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Software Industry In Chennai
Chennai is the third largest software exporter in India, next only to Bangalore and Hyderabad. India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2017–2018 rose 8.6% per cent to touch 1,11,179 crore, involving a workforce of 780,000, and the city is the hub for deep tech startup companies. Many software and software services companies have development centres in Chennai, which contributed 14 percent of India's total software exports of 14,42,140 lakh during 2006–07, making it the third largest Indian city software exporter following Bangalore, Hyderabad and the city is the home for 7 top rated IT companies out of 15 in India. The Tidel Park in Chennai was billed as Asia's largest IT park when it was built. Major software companies have their offices set up here, with some of them making Chennai their largest base. Chennai is the largest hub for e-publishing, as there are 67 e-publishing units registered with the STPI and many Rs.8300- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DXC Technology
DXC Technology is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia. History DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HPE) spun off its Enterprise Services business and merged it with Computer Sciences Corporation (CSC). At the time of its creation, DXC Technology had revenues of $25 billion, employed 170,000 people and operated in 70 countries. The spinoff from Hewlett Packard Enterprise did not include two parts of the Enterprise Services segment: the Mphasis Limited reporting unit and the ''Communications and Media Solutions'' product group. In India, the company started a three-year plan to reduce the number of offices in the country from 50 to 26, and reduce headcount by 5.9% (around 10,000) employees. With about 43,000 employees (more than a third of its workforce) in India, the company is restructuring its workforce to meet its new revenue profile. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virtusa
Virtusa Corporation is an American information technology services company founded in 1996 in Sri Lanka and has its headquarters in Southborough, Massachusetts, United States. The company provides IT consulting, business consulting, systems implementation and application outsourcing services to large enterprises and software vendors. The company has several delivery centers in India and Sri Lanka with the ones in Hyderabad, Chennai and Colombo being the largest. In February 2021, Baring Private Equity Asia acquired the company for US$2 billion. Acquisitions * In November 2009, Virtusa acquired Insource for $7.3 million. Insource is a technology consulting company which specialized in the insurance and healthcare industries. InSource is based in Hartford, Connecticut. * In 2010, Virtusa acquired ConVista Consulting, LLC, a US-based, privately held market leader in finance transformation, specifically focusing on high volume collection, disbursement, claims and billing systems in B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wipro
Wipro Limited (formerly, Western India Palm Refined Oils Limited) is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte is serving as CEO and managing director of Wipro since July 2020. Wipro's capabilities range across cloud computing, cyber security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services to customers in 167 countries. History of Wipro Early years The company was incorporated on 29 December 1945 in Amalner, India, by Mohamed Premji as Western India Vegetable Products Limited, later abbreviated to Wipro. It was initially set up as a manufacturer of vegetable and refined oils under the trade names of Kisan, Sunflower, and Camel. In 1966, after Mohamed Premji's death, his son Azim Premji took over Wipro as its chairman at the age of 21. Shift to IT Industry During the 1970s and 1980s, the company shifted its focus t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verizon
Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is Delaware General Corporation Law, incorporated in Delaware. The company was formed in 1984 as Bell Atlantic as part of the breakup of the Bell System, break up of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Headquartered in Philadelphia, it originally had an operating area from New Jersey to Virginia. In 1997, Bell Atlantic expanded into New York (state), New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tata Consultancy Services
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company with its headquarters in Mumbai. It is a part of the Tata Group and operates in 150 locations across 46 countries. In July 2022, it was reported that TCS had over 600,000 employees worldwide. TCS is the second largest Indian company by market capitalisation and is among the most valuable IT service brands worldwide. In 2015, TCS was ranked 64th overall in the ''Forbes'' "World's Most Innovative Companies" ranking, making it one of the highest-ranked IT services companies and a top Indian company. As of 2018, it is ranked eleventh on the Fortune India 500 list. In September 2021, TCS recorded a market capitalisation of US$200 billion, making it the first Indian IT tech company to do so. In December 2022, the market cap was Rs. 11,71,481.89 crore. In 20162017, parent company Tata Sons owned 72.05% of TCS and more than 70% of Tata Sons' dividends were generat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NortonLifeLock
Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock) is a multinational software company co-headquartered in Tempe, Arizona and Prague, Czech Republic. The company provides cybersecurity software and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. The company also has development centers in Pune, Chennai and Bangalore. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on security, the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas Technologies, and which Symantec had acquired in 2004, to The Carlyle Group. On August 9, 2019, Broadcom Inc. announced they would be acquiring the Enterprise Security software division of Symantec for $10.7 billion, and the company became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sopra Steria
Sopra Steria is a Paris-based consulting, digital services, and software development company. Sopra Steria has a new consulting wing under the “Next” brand. It employs 3,400 consultants across Europe, including 1,900 in the group’s native France. After adding the shares held directly in registered form by current and former Group employees, these proportions amount to nearl10% of the share capitaland 13% of voting rights, thereby making employees the Group’s second-largest shareholder. History Sopra was created in 1968, followed closely by the 1969 founding of Steria. SODERI (Information Research and Development Company) holds 51%, the BNP Group holds 29.5% and the Indochina Group holds 19.5%. By 1971, Sopra signed its first large global banking managed services agreement, which led to the first banking platform the following year. Steria computerized Agence France-Presse in 1973 by creating a text processing system that enables real-time information transmission. After ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infosys
Infosys Limited is an Indian Multinational corporation, multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures, and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking. On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. History Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CGI Inc
CGI Inc. is a Canadian multinational information technology consulting and systems integration company headquartered in Montreal, Quebec, Canada. CGI has a market value of $21.8 billion, making it one of the top 30 companies in Canada. The company went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60 and has a secondary listing on the New York Stock Exchange. As of 2022 CGI is based in forty countries with around 400 offices and employs approximately 88,000 people. Services provided by CGI as of 2018 include application services, business consulting, business process services, IT infrastructure services, IT outsourcing services, and systems integration services, among others. CGI has customers in a wide array of industries and markets, with many in financial services. History 1970s-1980s: Early years CGI Inc. was founded as an IT consulting company on June 15, 1976, in Quebec City, Québec, by Serge God ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hewlett Packard Enterprise
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas, United States. HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. The split was structured so that the former Hewlett-Packard Company would change its name to HP Inc. and spin off Hewlett Packard Enterprise as a newly created company. HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades under its own ticker symbol: HPE. At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc. In 2017, HPE spun off its Enterprise Services business and merged it with Computer Sciences Corporation to become DXC Technol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HCL Technologies
HCLTech (formerly Hindustan Computers Limited or HCL Technologies) is an Indian multinational information technology (IT) services and consulting company headquartered in Noida.It emerged as an independent company in 1991 when HCL entered into the software services business. The company has offices in 52 countries and over 210,966 employees. HCLTech is on the Forbes Global 2000 list. It is among the top 20 largest publicly traded companies in India with a market capitalisation of (Rs. Cr.) 279,209 as of March 2022. History HCL Enterprise HCL Enterprise was founded in 1976. The first three subsidiaries of parent HCL Enterprise were: * HCLTech – originally HCL's R&D division. It emerged as a subsidiary in 1991 * HCL Infosystems * HCL Healthcare The company originally was focused on hardware but, via HCLTech , software and services is a main focus. Revenues for 2007 were US$4.9 billion. Revenues for 2017 were US$6.5 billion, and HCL employed over 105,000 professiona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
