7/29/2019 The IT

1/34

The IT & ITes sector includes IT services, engineering design and R&D services, ITES (IT-enabled services)

or BPO and hardware.

Today IT and ITeS sectors lead the economic growth in terms of employment, export promotion,

revenue generation and standards of living. As per NASSCOM estimates, IT/ITeS sector (excluding

hardware) revenues are estimated at USD 87.6 billion in FY 2011-12; and the industry is expected togrow by 19 per cent during FY 2012-13.

The IT/ITeS sector has led to employment opportunities, both direct and indirect, of nearly 2.8 million

and around 8.9 million respectively. This growth is expected to increase to more than 14 million (direct

and indirect) by 2015 and to around 30 million by 2030.

The market size of the industry is expected to rise to USD 225 billion by 2020 considering India's

competitive position, growing demand for exports, Government policy support, and increasing global

footprint.

IT/ITeS industry has led India's economic growth and this sector's contribution to the national GDP hasrisen from 1.2 per cent in 1997-98 to an estimated 7.5 per cent in 2011-12.

IT/ITES industries are highly localized and clustered in seven cities as of today. These are: Bangalore,

Hyderabad, Chennai, Gurgaon/Noida/New Delhi, Kolkata, Mumbai and Pune. Infrastructure limits and

scarcity of land has recently led to expansion to newer places like Ahmedabad, Bhubaneshwar,

Chandigarh, Coimbatore, Jaipur, Kochi, Madurai, Mangalore, Mysore and Trivandrum.

Introduction to the terms:

Information Technology (IT) is defined as the design, development, implementation and management of

computer-based information systems, particularly software applications and computer hardware.Today, it has grown to cover most aspects of computing and technology. The largest firms globally

include IBM, HP, Dell and Microsoft.

The Information Technology-Enabled Services (ITES) industry provides services that are delivered over

telecom or data network to a range of external business areas. Examples of such business process

outsourcing (BPO) include customer service, web-content development, back office management and

network consultancy etc.

Factors leading to growth in the IT/ITes sector are:

Low operating costs and tax advantage.

Favourable government policies.

Technically qualified personnel easily available in the country.

Rapid adoption of IT technologies in major sectors as Telecom, Manufacturing and BFSI.

7/29/2019 The IT

2/34

Strong growth in export demand from new verticals and non-traditional sectors as public sector, media

and utilities.

Use of new and emerging technologies such as cloud computing.

SEZ as growth drivers; as more of SEZs are now being set up in Tier II cities and about 43 new tier II/III

cities are emerging as IT delivery locations.

All these factors have given IT/ITES industry in India a strong competitive position with high market

share.

Employment trends

As per the Economic Survey 2011-12, the IT/ITeS industries has added 7.96 lakh jobs in one year, in the

period ending September 2011. According to NASSCOM, employee base in the rural areas is expected to

increase by over 10 times by 2013-14, compared to 5000 in 2009-10.

According to a customer poll conducted by Booz and Co, India is the most preferred destination for

engineering offshoring, which are encouraging foreign companies to offshore complete product

responsibility to Indian ITeS companies.

Hyderabad is fast becoming the IT/ITes hub of India with new players hankering to get a foothold here,

and existing players continuing to hire aggressively. Large companies such as Infosys, TCS, Genpact,

Deloitte, Facebook, Bank of America, Thomson Reuters, Amazon, Google, Cognizant, Franklin Templeton

among others, are growing their presence in the state. According to Andhra Pradesh Government's

estimates, the total IT/ITeS sector hiring for 2012-13 could be at about 50,000 professionals.

Internet trends

More recently, online retailing, cloud computing and e-commerce are leading to rapid growth in the IT

industry. Online shopping is fast gaining popularity with the emergence of internet retailing and e-

commerce.

According to the Internet and Mobile Association of India (IAMAI) the number of Internet users in the

country is more than 121 million, out of which 17 million are online shoppers. Increasing internet

penetration and affordability for personal computers has led to this rapid numbers, and these are

expected to triple by 2015.

According to IAMAI, online sales of branded apparel almost doubled in volume to 4.99 million piecesduring April 2012, as against 2.54 million in the same month a year ago. Also, E-ticketing continued to

grow with irctc.com recording 5.56 million bookings in April, 2012, as compared to 2.26 million bookings

in April 2011.

