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44|Syntel India : Syntel-ating
Tale
Notwithstanding the US slowdown and its impact on tier-2 IT
services companies, Syntel hiked its market guidance for the coming
quarters. The secret behind the companys positivism is the way
Syntel has managed to balance its four offerings: applications
outsourcing (68.2%), BPO (14.7%), e-business services (12.3%), and
team sourcing consulting (4.8%).
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Keshav R
Murugesh, President & COO | |
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 |
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Highlights
u Major
push in Europe (it accounts for 5% of the overall revenues),
with appointment of new head of operations
u Added 25 clients last
year, with the largest client accounting for 18% of the
overall revenues
u Started construction on
new Chennai campus
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l
Start-up Year: 1992 l Products &
Services: IT services, BPO l
Employees: 11,709 l Branches: 34
l Address: Unit 69, SDF III,
SEEPZ, Andheri (East), Mumbai-400 096 l
Tel:+91-022- 4047 0100 l
Fax:+91-022- 2829 1179 l Website:
www.syntelinc.com |
BFSI continued to be the mainstay
for Syntel, accounting for 65% of revenues. The company also made
impressive moves in healthcare (15%). Syntel has been continuously
improving on the onshore-offshore ratio (current 29:71), especially
with IT services where the onshore ratio is a bit higher. However,
with the top 10 clients, including American Express, Daimler,
Lowes, JP Morgan Chase, Oracle, and FedEx contributing 70%, any
significant loss from a key customer could terribly upset Syntels
applecart.
Though Syntel too is an American
company, with a predominantly Indian delivery arm like its DQTop50
peer Cognizant, unlike the latter, this company made a few bold
moves on the domestic front. Its big win of Reliance Money as a
client bears ample testimony.
45|Teledata Informatics :
Education Pays
After restructuring, Teledata Informatics has reported
standalone revenue for our survey, which explains its exit from the
DQTop20 list. The low-profile company has grown primarily by
providing package educational institution management and utility
software in the US and UAE markets. In India, it also executes
turnkey projects in the education sector, a notable one being the
Sarvashiksha Abhiyan in states like Gujarat, Nagaland, and Arunachal
Pradesh. The Gujarat contract was worth Rs 20 crore; another major
one being the Rs 73 crore project from the Bihar State Electronics
Development Corporation. However, after the much-flaunted Utkal
University order a few years back, it has not been able to replicate
that success in higher education.
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Gp Capt K
Balasubramanian, Chairman | |
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Highlights
u Software
for the education vertical accounted for Rs 530.5 crore while
the utility vertical brought in Rs 491.7 crore
u Developed Lighthouse,
an enterprise-wide learning management solution
u Plans to foray into the
utility sector in the domestic market
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|
l Start-up Year: 1990
l Employees: 831
l Products & Services:
e-Learning, education, technologies, and utilities software
solutions l Address: 2AB, Gee Gee
Emerald 151, Village Road Nungambakkam, Chennai-600034
l Fax: +91-44-42207051
l Website:
www.teledatain.com |
With a revenue contribution of Rs
993 crore from package software exports, Teledata stands out in the
Indian IT sector as an exporter of package software from Indianot
the traditional strength of Indian companies. USA accounted for 30%
of the companys export revenue, while UAE brought in 20%.
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