Infotech Enterprise

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Infotech Enterprise is an IT-services global company worth US$ 120 million and was set up in 1991. Infotech Enterprise Ltd. specializes in IT services, Engineering Design Services (EDS), and Geographic Information Systems (GIS). The company employs more than 5500 people.

Infotech Enterprise serves various industries such as automotive, banking services, aerospace, insurance and finance, aerospace, retail, marine, energy, government, and telecom. Infotech Enterprise follows a business model which is very distinctive and is largely based on onshore responsibility and offshore services. This business model combines the development of software in India with delivery through global offices in UK, Australia, USA, Netherlands, and Germany.

The global offices of the Infotech Enterprise Company provides interface with local customers and also undertakes the overall management of the project. The company has operations in 24 destinations globally and has 6 centers for development. Infotech Enterprise Ltd. has grown due to its industry-specific expertise, technologies, training, tools, people, and processes. It is on the basis of this strong foundation that Infotech Enterprise has been able to attract clients which feature in the Fortune 500 list.

The Enterprise Infotech Ltd. has been certified as per AS 9100 and ISO 9001:2000 standards. It is also a Level 5 CMMI company. In 2001, the company announced its plans to open a world-class facility for engineering services in Bangalore. In 2002, Infotech Enterprise Company opened a center for software development in Hyderabad which can handle 4000 engineers and was built at the cost of ` 12 crore.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)488
IndustryComputers - Software
Turnover1215.27
Profit after Tax(PAT)139.69
MCAP (Market Capitalization)1269.9
Assets1029.86

Infotech Enterprise has become one of the leading companies in the IT sector in India and looks poised for further growth as it plans to expand its operations and client-base in the future.

Last Updated on 1/4/2012

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