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Ciber Chief Executive Officer David Peterschmidt said, “The statement by the senator is part of political game during the election period in the US. We CEOs are not worried about the ban. We will not hear anything like these after the mid-term polls.”
Ciber enjoys major chunk of US governmental IT deals. The government sector alone contributes to about 10 per cent of it’s overall revenue. “I don’t thing the ban will affect our revenue. We will continue off shoring projects. India is an important place for us. India is not only a low cost destination, we are here for the talent,” Peterschmidt said.
The company, which has invested over $50 million so far in India, is planning to expand its operations. It recently opened a new facility that can accommodate 250 employees. It employs 1,000 people in India currently.
Ciber is planning to invest in newer technologies like cloud computing and service based offering. It has presence only in South India and is looking at Tier-2 locations across India for expansion.