Zensar Technologies is in the process of acquiring a US company in the SAP domain in 12-18 months for a consideration of Rs 100 crore.
“We are not going to have big ticket acquisitions for now. We might have a couple of small buys in the short term,” Dr Ganesh Natarajan, Vice-Chairman and Managing Director of Zensar Technologies, said.
Zensar is looking at companies to add strengths in SAP PLM (Product Lifecycle Management) and Infrastructure Management.
Addressing presspersons here on the sidelines of an international conference on Patient Safety and Healthcare IT on Friday, he said the company expected a price hike of two per cent from the existing customers. “It could be 4-5 per cent from the new customers,” he said.
The company sees a shift towards cloud-based outsourcing. Though it was less than five per cent last year, it could grow to 25 per cent in the next three years.
The company said average salary hike for the year will be 10 per cent with maximum of 22 per cent.
Though other global markets were recovering well after slowdown, the Japanese market was cause for concern. “Its contribution fell from seven per cent in 2006 to two per cent last year. We expect this to fall further to one per cent this year,” he said.
For the year, Zensar would add 800 employees, including 500 freshers and 300 lateral entrants. “We are recruiting 200 freshers a quarter on an average,” Dr Ganesh Natarajan said.
The company had factored in an attrition rate of 18 per cent. A good number of new recruits would be employed in Hyderabad. The number of employees at Hyderabad would go up to 1,200 this year against 600 last year.
Stating that the Gulf region offered promise, he said the company would open a 200-seater facility in Jordan once things settled down there. He said the top 10 customers contributed 69 per cent to its turnover, while top 5 contributed 45 per cent.