- NIIT Technologies
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NIIT Technologies Limited 
Type Public
(BSE: 532541)Industry Information Technology
IT servicesFounded 1981 Founder(s) Rajendra S. Pawar
Vijay K. ThadaniHeadquarters New Delhi, India Key people Rajendra S. Pawar
(Chairman)
Arvind Thakur
(CEO NIIT Technologies)
Pratibha K Advani
(CFO NIIT Technologies)Products Banking & Financial Services,
Channel and Customer Interface Solutions in Insurance,
e-Business, e-Procurement, SAP Retail for Retail & Distribution,
Travel & Transportation[1]Services BPO,
Application Development Management,
Managed Service,
Package Implementation,
Platform Based Services[2]Revenue 
INR 12,323 million (FY 2011)[3]Employees 6733(2011)[4] Website niit-tech.com NIIT Technologies Limited (BSE: 532541) is a global information technology solutions organization, servicing customers in North America, Europe, Asia, Australia and the Middle East. It offers solutions focused around Applications Development and Management, Managed Services, Cloud Computing, Packaged Implementation and Business Process Outsourcing (BPO). The company is listed on the National Stock Exchange of India. The erstwhile software and services business of the NIIT Group,[5] NIIT Technologies has an experience of over two-and-a-half decades in the software sector. It was spun off from the NIIT Group in 2004, and has been operating as a separate entity since then.[6]
Contents
History
For at least 15 years of its history, NIIT Technologies remained the software and services arm of the NIIT Group, providing software consultancy support, customized solutions as well as product distribution services to corporate India as well as global customers. The business operated under the umbrella of NIIT Ltd., which was set up in 1981 by two young entrepreneurs, Rajendra S. Pawar and Vijay K. Thadani, old friends and dorm-mates from the IIT, Delhi.[7]
Overview
NIIT Technologies is ranked among India's top 20 information technology software service exporters, according to NASSCOM’s Annual Surveys. It follows global standards of development, and has been assessed at Level 5 of both SEI-CMMi version 1.2 [8][9] and People-CMM frameworks. The organization has the ISO 27001 information security management certification and its data center operations are at the international ISO 20000 IT management standards. NIIT Technologies is focused on select industry verticals and provides solutions to organizations in these segments.
- Banking and Financial services
- Insurance
- Manufacturing and Retail
- Travel and transportation(TTL)
- Healthcare
Acquisitions
- It has acquired German based company Softech, which serves small and medium airlines operations.[10]
- NIIT Technologies acquired Proyecta Sistemas in Aug 2011[13]
It has three Indian subsidiaries, NIIT SmartServe Limited, NIIT Technologies Services Limited and NIIT GIS Limited, which provide business process outsourcing and GIS solutions, respectively.[14]
NIIT Technologies - annual revenue of INR 12,323 million as of 2011.[15]
Alliances
NIIT Technologies has established alliances with organisations such as BEA, Computer Associates, IBM, Informatica, Metalogic, Microsoft, NetIQ, Oracle, SAP, SEEC and TIBCO.
Timeline
- 1981: NIIT was established by Rajendra S. Pawar and Vijay K. Thadani to cater IT education and training in India[16]
- 1982: Setup educational centers in Mumbai and Chennai[17]
- 1984: IT consultancy service stated
- 1985: Head Office integrated in New Delhi
- 1986: Software product distribution started under "Insoft" brand
- 1993: Received ISO 9001 for software export [18]
- 1993: International Revenue touched Rs 50 million
- 1993: It becomes listed company and launched a successful IPO
- 1995: Revenue crosses Rs 1 billion mark
- 1997: It becomes world economic forum global growth company
- 1997: It is the second Indian company after HCL Technologies that have granted special status in Malaysia Multimedia Super Corridor [19]
- 1997: Unique distinction puts NIIT into first list of 21st Global companies[20]
- 1997: NIIT becomes World Economic Forum global growth company
- 1998: The company's market capitalization crosses US$1 billion mark
- 1999: NIIT and its subsidiaries global revenue reached Rs 8.8 billion [21]
- 2000: Oracle Corporation became exclusive partner with NIIT Ltd to provide education on Oracle technologies specially on Oracle Database [22]
- 2000: NIIT built knowledge products for Macmillan US$10.6 Million [23]
- 2004: NIIT Technologies started offering Geographic Information Systems (GIS) to its clients[24]
- 2005: German based software company SAP AG and NIIT Technologies tied up to implement software projects for government and public sectors[25]
- 2006: It got multi-million dollar project by partnering with Singapore's Defence Science and Technology Agency (DSTA) to provide outsourcing development to the Singapore Government [26]
Key industry verticals
NIIT Technologies mainly focuses on well-defined key sectors of industry:
- Banking & Financial Services
- Retail Banking
- Wholesale Banking
- Investment Management
- Risk and Compliance Offerings
- Business Testing Frameworks[1]
- Insurance
- Channel and Customer Interface Solutions
- Core Insurance Business Processes
- Enabling Insurance Business Processes
- Regulatory Compliance and Tax Environments
- Intellectual Property-Solutions and Solution Accelerators
- Value Added Services[1]
- Travel Transportation and Logistics
- Airlines and Travel Distribution
- Airports
- Surface Transport
- BPO
- Integrated BPO[1]
- Manufacturing & Retail
- e-Business
- e-Procurement
- SAP retail[1]
- Healthcare[27]
Global Units
- North America: USA
- Europe: UK, Continental Europe - Benelux region & DACH region, Spain[28]
- Oceania: Australia, New Zealand
- Asia (China, Indonesia, Malaysia, Vietnam, Bahrain, [Dubai])
NIIT Technologies Office Images
See also
- Software companies of India
- Information technology in India
References
- ^ a b c d e "NIIT Technologies Industry Solutions" (aspx). NIIT Technologies. http://www.niit-tech.com/industry.aspx?path=4. Retrieved 1 October 2005.
