DataCard Corporation announced today that it has opened a software development center in Bangalore, India. The new center will be funded and operated as a joint venture with SaveSmart, a California-based Internet services company.
Glenn Highland, DataCard’s president and CEO, said the new center will allow both companies to introduce a steady flow of new products and achieve aggressive financial goals.
“We currently develop software in Minneapolis, Toronto, Tokyo and several cities in Europe. While those resources are considerable, worldwide demand for DataCard products would exceed our capacity before too long,” Highland said. “The new software development center in Bangalore will provide us with the additional horsepower we need to achieve our goals.”
DataCard and SaveSmart plan to start with a team of twelve software developers in the new center, then gradually grow the staff on a project-by-project basis to over 50 developers within three years.
“After exploring several locations around the world, we chose India because it offers a wealth of software development talent,” Highland said. “India also offers many geographic advantages. It allows us to be closer to customers in the Pacific Rim and China_two areas where we expect tremendous growth over the next several years.”
Jim Moar, executive vice president and chief operating officer for DataCard, said the opening of the Bangalore site reflects a change in the company’s business and its products.
“Just a few years ago, the world viewed us as the leading manufacturer of card personalization equipment,” Moar said. “Now, our customers look to us for intelligent, fully integrated card issuance solutions.”
“Financial institutions, government agencies, corporations, colleges, universities and hospitals use our solutions to intelligently and securely manage their business,” Moar added. “The software development expertise we’re adding in India will allow us to keep up with a growing worldwide demand for those solutions.”
Ashok Narasimhan, SaveSmart CEO and former CEO of India-based Infotek stated, “India has a high concentration of some of the world’s most talented software developers. We will do everything possible to attract this rich pool of talent to our start-up organization.”
Narasimhan added, “The new joint center will focus on both Internet point of purchase technologies, two areas universally expected to sustain significant growth for a very long time to come.”
DataCard Corporation, a privately held company based in Minneapolis, Minn., is a world leader in innovative plastic card solutions. The company offers a spectrum of card-related products and services, including digital photo ID systems, badging services, card personalization systems, systems integration services and transaction terminals. ([www.datacard.com])