The Corridor Journal of Strategic Alliances Long Island - Global | Page 12

MANUFACTURING & TECHNOLOGY SVAM’s Global Workforce Model “Correct Shoring” Success By Vivian Leber Anil Kapoor, President and CEO of SVAM, had an epiphany some 15 years ago, after he bid on a contract to provide IT staffing at the project’s cost. He did so in the hope of winning the customer’s loyalty. However, a still lower-bid came in—from India--to win that job. Top programmers in India earn one-third the wages of their American counterparts. Kapoor pivoted to a new hybrid business model, which he terms “Correct Shoring,” and SVAM launched its IT Solutions to augment its staffing services. In the hybrid model, leadership and project management at headquarters in Great Neck, NY, would create the architecture for each new project, while the offshore (in India) and near-shore (in Mexico) technical teams would engineer it and write code. “Globalization is here to stay,” Kapoor says. Then, when 9-11 caused business to fall off a cliff, SVAM had to cut its staff from 300 to 68 people, Kapoor recalls. “I would have had difficulty surviving at all, if I had not created this offshore model. I was able not only to survive, but to grow. So instead of viewing it as sending U.S. jobs overseas, in my mind, we save the jobs here and create wealth. And we pay US taxes on all our global income, wherever we earn it.” Today, SVAM has a global network of technology professionals--45 senior managers and project leaders in Great Neck put together all the processes; then teams under a CTO collaborate at the client site. There are 300 contract programmers, systems administrators and engineers around the US, 150 in India, and 130 in Mexico. “We can work around the clock and bring the economies of the developing world here, to the customer’s benefit.” SVAM’s Solutions and Products groups leverage one another, Kapoor adds. “Seamless integration of work systems give us an edge over competition.” He cites several SVAM products as integrated solutions. StartUP NY at Stony Brook University is a client of its ProTrack Plus, an enterprise management portal. Stony Brook must manage several hundred leads for potential acceptance to the NYS-funded business accelerator 12 program (which offers sizable tax benefits to startup companies). ProTrack provides a dashboard and case management work system that tracks it all. “GROW WITH US” Started in May 1997, it helped give L.I.’s Tech Companies One Loud Voice Receives NO Government funding, and IS the voice of the Tech Companies There are 12,000 %