Promoters of CMS raised $22.5 mn during the year, approximately half in debt and equity, by diluting 10% of their equity stake to International Finance Corporation (IFC). CMS used the fund primarily to enhance its remote infrastructure management business as well as expand some of its services to the global market by building a NOC. Nearly 96% of its revenues came from India. A corpus of around Rs 100 crore was earmarked to expand markets of South-East Asia, and to extend national reach to more than 180 cities.

CMS had several marquee clients in its kitty especially from the government domain. By virtue of its JD Edwards expertise, CMS also became a premier Oracle implementation partner in the country. Though the training business at Rs 34 crore was relatively stagnant, CMS Training Institute became the official training partner for Red Hat in India.