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MyITgroup has begun talks with SAP India to build tools and components for its business software.

Bangalore , Jan. 31

MYITGROUP Ltd, a US-based provider of services for users of SAP's business software, has set up it first offshore development centre in Bangalore and plans to hire some 110 SAP experts over one year.

The company in collaboration with SAP plans to develop a business solution for the public sector enterprises, said Mr David Perroni, Managing Director, MyITgroup.

The privately-held $70 million (Rs 306.5 crore) Texas-based MyITgroup currently employs 50 professionals at its Bangalore centre, where it has initially invested about half a million dollars.

The company expects to hire another 60 in India for providing remote application services to its US-based-customers, besides building software tools for implementation, he said.

"By setting up a centre in India, we are offering an offshore-option to our 270 customers, that will help them in cost savings of up to 60 per cent," Mr Perroni said.

The company expects to service 40 to 50 customers from Bangalore over the next 12 months.

The India offer includes professional services, remote management, offshore development and system monitoring services to its global customers. The company will also look at tapping the huge base of SAP installations in India. "Our India operations will be one of the key drivers of our growth," Mr Perroni said.

"The deployment of SAP's enterprise software in India is unique asit has been adopted by a number of small and medium businesses. We will learn this model and try to replicate it elsewhere too," he said.

MyITgroup has begun talks with SAP's India operations to build tools and components for the SAP's business software with an aim for additional revenue, he said. "We would also be starting work in the business intelligence space."

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