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Transcript of internship
According to NASSCOM, the sector aggregated revenues of US$100 billion in 2012, where export and domestic revenue stood at US$69.1 billion and US$31.7 billion respectively, growing by over 9%.Information technology is playing an important role in India today & has transformed India's image from a slow moving bureaucratic economy to a land of innovative entrepreneurs .
The IT sector in India is generating 2.5 million direct employment .India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country . The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Kolkata, Hyderabad, Trivandrum, Noida, Mumbai and Pune. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter. Exports dominate the industry and constitute about 77% of the total industry revenue.
However, the domestic market is also significant with a robust revenue growth. The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Cognizant, Wipro and HCL Technologies.
To excel and achieve a niche position in the field of training and development by enhancing the methods of training delivery, achieving higher levels of trainee reaction, learning and positive behavioral change and generating greater levels of ROI for the clients, through training.
To achieve a position among the top Ten training service providers by 2015 in all fields of IT Technologies – Functional and Technical.
ABOUT MAXMUNUS SOLUTIONS PRIVATE LIMITED :
Maxmunus Solutions Private Limited is a Private Company incorporated on 04 February 2005. It is classified as Indian Non-Government Company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 100,000 and its paid up capital is Rs. 100,000.
Maxmunus Solutions Private Limited's Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on N/A. Its registered address is 421/A, Jai Plaza Elegence, 3rd Floor 80 Feet Road, 6th Block, Koramangala, Bangalore - 560095, Karnataka INDIA.
There are 2 directors of Maxmunus Solutions Private Limited. •Akash Kumar Asthana•Suryadeo KantCurrent status of Maxmunus Solutions Private Limited is - Active.
MaxMunus is an emerging end to end SAP training solution focused on training for companies that have captive, in-house or specific technology based training requirements. They have a sum of 1460 employees
Corporate training sectorBasis ABAP/4 Programming
FI (Financial
Accounting)
CO (Controlling)
EC (Enterprise Controlling) HCM (Human Capital
Management))
IM (Investment Management) Logistics Information
System
SD (Sales and Distribution) XI( Exchange
Infrastructure)
PP (Production Planning) CS (Customer Service)
BW (Business Warehousing) PS (Project Systems)
CA (Cross Application
Components)
SCM (SAP Supply Chain
Management)
My SAP Product Life Cycle
Management
PM( plant maintainance )
EHS (Environment health and
safety)
My SAP (Supplier
Relationship
Management)
APO (Advance planning
optimization)
My SAP(Customer
Relationship
Management)
IS / SAP for Industries specific
solutions
Net weaver
My SAP (Strategic Enterprise
Management)
Is Retail
Services of company• Cutting edge training delivery
• Training at the comfort and the facility of clients choice.
• Customized training
• Evaluvation methodology
• Real time exposure for freshers
•Training on functional modules of SAP
• Technical modules of SAP
• Industry specific modules
• Oracle packages
• Microsoft packages
• Other technologies
Market share is said to be a key indicator of market competitiveness—that is, how well a firm is doing against its competitors. "This metric, supplemented by changes in sales revenue, helps managers evaluate both primary and selective demand in their market.
15%
Market share of Maxmunus :
Annual turnover of Maxmunus for the financial year 2013-2014 is 20 crores.
Human resource department :
The human resources or personnel department is responsible for hiring employees and ensuring that they get the proper training to perform their jobs. Human-resources professionals establish pay scales for all employees, basing salaries on comparable compensation packages in the industry. They also perform the following activities.
• Handling discipline and grievance procedures• Performance appraisal• Recruitment and selection
Finance and accounting department :
Accounting professionals work in one of three areas: accounts receivable, accounts payable and payroll. Accounts-receivable specialists track the debts owed to the company. These professionals prepare and send invoices to apprise clients when payments are due. Accounts-payable employees track payments that the company owes, including amounts owed for repair and maintenance vendors. Payroll specialists ensure that employees are paid on time.
It also helps management in following decisions:•How to reduce costs•How to raise profitability•Tax liability
They also undertake following activities:•Transaction recording•Costing system•Budgeting system
Marketing department :
Marketing professionals determine that the services of company are promoted in marketplace . This helps the company to better align its strategies. Marketing managers decide which types of advertising and promotions company should use .
They also undertake following activities :• Identifying potential customers• Analysing customers• Enhance customer experience• Informing potential customers about their new services• Conducting marketing research• Building employee -customer relations.
STRENGTHS :
• Certified professionals• Technological skills• Strong ethics• Leading corporate clients• service quality• effective management• cost effective• skilled professionals
WEAKNESS
• Low customer retention• Expensive software solutions• Change in industry trend• Change in government policies
SWOT analysis of Maxmunus :
OPPORTUNITIES
•Expand services and software divisions•Changing customer tastes•Technological advances•Increasing demand of software services•Emerging markets
THREATS•Continuous upgradation requirements•Technological advances•Changes in government policies•Increasing competition•Rise in tax rates