EDS's new facility at Tidel Park

By Our Corporate Reporter

CHENNAI, APRIL 30. Electronic Data Systems India (EDS), a wholly owned subsidiary of EDS Corporation of the U.S., has opened its new facility at Tidel Park, Chennai. The facility, spread across 89,000 sq.ft., is the company's fourth in the country and the third in Chennai.

Inaugurating the facility on Saturday, Mr. Scott Ayer, General Manager, EDS Asia Pacific Solutions Centres, told presspersons that the world class infrastructure available at Tidel Park would help the company in providing end-to-end scalable solutions from board-room to back office to domestic and global customers.

EDS had four decades of experience and expertise to work with businesses and governments in providing information solutions, management consulting, enterprise solutions and business process management, he said.

EDS, with its management consulting subsidiary, A.T. Kearney, was serving more than 9,000 clients in 55 countries with a workforce of 1.25 lakh employees. He said the U.S. slowdown had made companies there to increase their investments in Asia Pacific. EDS has actually grown more than 19 per cent and contract signings were up by 67 per cent in the first quarter of this year. Last year was one of the best with major new contracts such as $6.9 billion contract for the U.S. Navy and Marine Corps. In 2000 the company reported revenues of $19.2 billion.

Mr. Ram Seshadri, managing director, EDS India, said the Indian operations were being expanded to support the growing global business needs of the company.

The Tidel Park facility would have 650 software professionals while the other EDS facilities in India have around 600 employees. Mr. Seshadri said 90 per cent of EDS India's operations was meant for overseas markets.

EDS began its operations in India in 1995 with focus on banking, financial services, insurance, automobile, healthcare and transport industries.

It provides business development project management services to Shonkh Technologies. It also works with reputed corporates such as Reliance Petrochemicals, ICICI, Caltex, Duracell, GM and Delphi.

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Section  : Business
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