Computer Sciences to expand China workforce in 2-3 yrs

Thu Sep 2, 2010 5:48am EDT

SHANGHAI, Sept 2 (Reuters) - Technology services provider Computer Sciences Corp (CSC.N) aims to double or triple their China presence in two or three years, the firm's Asia Pacific president said on Thursday.

CSC, which makes about 40 percent of its revenue from government contracts in North America, said the fastest growing areas for the business in China was in the healthcare and financial services sectors.

"We are only 500 people today out of 95,000, but the intent is to absolutely grow our business here very quickly," Mike Shove, the firm's Asia Pacific president, told Reuters.

"We will double and triple the headcount over the next two or three years, that will give you a sense," Shove said.

CSC develops specialised software for multinationals and governments as well as provides consultancy services.

Shove said the firm's current customer mix in China was 50-60 percent multinationals with the remaining being state-owned enterprises, government bodies and local companies.

He said over the next three years, he expects the mix to change to about 30 percent in each customer segment.

CSC has worked with Chinese healthcare firm Mindray Medical (MR.N) and Lenovo (0992.HK), the world's No.4 PC maker.

(Reporting by Melanie Lee and David Lin; Editing by Jacqueline Wong)

((melanie.lee@thomsonreuters.com; +86 21 6104 1778; Reuters Messaging: melanie.lee.thomsonreuters.com@thomsonreuters.net))

((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: CSC/

(C) Reuters 2010. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.