Alten Calsoft Labs Aims at Three-fold Growth in India
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Alten Calsoft Labs Aims at Three-fold Growth in India

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Alten Calsoft Labs Aims at Three-fold Growth in India PR Newswire BANGALORE, India, July 12, 2012 BANGALORE, India, July 12, 2012 /PRNewswire/ -- VLSI, Wireless, Cloud Computing and Analytics to drive growth Alten Group, the €1.

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Alten Calsoft Labs Aims at Three-fold Growth
in India
PR Newswire
BANGALORE, India, July 12, 2012
BANGALORE, India
,
July 12, 2012
/PRNewswire/ --
VLSI, Wireless, Cloud Computing and Analytics to drive growth
Alten Group, the €1.07 billion European leader in technology consulting and
engineering (TCE), today announced its plans to achieve three-fold growth
taking its
India
headcount to 2500 engineers by 2016 from the existing 800
engineers. Calsoft Labs, the outsourced product engineering arm of the Alten
Group in
India
and
North America
, will lead this growth by strengthening its
services offerings in VLSI design, wireless communications, cloud computing
and analytics.
Key Highlights
Alten aims to increase headcount from 800 to 2500 engineers in
India
by 2016
ER&D exports cross
USD 10 billion
, a growth of about 14 % -
NASSCOM Report
FY2012
.
Calsoft Labs rated in "Execution Zone" in outsourced software product development -
GSPR 2012 Report by Zinnov Management Consulting
Calsoft Labs will position its Indian design centers as a major hub to help its
global customers achieve greater R&D efficiency by leveraging engineering
talent available in
India
. As a company focused on ER&D, Calsoft Labs brings
with it high-end engineering expertise in Automotive, Networking, Media,
Education, Healthcare and Life sciences markets. Over the past two years,
Calsoft Labs has expanded its expertise to include SOC verification, 3G/4G
wireless product development and cloud computing. Moving forward Calsoft
Labs aims to make strategic acquisitions in
India
in areas of VLSI design,
wireless communications and big data analytics, to strengthen its expertise in
these domains.
The recent NASSCOM Report on Engineering and R&D Services (ER&D)
revealed that the engineering design and product development segments in
India
generated export revenues of
USD 10 billion
in FY2012; and is growing by
about 14 per cent, driven by increasing use of electronics, fuel efficiency
norms, convergence of technologies, and localization.
Calsoft Labs is developing product engineering capabilities that will enable them
to participate in ER&D across all stages of the product lifecycle, thereby
delivering higher value to customers. The latest Global R&D Service Providers
Rating (GSPR) 2012 Report by Zinnov Management Consulting has rated Calsoft
Labs in "Execution Zone" in outsourced software product development, which
reaffirms its ability to undertake complete product development for ISVs.
Commenting on the update,
Gerald Attia, Deputy CEO, Alten Group
said, "
Alten Group has witnessed huge success in outsourced ER&D in
European markets. With large global businesses targeting emerging markets,
India
has become the epicenter for Alten Group's growth, and we are making
significant investments in training our employees in specialized areas to be able
to leverage the large engineering talent pool that is available in
India
."
Ramandeep Singh, CEO, Calsoft Labs said,
"Calsoft Labs has been a
valued product engineering partner for major OEMs and ISVs for the past two
decades. With Alten Group making significant investments in
India
, Calsoft Labs
can look forward to an exciting phase of accelerated learning and growth in
new technologies such as wireless infrastructure, cloud computing and BI."
About Calsoft Labs
Calsoft Labs is the product design arm of the €1.07 billion ALTEN Group. Calsoft
Labs offers technology consulting and product engineering services globally to
equipment manufacturers (OEMs/ODMs), semiconductor vendors, and
independent software vendors (ISVs). Calsoft Labs operates state-of-the-art
product design and development centers at
Bangalore
,
Chennai
and Mysore in
India
, and
Maynard, MA
in USA; with sales & support offices worldwide including
North America
,
Europe
and
Asia
. For more information visit
http://www.calsoftlabs.com.
For further information, please contact:
Mrinmoy Purkayastha, Calsoft Labs, +91-80-
40343102,
mrinmoyp@calsoftlabs.com