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PRESS RELEASE

 
  PRESS RELEASE

PUNE COMPANY MAKES FRONT PAGE HEAD LINES IN THE JAPANESE MEDIA

On 20th August, the front page of the most widely read business daily in Japan, Nihon Kezai Shimbun, printed a story of a company’s unique business model of providing bi-directional training and solutions to Japanese companies. The story talks about a company’s business model which has been helping Japanese corporate to do business with India.

This company is Softbridge Solutions, based in Pune, Singapore & Tokyo. This is proven to be a successful example of the growing Indo – Japanese business partnership.

India’ IT exports to Japan is merely 3% as compared to over 60% to USA. Whilst most of Indian IT companies complained about Japanese language and culture as a big barrier to enter the 2nd largest IT market in the world, 2 young Indians saw this as an immense opportunity to build their business with Japan.

The bi-directional training is, grooming Indian engineers in Japanese language & culture and also training Japanese companies in English, Cross Culture and IT. This has allowed both the economies to overcome the business barriers. This unique business model has resulted in reaching revenue of USD 2.5 million in its third year of operations for the company.

Says Prashant Devatraj, founder director of the company “We realized the potential of the Japanese IT market 4 years ago and saw business synergy between India’s IT talent and requirements of Japan” adds further, “In the past 2 years we have groomed over 60 software engineers in Japanese language & Culture presently deployed on-site at various Japanese IT companies and we have another 35 engineers presently undergoing training in Pune”


“Our innovative India-2-Japan (I2J) and Japan-2-India (J2I) programs which comprehensively cover all aspects of technical, local methodology, language and cultural exchange have been highly appreciated by our Japanese clients which include respected companies like Toshiba, Toppan, Hitachi, Sanyo, Yokogawa and many others” said Mr. Prashant Devatraj, at the commencement of the new batch of the I2J program.”

Softbridge has been successful in breaching the legendary language and cultural barriers that outsiders face in Japan. All programs are designed and developed in Japan and delivered in India by Japanese faculty. “A correct insight into Japanese work culture, language and development methodology is the key to our success” says Ms. Yuki Fukushima, the Training Manager at Softbridge, who herself comfortably straddles this divide having worked in the US as a currency dealer and a trainer teaching Japanese to Americans. While she appreciates the enormous differences involved, she is impressed by the multilingual skills of Indian professionals.

“When most IT companies saw Japanese language training as an expense, Softbridge Solutions considered this as an investment”

These initiatives have received enormous media appreciation in Japan continuously. It has featured regularly in the Japanese media including TV Tokyo, Nikkei Business Magazine, Mainichi Shimbun and Nihon Kezai Shimbun.

Says, Mr. Prashant Jain, the President & CEO, “Our mission is to be a lead player in Japanese market and to promote ‘brand India’ as the most preferred training and offshoring destination for Japan” adds further “This will enable Indian IT industry to look beyond US and European markets and make foray into the world’ second largest market”.



 
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