It was a good year for Diebold, the topline improved as it bagged orders from
almost all major Indian banks. It managed to capitalize on the action in the
domestic market, which made up for the relative inaction on the part of foreign
banks. Diebold got an additional order for 1,750 ATMs from SBI after it
deployed 2,740 for the bank in FY09. It expanded its product portfolio by adding
Cash Recyclers ATMs. Managed services was a clear focus area as it was expanding
the service center operations. The company aggressively pushed its security
business and went beyond banks to target enterprise users.
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FACTSHEET
l CEO & MD: Naresh Hosangady l |