|
51 | NIIT Technologies
During FY 08, NIIT Technologies focused its efforts on consolidating its
operations globally. In a significant move, the company strengthened its
European management team with the appointment of two senior vice presidents to
head its UK and Continental Europe IT solutions businesses. NIIT Technologies
also acquired German-based SofTec GmbH, to strengthen its presence in the
travel, transportation, and logistics verticals. This was also the year the
company unveiled its multi-faceted software as a service (SaaS) offering.
|
 |
n
Partners with Ramco and C-DAC
n Managed
Services deliver centers in Mumbai and Delhi facilities were
certified with ISO 27001 standards and ISO 20000 for IT Services
Delivery standards |
|
l President & CEO: Arvind Thakur l
Start-up Year: 2003 l Products & Services:
Application development and management, migration, enterprise
solutions, and business process management l Employees: 5,118
l Address: 8, Balaji Estate, Sudarshan Munjal Marg, Kalkaji,
New Delhi l Tel: +91-11-26482054-2 l Fax: +91-11-26203333 l
Website: www.niit-tech.com |
52 | Mascon Global
Mascon global acquired two US firms Jass & Associates and SDG for $55 mn to
expand its global operations. These helped Mascon to have a major partnership
with Cisco and also enabled the company set up a global delivery solution for
GE. The company also signed a strategic partnership with Chicago-based mobile
transaction player C-SAM to strengthen its IP led strategies. Greater Pacific
Capital announced a strategic investment of $27 mn for 14.9% stake in Mascon
Global during the year.
|
 |
n
Joined IMS Forum
n Featured in Gartners
Magic Quadrant for North American Offshore Application Services
Providers, 2007
|
|
l Chairman and CEO: Sandy K Chandra l
Start-up
Year: 1991 l Products & Services: Software development and
maintenance, R&D, customer support, professional IT staffing,
and consultancy service l Employees: 4,000 l Address: B8/10 Vasant Vihar, New Delhi-110057 l
Tel: +91-11-26154991 l Fax:
+91-11-26153441 l Website: www.mgl.com |
53 | Genpact
During the year, Genpact went public and mopped up $494.1 mn through an IPO of
35.2 mn shares. Post the IPO, GEs stake in the company came down to 23% from
28%, and the combined holding of General Atlantic and Oak Hill Capital Partners
reduced to 52% from 60%. IT and IT services accounted for 25% of its total
business. Infrastructure and implementation businesses each accounted for half
of this. GEs concentration is higher in IT business as compared to the BPO
business.
|
 |
n
GE accounted for the biggest revenue
contribution in the IT business
n Released its GenLean upgrade toolkit to
accelerate SAP software upgrades
|
|
l President & CEO: Pramod Bhasin l
Start-up
Year: 1997 l Products & Services: Finance and accounting,
collections and customer services, insurance services, supply
chain and procurement, banking operations, analytics,
enterprise application services, IT infrastructure services,
and reengineering services l Employees: 25,366 l Address: DLF
City, Phase V, Sector 53, Gurgaon-122002 l Tel:
+91-124-4022000 l Fax: +91-124-4022205 l Website:
www.genpact.com |
54 | Symantec India
Symantec expanded its R&D and technical operations in India with the opening of
its second R&D facility here. The Centre of Innovation at Chennai would play a
critical role in the development of Symantecs next generation security and
availability products, as well as solutions for enterprises and consumers across
the world. On the business front, HDFC Bank entered into a $7.4 mn, three-year
strategic enterprise level agreement with Symantec for IT compliance, enterprise
security, and storage management solutions.
|
 |
n Appointed Shantanu Ghosh as the vice president
for India Product Operations
n Launched new products, Symantec Endpoint
Protection 11.0, Symantec Network Access Control 11.0
|
|
l Managing Director: Vishal Dhupar l
Start-up
Year: 1999 l Products & Services: Security, storage software
and services l Employees: 2,600 l Address: 403/503, C Wing,
Fortune 2000, Bandra Kurla Complex, Bandra (East),
Mumbai-400051 l Tel: +91-22-66950227-30 l Fax: +91-22-66750398
l Website: www.symantec.com |
55 | Xenitis Infotech
This was the first full year completed following the demerger of the original
company, and the turnaround was perfect. New components were added in FY 08,
which included motherboard, TFT, and memory units. The company also launched its
lowest priced laptop, at sub-15k, and a mobile at Rs 499. Xenitis Infotech got
orders for the components business worth Rs 1,000 crore for the next three
years. The company also got in to OEM arrangements with four big mobile handset
players.
|
 |
n SBI picked up 4.6% equity stake in the company
n Added close to 50 OEM partnerships
|
|
l Chairman: Santanu Ghosh l
Start-up Year: 2004
l Products & Services: Hardware products l Employees: 775 l
Address: Central Plaza, 2/6, Sarat Bose Road, 4th floor,
Kolkata l Tel: +91-33-24858012-18 l Fax: +91-33-24858018
l Website: www.xenitisgroup.com |
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