Thursday, June 21, 2007

US firm to expand India operations

Fair Isaac Corporation (FIC), the US-based analytical applications firm, is expanding its India operations to hard sell its software products. Besides leveraging the Indian talent pool for servicing its global customers from its Bangalore centre, the $825 million FIC is opening an office in Mumbai to market its enterprise software products to prospective clients in five growth sectors such as banking and financial services, insurance, retail, healthcare and telecom.

Though Indian enterprises have come of age, competition and globalisation have brought about a host of challenges to sustain growth and use resources cost-effectively. Unlike conventional processes, our enterprise decision management (EDM) software helps corporates make critical operational decisions for staying ahead, Fair Isaac CEO Mark N. Greene told IANS. EDM combines data, analytics and business rules into systems that automate and improve decisions. When integrated with the client''s operating systems, the licensed software ensures decisions are consistent across the enterprise and adaptable to meet new customer demands, competitive challenges and corporate requirements.

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