labels: it news
VeriSign Opens India Development Centre news
Our Infotech Bureau
03 May 2005

Mumbai: VeriSign, Inc. (Nasdaq: VRSN), a leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced the launch of a development centre in Bangalore. The VeriSign India Development Centre (IDC) will undertake end-to-end product engineering, design, development, testing and software lifecycle management for products and services running over IP and telecommunications networks.

Each day, VeriSign enables more than 14 billion internet interactions, three billion telephony signals, $100 million e-commerce transactions and the delivery of over 10 million wireless text and content messages. The company also provides services that secure more than 3,000 global enterprises and over 450,000 Web sites.

VeriSign plans to invest over. $6 million in India over the next year on infrastructure, human resources and R&D in the wireline and wireless, e-commerce and other forms of online transaction processing (OLTP), security, and Oracle 11i development and maintenance areas.

Spread over 20,000 square feet, the IDC will initially house 50 employees. The company expects to increase the number of employees to 125 by the end of 2005.

Outlining VeriSign's India plans at the launch, Aristotle Balogh, senior vice president, operations and infrastructure, VeriSign, said " This facility will be an integral part of the VeriSign global business strategy. Our primary objective is to develop products and services which are highly reliable, available, scalable and secure. The IDC will help VeriSign develop products and create more releases in shorter spans of time."

The centre is headed by Manoj Srivastava, vice president, global product engineering, VeriSign. In this role, he is leading the corporate-wide initiative to formulate a comprehensive offshore strategy to support product engineering for VeriSign. Speaking at the launch, Srivastava said "The India Development Centre will play a key role in building core mission-critical solutions for telecommunications, internet and Management Information Systems. We are recruiting highly qualified engineering and software professionals to work on cutting edge products and technologies. The IDC aims to significantly increase new product development capacity of VeriSign."

According to Ramesh Krishnan, director operations, VeriSign India, "The India Development Centre will help us in addressing the opportunities in digital communications, commerce and content and further strengthen our position in the intelligent infrastructure services market."

VeriSign provides intelligent infrastructure services to its key clients in India including many of the largest banks, international airlines and has partnered with several network operators in India.

 


 search domain-b
  go
 
VeriSign Opens India Development Centre