TaskUs Celebrates 17 Years of Transforming the Future of Work and Customer Experience

From its humble beginnings in the Philippines with just five teammates, TaskUs has grown into a global powerhouse of over 60,400 teammates, spanning 30 sites across 13 countries. Through an unwavering focus on staying true to its core values while continuously evolving, the company has built trusted partnerships with some of the world’s most forward-thinking and innovative brands, representing, protecting and growing their businesses.

“Seventeen years ago, TaskUs started with a simple yet powerful belief that an unrivaled employee experience would drive the greatest innovation,” said Bryce Maddock, CEO and Co-Founder, TaskUs. “Today, as we mark this milestone, I am incredibly proud of how our dedicated teammates have turned that belief into a movement. Seventeen years in, we have grown to a team of 60,000 people who show up everyday to deliver world class results and innovation for the world’s leading companies.”

TaskUs India stands as one of the company’s most dynamic and rapidly expanding regions. With over 14,000 teammates across five state-of-the-art sites across the country- Indore (Rangreza), Gurugram (Jamboree), Mohali (Oorja), Navi Mumbai (Dreamland) and Noida (HeritEdge), TaskUs India delivers digital services, customer experience, AI operations and back-office solutions to leading global clients.

The India operations are built on a foundation of creativity, well-being and cutting-edge innovation, reflecting TaskUs’ commitment to creating workplaces that are not only efficient but also empowering. From introducing holistic wellness programs and family-inclusive benefits, to integrating AI-driven transformation in operations, TaskUs India continues to redefine the modern workplace experience.

“Seventeen years of TaskUs is not just a milestone, it’s a celebration of the people who built it,” said Sapna Bhambani, Senior Vice President of Operations and Country Leader, TaskUs India. “India has become a powerhouse for innovation, talent and transformation within TaskUs. Our people-first ethos ensures that every teammate thrives while driving the future of digital experience through purpose, technology and trust.”

As TaskUs enters its 18th year, the company remains focused on pioneering digital transformation, empowering global and local teams and delivering next-generation experiences through its unique blend of human excellence and AI innovation. This extraordinary journey spanning continents, cultures and countless success stories has been made possible through the unwavering support of its dedicated teammates, valued clients and trusted partners who continue to believe in the TaskUs vision of redefining the future of work.

About TaskUs India

TaskUs India is a vibrant and rapidly growing arm of TaskUs, offering tech-enabled digital services, customer experience, AI operations and back-office solutions. With over 14,000 teammates across five modern sites- Indore (Rangreza), Gurugram (Jamboree), Mohali (Oorja), Navi Mumbai (Dreamland), and Noida (HeritEdge) our operations are grounded in creativity, well-being and cutting-edge innovation.

Each site is thoughtfully designed to reflect regional culture and inspire teammates: Rangreza celebrates colorful artistry, Jamboree brings a jungle-themed fantasy escape, Oorja channels energetic sports and gaming elements, Dreamland evokes the vibrancy of Bollywood and HeritEdge draws inspiration from Indian traditions, artistic stories and city life.

TaskUs India has also been recognized as one of the Top 10 Inspiring Workplaces in Asia, ranking No. 5, an achievement that underscores our strong culture of inclusion, well-being, employee voice and purposeful leadership.

For more information, kindly visit: www.taskus.com/locations/india.

Adarsh Kumar, Co-founder & COO, iEnergizer BPO
 

The ET Business Leader Awards, a hallmark of excellence in the business community, celebrate leaders who have shown outstanding innovation, dedication, and impact in their respective industries. Mr. Kumar’s recognition reflects iEnergizer’s consistent growth, operational excellence, and client-centric approach under his leadership. With a focus on integrating cutting-edge technology and developing a culture of continuous improvement, Mr. Kumar has positioned iEnergizer as a prominent and trusted partner in the global BPO landscape.
 

Expressing his gratitude, Mr. Adarsh Kumar said, “I am deeply honored to receive the ET Business Leader 2024 award for Excellence in BPO. This achievement reflects the hard work, commitment, and passion demonstrated by the entire team at iEnergizer. Our journey has always been about pushing boundaries, embracing innovation, and providing unparalleled service quality. This award is not just mine; it belongs to every member of Team iEnergizer who has contributed to our collective success.”
 

He further added, “We have always believed in transforming challenges into opportunities. The BPO industry is evolving rapidly, and we are committed to staying ahead of the curve, leveraging technology, and fostering talent development to drive sustainable growth. This recognition motivates us to continue our pursuit of excellence and reaffirm our commitment to delivering the best for our clients and partners.”
 

Under Mr. Kumar’s leadership, iEnergizer has expanded its service offerings, diversified its client base, and invested heavily in technology and skill development to stay ahead in the competitive BPO sector. His strategic vision has not only driven growth but also ensured that iEnergizer remains a preferred employer, fostering a culture of collaboration, inclusivity, and professional development.
 

The award reinforces iEnergizer’s position as a leader in the BPO sector, and the company looks forward to building on this success to further enhance its impact and service quality.

About iEnergizer

iEnergizer has significant experience in providing world-class omnichannel customer service as well as technical support services to Fortune 500 partners who are working to disrupt their respective industries. We have over 20 years of experience, integrated into our contact center services that support the entire customer lifecycle.  Out highly trained 20000 plus resource, spread over 8 delivery centers, provide services to over 70 partners in various business verticals.  By combining high quality people with state-of-the-art technology and proven business methodologies, iEnergizer collaborates with partners to help them excel in their respective industries, while maximizing their customers’ lifetime value.

For more information, please visit www.ienergizer.com.

Kody Technolab's indigenous 3D Printed Prototype Robot "Dasher" showcased at the investor meet

Inviting investors to be part of their revolutionary journey, Founder & CEO Manav Patel expressed, "This IPO is a new chapter in our book, filled with a remarkable growth story." Further, he also confirmed new products, introducing the robotics range from Kody Technolab.

This exclusive gathering featured engaging presentations by the leaders from various divisions of Kody Technolab, providing attendees with a comprehensive understanding of the company's strategic vision and innovation roadmap.

CTO Mihir Mistry shared insights about innovation, stating, "Our new R&D Lab in our Gift City office will let global markets experience India's hardware and software capabilities." The company's Chief Finance Officer, Sanjay Kidecha, emphasized commitment, saying, "The commencement of our IPO represents a momentous achievement. We are dedicated to creating value for our investors."

Assuring shareholders, the CSO of the company, Deep Panchal, highlighted, "With our new Robotics range, we have a breakthrough lineup that will help us enter new markets, creating tremendous value for our shareholders."

The IPO will consist of 1,720,000 equity shares, each priced at Rs. 160, providing investors with an opportunity to participate in Kody Technolab's growth story. The company's decision to list on the NSE SME exchange reflects its strategic approach to fostering a dynamic marketplace for its shares.

IPO Snapshot:

IPO Date: September 15, 2023.

IPO Size: 17,20,000 Equity Shares.

Issue Price: Rs. 160 per equity share

Listing Exchange: NSE SME.