7/29/2019 The IT

3/34

Government Initiatives

In the twelfth Five Year Plan (2012-17), the Department of Information Technology proposes to

strengthen and extend the existing core infrastructure projects to provide more horizontal connectivity,

build redundancy connectivity, undertake energy audits of State Data Centers (SDCs) etc. The core

infrastructure including fibre optic based connectivity will be leveraged and additional 150,000 CommonService Centres (CSCs) will be setup to create the right Governance and service delivery ecosystem at

the Panchayats

//

MIS professional

A management information systems (MIS) professional collects, analyses data and provides information

in formats that can be used by different departments of an organization accordingly.

What's it about?

A management information systems professional is someone who collects data from multiple sources in

an organisation, compiles it, organises it in useable formats, and then does the calculations as per

departmental needs.

Clock work

9 am: Compile all figures (sales/ HR/ marketing), depending on my domain

10 am: Sort out and arrange these

11 am: Do the calculations to compute monthly, weekly or quarterly figures

3 pm: Meet with the management to give presentation

6pm: Study the figures to look for eye-catching trends reflected by the figures.

The payoff

7/29/2019 The IT

4/34

At an entry level, one can start anywhere between R3 to R4 lakh per annum. If you are a qualified CA or

MBA from an institute of repute, you can earn about R6 lakh to R8 lakh per annum. With experience,

your salary can rise depending on the company you work for.

Skills

You need sound analytical skills

You have to have a good head for numbers

You have to master the ability to stay calm and collected under pressure. Sometimes the work seems

unending and no sooner have you finished pending tasks you discover more have piled up

You have to be well versed with computer tools such as MS Office, ERP software (such as SAP-BI) and

excel in power point presentations

Pros & cons

Work is satisfying because you directly contribute to the companys decision-making process.

Life gets hectic in MIS. Work pressure can drain you at times.

You remain in constant touch with the top management, a privilege not every one gets in the company

///

A

Abacus Computers Ltd

Abee Info-Consumables Ltd

ABM Knowledgeware Ltd.

Accel Transmatic Ltd

ACE Software Exports Ltd.

7/29/2019 The IT

5/34

ACI Infocom Ltd

Adam Comsof Ltd

Adam Comsof Ltd.

Advent Computer Services Ltd.

Aftek Ltd.

Agilent Technologies

ALLIANCE CONSULTING

Allied Computers International (Asia) Ltd.

Altos India Ltd.

Ancent Software International Ltd.

AOL Online

Apis India Ltd

Aplab Ltd

Applied Materials, Inc.

Aptech Ltd

Archana Software Ltd

Arms Paper Ltd

Arraycom (India) Ltd.

Asia H R Technologies Ltd

Asian Electronics Ltd

Asian Films Production & Distribution Ltd

Asit C Mehta Financial Services Ltd

Ask Me Info Hubs Ltd

ASM Technologies Ltd

ASTIR IT

7/29/2019 The IT

6/34

Astro Bio Systems Ltd

Atos Origin

Atrenta

Aurionpro Solutions Ltd.

Avance Technologies Ltd

Avantel Ltd

AXIS-IT&T Ltd.

Axon Infotech Ltd.

Aztecsoft Ltd.

B

B2B Software Technologies Ltd.

Bangalore Softsell Ltd.

Baron Infotech Ltd.

Bartronics India Ltd.

Bathina Technologies (India) Ltd

Birla Shloka Edutech Ltd

BITS Ltd

Blue Star Infotech Ltd.

Bombay Talkies Ltd

Brels Infotech Ltd

Bristlecone

C

Cadence

California Software Company Ltd.

Cambridge Solutions Ltd.

Cambridge Technology Enterprises Ltd.

7/29/2019 The IT

7/34

Canon

CAT Technologies Ltd.

Cauvery Software Engineering Systems Ltd.

CCS Infotech Ltd.

Cerebra Integrated Technologies Ltd.

CG VAK Software Ltd

Chakkilam Infotech Ltd

Choksh Infotech Ltd.

Clio Infotech Ltd

CMC Ltd.

CNI Research Ltd.

Color Chips (India) Ltd

Compare Infobase

Compuage Infocom Ltd.

Compucom Software Ltd

Compudyne Winfosystems Ltd.

Comp-u-Learn Tech India Ltd.

Compulink Systems Ltd.

Computational Research Laboratories

Computech International Ltd

Computer Point Ltd.

Computerskill Ltd.

Concurrent (India) Infrastructure Ltd

Contech Software Ltd.

COVANSYS

7/29/2019 The IT

8/34

Cranes Software International Ltd.

Crazy Infotech Ltd.

Cressanda Solutions Ltd.

Crest Animation Studios Ltd

Crystal Software Solutions Ltd.

CSC

CTIL Ltd

Cybermate Infotek Ltd.

