BWI: Sapient Expands its Presence in Bangalore

Press release from Business Wire India
Source: Sapient
Wednesday, September 01, 2010 12:07 PM IST (06:37 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Sapient Expands its Presence in Bangalore
Company's Rapid Growth Drives the Addition of Three Floors to its Existing Centre and Accelerated Hiring efforts

Bangalore, Karnataka, India, Wednesday, September 01, 2010 -- (Business Wire India) -- Sapient (NASDAQ: SAPE), a global services firm that helps clients transform in the areas of business, marketing, and technology, today announced the expansion of its existing centre in Bangalore. Located in Salarpuria GR Tech Park, Whitefield, Bangalore, Sapient builds on its capacity by almost doubling the space of its existing facility.

"Due to the continued growth and success of our marketing services and global markets businesses, we are expanding our space and increasing our hiring efforts to keep pace with client demand," said Karandeep Singh, managing director, Sapient India. "India is a great source of talent and wonderful place to work for us. Expanding in Bangalore is a natural step for us as we continue to deliver cutting-edge work for multi-national clients doing business in India," he added.

The company plans to nearly double its workforce in Bangalore by the end of 2010, as well as continue expansion in its two other Indian markets: Gurgaon and Noida. This month, Fortune Magazine ranked Sapient #45 (and #2 for profit growth) in its annual fastest growing companies list.

"On the back of 36% year-over-year revenue growth in Q2, the expansion of our talent pool in Bangalore will allow us to continue our track record for delivering superior service to clients in our SapientNitro and Global Markets businesses," said Munish Mishra, director and office lead of Sapient in Bangalore. "Bangalore is critical to our success because of its strong talent pool for marketing and technology services. Employees are attracted to working here because of the unique opportunities to become immersed in our multi-national clients' businesses and get to solve some of their most complex challenges through innovative thinking."

Spread over an area of 100,000 square feet, the new Bangalore space will accommodate a fitness centre and expanded cafeteria exclusively for Sapient employees.

Sapient's bolstered presence in Bangalore represents an important step ahead in the growth plan of the company in India, which celebrated its 10-year anniversary earlier this year.

About Sapient

Sapient is a global services company that helps clients transform in the areas of business, marketing, and technology. The company operates three divisions that enable clients to gain a competitive advantage and succeed in an increasingly digital world. SapientNitro, Sapient Global Markets and Sapient Government Services fuse insight, creativity and technology to drive innovation and to help clients navigate complex business problems. Our approach is the subject of case studies used by MBA programs at Harvard and Yale. The company has operations in North America, Europe, and Asia-Pacific. For more information, visit http://www.sapient.com.

Sapient is a registered service mark of Sapient Corporation.


CONTACT DETAILS
Neha Pathak, Sapient, +91 (124) 4167000, npathak@sapient.com
Pragya Goel, Gutenberg Communications, +91 9810486705, pragya@gutenbergpr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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