Kody Technolab's journey to this IPO has been marked by its remarkable contributions to digital transformation, enterprise app development, and pioneering work in emerging technologies like AI and ML, and Robotics. With a global expansion strategy that includes offering localized support on a worldwide scale, Kody Technolab is poised to solidify its reputation as a global leader in software development.

About Kody Technolab

Kody Technolab is a leading software development company specializing in enterprise-level projects and mobile application solutions. With a focus on emerging technologies such as AI, ML, and robotics solutions, Kody Technolab is at the forefront of innovation. Having successfully delivered 250+ projects and garnered the satisfaction of 150+ clients, Kody Technolab is poised to transform the industry and continue delivering cutting-edge software solutions to businesses in more than 30+ countries around the world. 

Ajay Thakur, Shekhar Suman, Manoj Joshi, Sudhir Mungantiwar, Yogesh Lakhani, Sundararaman R, Prasad Lad, Sameer Patil and Parth

The MD and CEO of BSE, Mr. Sundararaman Ramamurthy, Head of BSE SME Mr. Ajay Thakur and Mr. Subramaniam, President of BSE also attended the event. Officials of BSE shared how raising Rs. 55 crore in any (SME) IPO at the end of March is a very difficult task, Bright's IPO was oversubscribed, which was a remarkable achievement and shows the credibility of Dr. Yogesh Lakhani.

All the guests were felicitated with momento and shawl. Maharashtra Cultural Affairs Minister Sudhir Mungantiwar, present as the chief guest, shared his experience with Dr. Yogesh Lakhani in his journey and wished him all the best.
 

Prasad Lad BJP MLC said, "I have known Yogesh Lakhani since the time he used to sell matchboxes for Re 1, his journey from there to Bombay Stock Exchange has been amazing and unmatched. Best wishes for his future."
 

Actor Manoj Joshi said, "I have been following Dr. Yogesh Lakhani ever since he entered the industry. He started his work on a table from a simple small scale industry and today the IPO of his company Bright Outdoor Media Limited is happening, this is an example of a self-reliant India. Yogesh Lakhani's passion and his sense of service should be admired."
 

Actor Shekhar Suman said, "Today is a historic day for Yogesh Lakhani as the bell ringing ceremony of his company Bright Outdoor Media Limited took place at Bombay Stock Exchange, a historic place. This IPO tells the story of an extraordinary feat of an ordinary man. He has come such a long way with his hard work, dedication and patience, yet he is a down-to-earth and humble person. Simplicity is his virtue and he keeps smiling every moment. The whole industry knows him. He has won hearts by smiling while shaking hands with everyone. His simplicity has helped him with God's blessings where he enjoys a great position."
 

Dr. Yogesh Lakhani thanked his parents, God, all well-wishers, friends, family members, guests and his staff on this occasion and shared, "I started working at a very small level and today reached such a milestone. It is a big achievement for all of us and I am happy for the same."

Jagruti Lakhani, wife and Anugrah Lakhani, son of Dr. Yogesh Lakhani were also present.
 

Bright Outdoor Media Limited thanks all the investors for the amazing response to its IPO. The IPO was subscribed 1.20 times. The Non Institutional Investor Portion was subscribed 1.27 times and the Retail Individual Investors Portion was subscribed 1.14 times.

Homesfy Team

The initial public offering (IPO) of Homesfy.in will begin on Wednesday, December 21, 2022 and end on December 23, 2022. It will offer 8,05,200 Equity shares with the fixed price of Rs. 197.00 per share. Retail Investors can apply for a minimum & maximum of 600 shares (1 Lot) amounting to Rs. 1,18,200.00 & HNI Investors can apply for a minimum 1200 shares (2 Lots) amounting to RS. 2,36,400.00. The shares of the company will be listed on NSE Emerge Platform.

Recently, marquee investors led by Girish Gulati and others have picked up stakes in the company. The proceeds from the proposed offering will be used by the company for its Working capital requirements, General corporate purpose, and organic growth, the firm said in a statement. Sarthi Capital Advisors Pvt. Ltd. are the lead managers and ATMS & CO LLP are the advisors to the issue.

“We are a mid-sized company which now aspires to take the next orbit of growth as we always believed that we have the potential to become a well run property advisory institution. Hence the opportunity to get listed on NSE Emerge is a big step in that direction,” said Ashish Kukreja, Founder & CEO of Homesfy Realty Ltd. 

Homesfy.in is one of the fastest-growing companies in this full-fledged, organized real estate industry. With over 400+ motivated team members spread across Mumbai, Pune, Delhi NCR, and Bengaluru, the firm partners with all reputed builders in the country to facilitate their real estate sales. Founded a decade ago, Homesfy has been the preferred channel partner for builders and developers like Lodha, Godrej, Prestige, Dosti, Runwal, Hiranandani, Piramal, Raymond, Mahindra to name a few. In the last FY, Homesfy has collaborated with more than 106 developers.

For the year ended March 31, 2022, the company reported a net profit of Rs. 3.18 Crores with its total revenue of Rs. 30.31 Crores. It reported a profit of Rs. 1.39 Crores with total revenue of Rs. 12.39 Cores till June 30, 2022.

For any details about IPO visit: www.homesfy.in/investor_corner.

About Homesfy

Homesfy Realty is a leading real estate brokerage platform with a presence across the top 4 cities in India. Homesfy has endeavored to spur the real estate industry towards value-added professional service where trust and confidence meet convenience and transformational business transactions.

The Chennai-based eNTrust Software & Services, a fully owned subsidiary of NTrust Infotech USA, a Commercial Real Estate (CRE) software and services company with a global footprint, has acquired Eximius, a Philippines-based leading BPO company for the CRE industry internationally.

Srikanth Ramachandran, CEO, NTrust

The acquisition, an all-cash deal for an undisclosed amount, makes NTrust Infotech one among the world’s largest independent providers of CRE services. Post-acquisition, both the companies will retain their independent identities, market positioning, and management and operations team. NTrust will leverage its domain expertise and technological prowess to expand Eximius BPO’s capabilities and global client base.

NTrust has close to 20 years of experience in providing lease abstraction, administration, and accounting services for a range of real estate investment trusts (REITs), real estate owners/developers, fund managers, and CRE service providers. The company uses Artificial Intelligence extensively for its lease abstraction and administrative services.

REmaap^AI, NTrust’s flagship abstraction and workflow platform, provides a range of automated features while maintaining a “Human in the Loop” approach to abstraction. The tool automates the OCR, Document QC, and Clause Identification processes; assisting the abstraction team by identifying clause language across all lease documents. REmaap also provides for automated data validation through its robust business rules engine.

Commenting on Eximius acquisition, Mr. Srikanth Ramachandran, CEO, NTrust, said, “We are pleased to welcome Eximius to the NTrust team. Combining their talented and experienced workforce and our technological prowess, we will be creating one of the largest CRE services companies in the world. Joining hands with the excellent talent pool of Eximius also gives us the opportunity to significantly grow our lease and property accounting services.”

