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Top 10 software companies in India
2. Wipro
July 17, 2008
What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating IT, BPO andR&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 netprofit 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.
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Image: Chairman of the Indian software giant Wipro Technologies Limited, Azim Premji is all smiles during a
press conference in Bangalore. | Photograph: Dibyangshu Sarkar/AFP/Getty Images
Also read:Magic: India's longest surviving brand
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Top 10 software companies in India
3. Infosys
July 17, 2008
Infosys Technologies Ltd was started in 1981 by seven people with $250. Today, the company boasts of revenues ofover $ 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 in
wholesale and capital markets in 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'.
Image: Founder and mentor of Infosys Technologies N.R.Narayana Murthy (C) with NASDAQ President & CEO
Bob Greifeld (6th R) celebrate with Infosys officials during the NASDAQ Remote Opening Bell Ceremony in the
Infosys campus in Mysore. | Photograph: STRDEL/AFP/Getty Images
Also see:The amazing Infosys story
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4. Satyam Computer Services
July 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.
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Image: Employees of Satyam group standing out side the city centre in Hyderabad |Photograph: Noah
Seelam/AFP/Getty Images
Also read:Phaneesh Murthy on IT industry, economy & outsourcing
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5. HCL Technologies
July 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 original ITgarage 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).
Image: Chairman and CEO of HCL Infosystems Ajai Chowdhry with the HCL Mileap laptop in New
Delhi. | Photograph:Manan
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6. Tech Mahindra
July 17, 2008
Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the nameof '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 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.
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Image: Managing Director of Mahindra & Mahindra Anand Mahindra during a press conference to launch the
Tech Mahindra foundation in Mumbai. | Photograph: Sajjad Hussain/AFP/Getty Images
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7. Patni Computer Systems
July 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'.
Image: Model of a software park in Chennai. | Photograph: Dibyangshu Sarkar/AFP/Getty Images
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8. i-flex Solutions
July 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.
Image: Chairman and Managing Director of i-flex Solutions Limited, Rajesh Hukku. | Photograph: Dibyangshu
Sarkar/AFP/Getty Images
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Also read:From Rs 50 to a Forbes billionaire!
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9. MphasiS
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.
Image: IT sector grows despite slowdown. | Photograph: Lakruwan Wanniarachchi/AFP/Getty Images
Also read:India's top 10 corporate taxpayers
]
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10. L&T Infotech
July 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).
Image: L&T Infotech building. | Photograph: L&T Infotech
Also read:World's 10 biggest malls
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Top 10 software companies in India
1. Tata Consultancy Services
July 17, 2008
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.
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,
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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.
Image: Chief Executive Officer of Tata Consultancy Services (TCS) S Ramadorai . | Photograph: Dibyangshu
Sarkar/ AFP/Getty Images
Also read:Filing taxes? 20 FAQs answered
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Virtual tour of the awesome Cisco campus
June 20, 2008
Cisco, the networking and communications technology giant, certainly does it in style.
Spread over a million square feet, the Cisco Globalisation Centre in Bangalore has become the focal point of many aconversation. The swanky edifice is even considered to be the best building that Cisco has anywhere in the world.
The first phase of the Cisco Globalisation Centre (East Campus), which can accommodate 1,200 employees, wasrecently inaugurated by Cisco chairman and chief executive, John Chambers.
Text: Vicky Nanjappa in Bangalore
Image: The Cisco Globalisation Centre East campus is spread over a sprawling campus of 1 million squarefeet.
Photographs, courtesy: Cisco
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Top 10 Software Companies Ranking 2011
Below are the Top Ten Global Software Companies for the year 2011.
01 Microsoft
Microsoft Corporation Inc is a public sector multinational organization centered
inWashington USA. Founded by the famous Business Tycoon Bill GatesMicrosoft
Corporation today is the leading software developer for home computer operating
system and various other sectors. One quality to be admired about Microsoft is
theirResearch and Development department that produces a new version ofWindows
Operating Systems within a relatively short span of time.
02 IBM
International Business Machines IBM is a technology intensive multinational organization
that sells computer hardware and softwares.
03 Google
The Internet Giant Google Inc that provides cloud computing, internet search and
advertising services.
04 HP Hewlett Packard
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Hewlett Packard HP is famous Information Technology Company centered in California
USA. Hewlett Packard HP is involved in developing and manufacturing computing, data
storage, networking hardware, designing software, delivering services.
05 Accenture
Accenture is a leading software company that is involved in global managementconsulting, technology outsourcing, and technology consulting.
06 Oracle
Oracle is a California USA based American multinational computer technology
organizationdeveloping and marketing hardware systems and enterprise solutions.
07 Adobe
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Adobe is a computer software company headquartered in California USA. Adobe designs and
develops multimedia software, creativity software products, rich internet
applications and computer software.
08 SAP
SAP is a German global software corporation providing enterprises software solutions to
business organizations globally.
09 Yahoo
Yahoo is a California based Internet Software Company. Yahoo is involved in provision of
services via internet. The famous products ofYahoo are Yahoo Web Portal, Yahoo Mail,
Yahoo Directory, Yahoo News, Yahoo Advertising, Yahoo Maps, Yahoo Videos and
Social Media Websites.
10 CA Technologies
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(Computer Associates) CA Technologies Inc is one of the largest independent
software companies in the world.
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1.
2.
Microsoft
3.
ACCENTURE
oracle
5.
HP
6.
Tata Consultancy ServicesTata Consultancy Services: Part of the TATA Group, which is well respected for highethics and good performance, the Mumbai-based TCS is one of the oldest and a leadingsoftware company in India. This software giant with a turnover of over US$ 6 billion hasbeen in operation since 1968 and has its facilities in 42 countries. Interestingly, TCSstarted operations by providing software support for a US Insurance firm, Sun Life; way
before the word outsourcing was coined! TCS offers IT services across sectors Financial services, to Insurance, to Manufacturing, to Healthcare and life sciences. Theperformance of its Engineering and Industrial Services division helped it win the Frost &Sullivan Company of the Year award in 2006.
7.
Infosys
8.
Enthrosys
9.
Cognizant Technology Solutions
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10.
HCL Technologies
11.
ADOBE12.
SAP
13.
Wipro
14.
SunGard
15.
Vikra
16.
IBMComments:IBM is the second largest software company in the world, ranked according toannual software revenues. They are the maker of the DB2 database (no 2 inthe world), the zOS and the iOS operating systems, the WebSphere applicationserver (no 1 in the world), Tivoli, Notes, Cognos, etc.... The company is oftenunderestimated since they do not sell any highprofile consumer software (likeMicrosoft). Nevertheless, it is a huge software company.
17.
aricent
18.
Sopra Group India
19.
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CAPGEMINI
20.
l&t infotech
21.
symantec
22.
Pentacle Softwares
23.
PASS GCA Solutions
24.
pathfinder software solutions
25.
cisco
26.
citrix
27.
Info Edge
28.
Nucleus Software Export Ltd.
29.
INFOSYS
30.
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Glow Touch Technologies Pvt Ltd
31.
Rohit S/w Solutions
32.
I Dreams Technologies & Solutions
33.
CSC
34.
adobe
35.
Kssoftech
36.
Manikandan software systems
37.
MachMedia software and solutions
38.
Autodesk
39.
40.
CA
41.
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42.
Nintendo-
43.
Electronic arts-
44.
Tech Mahindra[add comment]
45.
sathish soft systemsA
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