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Updated: January 29, 2014 22:32 IST

Mindtree to scale up U.S. operations

Anuj Srivas
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Krishnakumar Natarajan
The Hindu Krishnakumar Natarajan

Software services exporter Mindtree plans to scale up its U.S. operations through more local hires and U.S. delivery centres in a strategy that the company claims is not due to impending U.S. immigration reform but rather to establish more “client facing capabilities”.

The mid-sized IT firm has now one U.S. delivery centre in Florida, and plans to establish at least two more centres — one on the west coast and another in the mid-west. “We thought of local delivery before this cloud of immigration reform. We’re proud of the fact that 11 per cent of our talent is non-Indian. Accordingly, over the next two to three years, we will add 400 more local hires there in the U.S.,” said Krishnakumar Natarajan, Managing Director and CEO, while addressing reporters here on Wednesday.

“We strongly believe that global delivery centres in the U.S. must be based on client need rather than just using it as a de-risking tool,” Mr. Natarajan added.

The company also downplayed its ambitious goal of hitting $1 billion in revenue by 2014 — a milestone that Mindtree’s founder Ashok Soota, who has since left the company, had announced in 2010. Mindtree, at present, makes roughly $500 million in annual revenue.

“It does not overly bother us if we don’t achieve the $1 billion goal by some deadline. We would be much happier if we achieved that goal as an outcome of us gaining leadership position in the specific domains that we have set out to be leaders in,” Mr. Natarajan said.

According to Mr. Natarajan, 2014 will be the year when Mindtree focuses on more specific acquisitions that will add to the company’s domain capability and generally add overall value.

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If some company is able to fight against internal politics within
company, any one can make 1 bn very fast with such great talents. Many
IT companies have too many non productive managers (in some cases
every 10 person has a NON productive managers, WHICH MEANS 10% OF YOUR
TOTAL STRENGTH IS NON PRODUCTIVE), and who are always busy in non
productive expensive meetings, travels etc. Though there are hard
working talents on keyboards who do the real work and keeping
companies alive. If Indian companies are not able to handle Indian
people (most of the cases notice period is 2+ months) how they can
handle American or people from other countries. Reason is simple mid
level managers in Indian IT companies still lead same way like it
happens today in post office or water board of any state.

from:  lost world
Posted on: Jan 30, 2014 at 06:14 IST
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