In his comments, Mr. Javey de Venecia, President and General Manager, Eximius, said, “Our acquisition by NTrust provides us with access to their tremendous AI and robotic process automation platforms, and talented technology resources. This will allow us to expand and provide our clients a host of quality lease abstraction and administration services, quicker turnaround times, and improved reporting capabilities. We look forward to multiplying our services capabilities and growing our business both in size and scope.”

About NTrust

NTrust is the global industry leader specializing in delivery of technology-enabled services for the CRE industry. Established in 2003 by CRE industry specialists, NTrust has over 1,100 employees worldwide and has completed over 1,000,000 lease abstracts from 40 languages and 106 countries. Our clients include global REITs, owner/developers, service providers and occupiers.

About Eximius

Eximius BPO provides high-value real estate processing services. Our goal is to help businesses organize and access critical information so they can focus on core competencies. We deliver these services with an understanding of the service-level, security and scalability requirements necessary to succeed. Our services are enhanced by selective recruitment, intensive training, and a meticulous Quality Control Process.

Mr. Neeraj Tandon, Chief Mentor at ICCS - a leading BPM services provider in India

ICCS has aggressive growth plans and wants to grow 5 times in three years and eventually be a billion dollar company serving global markets in digital led process and technology services. That is where a professional like Mr. Tandon, with his deep experience in both domestic and international markets, can bring tremendous value.

Mr. Neeraj Tandon is an alumnus of IIT Delhi and IIM Bangalore and was previously the Chief Executive Officer of Conneqt Business Solutions Limited (formerly Tata Business Support Services Ltd.). Before that he was a Senior Vice President with HCL Technologies and led the BPO business for US, Europe, Middle East and Asia markets. He has also worked with IBM for 4 years.

Speaking on the appointment, Mr. Divij Singhal, CEO and Managing Director ICCS, said, “We are pleased to welcome Mr. Neeraj to the ICCS team. He has extensive knowledge and experience in the Industry and, under his mentorship, we hope to accelerate our growth and become a globally competitive, best in class BPM organization.”

On accepting his role as the Chief Mentor, Mr. Tandon said, “I was looking to mentor and scale up a BPM organization and in ICCS I found the perfect fit. Mr. Divij Singhal has a clear vision of where he wants to take the company and we will work together to get to that goal.”

This development comes while ICCS is planning to hire over 8000 employees by the end of the financial year, expand its delivery footprint to more towns and focus on BFSI, Retail/E-Commerce and Healthcare verticals for growth.

ICCS has been in business for more than 18 years and offers a range of solutions in customer interaction and back office services to marquee clients in a wide spectrum of industries. It is constantly innovating, with the help of its partners and alliances, to offer best in class services to its clients and become their partner of choice.

Mr. Sidhavelayutham Founder and CEO, AliceBlue

Commenting on the same, Mr. Sidhavelayutham, CEO and Founder, Alice Blue said, “In fact a large number of Alice Blue clients have been steadily investing in the IPO bouquet that has been making the rounds over the last couple of years. We are also seeing a lot of excitement around forthcoming IPO’s from the likes of LIC & Anuras, Craftsman, Easemytrip & Suryoday. These traditional companies taking the IPO route have boosted investor confidence in the stock markets.”

He further said, “Based on market estimates, LIC has provided insurance policies to more than 30 Cr policies over the last 60 years, which are roughly 20% of the country’s population. Additionally their ability in promoting their policyholders to open a Demat Account over the years by itself has increased the total Demat Account Holders from 5% of India’s population to around 20% of India’s population. This acts as an enabler for a large chunk of population to be able to invest or trade in the stock market.” 

The LIC IPO is touted to be among the largest & most awaited in the recent times is most likely to be launched in the fourth quarter of FY 21-22 and is expected to be in the size of Rs. 80,000 Crore to Rs. 1,00,000 Crore, making LIC only next to Reliance and TCS in market capitalization. 

According to market analysts' estimates, the last few months have seen massive outflows of money from the market. Looking at the figures, we can see that people sold around Rs. 12,000 Crore worth of their shareholdings in April, Rs. 6,000 Crore in May, Rs. 23,193 Crore in July, Rs. 2,568 Crore in August, and Rs. 25,572 Crore was drawn from the markets in October. These findings correspond to the fact that around 2 Crore new investors have entered the market in the last year. These investors are not interested in making a long-term commitment. Their goal is to make a profit as quickly as possible and exit the market, which is not suitable for the long run-in economic terms

About Alice Blue

Alice Blue is one of India’s leading online brokerage firms offering investment services at the lowest brokerage fee. Based in Bangalore, the company has its presence across 20 cities in India. Founded in 2006, Alice Blue today serves more than 1 lakh active traders and more than 10000 partners every day. The company is a member of MCX, NCDEX, NMCE & NSEL and recipient of multiple MCX awards over the last few years as ‘the best stock broking company’.

Alice Blue offers a suite of technology Apps and tutorials to make online trading simple and smart.

For more details, please visit: www.aliceblueonline.com.

The AP Insider Business Award recognises the Global Business Process Outsourcing Company that has most consistently provided exceptional services to their customers throughout the past 12 months. We’re thrilled to have been awarded, in a year when we’ve enjoyed some incredible recognition of our work from the sector.

In August, we received the Excellence in Outsourcing at the 7^th National Award by World HRD Congress, and this was followed by the BPO Organization of the Year at the Asia’s Employer Brand.

Leadership Team @ iEnergizer BPO

Adarsh Kumar, MD & COO of iEnergizer, commented, “The biggest challenge for our business this year has been adjusting to huge changes in the market. We’ve swung from the supply-rich environment we saw at the height of furlough, to a landscape of acute talent scarcity and supply chain crises. Throughout all this, our people kept the customer experience at the heart of their decision-making, acting quickly to ensure nobody was disadvantaged by the shift to remote processes - and keeping that all-important human touch despite a reliance on software and screens. I’m so pleased for, and proud of, the team for this recognition, this is a fantastic achievement for all at iEnergizer.”

AsiaPac Insider, United Kingdom, 2021 – APAC Insider Magazine has announced the winners of the 2021 APAC Business Awards programme.

APAC Insider is hosting the Business Awards programme for its consecutive year and takes great pride in awarding businesses from all industries, big or small, new start-ups or established across the APAC region. Many industries and economies within the APAC region have suffered greatly at the hands of Covid-19 but businesses have shown determination and have worked hard to make sure that their customers and clients do not have to suffer as a result.

Our Business Awards programmes is designed to acknowledge the achievements of businesses covering the APAC region and have demonstrated a sense resilience and have persevered to reach new heights of success despite the troublesome times.

Following on form the announcement of the winners, our Awards Coordinator, Katherine Benton has commented, “It was an absolute pleasure hosting the Business Awards this year and I would like to offer my sincere congratulations to all of the winners who have been recognised by APAC Insider. I wish all the winners all the best for the new year!”

To find out more about these prestigious awards, and the dedicated professionals selected for them, please visit www.apac-insider.com/awards/business-awards where you can view our winners supplement and full winners list.