Cyberscape Multimedia Ltd.

Cybertech Systems & Software Ltd

D

Danlaw Technologies Ltd.

Datamatics Global Services Ltd

Datanet Systems Ltd

Datasoft Application Software (India) Ltd

Datasoft Application Software Ltd.

Dell International

D-Link India

DSQ Software Ltd

DSQ Software Ltd.

Dynacons Systems & Solutions Ltd.

E

E.Com Infotech (India) Ltd

E.Star Infotech Ltd

Edserv SoftSystems Ltd

7/29/2019 The IT

9/34

EMC Corporation

Encore Software Ltd.

Enso Secutrack Ltd

Enterprise Intelligent Systems Ltd

EnterpriseDB

ERP Soft Systems Ltd

Essel Software & Services Ltd.

Essemm Information Systems Ltd.

European Software Alliances Ltd

EXL Service.com (India) Pvt. Ltd.

Ez Commerce Trade Technologies Ltd.

F

FCG

FCS Software Solutions Ltd.

FI Sofex Ltd.

Financial Technologies (India) Ltd.

Fintech Communication Ltd.

Firefly e-Ventures Limited

Flextronics Software Systems

Four Soft Ltd.

Fourth Generation Information Systems Ltd

Frontier Information Technologies Ltd.

FSL Projects Ltd.

G

Gamma Infoway Exalt Ltd

7/29/2019 The IT

10/34

Geekay Imaging Ltd.

Genesis Microchip Inc

Genesys International Corporation Ltd.

Geodesic Ltd

Geometric Ltd

Globsyn Infotech Ltd

Goldstone Technologies Ltd.

G-Tech Info Training Ltd

GTL Ltd

H

Harbor Network Systems Ltd

Hartron Networks Ltd.

HCL Technologies Ltd.

Helios & Matheson Information Technology Ltd.

Hewlett-Packard Globalsoft Ltd.

Hexaware Technologies Ltd.

Hifunda Ltd.

Hit Kit Global Solutions Ltd

Honeywell International Inc

HTC Global Services

I

I Power Solutions India Ltd

I2 Technologies

I-Flex Solutions Ltd.

Igate Global Solutions Ltd

7/29/2019 The IT

11/34

IKF Technologies Ltd.

Ind-Agiv Commerce Ltd

Indian Infotech & Software Ltd

Indo-City Infotech Ltd

Indo-Pacific Software & Entertainment Ltd

Indus Networks Ltd

Infinite

Infobahn Corporation Limited

Info-Drive Software Ltd

Infogain Corporation

Information Technologies (India) Ltd.

Informed Technologies India Ltd

Infosys Technologies Ltd.

Innovision E-Commerce Ltd

INTEGRA MICRO SYSTEMS

Integrated Hitech Ltd

Intel Corporation

Intel Technology

Intellvisions Software Ltd.

Intense Technologies Ltd.

Intertec Communications Ltd.

Interworld Digital Ltd

IOL Netcom Ltd

IQ Infotech Ltd.

IQMS Software Ltd.

7/29/2019 The IT

12/34

IRIS

IT People (India) Ltd.

ITC Infotech

ITTI

J

Jeevan Softech Ltd.

Jetking Infotrain Ltd

K

Kaashyap Technologies Ltd

Kale Consultants Ltd.

Kanika Infrastructure & Power Ltd

Kedia Infotech Ltd.

Kernex Microsystems (India) Ltd.

Kilburn Office Automation Ltd

KLG Systel Ltd.

Kolar Biotech Ltd

KPIT Cummins Infosystems Limited

Krisn Information Technologies Ltd.

KTL Industries Ltd

Kushal Software Ltd

L

Lan Eseda Inds. Ltd

Lanco Global Systems Ltd.

Lee & Nee Softwares (Exports) Ltd.

LGS Global Ltd

7/29/2019 The IT

13/34

Libord Infotech Ltd.

Logix Microsystems Ltd.

LSI Corporation

Luminaire Technologies Ltd

M

Maars Software International Ltd.

Mahindra Satyam Ltd

Mangalya Soft-Tech Ltd.

Mascon Global Ltd.

Mastek Ltd

McAfee Software

Media Lab Asia

Megasoft Ltd.

Melstar Information Technology Ltd.

Mentor Graphics

Micro Technologies (India) Ltd

Microland Ltd.

Midpoint Software & Electro Systems Ltd

Millennium Cybertech Ltd.

Mindteck (India) Ltd.

Mindtree Ltd

Moh Ltd

Monalisa Infotech Ltd

Moschip Semiconductor Technology Ltd.

