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Thursday, Aug 10, 2006

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Mu Sigma to expand India operations

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Bangalore, Aug. 9

The Chicago-based Mu Sigma, an analytics services provider, said it would invest $5 million in expanding its India operations over the next 18 months. Mr Dhiraj C. Rajaram, Founder and CEO, Mu Sigma, said the company plans to use the capital to double its headcount and set up a facility that would house some 250 people.

Mu Sigma uses the global delivery model to offer analytical decision support services to clients across multiple verticals. Mr Rajaram said that over the next three years, the company aimed at building a 500-person organisation that would serve about 15 clients.

Each client would have a dedicated unit of about 30 analysts, who would form an offshore analytic centre of expertise. Further, the company proposes to set up Mu Sigma University that would use a rigorous curriculum in statistics, econometrics and operations research to nurture potential talent in the analytics space.

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