Captive Bench Model Planned to Serve IT Companies
By CXOtoday Staff
Mumbai, Mar 25, 2008

Software solutions, outsourcing and consulting services company Ambletek has launched its 'People Supply Chain Model' after acquiring Bangalore-based IT staffing firm ASAP Infosystems. According to the company, this new model will address the specific concerns of talent shortage (primarily) in IT companies, and improve utilization rates by providing a captive bench on demand.

Ambletek's mission is to play a collaborative role with the IT companies, and other industries to manage their people supply chain, and to tap the untapped talent from the market to enable them to work for world-class projects. The company is planning to have 10,000 staff trained and deployed before March 2011. In order to fulfil this vision, it will look for raising capital to set up infrastructure facility across country.

Through this acquisition, the existing staffing contract will move to the new entity. ASAP Infosystems will be a part of Ambletek, but function as an independent company. The parent company will focus on the new model apart from its Banking Solutions business.

Contextually, Ambletek Solutions, within one year of its incorporation, is hiring and deploying about 1,000 resources in 2008. The company intends to double that number next year. The new plan under 'Managing People Supply Chain' will focus on providing a captive bench on various technologies such as SAP, Oracle Apps and IBM MQ.

Accordingly, the company will hire about 1,000 resources for the period April 08- March 09, and then scale up to 5,000 resources by Dec 2010. The captive bench will be deployed with large IT companies on projects for a pre-agreed duration.

Kannan Ramaswamy, founder CEO of Ambletek Solutions, said, "Our Vision is to create job opportunities for all talented resources, to work for world class companies for world class projects, and we will be the channel to facilitate this. Our new 'People Supply Chain Model' will allow large IT companies to reduce project overheads, increase their staff utilization, and reduce their bench & training costs. Eventually, Ambletek can be a 7500 strong organization in three years from now, and it will aim to have at least 15 per cent of the IT companies' staff to be on its pay rolls."

Suresh, director of ASAP Infosystems informed, "We are delighted to be part of Ambletek group and with the combined entity; we will play a supportive role to Ambletek's bigger plans."


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