IT - Development

IT - Development

Vizag city has about 50 small and medium software and call centre units, of which about 10 units started their operations during the year 2005-06; the foremost being Encore India, xxx,NuNet Technologies,Graymatter Informatics, Symbiosys Technologiesfollowed by HSBC and which have spawned several rapidly growing organizations through their American relations, in particular Patra India. Software exports from the Visakhapatnam region increased by around 56 per cent at Rs 109 crore in the financial year ended March 31, 2006, as compared to Rs 70 crore in the corresponding previous year. Also Nipuna, the BPO arm of Satyam Computers, is about to start its operations very soon in this port city. Other companies that are in Visakhapatnam include: OpenLogix, Miracle Software,Nanna Computers Maple Software among others. Also many other IT companies like Wipro, Infosys and IBM Daksh are about to launch their operations in nearest future. Satyam has started operations at its vizag center.