About iEnergizer

iEnergizer has significant experience in providing world-class omnichannel customer service as well as technical support services to Fortune 500 partners who are working to disrupt their respective industries.  We have over 20 years of experience, integrated into our contact center services that support the entire customer lifecycle. Out highly trained 20000 plus resource, spread over 8 delivery centers, provide services to over 70 partners in various business verticals. By combining high quality people with state-of-the-art technology and proven business methodologies, iEnergizer collaborates with partners to help them excel in their respective industries, while maximizing their customers’ lifetime value.

For more information, please visit www.ienergizer.com.

iEnergizer - Asia's Best Employer Brand Awards 2021

The company has been hailed as BPO Organization of the Year in large company tier due to the outstanding customer service it has offered throughout the highly challenging 2020. iEnergizer has shown a strong performance in the customer service department throughout the last couple of years, with the Company’s client reporting a highly satisfactory experience.

This achievement is a direct consequence of the company’s commitment to delivering high-quality solutions and support for all its clients. “For all its challenges, 2020 proved to be a fantastic year for iEnergizer, a year in which we strived to deliver elite customer service and value every single day,” said iEnergizer’s Chief Operating Officer, Adarsh Kumar, “We have always embraced a customer-first philosophy and winning this award is a sign of our ability to continuously to do so, even in the face of the harshest market conditions.”

iEnergizer is a global player in Business Process Outsourcing (BPO) and IT-enabled services and solution provider for the organization of all sizes. With constantly growing team made by the company’s expertise in managing distributed teams, has helped in building a solid reputation as custom solutions provider with superior customer services.

The BPO Organization of the Year is granted by a panel of experienced judges that evaluates each nomination’s value and relevance as well as their performance according to a proprietary and unique scoring system by the World HRD Congress & CMO Asia.

This award is yet another accolade for iEnergizer in 2021, a year that already saw the company being recognized for Excellence in Outsourcing by the National Awards, in their 7^th edition.

This strong going for the year is a continuation of the incredible successful 2020-2021, in which the company was awarded multiple accolades by clients.

About iEnergizer

iEnergizer has significant experience in providing world-class omnichannel customer service as well as technical support services to Fortune 500 partners who are working to disrupt their respective industries. We have over 20 years of experience, integrated into our contact center services that support the entire customer lifecycle. Out highly trained 20000 plus resource, spread over 8 delivery centers, provide services to over 70 partners in various business verticals. By combining high quality people with state-of-the-art technology and proven business methodologies, iEnergizer collaborates with partners to help them excel in their respective industries, while maximizing their customers’ lifetime value.

For more information, please visit www.ienergizer.com.

Adarsh Kumar, Chief Operating Officer, iEnergizer

“Excellence in Customer Service has become a major theme for organizations across virtually all industries and this year’s winners are a testament to the creativity, passion and perseverance of organization in Outsourcing Industry," said Dr. R L Bhatia, Director, of the National Awards/World HRD Congress. “We are thrilled to be honoring iEnergizer as they are leading by example and making real progress on delivering the Excellence in Customer Service to so many.”
 

“On behalf of our 20,000 employees and customers, I thank National Awards for this wonderful award. Their dedication and excellence earned this honor for iEnergizer," said Adarsh Kumar, Chief Operating Officer, after receiving the award. Mr. Kumar, further added, “Services are a strategic lever for our customers and vital to our customer-obsessed company value, iEnergizer brings together the expertise, technology, and best practices to guide enterprises in setting their CX vision and enabling successful execution worldwide. The Excellence in Customer Services award recognition provides further validation for how iEnergizer is supporting customers and empowering them to unleash their own customer experience excellence and turn into a competitive advantage.”
 

Excellence in Customer Service

The National Awards are in the 7^th year. It is a premium forum bringing elite marketers, brand custodians and creative honchos together under one roof from across India.
 

The Awards bring the best industry professionals who have made the outstanding contribution in the industry.
 

About iEnergizer

iEnergizer is a global provider of customized Business Process Outsourcing (BPO) services focused on offering innovative solutions for business clients from around the world. Our successful delivery model offers solutions covering complete customer lifecycle across BFSI, Gaming, Automotive, Healthcare, Telecom, Consumer Durables, E-commerce, Retail and Travel verticals leveraging collaborative models that are tailored to address the unique business challenges of each client and help them build brand loyalty and improve customer experience.
 

We partner with our clients to help them stay ahead of the curve through transformational solutions in order to reimagine business processes and deliver increased efficiency, deeper insights and superior outcomes.
 

We are always persistent in our efforts towards unceasing enhancement and deliver on our promises, every time.
 

At iEnergizer, we believe that working with our clients is like an opportunity that helps us generate mutual business values for our clients and us.

Kwantics, Noida based AI company specializing in Call Center Automation, Speech Analytics and Voice Bots have raised funding from Marshall Group, Faridabad based diversified industrial house. The amount invested and subsequent valuation was not disclosed by either party. The founding team comprises of Chakrapani Mishra, an alumnus of IIT Bombay and Anant Tripathi, an alumnus of IIT Kharagpur & ISB Hyderabad.

Speaking on the fundraise Anant said, “We will deploy funds to accelerate revenue growth and further invest in technology.” 

Kwantics has developed AI-based speech engines and language understanding modules focused on various Indian languages. 

Asked about the differentiation Chakrapani said, “Our product leverages the power of AI in speech and understanding of natural language to give a highly scalable and scientific means to analyze call audios in real-time and create human-like conversational bots. We have developed in-house speech engines in multiple Indian languages.”

Dr. Dewan D Lal Chopra of Marshall Group, speaking on what interested him in a technology company, “We intended to diversify in technology space for quite some time and we found Kwantics team to be the right partners, as I strongly believe sharing vision & knowledge is vital.”

• The company has partnered with all major payment gateways like PayU, RazorPay, Billdesk and Cashfree

• ZestMoney has an extensive partner base of over 2,500 merchants across different industries

Ruhan Rajput, a renowned entrepreneur, Co-founder and Director of Einfolge Technologies Pvt. Ltd. was awarded with the prestigious Entrepreneur Award 2019 on 18^th July 2019 at JW Marriot Hotel, New Delhi. He won award in the category of ‘Entrepreneur of the Year in Service Business – BPO / KPO'.

Ruhan Rajput Honored with Entrepreneur of the Year Award, 2019

Ruhan was acknowledged for his contributions and achievements in the business industry. His company, namely, Einfolge Technologies Pvt. Ltd. is one of the leading players in knowledge process outsourcing (KPO) industry. The company operates to provide comprehensive research, analysis and expert solutions to its clients.

Entrepreneur India, America’s number one business magazine along with Franchise India hosted the event from 17^th July to 18^th July. The inspiration behind the event is to bring leading Entrepreneurs, Start-ups, SME, Investors, Global Luminaries, Indian Government officials etc under one roof and acknowledge them for their milestones. Other eminent personalities and dignitaries from various fields like business, entertainment, science and technology, trade and retailers, etc were present at the event.

