Informatics targets Rs.5 bn revenue in five years. Informatics targets Rs.5 bn revenue in five years:- - Business News - Webindia123.com: "nformatics, a leading technology firm in knowledge process management (KPM), has set a revenue target of Rs.5 billion in the next five years from the Rs.450 million that it posted in fiscal 2004-05.The Bangalore-based firm, which deals with content development and e-publishing services, foresees a big opportunity in content management, information aggregation and related areas, estimated to be a billion dollar industry in India.As a leading provider of knowledge management services to premier institutions and research establishments, Informatics plans to ramp up its headcount to 1,000 people by 2010 for expanding its operations and tapping the growing business potential. It currently has about 100 employees, with an additional 250 people operating from their respective homes.The company's workforce compiles, edits and consolidates information from different sources the world over to build knowledge products for its premier customers.'The storage of knowledge is moving rapidly from print to electronic medium. We are positioned to take advantage of our skill sets built over the years to address this change,' Informatics chairman and managing director N.V. Sathyanarayana told reporters here Wednesday. With its focus on aggregating space, the company is looking at developing content for the electronic as well as print media and using its core competencies for content distribution through online and digital formats for the local and global markets.'The knowledge process outsourcing services industry is about $1 billion in the sub-continent and is expected to grow to about $17 billion by 2010, employing 300,000 professionals in the next five years,' Sathyanarayana said.The company has launched a database of 12,000 e-journals providing access to several million journal articles. Users can access the information in real-time on an annual subscription basis.'We build local content that is licensed by global information companies such as Dialog (a Thomson company), Reuters, Dow Jones and FT Online. The content is also made available to Indian corporate and academic organisations, including market research, advertising and consulting companies,' Sathyanarayana said.According to neoIT, a leader in offshore advisory and management consultants, the aggregation market is part of the $200-billion global information market."  ¶ 09:40