Moser Baer India Ltd.

7/29/2019 The IT

14/34

Mphasis Ltd

MRO - TEK Ltd.

MYM Technologies Ltd.

N

NCC Finance Ltd

Netripples Software Ltd.

Nettlinx Ltd.

NetVision Web Technologies Ltd.

Netvista Information Technology Ltd.

Network Ltd

Nexxoft Infotel Ltd.

Nihar Info Global Limited

NIIT Ltd

NIIT Technologies Ltd.

Novell India Pvt. Ltd.

Nucleus Software Exports Ltd.

NVIDIA Corporation

O

Oasis Infotech Ltd.

Octant Interactive Technologies Ltd

Odyssey Technologies Ltd.

Omega Interactive Technologies Ltd.

Omnitech Info Solutions Ltd.

7/29/2019 The IT

15/34

Onward Technologies Ltd.

Opus Software Solutions

Oracle Financial Services Software Ltd

Org Group

ORG Informatics Ltd

Orient Information Technology Ltd.

Orpine Systems Ltd.

P

Pacific Controls

Palsoft Infosystems Ltd.

Pan India Corporation Ltd.

Panoramic Universal Ltd.

Patni Computer Systems Ltd.

PCS Technology Ltd.

Pentasoft Technologies Ltd.

Perot Systems

PFL Infotech Ltd

Phi Business Solution

Philips

Polaris Software Lab Ltd.

Popular Estate Management Ltd

Precision Electronics Ltd.

7/29/2019 The IT

16/34

Prism Informatics Ltd

Prithvi Information Solutions Ltd.

PSI Data Systems Ltd.

Q

Qatalys Software Technologies Ltd.

Qpro Infotech Ltd

Qualcomm India

Quest Software

Quintegra Solutions Ltd..

R

R Systems

Ram Informatics Ltd.

Rambus

Ranklin Solutions Ltd

Rave Technologies

Redington (India) Ltd

Religare Technova Global Solutions Ltd

Ricoh India Ltd

Rolta India Ltd

RS Software (India) Ltd

S

S Kumars Online Ltd

7/29/2019 The IT

17/34

Saarc Net Ltd

Saksoft Ltd.

SanDisk

Sankhya Infotech Ltd

Sanra Software Ltd.

SAPIENT

Sark Systems India Ltd

Sasken Communication Technologies Ltd

Sat Industries Ltd

Saven Technologies Ltd

Scintilla Software Technology Ltd

Score Information Technologies Ltd

Seshachal Technologies Ltd

Shloka Infotech Ltd.

Shonkh Technologies International Ltd

Shreejal Info Hubs Ltd

Sibar Software Services (India) Ltd

Silverline Animation Technologies Ltd

Silverline Technologies Ltd

SJ Corporation Ltd

Smartlink Network Systems Ltd

SNS Technologies

7/29/2019 The IT

18/34

Softbpo Global Services Ltd

Softech Infinium Solution Ltd

Softpro Systems Ltd

Softsol India Ltd

Software Technology Group International Ltd

Solix Technologies Ltd.

Sonata Software Ltd

Spanco Ltd

Sparc Systems Ltd.

SPEL Semiconductor Ltd

SQL Star International Ltd

Sriven Multi-Tech Ltd

SRM Technologies

Sterling International Enterprises Ltd

Stocknet International Ltd

Subex Ltd

Sun Microsystems

SunGard

Svam Softwares Ltd

Sylph Technologies Ltd

Symantec

Synplicity Inc.

7/29/2019 The IT

19/34

Syntel

Syschem (India) Ltd

T

T Spiritual World Ltd

Tata Consultancy Services

Tata Elxsi Ltd

TECH MAHINDRA

Teledata Informatics Ltd

Telesys Software Ltd

Teradata

TIBCO Software

Total Exports Ltd

Trianz

Tricom India Ltd

Trigyn Technologies Ltd

Tripex Overseas Ltd

Triton Corp Ltd

Tutis Technologies Ltd

TVS Electronics Ltd.

Twinstar Software Exports Ltd

U

Uniport Computers Ltd

7/29/2019 The IT

20/34

Usha Martin Infotech Ltd

USI

V

V&K Softech Ltd

Vakrangee Softwares Ltd

Vama Industries Ltd

Venus Universal Ltd

Vintron Informatics Ltd.

Virgo Global Media Ltd

Virinchi Technologies Ltd

Virtualsoft Systems Ltd

Virtusa

Visesh Infotecnics Ltd

Vishal Information Technologies Ltd

VJIL Consulting Ltd

VMF Soft Tech Ltd

VXL Instrument

VXL Instruments Ltd

W

Washington Softwares Ltd

Watson Software Ltd

Wipro Infotech Ltd

7/29/2019 The IT

21/34

Women Networks Ltd.

