
Wayne tech firm divides operations between N.J. and Indian offices
EXECUTIVES at Wayne-based MindTree Ltd. say they?re confi dent in the future of technology jobs in the United states -though it maintains a second headquarters in Bangalore, India, where the majority of its jobs are concentrated.
?It?s rare in the industry, but it?s such an advantage, because we operate with the mindset of being a global organization, not an Indian organization or a U.s.-based organization,? said Scott Staples, president and co-founder.
Staples said the company?s dual-headquarters model is responsible for nearly half of mindtree?s growth. since its opening in 1999, the company has increased revenue to $330 million; staples said he expects to hit $400 million by the end of the fi scal year, in march. mindtree?s Bangalore headquarters has been benefi cial to the company?s growth because it helps keep the costs down without interfering with quality. ?engineering and software development are sort of in the Dna of most of the young people in India,? staples said. ?It?s a fi eld that they want to get into. so the access to young, top talent gives us a unique advantage against non-Indian companies.? the company?s growth also comes from staying on the cutting edge: at the beginning of may, mindtree unveiled its new Data and analytics solutions group, which handles analysis of the ever-growing amount of data coming from smartphones and Internet applications. the group is mindtree?s fastest growing division, already with 800 of the company?s 10,000 employees in it.
mindtree now plans to hire 100 people in the United states - roughly half of them in new Jersey - and will pilot a program to expose college students to what the company does in the United states: front-end consulting. the back-end operations of the company, in which more than 9,000 people are employed, are in India, working on software development. such a setup is common in a world of outsourcing, but staples said he expects to see a rise in U.s. tech employment. Over the last 18 months, he?s seen more companies not only investing in technology, but also giving business to local fi rms.
�eurooeIf we�euro(TM)re looking to hire, you can imagine how many other companies are looking to hire,�euro? he said.
Michael Littman , chair of the Department of Computer sciences at Rutgers University, said he�euro(TM)s noticed a renewed surge of interest in the fi eld over the last couple of years. He had seen enrollment in the programs diminish when the dot-com bubble burst, but �eurooelots of people are getting interested again in these issues,�euro? he said. �eurooeComputers are so pervasive now �euro? everyone has exposure, everyone has an interest in what they do and how they impact people�euro(TM)s lives.�euro?
Littman no longer thinks outsourcing will be a problem for U.s. students, though that wasn�euro(TM)t the case fi ve years ago.
�eurooePeople are just not talking about that anymore,�euro? he said. �eurooeI think what people realized is most of these things just can�euro(TM)t be effectively outsourced.�euro?
staples, while admitting to mindtree�euro(TM)s large Indian footprint, agreed with Littman, saying it�euro(TM)s still critical for the company to have american employees available on site to work with clients.
that�euro(TM)s only part of the reason he expects a comeback in tech jobs.
�eurooethis next decade, it�euro(TM)s probably going to be again a fun time to be in tech �euro? and primarily because of what�euro(TM)s happening in mobile applications and digital applications and things like that,�euro? staples said. �eurooeand hopefully, that drives kids back into those programs, because we need them. We have jobs for them.�euro?
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Scott Staples, president and co-founder of MindTree Ltd., says having company headquarters based in two different countries helps his firm divide its operations: front-end consulting is done in the United States; software development in India.
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"This next decade, it�euro(TM)s probably going to be again a fun time to be in tech �euro? and primarily because of what�euro(TM)s happening in mobile applications and digital applications and things like that."
Scott Staples
MindTree president and co-founder