THE TOP-3 INDIAN IT GIANT Presented by: Manohar Prasad
Indian Software Industry Tremendous success for the emerging economy. Total employment of around four million people. Exports reached total revenues of 46,100 crores. Accounts for 7 per cent of Indias total GDP. As per NASSCOM, the Indian IT exports are anticipated to attain US$ 175 billion by 2020. The export and domestic IT sector are expected to attain profits amounting to US$ 225 billion.
The top-3 IT Companies of India Tata Consultancy Services Ltd. Infosys Technologies Ltd. Wipro Technologies Ltd.
Tata Consultancy Services Ltd. Established in 1968 by Tata Sons, is the largest Indian IT services company and one of the top 10 global IT services company. Besides IT services, it also provides IT enabled Services (BPO), Software Products, and Engineering and Industrial Services (EIS). It employs over 1,90,000 of the world’s best trained IT consultants in over 42 countries. It generated revenues of $6.3 billion for the fiscal year ended March 31, 2012 and is listed on the NSE and BSE in India.
Key Business Areas IT Services – Rich technology skills and integrated processes, delivered across the world with unparalleled quality. Business Solutions – Comprehensive strategies, extending from analysis to solution, drawing upon functional and industry knowledge. Outsourcing – superior, scalable services and programmes, from optimizing discrete functions to manage entire business solutions and service areas with reduced risk and cost.
Global Network Delivery Model• Execution by a talented, scalable professional force• On-site, domestic, and offshore staffing• Broad technology and domain expertise• Effective and scalable talent management• Delivery through a network of integrated, global development centers• Multi-continent and interconnected development centre network• State-of-the-art, redundant telecommunications network• Global collaboration tools.
Infosys Technologies Ltd. Infosys was founded in 1981 by seven people . A large software company, specializing in customized software & development solutions. It provides business consulting, systems integration and application development to multinational companies. Infosys’ leadership plotted a course for growing the company from $1 billion in annual revenues to $3 billion by 2007. Infosys has over 40 offices and development centers in India, China, Australia, the Czech Republic, Poland, the UK, Canada and Japan. Infosys has more than 91,000 employees.
First Indian company to be listed on the NewYork StockExchange. It reported a consolidated net profit of US$152.1 million for the quarter ending March, 2011.
Factors for Success Delivering locally relevant business value Building the brand Coherent Market Strategy Investing in Expertise Global Sourcing Enterprise Solutions Moving beyond Application Development
Wipro Technologies Ltd. Wipro Limited was established in 1945 and commenced its operations in 1946. Wipro has 40+ ‘Centers of Excellence’ that create solutions related to specific needs of Industries. Over 9000+ software professionals spread across 21 Development Centers across the globe. Profit After Tax was at a record Rs. 8.9 billion representing an increase of 32% over previous year.
Difficulties encountered by IT giant Build the Culture Project selection Training Resources Project Reviews Accelerated development Succession management Screening and assessment
Conclusion It is recognized fact that we cannot survive in tomorrow business’s world with yesterdays technology and hence the continuous innovation of the technology is prime need of today’s organization.
Bibliography & Webliography Annual Report of Infosys FY2010-11. Annual Report of Wipro FY2010-11. Annual Report of TCS FY2010-11. www.isixsigma.com www.wipro.com www.infosys.com www.wikipedia.com www.tcs.com www.ittech.com