Business Objects Opens R&D Facility In India
Business Intelligence (BI) specialist Business Objects has announced the launch of new Research and Development center in India. The center is aimed at fortifying company’s presence locally by facilitating closer interactions with regional customers and create a more amiable environment for BI adoption in the country.
The Bangalore based facility housing 270 software engineers will contribute significantly to the company’s global product development efforts while also acting as a liaison between the company and customers based out of Asia.
Commenting on the occasion John Schwarz, CEO, Business Objects said, “Though the facility is titled as a R&D center, we’d like to clarify that this isn’t an outsourcing operation. Its core function will be developing BI technologies for our customers to benefit from irrespective of their geography.”
He further added, “Choosing India for the center has more than one advantage for us. India holds the greatest pool of resources and technically skilled people in the world. Not only that but the fast emerging market, especially the burgeoning SME/ SMB segment presents tremendous opportunities for us to do business. There are vast numbers of businesses that are beginning to realize the business value of investing in acquiring BI capabilities and we want to make sure that we present them with solutions specifically tailored to their needs.”
The emergence of new economy companies and dominance of mid-market sector across different verticals in India has encouraged BI vendors such as SAS, Cognos, Hyperion, and others to invest substantially in expansion activities in the country and Business Objects is no exception.
Talking about the state of the Indian market Sanjay Deshmukh, Country Sales Manager, India/ SAARC said, “The situation has changed dramatically in the last 4-5 years when it was only a handful of companies in the country mainly from the financial and the telecom space that would invest in BI tools to help drive enterprise performance. Now there are mid-market companies and 200-100 crore companies that are buying BI applications and adopting the technology for their business needs. This is a very encouraging sign for us.”
“Another trend we are seeing is that enterprises are also quickly realizing that BI applications aren’t just for a select few but for a larger number of users in an organization right from an inventory manager, a departmental head to even a CEO. These companies have started to extend BI capabilities to a wider number of users within these organizations,” concluded Deshmukh.
Lately, Business Objects has expressed intentions to adopt a new service oriented approach rather than being a pure play BI products vendor. The R&D center at Bangalore could well be a part of this initiative.
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