itelligence to double workforce in India

Sees potential of $50 mn revenue in next five years

By   |  Published: 7th Oct 2017  10:44 amUpdated: 7th Oct 2017  8:33 pm
Norbert Rotter, CEO, itelligence (from left) with Sanjeev Deshpande, MD, itelligence India.

Hyderabad: Intelligence, a SAP solutions provider, employing about 6,600 employees in 24 countries is betting big on Indian market. In India, the company has 1,300 employees and will adding 200 people in Hyderabad by December. By 2020, the company will like to double this number by adding new facilities. In the next five years, the company sees a potential to clock $50 million turnover from India.

The company has a delivery centre in Mumbai, will open centres in Ahmedabad and Gurugram. It will expand an existing delivery centre in Gurugram that intelligence owned and one that vCentric operates in Ahmedabad. The company will set up a technology centre by end of 2017 with about 20-25 people staff.

As a frequently awarded SAP partner, itelligence is an SAP Hybris Gold partner and global value-added reseller. itelligence is an SAP-certified provider of cloud services, SAP-certified provider of hosting services for SAP HANA Enterprise Cloud and an SAP platinum partner.

The company’s services in support of SAP solutions range from consulting and licensing to application management services and hosting services to proprietary industry-specific solutions. In 2016, itelligence generated total sales of EUR 778 million.

Norbert Rotter, CEO, itelligence, said, “We are looking at the Indian market and evaluating how to utilise the resources here for executing global projects. VCentric is going to help us to strengthen our presence in SAP services. India remains a key market for the group for both organic and inorganic growth. We will enter new geographies with acquisitions going forward.”

As part of its ongoing strategy of growth in India, itelligence India Software Solutions has acquired Hyderabad-based vCentric Technologies, a reseller of SAP software and premium SAP services provider based in Hyderabad. This acquisition will help itelligence to expand its offerings throughout India to serve local and international customers even more effectively and efficiently for the upcoming tasks of digitalisation.

There is a huge talent base in Hyderabad and India in the SAP space. itelligence serves 30 customers and vCentric alone has 200 customers. This brings the total number of customers post acquisition standing at 230. India expects to generate about $50 million business during this fiscal. The company continues to look at acquisition opportunities globally.

Sanjeev Deshpande, MD, Itelligence India, said, “The company has invested about $11-12 million in the last 4-5 years. With vCentric the company has moved from number 2 to number 1 SAP partner. SAP services and reselling activity in growing healthy in India.”