X

XO Infotech Ltd.

Y

Yodlee Infotech

Yokogawa India Ltd

Z

Zenith Computers Ltd.

Zenith Infotech Ltd

Zigma Software Ltd

///

Investments

Indian IT's core competencies and strengths have placed it on the international canvas, attracting

investments from major countries.

Between April 2000 and June 2013, the computer software and hardware sector attracted cumulative

foreign direct investment (FDI) of Rs 53,757.60 crore (US$ 7.97 billion), according to data released by the

Department of Industrial Policy and Promotion (DIPP).

More recently, online retailing, cloud computing and e-commerce are the major driving forces behind

the rapidly increasing growth in the IT industry. Online shopping has increased with the emergence of

internet retailing and e-commerce.

Some of the major investments in Indian IT and ITeS sector:

7/29/2019 The IT

22/34

Baring Private Equity Partners Asia plans to buy IT services firm Hexaware Technologies in a deal

estimated at about US$ 400 million

Cognizant has been selected by the Saudi Electricity Company (SEC) to develop a comprehensive billing

and revenue management solution based on SAP utilities enterprise software to meet the functional,

technical, and operational requirements of SEC's rapid growth

Prisma Global has acquired majority stake in German technology venture Prisma Gmbh for about Rs 27

crore (US$ 4.00 million). The company will now own the Intellectual Property (IP) of technologies

developed by the German firm

Wipro Ltd have secured a large IT outsourcing contract worth US$ 500 million from the US-based

financial services company Citigroup. Wipro will be responsible for application development and

maintenance, as well as providing infrastructure management services, for Citi's global operations

Tech Mahindra has signed a five-year agreement with UBS Fund Services (Luxembourg) (UBS FSL) for its

new platform, Tech Mahindra Managed Data Services (MDS), designed to support asset managers,wealth managers, investment banks, custodians and administrators. The companys Brazilian subsidiary

Complex IT has also signed two deals to deliver enterprise solutions for oil and gas, and banking sector

//

As per Nasscom experts, the top 5 players in both the IT and ITeS sectorsare -:1) TCS: Tata Consultancy Services: Is a software services and consultingcompany headquartered in Mumbai. TCS is the largest provider of informationtechnology and business process outsourcing services in Asia.

Revenue: $6.3 billion

The Indian software industry is set to keep up its growth rate despite the slowdown in the economy. The NationalAssociation of Software and Services Companies (Nasscom) has forecast a strong outlook for FY08-09 strong withsoftware and services revenue seen growing by 21-24 per cent. The software and services exports are set to hit the$50 billion-mark.The software and services exports segment grew by 29 per cent (in USD) to register revenues of $40.4 billion in

FY07-08, up from $31.4 billion in FY06-07. The domestic segment grew by 26 per cent (in INR) to register revenues

of $ 11.6 billion in FY07-08. According to the latest Nasscom rankings, Tata Consultancy Services Ltd., Infosys

Technologies Ltd. and Wipro Technologies Ltd are the top 3 revenue generators in India. Check out the top ten

players in the Indian IT industry.

TCS

Founded in 1968, TCS is one of India's largest corporate houses. It is also India's largest IT employer with a staff

strength of 111,000 employees.

The company began as a division of the Tata Group, called the Tata Computer Centre. Its main business was to offer

computer services to other group companies. Soon the company was spun off as Tata Consultancy Services after it

realised the huge potential of the booming IT services.

7/29/2019 The IT

23/34

The company posted a consolidated net profit of Rs 1,290.61 crore (Rs 12.90 billion) for the first quarter ended June

30, 2008, an increase of 7.3 per cent compared to the year-ago period.

Its annual sales worldwide stands at $5.7 billion for the fiscal year ending March 2008. During the year 2007-08,

TCS' consolidated revenues grew by 22 per cent to Rs 22,863 crore ($5.7 billion). S. Ramadorai, is the chief

executive officer and managing director of TCS.

TCS is IDC-Dataquest IT best employer in IT services in 2007. TCS also topped DataQuest DQTop 20 list of IT

service providers in 2007.

2) Wipro: A giant information technology services corporation headquartered inBangalore. It has interests varying from information technology, consumer care, lighting,engineering and healthcare businessesRevenues: $4.3 bnBPO revenues: $465 mn

What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating IT, BPOand R&D services organisation with presence in over 50 countries.Premji started Wipro with the 'idea of building an organisation which was deeply committed to values, in the firm belief

that success in business would be its inevitable, eventual outcome'. The company has over 72,000 employees.