Ruhan Rajput after receiving the award said, “Being recognized by the jury at such a platform is a great opportunity for me and my company. It’s been a long journey since where I have started, and this would not have been possible without the efforts and hard work of my teammates and colleagues. They are the real heroes who work day and night to make this company great and achieve new heights. I would like to dedicate this award to all the entrepreneurs out there who have the vision to make this country grow.”

Besides business, Ruhan Rajput also excels as an actor and model in Bollywood. He made a debut in the film industry with Pravat Rout’s film, ‘Prarabdh’, followed by three music albums: ‘Mohabataiyan’, ‘Khidaki ka Parda’ and ‘Saiyan Re’. Recently, he was starred in ‘Dil Mera’ produced by Zee Music Company and is currently working on music album with Arman Malik.

About Einfolge

Einfolge Technologies is one of the most active players in knowledge process outsourcing (KPO) industry. We provide a wide range of knowledge solutions across various domains. Our Solutions include Patent and IPR, Market and Business Research, Clinical Data Management and Legal Data Assessment.We help clients to streamline operations, reduce cost and enhance business efficiencies through our expert solutions. We offer personalized and customized services with strict adherence to deadlines and constant client interaction.

Teleperformance - Global Aon Best Employer 2018

Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Its Best Employers program measures and recognizes employer excellence worldwide. In 2018, over 1,000+ organisations with nearly 14 million employee responses participated in the Aon’s Best Employer study.

“It’s an honor to be recognized as Global Best Employers yet again by Aon as a #NextGenOrg which is consistently agile. This is the 5th Aon recognition for us consistently since 2014, which strongly validates our People focus where Each Interaction Matters.” shares Sanjay Mehta, Managing Director, Teleperformance India. He further adds, “I am proud to be on this team of amazing people who embrace and act with goodness first, living by strong values of helping the weakest links to win as a team and that’s why they shine above all. It’s a very unique culture. I want to thank you all Teleperformers for making us the best BPO to work for in India.”

With almost 20 years of experience in best employer studies across the world, and backed by more than 40 years of experience in employee research, the Aon Best Employers program compares organizations to identify those that strive to create a competitive advantage through their people and become employers of choice.

To achieve global recognition through the Aon Best Employers program, Teleperformance in India was assessed on four measures:
 

1. Engagement Index: Teleperformance in India employees speak positively about their employer, intend to stay and are motivated by their employment experience to do their best work every day.

2. Leadership Index: Teleperformance in India leaders clearly define the vision for the future, recognize employees’ critical importance and lead them to success.

3. Performance Culture Index: Teleperformance in India employees are aligned to company goals and are rewarded and recognized for their contributions.

4. Employer Brand Index: Teleperformance in India employees are proud of the company they work for and know what makes it distinctive as a place to work.

Teleperformance in India’s key differentiator is its #PeopleSmart culture driven by the 5Ps including People, Passion, Purpose, Pride (Inspiration) that feeds into the output of Performance, leading to consistently positive employee and customer interactions. It offers several unique employee programs operated globally by Teleperformance Group, including: Teleperformance University, a customized college course that relays culture while exchanging worldwide best practices in customer relationship and experience management; and JUMP, a development program created to identify and prepare high-potential employees to take on leadership positions in the company. Our people are associated with client and Teleperformance values to deliver consistently high engagement for each interaction. #EachInteractionMatters

“We are seeing an increasing amount of change in the world - socio-political change, competitive disruption, technology advancement, and changing talent expectations - which is impacting on organisations, and particularly employees within organisations. This is creating a sense of urgency for organisations in thinking about how they respond to these changes to attract, engage and retain key talent. Critically, the impact on employees is uneven depending on how organisations respond, with high performing organisations - those with the strongest employee engagement - really focusing their efforts on creating an agile mind-set and working environment, led by engaging leaders, who have a magical focus on their talent. We are delighted to again to recognise Teleperformance India as one of Aon’s Best Employers and, given the tremendous amount of change in the world, it is all the more remarkable that Teleperformance India has retained its Best Employers status every year since 2014, and speaks to the efforts of Teleperformance India in creating and sustaining a culture of engagement.” said Jake Outram, Principle Consultant, Aon.

About Teleperformance In India

Teleperformance in India, established in 2001, is the leading provider of outsourced Omnichannel Customer Experience at every touchpoint. Known for pioneering the super value non-metro business model and as the #1BPO to work for in the country, Teleperformance is the preferred offshore contact center destination for English speaking nations, delivering specialized services with over 13,300+ employees across 7 centers in 4 Indian cities.

In 2016 the team pledged for parity, launching the #GenderSmart initiative for equal representation of women and men across spheres in the company, aligned with policies that make us an even better place to work.

For more information: www.teleperformance.in; in.blog.teleperformance.com.

Follow us on Twitter: @tpindiaofficial.

Follow us on LinkedIn: company/teleperformanceindiaofficial.

Ruhaan Rajput

As we all know, there is no substitute for hard work. It’s only because of the hard work and dedication that he managed to be the part of this industry. In the initial days of his career, he has worked in various short films & music videos, one of an award winning short film “Potly” which was directed by Sanjay Bugalia. Ruhaan has also appeared in various television commercials like “Beti Bachao, Beti Padhao” etc.

Mr. Rajput is not only confined to Hindi cinema but has also done cameo in a Telugu film “Bruceli” and Pravez Pathan’s “Mumbai Man”. Speaking about his journey and future goals, - “Currently, I am looking forward to the release of my upcoming movie “Prarabdh” said Ruhaan. “Apart from this, I have recently completed the shoot of Dr. Vishwanath Dixit’s “Ishq Mera Ruhaani” which will be releasing in the month of September 2018.” When asked about his appearance in the upcoming music album “Khidki”, he said, “Just like my previous music album “Mohabatayein” which was a big hit last year, I hope people will like my work in my upcoming music album “Khidki” also, which is going to release anytime soon.”

Ruhaan Rajput is not only good in acting but has a good business sense too. He is the director of “Einfolge”, a company which deals with patents, trademarks and IPR services globally. He also owns a “Skin and Hair Clinic” chain by the name of “Gloss Skin and Hair Clinic."

When asked about his business ventures, Ruhaan said, “Presently, I am running two business ventures. Einfolge basically deals with trademarks and IPR services globally. Another one is Gloss skin and hair clinic which provides services and treatments especially for skin and hair. I look forward to not only doing the best I can in the field of entertainment but also expanding both the ventures.”

Newgen Software celebrates 25th Anniversary

The exhilarating occasion was organized by Newgen Employee Welfare Society (NEWS) which promotes the spirit of celebrations among Newgen employees, besides offering them a distinct platform to learn and grow together. Over 1200 employees of the company attended the event which also witnessed a galaxy of eminent personalities and the leading lights of the industry.

Exhilarating performance of Punjabi Squad- Ramji Gulati, Neeru Rawal and Tochi Raina

With much liveliness and a sense of accomplishment amidst cheering crowd, Diwakar Nigam, MD & Chairman, Newgen Software said, “We are celebrating 25 years of success and innovation. I take this opportunity to congratulate all our employees and business associates on reaching this important milestone and look forward to continue our tradition of revolutionising the growth in software product industry across the world.”

