Koenig eyes multi-billion dollar IT training market in US

Tags: IT
Offshore IT training firm Koenig Solutions is eyeing over $6 billion IT training market in the US.

The firm is targeting the US training market through its Live Virtual Classroom (LVC) training model, which it claims reduces the cost-to-company for organisations that plan to impart training to their employees.

"We hit upon this idea after our first strategy to invite foreign professionals to our centres in India and Dubai found success. Such a programme will not only will help us gain professionals who don't want to travel so far to India," Koenig Solutions CEO and Founder Rohit Aggarwal told PTI.

This helps such professionals invest on training and cut unnecessary expences and travel. Besides, for firms it helps in cutting costs of travel and lodging and concentrate on the training part, he added.

"We are opening a sales office in California (Sunnyvale) this month and have taken on-board Gregg Hall, who is our Corporate Sales Manager for the US market," Aggarwal added.

This is not Koenig's first overseas market, the firm has also ventured into Africa.

In the 2013-13 fiscal, the firm got a total order value of over $7 million from African government authorities (including governments of Nigeria, Tanzania, Zambia and Lesotho), Aggarwal said.

Koening's turnover stood at around Rs 70 crore in the last financial year.

It has till date trained and certified close to 30,000 foreign students from about 50 countries.

Koenig offers over 1,000 IT courses under one roof and is the approved training partner of leading tech firms like Microsoft, Oracle, Adobe, VMware, Cisco, Citrix, Red Hat, Autodesk, SAS , Android among others.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: Future in your hands

A common reference point as to why people believe the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture