Foiwe aims 40 per cent growth in revenue in next 2-3 years


KOLKATA: Foiwe, an information technology (IT) and ITES organisation providing services in the areas of outsourcing, consulting, technology, content moderation and social media management, aims to report at least 40 per cent growth in revenue in the next 2-3 years.

 ?We have had a steady growth in the past and so in the next 2-3 years, we expect 40 per cent growth in terms of revenue if not more. We have some new contracts in the pipeline for 2015,? said Foiwe founder and managing director Suman Howlader.

 The primary focus area for the company is its enterprise content management and moderation services. Users across the globe are generating billions of kilobytes of content and are publishing over the internet in various forms such as text, images, videos, blog posts, reviews, feedback etc.

 ?Sometimes users may generate bad content which can potentially impact the brand reputation. To safeguard brands online, it is important that these user generated contents on website, forums or blogs are appropriate and managed well. When user generated contents are controlled efficiently, one?s online presence becomes more credible amongst its users,? he added.

 ?Currently we have a team of about 60 computer engineering graduates as employees and we are still hiring. The 100th recourse should be onboard by mid 2015,? he said.

 The team comprises experienced technologists and consultants working on complex business problems. ?We help our clients to support more than 90 million end users across the globe,? informed Howlader.

 With its headquarter in Bangalore, Foiwe has its other two offices in Kolkata and Ahmedabad. Foiwe organises its services and people in these three primary cross-functional groupings.

 ?We are in the process of having another branch office near Kolkata by end of 2015. We are also planning for our presence in USA and Europe by 2016,? he concluded.

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