“We as an organization provide an environment which helps employees to realize their potential and make them go a step ahead towards self-development. We sincerely believe that energetic employees positively influence productivity - morale - vision of the company” adds Mr. Nigam.

The hard work, dedication and the commitment of Newgenites towards achieving excellence have been the key driving force behind the company’s impressive growth in all these years. Saluting the true spirit of this glorious journey, all the offices of the company ushered in week long celebrations through in house events culminating in a grand crescendo.

Newgen, an ISO 9001:2008, ISO 27001:2013 certified company and recognized by distinguished analyst firms including Gartner and Forrester, believes in creating a workplace where individual determination and brilliance find expression and it continuously thrives on creating a culture that attracts people with multidimensional skills and experiences.

For more details, please visit: www.newgensoft.com

The interactivity and personalization available within Excelia via the contemporary conversational interface makes it an ideal choice for employee engagement and interaction across multiple business verticals.  It is designed to be easily customizable, allowing users to complete everything from simple tasks to automating complicated workflows. Excelia uses machine learning and artificial intelligence to adapt to various tasks.

Sumit Sabharwal, Managing Director (India & SAARC), Excelity Global

Sumit Sabharwal, Managing Director (India & SAARC), Excelity Global said, “We are always exploring new initiatives that make employee experience and engagement superior. For employees, chatbots deliver an unmatched level of employee experience, from real time answers for HR questions to personalized learning and development.” The bot, currently accessible for Excelity’s staff, provides access to a range of HR resources, such as support for common HR functions such as viewing pay slips, viewing tax reports, highly-personalised responses based on user’s profile and pre-trained common HR queries, access anytime anywhere, handling multiple users at the same time among others.

“Excelia is an intelligent Chatbot provide automated solutions to tedious tasks, such as password reset, viewing payslip or tax reports, by making them as easy as sending a text or giving a spoken command ” said, Sudheer Noohu, Chief Platform and Technology Officer, Excelity Global.

AI implementations are set to explode within the next three years, with the global artificial intelligence market forecast to reach more than US$47 billion by 2020. “Excelia is yet another example of our deep and 20 years long-standing commitment to automation that enables businesses run better, grow faster and co-create value for all employees,” added Sabharwal.

About Excelity Global

Excelity Global is Asia Pacific’s largest payroll services provider also offering end-to-end HR - BPaaS, SaaS, PaaS provider with over two decades of experience. It partners with 1,200+ client entities to help them manage and administer their Payroll & Retrials functions more efficiently. Excelity Global processes USD 54 Bn. transactions on its propriety platform and its current clients include top Global- Banks and Financial Institutions, e-commerce, utility, IT and FMCG corporations.

For more information, please visit us at www.excelityglobal.com.

TCS is a Pega Strategic Consulting Partner, the highest level of services partnership. TCS has one of the largest Pega ecosystems, with more than 75% of its Pega focused employees being certified specialists. It also has a global business solution center focused on Pega technologies and established academic partnerships that enable TCS to successfully deliver business outcomes to shared Pega and TCS clients.

“We’re happy to acknowledge TCS’ high performance with this Excellence in Driving Customer Success Award,” said Ken Nicholson, VP, Global Alliances, Pega systems. “TCS continues to invest in a wide range of Pega product certifications and resources at the highest levels, which play a key role in delivering exceptional performance and driving customer success.”

“This prestigious award reflects our continued commitment to position and deploy a full service play of Pega products to our clients, thereby enabling them to automate, transform and grow their businesses with greater efficiency and agility,” added PR Krishnan, Executive Vice President, Enterprise Intelligent Application, TCS. “This award demonstrates the quality and depth of TCS’ work with Pega.”

In addition to this esteemed accolade, TCS Japan received the Best Partner Award from Pega Japan in 2016 and Best Business Transformation in Communication in 2015. TCS has also been consistently ranked highly across various analyst evaluations.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 387,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $17.58 billion for year ended March 31, 2017 and is listed on the BSE Limited and National Stock Exchange of India Limited.

For more information, visit us at www.tcs.com.

To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.

TCS media contacts

“We are deeply honored to be recognized for the seventh consecutive year as one of the best outsourcing partners in the world,” said Chris Lord, Global Head - DigiCX; Growth, Strategy and Marketing. “Our commitment is to put ourselves in the shoes of the consumer every time we apply the HGS consultative-led inside-out and outside-in design thinking methodology. By doing this, we optimize the customer experience and make brands more competitive by providing the right answer, fast. HGS’s approach has always been to create win-win solutions for both consumers and brands.”

As a leader in optimizing the customer experience and advancing clients to become more competitive, HGS is unique in its approach. HGS integrates self-service and live agents, when necessary, to facilitate ‘bots and brains’ working together to leverage analytics and automation in a variety of ways. HGS implements its proprietary Unified CX Strategy® for managing interactions over any device, at any time or via any channel including voice, email, text messaging, video and live chat and employs innovative tools such as the DigiCX suite to reinvent a client’s existing customer experience.  

“Now, more than ever, outsourcing end users need to be able to easily identify and select the right company for their outsourcing needs,” said Debi Hamill, IAOP CEO and Global Outsourcing 100 co-judging chair. “It is great recognition being named to The Global Outsourcing 100 and The World's Best Outsourcing Advisors lists. Given the strong, global competition, these companies should be proud of achieving excellence in the field.”

The Global Outsourcing 100, now in its 12th year and its sub-lists are essential references for companies seeking new and expanded relationships with the best companies in the industry. The lists include companies from around the world that provide the full spectrum of outsourcing services. IAOP, specifically, is an association that brings together customers, providers and advisors to improve business service models and outcomes.  

For more information, please visit: https://www.iaop.org/Content/19/165/4701.

About Hinduja Global Solutions

HGS is a leader in optimizing the customer experience and helping our clients to become more competitive. HGS provides a full suite of business process management (BPM) services from traditional voice contact center services and transformational DigiCX services that are unifying customer engagement to platform-based, back-office services and digital marketing solutions. By applying analytics, automation, and interaction expertise to deliver innovation and thought leadership, HGS increases revenue, improves operating efficiency, and helps retain valuable customers. HGS expertise spans the telecommunications and media, healthcare, insurance, banking, consumer electronics and technology, retail and consumer packaged goods industries, as well as the public sector. HGS operates on a global landscape with over 44,200 employees in 68 worldwide locations delivering localized solutions. For the year ended 31st March 2017, HGS had revenues of US$ 555 million. HGS, part of the multi-billion dollar Hinduja Group, has more than four decades of experience working with some of the world’s most recognized brands.

• Majority of companies see AI as essential to competitiveness, consider it transformative and view the technology as important or highly important to remaining competitive in 2020

• 68% of Companies use AI for IT Functions, but 70% believe AI’s greatest impact by 2020 will be in functions outside of IT such as Marketing, Customer Service, Finance and HR

• Companies with the Greatest Financial Improvements from AI Investments expect three times as many new AI-related roles by 2020 as compared to companies with smallest improvements

Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today unveiled its Global Trend Study titled, “Getting Smarter by the Day: How AI is Elevating the Performance of Global Companies.” Focused on the current and future impact of Artificial Intelligence (AI), the study polled 835 executives across 13 global industry sectors in four regions of the world, finding that 84% of companies see the use of AI as “essential” to competitiveness, with a further 50% seeing the technology as “transformative.”

