Keen to tap Asia-Pacific, Japan markets: CA Technologies

Las Vegas (USA), Nov 16 (PTI) Leading IT management software and solutions provider CA Technologies today said it is keen to tap the vast potential of the IT sector in the Asia-Pacific and Japan to grab over 20 per cent market share by 2015. "The Asia-Pacific and Japan ((APJ) region is our big focus. We have lined up an investment strategy for five years for the region and have implemented one year of the plan. We are confident to raise market share to the global level," CA Technologies Executive Vice President, Global Operations & Business Transformation, Adam Elster told PTI in an interview here. Elster said the company's global share of the mainframe technologies market stands at 26 per cent at present, while the Nasdaq-listed firm enjoyed a 30 per cent share globally in the portfolio management segment, besides about 25 per cent on services management front. "We are very bullish on these geographies and are striving to achieve global level of penetration here. We couldn't focus much here earlier, but have now made specific plans for these economies," Elster said. However, he did not provide any investment figures for the region. The company is eying 20 per cent of its total revenue from the APJ region over the next few years. Its revenues are estimated at USD 4.42 billion for the current fiscal. The New York-based company, which claims the majority of Fortune 500 companies are its clients list, had last month announced that it has been recognized as the worldwide market share leader in data modeling tools with a 33.4 per cent market share, more than 15 per cent higher than its nearest competitor. Elster said India as the hub of CA Tech's research and technology holds much significance and the employee numbers at its Hyderabad (India) unit superseded the manpower strength at the company's headquarters at Islandia, New York, by 10. "We have a 1,500 strong workforce at Hyderabad which will be further strengthened," he said without providing any numbers. The Hyderabad centre spans 450,000 square feet of office space and is one of largest locations of CA Technologies and plays a critical role in its overall R&D. On the global front, Elster said the company was going to hire 300 employees by next quarter. On merger and acquisition plans, he said the company has already invested USD 2 billion in the past three to five years and was always open to new acquisitions. "We constantly track about 300 companies globally and are not averse to acquisitions to augment our position," he said. The Nasdaq-listed firm is one of the world's largest information technology management software companies. It holds a large share of the about USD 33 billion IT management software market, which is estimated to be a USD 42.8 billion market by 2015. PTI