- ^ "IT Services provided by NIIT". 2009-07-18. http://www.niit-tech.com/services.aspx?path=5. Retrieved 2009-07-18.
- ^ "niit-tech.com". http://www.niit-tech.com/images/files/presentation/FY11%20web.pdf.
- ^ [1]
- ^ "SOFTWARE ARM OF INDIA'S NIIT TO BE RENAMED NIIT TECHNOLOGIES". highbeam.com. http://www.highbeam.com/doc/1G1-86067878.html. Retrieved 7 October 2010.
- ^ TOI Website: [2] (URL last accessed on July 14, 2009)
- ^ "Management Team – Founders and Their History". NIIT. June 28, 2006. http://niit.com/aboutniit/Pages/ManagementTeam%E2%80%93Founders.aspx. Retrieved 2007-10-16.
- ^ AsiaPulse News
- ^ The Press Trust of India Ltd
- ^ Reuters News
- ^ TCM news
- ^ TOI website
- ^ [3]
- ^ [4]
- ^ [5]
- ^ "Academic Alliance". MMBL Cyber skills. June 30, 2009. http://cyberskills.lk/partnerships/academic-alliances#more-9. Retrieved 2007-10-16.
- ^ "Schooling for the millions in emerging information economies is the challenge of Rajendra Pawar's renewed NIIT". Forbes. June 30, 2007. http://www.forbes.com/global/2007/1224/028.html. Retrieved 2007-10-16.
- ^ "Received ISO". NIIT. June 30, 2008. http://www.niit.com/SERVICES/SOLUTIONFORCORPORATES/TRAINING%20OUTSOURCING/Pages/Quality.aspx. Retrieved 2007-10-16.
- ^ "NIIT enters Malaysian 'Multimedia Super Corridor'". Rediff on the Net. June 30, 2008. http://www.rediff.com/computer/sep/02niit.htm. Retrieved 2007-10-16.
- ^ "NIIT builds defence software for Singapore". Rediff on the net. November 20, 1997. http://www.rediff.com/computer/nov/20singap.htm. Retrieved 2007-10-16.
- ^ "NIIT's global revenues up 36 per cent to Rs 8.8 billion". Rediff on the Net. October 16, 1998. http://www.rediff.com/computer/1999/oct/16niit.htm. Retrieved 2007-10-16.
- ^ "http://www.thehindubusinessline.com/2000/03/08/stories/150839i2.htm". The Hindu Business Line. March 8, 2000. http://en.wikipedia.org/wiki/List_of_newspapers_in_the_World_by_circulation. Retrieved 2007-10-16.
- ^ "NIIT bags order from Macmillan". Rediff.com. June 30, 2000. http://www.rediff.com/money/2000/aug/17niit.htm. Retrieved 2007-10-16.
- ^ "NIIT set for GIS global launch". techtree.com. February 5, 2004. http://www.techtree.com/India/News/NIIT_set_for_GIS_global_launch/551-51098-547.html. Retrieved 2007-10-16.
- ^ "NIIT Tech, SAP tie up for government services". The Times of India. February 9, 2005. http://timesofindia.indiatimes.com/articleshow/1016230.cms. Retrieved 2007-10-16.
- ^ "NIIT partners Singapore co, bags Govt deal". Business Line. October 5, 2006. http://www.thehindubusinessline.com/2006/10/05/stories/2006100502050400.htm. Retrieved 2007-10-16.
- ^ [6]
- ^ [7]
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