Israel-based software firm Ness Technologies is planning to increase
its India staff strength by 1,000 in the next one year, adding to the
2,000 currently in the country, as it looks to tap the growing demand
for software product engineering services. "We see product and
platform engineering as a significant growth opportunity. We are growing
very significantly in India. India is a significant part of our
delivery strategy," said Paul Lombardo, CEO of Ness Software Engineering
Services, a division of Ness Technologies. The company will hire 1,000 employees in India in the next year, said Satyajit Bandyopadhyay, president and managing director at Ness Technologies India.
Ness Technologies, which is owned by US asset management firm Rohatyn Group, hived off its IT services business earlier this year.
Given the need for high technology specialization, a majority of Ness' hires are lateral hires, according to Lombardo. But the company also has a relatively easier time at campuses when it comes to hiring freshers.
"We aren't offering them commoditized work but the ability to innovate. We have one guy working in Chennai who has his name on six patents," Lombardo said.
India's ER&D services market is booming as more companies invest in software and platform research.
The Indian opportunity is expected to reach $38 billion by 2020, according to research firm Zinnov, growing at about 12% a year.
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