iSOFT ramps-up while markets meltdown

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December 8th, 2008 Leave a comment Visited 33 times, 1 so far today

To increase its presence in India

Chennai, 8 December, 2008: iSOFT, an IBA Health Group company, a leading global provider of healthcare software solutions, continues its commitment to building its operations in India by expanding its workforce and increasing its presence in India.

iSOFT employs about 4,000 people worldwide with approximately 50% based at its Centers of Excellence in Chennai and Bangalore. As part of its expansion plans, iSOFT has steadily recruited 300 employees over the last quarter and intends to recruit another 300 professionals in the coming months. iSOFT will hire professionals with varied skill sets including developers, testers, technical architects and designers. iSOFT is also looking for healthcare professionals with IT background to add to its existing pool of doctors, nurses, laboratory technicians, and pharmacists.

iSOFT is also strategically gearing to increase its presence in the Indian healthcare sector, which is expected to have a market size of US$4bn by 2011.

While most international outsourced operations develop only part of the product lifecycle in India, iSOFT is able to offer opportunities for multi-skilled Indian workforce to build their career on end-to-end product development from technology and architecture to coding and release.

Mr. S Govind, Managing Director, iSOFT India, said: “In the wake of the global economic meltdown with most organizations in the process of right-sizing, we are perhaps one of the very few organizations that are recruiting professionals at a steady pace, owing to our strong global footprint. iSOFT is relatively immune from the wider economic crisis and we are expecting to grow our global revenues from A$361 million in FY2008 to the range of A$540 million to A$560 million by FY2009.”

About iSOFT

iSOFT, an IBA Health Group company, is one of the world’s largest providers of healthcare IT solutions. It designs, builds and delivers industry-leading software systems that serve the entire health sector. iSOFT’s capacity to embrace change and keep abreast of emerging new directions in healthcare allows its customers to explore the exciting potential of new technologies while securing their existing investments. Today, over 13,000 provider organizations in 35 countries across five continents use iSOFT solutions to manage patient information and drive improvements in core processes. Its solutions are a catalyst for change, increasing efficiencies and providing direct benefits to all stakeholders across the whole spectrum of care. iSOFT’s business is driven by the collective talent, experience and commitment of over 4,000 specialists around the globe. iSOFT Global Development Centres of Excellence in Chennai and Bangalore contribute strategically to this international footprint.

For further details, please contact:

Ramesh Karajgikar

iSOFT – An IBA Health Group Company

Mobile: +91 (0) 97910 35005

Email: ramesh.karagikar {at} isoftplc(.)com

Twinkle Xavier

20:20 MEDIA

Mobile: + 91 (0) 98844 80115

Email: twinkle {at} 2020media(.)com





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