Research and Markets: Indian Bioinformatics Services Outsourcing Revenues Will Touch...
Research and Markets: Indian Bioinformatics Services Outsourcing Revenues Will Touch USD 62 Million By 2010 DUBLIN, Ireland--(Business Wire)--Research and Markets (http://www.researchandmarkets.com/reports/c77667) has announced the addition of "Bioinformatics Outsourcing for Life Sciences: India Opportunity" to their offering. Bioinformatics - Surfing the outsourcing wave Research companies around the world now feel the need for enormous computing and data management competencies to sequence and categorize data generated by drug-discovery labs. To facilitate the storage, management, retrieval, and analysis of this large-scale data, the application of IT to the life sciences sector - bioinformatics, assumes increasingly higher significance. The use of bioinformatics tools helps to lower costs, improve efficiency and reduce the development-to-launch timelines. The drive to further reduce R&D costs by off-shoring to low cost destinations is fuelling the outsourcing of bioinformatics services to India. This report analyses the Indian vendor landscape for bioinformatics services based on services capabilities, team quality, market experience and other parameters. It has recognized four vendors as potential winners - Ocimum Biosolutions, Tata Consultany Services, Jubilant Biosys and HCL Technologies. Key Report Findings: The research projects that: -- Indian bioinformatics services outsourcing revenues will touch USD 62 million by 2010. -- Pure play bioinformatics vendors offering only discovery informatics will expand into clinical trials informatics, and / or life sciences research. IT companies and Life Sciences service companies will increase focus on bioinformatics services. -- Vendors will strive to provide niche services or offer an enterprise IT solution to clients. -- Indian vendors will explore inorganic growth options or varied partnering strategies to expand domain knowledge, service offerings and client reach. Topics Covered: -- Definition and Role of Bioinformatics -- Bioinformatics Market - Outsourcing Opportunity -- Indian Vendor Analysis -- Projections, Trends and Insights -- Vendor Profiles -- Appendix: Related Information -- Vendor Directory -- Research Methodology -- About the Author -- About the Author Companies Mentioned: -- Apticraft Systems -- Avestha Gengarine Technologies -- Biobase Databases India -- BioImagene -- BioMakro -- Brainwave Solutions -- Caliber Technologies -- Cognizant Technology Solutions -- Cytogenomics India -- Dr. Reddy's Laboratories -- Genepixels -- Genotypic Technology -- GVK Biosciences -- HCL Technologies -- Helix Genomics -- IBM India -- Ilabs -- Infosys Technologies -- Ingenovis -- Jalaja Technologies -- Jubilant Biosys -- LabVantage Solutions India -- Landsky Solutions -- Mascon Global Persistent Systems -- Molecular Connections -- Mphasis SAS India -- Ocimum Biosolutions -- Satyam Computer Services -- Siri Technologies -- Strand Life Sciences -- Sun Microsystems India -- SysArris Software -- Tata Concultancy Services -- TATA Elxsi -- Technoconcept India -- Thinkgen -- Vlife Sciences Technologies -- Wipro Technologies -- Wockhardt For more information, visit http://www.researchandmarkets.com/reports/c77667. Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2007
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