Fujitsu to leverage India’s explosive IT growth with Rapidigm acquisition
With its recent acquisition of Rapidigm, an information technology and consulting firm with more than 1000 consultants and three development centres in India, Fujitsu Consulting is poised to leverage India’s burgeoning US$22 billion information technology and business-process outsourcing industry.
Speaking at Fujitsu Consulting’s first press conference since the acquisition last month, company Executive Vice President Steve Kirchoff said, “Our growth strategy in India is an extension of our growth strategy in North America, which is to continually enhance our services and solutions capabilities and our ability to provide sustainable business value to our clients. Adding offshore delivery capability in such key locations as India, with its dramatic growth potential, expands our ability to meet these goals.”
Kirchoff noted that Rapidigm fits well with Fujitsu Consulting’s expertise in implementing and managing enterprise applications, IT governance, legacy systems modernisation, and application and business process outsourcing. Rapidigm brings enhanced experience in enterprise resource planning (ERP), business intelligence and application services capabilities.
Also speaking at the press conference, Jitendra Tanna, Director of Rapidigm (India) Ltd. said, “The acquisition gives both companies tremendous potential to fortify offshore services capabilities that will help clients maximise their growth opportunities. With Rapidigm now part of Fujitsu Consulting, we will also significantly further Fujitsu Consulting’s mission to globally expand its services capabilities and capitalise on the exciting growth potential of the domestic Indian market.”
As a result of the acquisition, Mr. Tanna sees strong potential to expand Rapidigm’s Indian development facilities, depending on client needs and market conditions. As demand increases, the company expects to hire an additional 2500 India-based staff in the next two years. This will require supplementary facilities and other services valued at approximately US$20 million, including a new centre in Hyderabad and expansion of its existing Pune and Noida development centres.
For further information on Fujitsu’s acquisition of Rapidigm, please contact:
E-mail:interaction@au.fujitsu.com
This article features in the June 2006 issue of interaction, Fujitsu's electronic customer magazine. Also in this issue:
From the CEO – Leveraging our global expertise
Our CEO, Rod Vawdrey, discusses Fujitsu’s commitment to its global operations, highlighting examples of expansion and innovation
from Fujitsu’s Global Companies.
Fujitsu to leverage India’s explosive IT growth with Rapidigm acquisition
With the acquisition of Rapidigm, Fujitsu is poised to leverage India’s burgeoning US$22 billion information technology and
business-process outsourcing industry.
Consulting Corner: Transforming the business of health
Fujitsu’s Health Industry Director, Jeff Smoot, discusses why he believes that project delays and cost overruns in the health
sector have less to do with technology and more to do with the way IT projects are approached and managed.
Ted Pretty to Chair Fujitsu Australia and New Zealand
Former Telstra executive Ted Pretty has joined Fujitsu as Non-executive Chairman of Fujitsu Australia and New Zealand. Read
more about Ted’s appointment here.
“It’s a phone box Jim, but not as we know it.”
Find out about the award-winning Quickphone, the UK’s first mobile phone vending machine, a great example of innovation from
Fujitsu Services Europe.
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