Cendura to invest $15m in India

Company plans to start partnering with leading Tier I, Tier II Indian IT services firms

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Sanjay Krishnan Hyderabad
Last Updated : Feb 06 2013 | 6:19 PM IST
California-based Cendura Corporation, which provides companies with solutions to manage different software applications in a cohesive manner expects to start partnering with leading Tier I and Tier II Indian software services firms.
 
The company also said that it could invest close to $15 million in its Indian operations in the next five years.
 
Speaking to Business Standard, Pavan Nigam, chairman, CEO and founder of Cendura, indicated that the company would very soon announce partnerships with leading Indian software services companies, that would in turn start offering Cendura's solutions to its customers.
 
Cendura offers application management solutions company that help large enterprises manage complex and dynamic IT environments.
 
Cendura's cohesion application management suite is a blueprint-based configuration and change management platform that automates the labour-intensive tasks necessary to efficiently maintain distributed applications.
 
"The whole idea is to help IT organisations reduce the increasing costs of managing and supporting complex, distributed applications, which is very different from managing different hardware and operating systems," Nigam said
 
According to estimates available with industry analysts, the market for such a solution offering is just blooming and could touch a couple of billion dollars in the next couple of years. It is estimated that the present market opportunity in which Cendura operates is about $100 million.
 
"One of the biggest challenges in the outsourcing world is how one can capture and retain knowledge. How does one ensure that the IP that one creates is not lost when the work is outsourced or offshored. Our unique product ensures that a blueprint is created so that everything that is created is captured in a structured way and lost," Nigam said.
 
Such a solution ensures application availability, performance, and integrity by providing singular control of applications and their infrastructure, he claimed.
 
The company founded in 2001 has seen close to $10 million in funding and expects to break even in the next calendar year.
 
Nigam said that the company which has a software development centre in Hyderabad would invest close to $15 million over the next five years in its India operations.
 
"India is integral to our operations and though we have only about 70 people at our centre in India, we expect to double the headcount by the end of this year," Nigam said.

 
 

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First Published: Mar 18 2004 | 12:00 AM IST

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