According to reports, French consulting-IT major to focus on specialised areas in energy, tax and telecom
European consulting major Capgemini is bracing for a major play in the domestic information technology services market in India. The French company, which reported $13.5 billion in revenues in 2011, is pitching for transformational projects in India, backed by its consulting capabilities that have been Capgemini’s forte globally, according to Salil Parekh, a top executive.
Given the company’s understanding of the requirements of the Indian customers, the 1967-founded Capgemini has identified energy & utility, financial services and telecom as the major focus areas.
“We started the India business about three years ago; thus we are at quite an early stage of business in India,” recalls Parekh, also a member of the Group’s executive committee. “So, we are focusing on a few areas where we can bring in our global expertise.”
Capgemini, much like most global IT majors such as IBM and Accenture, uses its offshore delivery centres in India to mostly service its global clients. The company has about 36,000 employees across its various centres in India, which makes up around 37 per cent of its global employee base. However, Capgemini, which began its operations in India in 1998 for offering consulting services, started selling IT services only around 2008.
Within just over three years, Capgemini counts about 70 Indian clients, including companies and organisations such as Indian Railways, Mother Diary, Asian Paints, Maharashtra Sales Tax, GMDC and Tata Power. “The demand for technology services in India will continue to grow at a very fast pace for many years,” says Parekh. “This is something from which we need to be benefiting.”
According to Parekh, the company is planning to focus on specialised services like smart grid and smart metering, taxation, insurance and claims, and new platforms for telecom services players.
Capgemini is talking to a couple of states in North India to implement smart grid and smart metering solutions. It is already doing work in this area in countries like Canada, the Netherlands, Germany, Norway and some parts of the US. This would help cut transmission and distribution losses of the electricity-distributing companies by about 40 per cent, thus improving the efficiency, according to Parekh.