Rank - 129 : R Systems

FY10 was a mixed year. While the company continued to bag new
customerseleven and ten in OND and JAS respectively, loss of key customers in
Europe and increase in employee costs owing to salary changes, coupled with the
rupee strengthening, caused a revenue decline of 4.63% y-o-y. Its competency in
digital media segment and credit & collections systems across
verticalsfinancial services, telecom and insurancewas underscored by several
wins. It also launched its lending solutions with Islamic Bank functionality,
implemented at a leading Middle East Bank.