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Pune-based
Transworld Infotech Limited (TWIL) has moved into expansion
mode and established a 20,000 sq ft world-class development
facility in Pune. The company also plans to ramp up its employee
strength from the current 50 to 200 by 2003. Says Donn Liles,
chief executive, president and director, TWIL, “In 2001,
we diversified into strategic business units (SBUs) in order
to move up the IT value chain. The establishment of this development
centre comes as part of this move up the ladder.”
In an effort to enhance the quality of its services, the company
has phased its entry into the software arena. “The first
phase was development of our project lifecycle methodology,
software engineering processes and quality-assurance processes
compatible with SEI CMM Level-5 guidelines. These were defined
and indoctrinated while developing the business-management
systems for TWIL. During Phase 2, we refine these methods
and processes while delivering only a limited number of totally
controlled projects to carefully chosen clients in the US.
Having maximised probability of success and created reiterative
project-execution capabilities, we will enter Phase 3, which
is full-fledged market entry by mid-2002,” says Liles.
TWIL has enjoyed a steady and consistent growth over the last
few years. Prudent business management has enabled the company
to build strong capital reserves and make the necessary investments
in 2001-02 to grow aggressively in the coming years, continue
to invest and enhance shareholder value.
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