Wipro's revenues grew by 33 per cent to Rs 19,957 crore (Rs 200 billion) for the year ended March 31, 2008. The net

profit grew by 12 per cent to Rs. 3,283 crore (Rs. 32.83 billion). The revenues of the combined IT businesses was

$4.3 billion with 43 per cent YoY growth.

Wipro was the only Indian company to be ranked among the top 10 global outsourcing providers in IAOP's 2006

Global Outsourcing 100 listing. Wipro has also won the International Institute for Software Testing's Software Testing

Best Practice Award.

3) Infosys: Infosys Technologies Limited is an information technology servicescompany headquartered in Bangalore. Infosys is one of the largest IT companies inIndia with 113,796 employees (including subsidiaries) as of 2010.Revenues: $4.8 bnBPO revenues: $294 mn

Infosys Technologies Ltd was started in 1981 by seven people with $250. Today, the company boasts of revenues of

over $ 4 billion and 94,379 employees.Under the leadership of N R Narayana Murthy, the company has become a global brand. The company is now

headed by Kris Gopalakrishnan. The income for the quarter ended June 30 2008 was Rs 4,854 crore (Rs 48.54

billion). The net profit stood at Rs 1,302 crore (Rs 13.02 billion).

Forbes magazine named Infosys in its list of Global High Performers. Waters magazine rated Infosys as the Best

Outsourcing Partner. The Banker magazine conferred two Banker Technology Awards on Infosys to acclaim its work

7/29/2019 The IT

24/34

in wholesale andcapital marketsin two categories - Payments and Treasury Services, and Offshoring and

Outsourcing.

The International Association of Outsourcing Professionals (IAOP) ranked Infosys at No. 3 in its '2008 Global

Outsourcing 100'.

4. Satyam Computer ServicesJuly 17, 2008

Established in 1987 by Ramalinga Raju, Satyam has a staff strength of 51,000 employees. In 2008, the company'srevenues crossed the $ 2-billion mark.'A simple, yet extensive management model to create value, which promotes entrepreneurship, a focus on the

customer, and the constant pursuit of excellence,' is the company's mantra for success. In FY2008, its revenues saw

a growth of 30.7 per cent to Rs 8,473.49 crore (Rs 84.73 billion) compared to fiscal 2007.

The net profit stood at Rs 1,687.89 crore (Rs 16.87 billion), a growth of 20.2 per cent over fiscal 2007. Satyam is

among the youngest IT service companies to reach $1 billion in annual revenues. It is ranked No. 1 in the ASTD

(American Society for Training and Development) BEST Award, 2007.

5. HCL TechnologiesJuly 17, 2008

HCL is a leading global technology player with annual revenues of $4.9 billion. The HCL Enterprise comprises twocompanies listed in India, HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of 'India's originalIT garage start ups'.The HCL team comprises 53,000 professionals of diverse nationalities, operating across 18 countries. At a time when

India had a total of 250 computers, Shiv Nadar led a young team which passionately believed in the growth of the IT

industry.

Three decades later, he succeeded in creating a $ 4.9 billion global enterprise. The company has reported

consolidated revenue of Rs 3017.5 crore (Rs 30.17 billion) during the quarter ended March 31, 2008. The profit after

tax stood at Rs. 81.5 crore (Rs 815 million).

6. Tech MahindraJuly 17, 2008

Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under thename of 'Mahindra-British Telecom'.Later, the name was changed to 'Tech Mahindra', in order to reflect the diversification and growth of the client base

and service offerings. The company was incorporated in 1986. Tech Mahindra is a global systems integrator and

http://www.rediff.com/money/2008/jul/17sd3.htmhttp://www.rediff.com/money/2008/jul/17sd3.htmhttp://www.rediff.com/money/2008/jul/17sd3.htmhttp://www.rediff.com/money/2008/jul/17sd3.htm

7/29/2019 The IT

25/34

business transformation consulting firm focused on the communications industry. At the helm of the fast expanding

organisation is Vineet Nayyar.

In a career spanning over 40 years, he has worked with the government, international multilateral agencies and the

corporate sector. Tech Mahindra's net profit rose 8.57 per cent to Rs 196.4 crore (Rs 1.96 billion) on 6.09 per cent

growth in net sale to Rs 911.6 crore (Rs 9.11 billion) in Q3 December 2007 over Q2 September 2007.