Widespread AI adoption expected across job functions

Exploring the views and actions of decision makers from global companies with average revenues of $20 billion, the study revealed AI is spreading across almost all areas of a company. The biggest adopters of AI today are, not surprisingly, IT departments, with two-thirds (67%) of survey respondents using AI to detect security intrusions, user issues and deliver automation. However, by 2020, almost a third (32%) of companies believe AI’s greatest impact will be in sales, marketing or customer service, while one in five (20%) see AI’s impact being largest in non-customer facing corporate functions, including finance, strategic planning, corporate development and HR.

Companies participated from a range of industries, including automotive, banking and financial services, energy, healthcare, life sciences, industrial manufacturing and retail. This cross-sector level of insight highlighted AI’s workplace impact as animportant supplemental force for the next few years. Examples include guiding customer service representatives to more quickly resolve customer problems and anticipate future purchases, quickly and securely reconciling mass overnight transactions for financial institutions, or giving time back to HR professionals by managing the time consuming on-boarding processes for new hires.

As for the ongoing debate regarding AI’s impact on jobs, business executives in the study estimated net reductions in each function by 2020 of between 4% and 7%. However, companies with the biggest revenue and cost improvements from AI see the need for at least three times as many new jobs in each function by 2020 because of AI, as compared to companies with the smallest AI-related revenue and cost improvements. AI is already being used to automate certain processes and drive efficiencies, help employees be more productive and devote more time to more strategic business needs, and create new work and services that were not possible in the past.

“As companies begin to gain a better understanding of AI’s application for business, they will realize the significant impact of this transformative force. This is reflected in our Global Trend Study, which shows that forward-thinking companies are beginning to make major AI investments,” said K Ananth Krishnan, Chief Technology Officer of TCS. “Given the increasing digital disruption across every industry and the public sector, AI should become a key and integrated component of an organization’s strategy.”

AI investments and returns rising; North America and Europe lead the charge

As AI becomes a mainstream technology, financial investments in AI are set to rise, as 7% of companies each earmarked at least $250 million toward AI in 2016 and 2% already plan to invest more than $1 billion by 2020 – likely looking to gain a competitive advantage as early adopters. 

The Global Trend Study revealed a clear correlation between investments in AI and business impact. The companies that realized the greatest AI-related revenue improvements and cost reductions spent five times more on the technology than the companies with the lowest AI-related revenue and cost improvements. In turn, leaders generated average revenue increases of 16% from AI initiatives in 2015 versus 2014, whereas laggards saw a modest 5% revenue growth. At a regional level, North American companies were the leading investors in AI in 2015, with an average per-company spend of $80 million, followed by Europe with $73 million, Asia-Pacific with $55 million and Latin America with $51 million.

Cyber security top of mind when adopting AI

Executives participating in the Global Trend Study across all regions and sectors rated the top four factors as most important to AI gaining widespread acceptance and driving business benefits. Almost seven out of 10 (68%) companies currently use AI to detect and prevent potential hacks and security threats to their systems. And moving forward, the other key factors include developing cognitive systems that continually learn, have the ability to make reliable and safe decisions based on masses of data and gain the confidence of managers to trust what AI is advising them to do.

About The 2017 Global Trends Study

The seventh annual Global Trends Study from TCS surveyed 835 leading executives from companies in four global regions, with an individual mean annual turnover of $20bn. The four regions surveyed were North America (including Canada), Europe (UK, Germany, France, Denmark and Switzerland), Asia-Pacific (India, China, Australia and Japan) and Latin America (Brazil and Mexico). The study was concluded in June 2016.

For more information, or to download the study, go to http://sites.tcs.com/artificial-intelligence/

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 378,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE Limited and National Stock Exchange of India Limited.

For more information, visit us at www.tcs.com.

TCS media contacts

Infosys Chennai Development Center (DC) that started its operations in 1996 is celebrating two decades of learning, excellence and progress with great gusto. From the center’s first steps in the city in a two-floored office with 300+ employees, the DC has witnessed tremendous growth over the last 20 years in several respects – it has expanded to two sprawling campuses at Mahindra World City and Sholinganallur, increased the employee strength to over 20,000 and houses some of the most sustainability buildings in the world.

Infosys celebrates it's 20th Anniversary

To commemorate this milestone of 20 years, Infosys Chennai orchestrated a series of engaging and interactive events at the campus. Talking about the 20-year journey of Chennai DC, Muthuvel Gajapathi, Center Head, Infosys Chennai (Sholinganallur) said, “These 20 years have been an exhilarating and at the same time, a heartening ride for all of the employees who were associated with the DC. At this significant juncture, we celebrate our successes, contemplate on the challenges we overcame, and look forward to shaping the future with greater vigor and resolve.”

Thothathri V, Center Head, Infosys Chennai (M City) added that, “Our success story continues to progress with the unwavering support from our employees, clients, the local community, and all stakeholders who have played a central role in our transformational growth.”

During the celebration, several long-serving employees of the DC were facilitated for their loyalty and immense contribution towards the organization. Mahesh S, a seasoned employee of Chennai DC spoke on this occasion and said, “I’ve been fortunate to watch the transformational growth of Infosys, in particular at Chennai DC. It is not just the numbers and the title of being a global leader that I’ve privileged to be associated with, but the formation and evolution of the very fabric of the DC – the teamwork, leadership and camaraderie of the employees here that makes me proud to be part of Chennai DC.”

The DC has been an early adopter of corporate social responsibility (CSR) initiatives and has strived hard to reach out to communities in and around Chennai. SNEHAM, the CSR arm of Chennai DC, has rolled out several initiatives to empower the society, and has successfully reached out to 20,000+ beneficiaries in areas of education, community service, monetary support and rural upliftment. Some of the flagship activities include Educare, Joy of Giving Week, SNEHAM Shiksha, Note Book Drive, among others. The DC also extended relentless support for Chennai flood relief and rehabilitation activities.

Chennai DC has also championed environmental stewardship by embarking global sustainability practices. Some of the key initiatives include smart buildings with Building Management System (BMS) for better monitoring & control of Heating, ventilation and air conditioning (HVAC), Lighting & other key energy intensified systems, smart water metering and increased, focused efforts in renewable energy.

HR Awards at the 25th Times Ascent World HRD Congress

The World HRD Congress Awards recognise the efforts of the organizations that have demonstrated excellence through their innovative programs, showing clear and measurable business results to drive organizational excellence. It is governed by a Global & National Advisory Council that guides the strategic intent of the event and leads it to success. This year, World HRD Congress also celebrated its Silver Jubilee, since the Global HR movement first started in the year 1992. The theme of this year was “YOU WE CAN” and it witnessed 208 speakers, 20 moderators, 90 sessions and the awards ceremony. Over 130 countries and 1400 leaders participated in the three day event. An elite panel of jury members comprising of prominent industry experts had evaluated the awards results against rigorous criterions.

