Small & Midsized IT companies are the real backbones of the IT Industry says Jayesh Ranjan
MyGo Consulting, a Chicago based boutique SAP gold partner that specializes in Supply Chain & Enterprise Mobility opens its Hyderabad office. The office was formally inaugurated by Mr Jayesh Ranajan, Principal Secretary IT, Govt of Telangana on Saturday at Madhapur.
Addressing the gathering, Jayesh Ranjan said, though we often mention Google, Amazon, Microsoft and other top IT companies have their offices in Hyderabad for a recall value, but, it is the small and mid-sized companies like MyGo Consulting that are a real backbone for the IT industry to flourish in Telangana. They are the backbone of the IT Industry in the state. Without them, the industry would collapse. They are the bread and butter of the IT Industry. They are unique for their work and they provide more employment.
Speaking further Jayesh added that MyGo is a different company. It has clientele in diverse countries in diverse sectors. I will take it as an example as it is a different kind of company. Starting with a few, it has grown so fast in the last ten years, he said.
Giving his opening remarks, Mr. Seshu Maramreddy, CEO of MyGo said they chose Hyderabad over other locations in India to foray into because of the availability of abundant talent in the local market. Hyderabad has emerged as a major city in the world. Today it is globally recognised. It is known for reliability and stability.
The new office spread over 9000 sq. ft. is opened with an investment of INR 30 crore with a resource strength of 100 plus, shared Mr. Seshu Reddy and further added that they would be eyeing pan Indian market for the expansion by the year 2025 and would generate employment to 800 to 1000 more people.
Mygo provides SAP-centric consulting, support, staffing, and training services. The company was founded in 2011 with the simple idea of providing a strong package of support and consulting services for SAP customers, both remotely and on-site, at an affordable rate, without compromising on quality. MyGo also develops proprietary SAP enhancement products. Their SAP add-on component for the industry provides a single integrated platform that solves the vexing problems posed by multi-vendor, heterogeneous IT environments, he added.
Located in Hitech City Madhapur, opening of this office is a dream come true for us, he said. Ranjit Reddy, MP said that Hyderabad is reckoning IT exports. It has clocked 1.5 lakh crore in exports and stands proud two after Bangalore. And it is most likely to surpass Bangalore and push itself to a numero uno position.
Mr MSK Prasad, Indian Cricketer and former BCCI Selection Committee Chairman and Mr. Shekar, an Indian origin Jamaican Industrialist also participated in the inaugural function.