7. Patni Computer SystemsJuly 17, 2008

Patni Computer Systems Ltd one of the leading global providers of information technology services and businesssolutions. The company has clients across the Americas, Europe and Asia-Pacific locations.The company has serviced more than 400 Fortune 1000 companies, for over two decades. Patni Computer Systems

Limited was incorporated on 10 February 1978 under the Companies Act, 1956. On 18 September 2003, the

Company converted itself from a private limited company into a public limited company.

The company headed founded by Narendra K Patni by has a staff strength of over 14,000 professionals. The

revenues for the quarter ended March 2008 stood at $ 176.4 million (Rs. 7,061.2 million) up 13.1% YoY from $ 156.0

million (Rs. 6,724.1 million). The net income for the quarter at US$ 18.1 million (Rs. 724.6 million) down 35.0 per cent

YoY from $ 27.8 million (Rs. 1,200.3 million).Frost & Sullivan ranked Patni 1st among 'Top 5 Engineering Service

Providers'.

8. i-flex SolutionsJuly 17, 2008

iflex started as a division of Citicorp (now Citigroup), wholly owned subsidiary called Citicorp Overseas Software Ltd.(COSL) in 1991. Later, a separate company Citicorp Information Technologies Industries Ltd. (CITIL) was formed andRajesh Hukku was appointed as its head.CITIL started off with the universal banking product, MicroBanker which became very successful. In the mid-90s,

CITIL developed Flexcube at its Bangalore development centre. After the launch of Flexcube, all of CITIL's

transactional banking products were brought under a common brand umbrella. CITIL changed its name to i-flex

solutions to reflect its growing independence from Citicorp and to strengthen its Flexcube brand.

In 2006, i-flex became a majority-owned subsidiary of Oracle Corporation i-flex posted a top line growth of 8 per cent

QoQ with revenue for the quarter ended March 31, 2008 at Rs 672 crore (Rs 6.72 billion) as compared to Rs 601

crore (Rs 6.01 billion) for the corresponding quarter during the previous year representing a 12 per cent YoY growth.

The net income for quarter stood at Rs 185 crore (Rs 1.85 billion) representing 73 per cent growth QoQ. The revenue

for the full year ended March 31, 2008 stood at Rs 2,380 crore (Rs 23.80 billion), up 15 per cent as compared to the

previous year.

9. MphasiS

7/29/2019 The IT

26/34

July 17, 2008

MphasiS Limited was formed in June 2000 after the merger of the US-based IT consulting company MphasiSCorporation (founded in 1998) and the Indian IT services company BFL Software Limited (founded in 1993).Jeya Kumar is CEO of MphasiS, which has a staff strength of 27,000 people. For the year ended 31 March 2008, the

MphasiS Group recorded revenues of Rs 2,423 crore (Rs 24.23 billion), a growth of Rs 662 crore, which is 38 per

cent over the previous year.

The net profit increased by 42 per cent from Rs 180 crore (Rs 1.8 billion) to Rs 255 crore (Rs 2.55 billion) during the

year ended 31 March 2008. MphasiS was named among amongst the Top 100 Companies in Global Outsourcing.

10. L&T InfotechJuly 17, 2008

L&T Infotech is a global IT services and solutions provider. It is a subsidiary company of is Larsen & Toubro Ltd.(L&T), an engineering, manufacturing and construction conglomerate, with global operations.A M Naik is the chairman of the company. Originally founded as L&T Information Technology Ltd (LTITL), a wholly-

owned subsidiary of Larsen & Toubro Ltd (L&T), the company changed its name to L&T Infotech on 1st April, 1997. In

2004, it tied up with Fidelity Information Services, a division of Fidelity National Financial to provide banking solutions

for the Indian banking industry. In 2007-08, L&T had recorded revenues of Rs 29,600 crore (Rs 296 billion).

Top 10 IT companies in India commands over 95% market share of Indian IT Services

Industry (Software excluding hardware) in 2011.

7/29/2019 The IT

27/34

http://3.bp.blogspot.com/-GQAQctWQGZM/TmOdlrDs62I/AAAAAAAAAQI/5RVhGvZqQGc/s1600/ITCompanie+Market+Share+2011.PNG

7/29/2019 The IT

28/34

CompanyFY 11 Revenue

in CroresMarket share

TCS 37,325 24.9Infosys 27,501 18.3Wipro 23,606 15.7

Cognizant^ 20,655 13.8HCL Tech 15,730 10.5

Mahindra Satyam 5,145 3.4Tech Mahindra 5,140 3.4

Mphasis Ltd* 5,037 3.4iGatePatni^^ 4,403 2.9

Oracle Fin 2,360 1.6Rolta 1,805 1.2

Polaris 1,586 1.1Mindtree 1,509 1.0NIIT Tech 1,232 0.8

Hexaware* 1,054 0.7

In 1975, watching a movie in the theatre was a big deal for Mr. Gupta. There was the cumbersome

process of finding the show timings, waiting in the long queue for the tickets, and yet face the risk of

seeing the Housefull board when his turn came. In 2010, Sandeep, his son, surfs the web, visits the

online booking site, finds different movies, checks their reviews, checks shows timings available,books the tickets online through his card and reaches the multiplex just in time for the movie!!

