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Patni Computer Systems Ltd - Outsourcing Specialist

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DQI Bureau
New Update

Jumping 10 ranks in the DQ Next 30 Club, this year, Patni Computer Systems Ltd has

witnessed a growth of over 60 percent in its revenues. Continuing its steady growth rate,

it has grossed Rs 137 crore last year. Patni is getting into an area of high global

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JOINT

MANAGING DIRECTOR: AK Patni * PRODUCTS AND SERVICES: Systems,

Package Software, Networking, Facilities Management
* size="1"> TECHNICAL COLLABORATION: Data General Corp. color="#FF0000">* AGENCY OPERATIONS: Cabletron Systems, IBM size="1" color="#FF0000">* START-UP YEAR: 1984 color="#FF0000">* EMPLOYEES: 609 color="#FF0000">* DEALER OUTLETS: 163 color="#FF0000">* ADDRESS: 310/316, Raheja Chambers, Nariman Point,

Mumbai 400021
* TEL:

2875525-28
* FAX: 2873984

 

PERFORMANCE HIGHLIGHTS

  • l New development centers at Mumbai, Thane, and Pune.
  • l A three-year ODC contract with Hitachi, Japan.
  • l Existing ODC contract with General Electric has been renewed for three years.
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    demand. A worldwide implementation partner for BaaN it also does Oracle and SAP

    implementation though there is no formal engagement with the companies. It has already

    started two Euro projects. Its Y2K-related work accounted for 18 percent of the total

    revenues last year, which would increase to 27 percent in the current year. The company is

    now starting to focus on tools for ecommerce, datawarehousing, and ERP. Application

    maintenance work is being done but the company feels that application outsourcing will

    grow.

    Approximately 64 percent of the revenues last year came from offshore projects. Growth

    has been consistent in all its identified markets (with the US contributing 80 percent of

    the annual revenues, and Japan and Europe pooling in the rest). In addition, Patni has

    added 15 new customers during 1997-98. A three-year Offshore Development Center (ODC)

    contract has been finalized with Hitachi, Japan. The company's existing ODC contract with

    General Electric Company has also been renewed for an additional three years.

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    Presently the company is putting together the building blocks to enhance its global

    competitiveness-building a worldwide marketing organization to sustain global business and

    managing distributed development centers in India. Two-and-a-half years back, the company

    decided to go out of Mumbai and its first center, with a strength of 350 people, was set

    up at Pune. During 1997-98, Patni added large new development centers at its Mumbai,

    Thane, and Pune facilities. An additional 500-people development center is on stream to be

    commissioned during 1998-99. The company is targeting a growth of 65 percent in the

    current year.

    In line with its future thrust as a transnational software and applications outsourcing

    company, significant new investments in the overseas marketing and support offices, as

    well as local development centers, is also being planned for 1998-99. In addition to the

    existing seven offices, four more offices are planned in the US, UK, and Europe.

    PCS' strategic business plans are built around several focused and mature service

    offerings. Embedded expertise, methodologies, delivery paradigms, and best practices

    provide exceptional value to the client base, and position the company very well to

    increase penetration as a full-service outsourcing solutions provider to the major global

    markets.

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