Friday, July 15, 2016

NASSCOM aims to create growth opportunities for local IT Entrepreneurs in West Bengal

The National Association of Software and Services Companies (NASSCOM), today organized the East edition of the NASSCOM Product Conclave (NPC) in Kolkata at Hyatt Regency. An annual gathering of product and associated services entrepreneurs, VCs, academicians, angel investors, CIOs and analysts, the conclave aimed at evangelizing the local entrepreneurial ecosystem, providing a platform to showcase products and share their ideas with participating delegates. Organized with support from Department of IT and Electronics, Government of West Bengal and its nodal agency WEBEL (West Bengal Electronics Industry Development Corporation Limited), the sessions at the event were designed to formulate measures for the growth of the IT Industry in the region in conjunction with all stakeholders in the domain.

Organizes its East edition of NASSCOM Product Conclave in Kolkata

To capture the essence of entrepreneurial and innovative spirit of West Bengal, the conclave provided early stage technology start-ups, product companies with a highly evolved environment to take their ideas to a larger audience. The full-day conclave focused on how technology can be leveraged to drive business growth and build an ecosystem of sustainable growth for start-ups. Further, there was also participation from CIOs of various industry sectors like Manufacturing, Retail, Healthcare, Financial Services and Real Estate, who discussed their needs in IT deployment and interacted with companies to understand their offerings.
Speaking on the occasion, Mr. CP Gurnani, Chairman, NASSCOM, said “The product landscape in India has evolved radically and has become a hot-bed of innovation which is creating global solutions. Kolkata has been the birthplace for some of India’s largest business houses, and is fast becoming a melting pot for new businesses with its friendly policy structures. We were pleased with the support we have received from the government and the enthusiastic participation of entrepreneurs at the conclave.”
Keeping the dynamics of the Product ecosystem in mind, NASSCOM organized workshops, panels, keynotes, pitches, investor meets and product exhibition at the gathering. Key topics of discussion included disruptive technologies like SMAC opportunities, IoT trends, SaaS models and leadership strategies. The conference witnessed 400+ attendees and focused workshops on emerging technologies like Machine Learning & Analytics by Aarti Kapur, Principal Consultant, Fractal Analytics; Usage of Robotics by Prof. Kavi Arya, IIT Bombay; Virtual and Augmented Reality by Harsha Padmanabha; Learning Growth Techniques from Alok Kejriwal, Co-Founder & CEO, Games2win; Digital Marketing Techniques by Dr. Som Singh, Founder & Chief Marketing, UCG Unspun Consulting Group. Amit Jain, President, Uber India also participated in a chat session with the delegates.
Mr. Kamal Agarwala, Chairman, Eastern Region Council, said, “NPC plays a very significant role in the journey of the Product Development ecosystem in the Eastern Region. This is one initiative undertaken by NASSCOM which is a focused event on software products. We want to encourage people to go back to their office next day and apply the learnings from the conclave. This year there is a special focus on emerging high-end technologies and solutions”.
NASSCOM has been constantly working towards building a strong business ecosystem in the state of West Bengal and supporting IT companies from the region. In line with the same, NASSCOM had also partnered with the Government of West Bengal and the Information Technology and Electronics Department of the Government of West Bengal to open its start-up warehouse in Kolkata. The facility will provide affordable co-working space conveniently located in the centre of the city, thereby establishing Kolkata as an emerging destination of global businesses and start-ups.


NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industries in India. NASSCOM is a global trade body with more than 2100 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 3.5 million professionals
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Wednesday, July 13, 2016

Press Release: Genpact Establishes Operations in Kuala Lumpur

Genpact (NYSE: G), a global leader in digitally-powered business process management and services, has established operations in Kuala Lumpur, Malaysia’s capital city, further strengthening its footprint in Asia, with the plan to provide finance and accounting (F&A), sourcing, and procurement services for a growing number of clients at this site. This will help Genpact deliver more holistic finance solutions to clients based on its Lean DigitalSM approach that leverages the power of digital technologies through middle and back office operations.

Genpact Establishes Operations in Kuala Lumpur

Malaysia, one of Asia’s dynamic economies, has emerged as a thriving global business services hub. With a stable and attractive business environment, government support, educated workforce, and world-class infrastructure, Kuala Lumpur has become an increasingly important business location for many of Genpact’s clients comprising approximately one-fifth of the Fortune Global 500 – the majority of which have operations in Malaysia and other Asia-Pacific countries. This supports one of the company’s strategies of delivering services from regions where their clients run key operations.
Shared services delivery center opens to strengthen operations in Asia
Genpact is already working with GSK in this Kuala Lumpur location and expects to hire a number of professionals with domain expertise in F&A and procurement processes who will serve clients across a number of industries including financial services, insurance, and manufacturing.  Being in an optimal time zone for supporting Asian operations, Genpact’s Kuala Lumpur site will provide services in all South East Asian languages including Malay, Bahasa, Tagalog, Vietnamese, and Thai in addition to English – with the ability to provide Mandarin, Cantonese, Japanese, and Korean language services as a secondary location. During an opening celebration at the center today, Dato Wan Peng, Chief Operating Officer of Malaysia Digital Economy Corporation (MDEC), said, “I welcome Genpact to Kuala Lumpur and wish them all the very best. We look forward to working with Genpact in their growth journey.”

"Genpact is excited to establish our operations in Kuala Lumpur, where we’ll be able to deliver transformation-driven business process, consulting, analytics, and digital services for existing and new clients in Asia," said BK Kalra, senior vice president and business leader, Consumer Goods, Retail, Life Sciences and Healthcare, Genpact. “Given the available and highly-skilled talent pool as well as favorable economic climate, we plan to grow this location over the next few years. This will strengthen our foothold in the Asia Pacific region, where we already have multiple large delivery centers in China, Japan, India, Singapore, and the Philippines.”

About Genpact

Genpact (NYSE: G) stands for “generating business impact.”  We are a global leader in digitally-powered business process management and services. We architect the Lean DigitalSM enterprise through our patented Smart Enterprise Processes (SEPSM) framework that reimagines our clients’ operating model end-to-end, including the middle and back offices.  This creates Intelligent OperationsSM that we help design, transform, and run. The impact on our clients is a high return on transformation investments through growth, efficiency, and business agility.  For two decades, first as a General Electric division and later as an independent company, we have been passionately serving our clients. Today, we generate impact for a few hundred strategic clients, including approximately one-fifth of the Fortune Global 500, and have grown to over 70,000 people in 25 countries, with key offices in New York City. The resulting business process and industry domain expertise and experience running complex operations are a unique heritage and focus that help us drive the best choices across technology, analytics, and organizational design. For additional information, visit Follow Genpact on TwitterFacebookLinkedIn, and YouTube.