Siemens Information Systems: The Protégé

Though SISL's net profits grew by only 19%, it still emerged as a major
earnings driver for the entire Siemens group in India accounting for more than
half its profits here. With Siemens globally consolidating its software business
into SISL, the company's international revenues increased by more than 55% last
year. A significant portion of this was contributed by the BPO services. SISL
also undertook more high-end research-oriented activities in collaboration with
Siemens AG's Corporate Technology, at its new center at Bangalore.

SISL maintained a significant domestic focus with 12% of its revenues coming
from India. Beyond plain vanilla implementations, SISL emerged as an important
component of the SAP ecosystem in India. Alliance formed with Sify subsidiary
Safescrypt to use its Managed PKI Services.