Patni - Company Profile
by terror on Jul.02, 2009, under Company profiles
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Patni delivers high quality, reliable and cost-effective IT services to customers globally. We provide world-class technology services by constantly exploring and implementing innovative solutions that drive long-term value to our customers.. As industry leaders, we introduced offshore development centers, pioneered “follow the sun” development and support frameworks, ensuring compressed delivery timeframes. Today, our solutions provide strategic advantage to several most-admired organizations in the world. We have long-standing and vibrant partnerships with over 300 companies across the globe. Patni Computer Systems Ltd one of the leading global providers of information Technology services and business solutions. The company has clients across the Americas, Europe and Asia-Pacific locations. The company has serviced more than 400 Fortune 1000 companies, for over two decades. Patni Computer Systems Limited Was incorporated on 10 February 1978 under the Companies Act, 1956. On 18 September 2003, the Company converted itself from a private limited company into a public limited company. The company headed founded by Narendra K Patni by has A staff strength of over 14,000 professionals. The revenues for the quarter Ended March 2008 stood at $ 176.4 million (Rs. 7,061.2 million) up 13.1% YoY from $ 156.0 million (Rs. 6,724.1 million). The net income for the quarter at US$ 18.1 million (Rs. 724.6 million) down 35.0 per cent YoY from $ 27.8 million (Rs. 1,200.3 million).Frost & Sullivan ranked Patni 1st among ‘Top 5 Engineering Service Providers’. Products & Services More than ever, CXOs are under pressure to make sure technology investments improve their company’s competitive position and boost the bottom line. With global sourcing of IT emerging as a highly effective option for achieving these goals, many organizations are implementing “active sourcing programs” to select and manage a roster of best-of-breed IT offshore service vendors. Several Fortune 1000 companies have chosen Patni as a strategic partner to help them manage key areas of IT, due to our deep capabilities in industry verticals, technical strengths and innovative, flexible service delivery. Patni’s integrated network of developed facilities is complemented by onsite, offshore and nearshore capabilities in major international markets. This has helped our clients choose solutions that meet their global sourcing needs. For example, our global delivery service capability helped the Carphone Warehouse group enhance its competitiveness by providing it the access to a large resource pool with industry and technology experience. Patni has helped numerous clients meet their global sourcing needs by helping them identify, evaluate and configure their IT architectures across multiple geographies to reduce costs, mitigate risks and maximize performance. Our global delivery centers deliver significant benefits, driving business optimization through technical solution capabilities and process expertise, keeping clients’ management overheads to the minimum. We offer a variety of structured global delivery models to meet clients’ individual needs, improve their ROI and enhance service levels. Top line growth, reducing operational cost, increasing customer satisfaction and effective use of information for competitive differentiation are the top business priorities for the CEOs today. It is thus no surprise that the CIO’s focus is surely shifting from techno-centric IT to Business-centric IT. To facilitate this journey, Patni brings together key IT consulting services that address aspects of reducing cost, increasing agility and enabling transformation. Our consulting offerings are based on an analytical approach to understand the business problems, resulting in practical recommendation and actionable plans. Our value proposition is based on a confluence of business knowledge, deep hands-on technology skills and a focused approach through the use of in-house methodologies, frameworks and tools. Our key service offerings include: Application Portfolio Rationalization Historic Events / Press Room Awards Outsourcing and off shoring to high quality, lower cost destinations is now becoming the option of choice for several progressive companies looking to maintain competitive edge and increase shareholder value. Global Sourcing has evolved significantly over the last couple of years and the next wave of change is driven by Knowledge Process Outsourcing. To address resourcing and full employment scenario, companies are moving from commoditized to knowledge intensive services outsourcing. World BPO Forum is designed to provide unprecedented opportunity for senior business executives to meet with peers, industry experts, destination country officials and outsourcing solution providers To learn more about how Patni’s integrated KPO, BPO, and IT solution can help solve your business challenges, meet with Patni executives from IT and BPO practices along with domain experts from Insurance and Financial Services industry practices at our Booth or contact us to schedule a meeting. Patni wins industry’s first Smart Workplace Award Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that it has won the Economic Times’ first ‘Smart Workplace Award 2008′, organized in association with Intel and Acer. With over 550 companies across India competing for the award, Patni emerged as one of the 20 winners, demonstrating its commitment to empower employees through the use of technology to abet productivity. Patni was recognized for its best technology and HR practices, after a rigorous evaluation process of on-ground visits, stringent process validation and a final assessment by the esteemed jury. Commenting on this recognition, Rajesh Padmanabhan, EVP & Global HR Head, Patni said, “We are honoured to receive this award as it recognizes our continued focus and innovative approach towards empowering employees. A smart workplace should leverage employee initiatives to enhance work-life quality, stimulate creativity, and augment efficiency. At Patni, we believe that HR initiatives coupled with the right technology platform, plays a major role in boosting employee productivity”. Patni belongs to an elite list of winners across India, spanning a diverse range of industries, who have demonstrated their commitment to employee development. The jury comprised eminent personalities from PriceWaterhouseCoopers, The Times Group, industry experts from various organizations and other independent members from various fields. The categories of awards are based on the size of the organisation (small, medium and large) and verticals such as financial services, professional services, industrial markets, consumer markets, infrastructure, and information-communication and entertainment Patni makes key appointment to meet growing demand for Product Engineering Services in Europe Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) today announced the appointment of Kimmo Solla as Vice-President and Head of Patni’s Product Engineering Services (PES) practice for the EMEA region. As part of an aggressive European growth strategy, the appointment will strengthen Patni’s PES proposition and help Patni take full advantage of the rise in demand for product engineering services in the region. Before joining Patni, Kimmo Solla was strategic client partner at Wipro, where he was responsible for one of Wipro’s biggest international accounts. Prior to that, he was global account manager at Capgemini. Commenting on the appointment, Brian Stones, Executive Vice-President, Patni said, “We are experiencing major growth in Europe in the PES marketplace and I am delighted to welcome Kimmo to the team. He brings a strong background in the research & development field, along with long-term experience of working with large global clients. Kimmo Solla commented, “There is a growing demand for scaleable and cost effective R&D services in Europe. While high quality is a given requirement, we’re seeing an increase in expectation for continuous innovation capability. Addressing all of these factors presents tremendous challenges for companies who are also operating in a highly competitive, low margin business. This is a fantastic time to be joining Patni, particularly in the area of PES and Patni is in an excellent position to be one of the pace-setters in this marketplace.” Patni’s product engineering services help clients reduce time-to-market for new consumer products while ensuring high levels of quality. Patni has strong sector expertise, providing a range of services to the consumer electronics, industrial automation, medical electronics, mobile and wireless and semiconductor markets. The European region is gaining in significance for Patni and accounted for 16 per cent of its global revenues for the year ending 31 December 2007. Patni already enjoys a strong presence in European countries, including UK, Germany, the Netherlands and Sweden. |
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