
Pune: Zensar Technologies, IT and BPO player, announced the formal launch of its Infrastructure Management business unit.
It has signed deals with its existing clients and new customers in the US, Europe and South Africa totalling over $10 million since the beginning of the current fiscal.
According to Dr Ganesh Natarajan, Deputy Chairman and Managing Director, Zensar Technologies, and Chairman of Nasscom, the global infrastructure management business is growing steadily and older assertions are being amended to reflect rapidly expanding growth.
He said the Zensar IM practice is aiming at being a $50 million entity by 2010-11 with more than 1,000 personnel positioned as the business availability partner to global corporates while noting that it is also looking for a $5-6 million acquisition in FY 2010 to lend scale and market penetration in Europe or South Africa in this area.
Giving statistics, he said that 75 per cent IM roles and services could be outsourced keeping the geography security regulation and availability unaffected.
The global market size of Remote Infrastructure Management (RIM) is $95-104 billion. India, China and South African RIM market will grow to $26-28 billion by 2013.
The India IM (managed services and RIM) industry has grown more than 60 per cent (each year) in last two years. The Everest Research Institute has predicted that RIM would grow to $8.6 billion in the next three years with an annual CAGR of 61 per cent.
Mr Ankit Ghosh, Global Head of Zensar’s Infrastructure Business, said that it has invested in new services lines called ZenRIMS (Zensar Remote Infrastructure Management Services) and ZenGDC (ZensarGreen Data Centre). Eastern Europe is a significant market for these services and South Africa, Australia and Singapore too have been showing potential for these services.
“Zensar could be looking at an acquisition in the networking and security space to enhance capability and scale for expansion into these territories. IM Shared Services has been showing significant traction with its unique pay-per-use model and the fixed services packs,” he added.