This is the power of Information Technology (IT) which enables two-way communication between

consumers and the enterprise. Improved IT infrastructure like ATMs and online payments have done

away with the hassles of carrying big chunks of cash in your pocket while travelling

http://2.bp.blogspot.com/-aSH3UhDwhmA/TmOf1Ce2MEI/AAAAAAAAAQM/0Y2dKGGrPzE/s1600/Nasscom+IT+report.PNG

7/29/2019 The IT

29/34

So, what exactly does IT cover? Anything involved with software, computers, networks, intranets,

Web sites, servers, databases and telecommunications falls under the IT umbrella. IT is the

technology that helps companies store, process and flow data within an organization. This sector

ultimately serves other sectors like Banking, Manufacturing, Telecom, Hotels, Hospitals etc. to

improve their efficiency and increase their revenues via customer satisfaction.

1. IT- Software These

companies help in developing and implementation of different software for their clients worldwide.

These software could be for documentation, security services, banking softwares etc.

2. ITeS Business process outsourcing (BPO) Major Corporations across the world outsource

their back-office operations to some companies. E.g. Employee payroll for a US companys global

workforce is maintained by an Indian BPO. Slowly the definition is expanding to Human resources,

accounting, logistics, legal processes etc.

3. IT- Hardware and peripherals - The stuff you can actually see and touch, and would likely break

if you threw it out a fifth-story window, is hardware. This would include laptops, desktops, Storage

devices, Networking devices, LCD, printers etc.

4. IT- Education This segment provides training for employment in the other segments. This would

include companies providing various certification courses, like Java, Oracle etc. These companies

also provide training for employees in corporate sector. Recently, some companies have also

expanded this service to cater to schools and colleges.

This sector has made significant contributions to Indias economic growth in terms of GDP increase,

foreign exchange earnings as well as employment generation. Its contribution to GDP has increased

tenfold in last decade, from 0.6% to 6% till 2009-10. The sector has helped India transform from a

rural and agriculture-based economy to a knowledge-based economy. Besides this, the lives of

people have been positively influenced by direct or indirect contribution of IT sector to various

parameters such as employment, standard of living, per-capita income etc.

7/29/2019 The IT

30/34

In India, the IT Software segment has seen significant growth and has put India on the global map.

It contributes for almost 75% of the total revenues of the IT sector. Though Hardware enjoys second

place in terms of market share in India, it is quite low as compared to global benchmark. The BPO

segment has grown well and is expected to make a footprint in the IT Sector.

Functioning of Software segment is explained pictorially in the figure below:

7/29/2019 The IT

31/34

The software sector is service-oriented and thus the products offered are tailored to the requirement

of its client. Hence, major input costs are those of human resources (forming almost 40% of the total

costs) and research and development. Companies understand the requirements of clients and the

product is developed accordingly.

In the last ten years the IT sector in India has grown at an average annual rate of 28%. India has

emerged as the preferred destination for IT services owing to the cost advantage and talent pool.

India accounts for almost 51% of the global sourcing market. Exports contribute around 75% of the

total revenue of the IT sector in India. However due to increased export-orientation and lesserdomestic consumption the sector suffered major hit in the recession that shook the globe in 2008-09.

In the year 2010, different economies began seeing recovery, but at varying pace. Indian companies

have subsequently begun tapping other geographical markets and domestic consumption has also

relatively increased.

Lets see how each of the segments of the IT sector have fared in the past.

7/29/2019 The IT

32/34

Comparing the Top Players

As can be seen from the table above, Educomp Solutions has clocked the highest Sales CAGR of

99% in the past five years, followed by HCL Infosystems (50%), Infosys (24%) and Wipro (22%).

However, the highest margins are enjoyed by the software majors Infosys (28%), closely followed by

Educomp (27%) and TCS (24%).

followed by Educomp (27%) and TCS (24%).

7/29/2019 The IT

33/34

7/29/2019 The IT

34/34