“We are extremely pleased with the continuous recognition and it is a proud moment for every employee at Excelity”, said Sumit Sabharwal, CEO (Managed Services) & Managing Director (SAARC). “These awards demonstrate our deep commitment towards our clients and to create a world class people centric HR outsourcing organisation, which inspires us to set higher standards in the industry. These awards will further encourage us to achieve higher goals."

He further said, “The past year has been an exciting one for Excelity, particularly as we clinched large mandates. Our focus continues to be transforming our client’s HR operations, incorporating smart technology and improving their employee experience. At Excelity, we continue to strengthen our presence and capabilities in key markets across Asia Pacific.”

Excelity Global, formerly the payroll business of Aon Hewitt has been experiencing high success since the creation of the new brand in April 2015. In its debut year, Excelity Global bagged the prestigious awards for the Best Payroll Outsourcing Partner and Best HRMS Partner at World HRD Congress - 2016 and was also featured on the Top 10 list of ‘Times Ascent – Dream Companies to Work for 2016’. In November, 2015 Excelity Global won the Corporate Excellence Award for Payroll Outsourcing by the World Marketing Congress and was recognized as one of the largest payroll service providers in Asia Pacific in terms of payroll revenue by Nelson Hall.

About Excelity Global

Excelity Global is the largest Asia based  End to End  HR solutions service provider with close to 2 decades years of experience and partnering with over 1,000 client entities helping them manage and administer their Payroll & Retrials functions more efficiently. Excelity Global services more than 1.2 Million employees per month and its current clientele includes top Global- Banks and Financial Institutions, e-commerce, utility, IT and FMCG corporations.

Please visit us at www.excelityglobal.com.

LexisNexis^® India (www.lexisnexis.co.in), a leading provider of content and technology solutions, and Legasis Services Private Limited, a provider of integrated legal and information technology solutions specializing in the compliance domain for corporates, announced the launch of Enterprise Compliance Management Module for Ecommerce, Pharmaceuticals and IT/ITESin its Lexis^® Practical Guidance portfolio. Lexis^® Practical Guidance’s Enterprise Compliance Management module is an incredible risk and compliance tool kit designed to help legal professionals in different industries. With clear, concise notes written by leading experts in compliance, spelling out exactly what needs to be done in practical terms, the module provides all sorts of forms, checklists, templates, precedents, policies, registers and examples that are required by any legal professional for compliance management right, and always in line with the latest changes in the law and the marketplace.

Lexis® Practical Guidance a must-have workflow solution for E-commerce, Pharma and IT/ITES companies

During the announcement, Mr. Mohan Ramaswamy, Managing Director, LexisNexis® India-South Asia said, “We are proud of our association with Legasis and are confident that our association will enable our respective customers to experience superior value with some of the best and authentic content-driven solutions developed by each of us. Our partnership with Legasis concurs well for our customers’ growing need for practical and insightful solutions. Our new workflow based solution – Lexis® Practical Guidance provides procedural know-how from expert authors and leading law firms on various areas of law. This is just the beginning and we aspire to bring more significant value to our respective customers in the times to come as we broaden and expand the scope of our association with Legasis.”

Mr. Suhas Tuljapurkar,  Founder Director, Legasis Services Private Limited and Managing Partner, Legasis Partners, said, “We are extremely proud of our association with LexisNexis^® and the contribution to Lexis^® Practical Guidance as the exclusive contributor for the content on compliance is just the beginning of a fruitful long-term association. As a leader in the compliance management space in India, it was a natural extension for us to collaborate with LexisNexis^® for Lexis^® Practical Guidance. I am sure all the compliance professionals in the corporate sector would find Lexis^® Practical Guidance ECM modules are extremely useful from an easy-to-use and practicality perspective. The compliance function in India is now finally coming on its own and requires firms, companies and organizations like LexisNexis^® and Legasis to provide the necessary knowledge and expertise to deal with a dynamic and complex legal and regulatory regime.”

Mr. Vikesh Dhyani, Director Marketing & Innovation, LexisNexis India-South Asia, said, “India is witnessing an explosive growth in e-commerce, start-ups, healthcare, pharmaceuticals and IT/IT enabled services. The pace is likely to accelerate further with governmental initiatives like Digital India, Start-up India and Ease of Doing Business in India. As companies in these industries and sectors attempt to establish, grow and scale-up their operations, they require industry-specific legal and procedural knowledge to ensure compliance, maintaining trust and confidence of their investors, shareholders and customers. Non-compliance has often impacted both reputation and market valuation of companies in the past and legal counsels and advisors today are under tremendous pressure to keep pace with the rapidly evolving legislation and compliance needs. Lexis® Practical Guidance content provides them with practical information on ‘what to do’ and ‘how to do’ it. Dynamic, regularly updated content authored by eminent legal experts and offered on our user-friendly global technology platform makes Lexis® Practical Guidance a must-have solution for E-commerce, Pharma and IT/ITES companies. We are setting new standards and benchmarks for excellence in compliance management with Lexis® Practical Guidance ECM modules enabling businesses to focus more on driving growth and profitswith sustainable shareholder value.”

Mr. Shreesh Chandra, Senior Director, Content Creation & Acquisition, LexisNexis India-South Asia, and Ms. Preeti Arora, Associate Director, Practical Guidance, said, “Enterprise Compliance Management is a module focused on industry-specific and state-specific compliances. The module is designed to provide the industry-specific knowledge and procedures on licensing and registration requirementsand compliances specified for each of the industry, foreign direct investment, intellectual property aspects, etc. In addition to industry-specific compliances, which spread over from the registrations to ongoing compliances applicable to an industry, it covers the state-specific legislations that are required to be complied with under different segments of law like labor and employment, municipal laws and environment and health. There are hundreds of laws around compliances across industries in India and it is difficult to get all the laws with relevant details in one place. In this module, compliance requirements for more than 500 laws along with more than 1000 forms have been provided.”

Mr. Apurv Sardeshmukh, Partner, Legasis Partners, said, “Legasis is a leader in the compliance management space and is proud to collaborate with LexisNexis^®on Lexis^® Practical Guidance. The modules have been prepared keeping in mind the issues faced by legal professionals when striving to comply with the applicable laws in India. We hope that Lexis^® Practical Guidance modules will be beneficial to legal professionals associated with various businesses in the country.”

More information about Lexis® Practice Guidance is available at

https://www.lexispracticalguidance.in/enterprise-compliance-management.php

Know more about Lexis® Practical Guidance at http://www.lexispracticalguidance.in/

Get access to free3-dayTrial/Demo at http://www.lexispracticalguidance.in/trial-form.php

About LexisNexis^®

LexisNexis^® Legal & Professional (http://www.lexisnexis.co.in/) is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis^® and Nexis^® services. Today, LexisNexis^® Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. LexisNexis^® Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.

About Legasis

Legasis, which stands for Legal System and Integrated Solutions, is supported by Legasis Partners, an Indian multi-practice law firm. Founded in 2006, Legasis’ business differentiation is predicated through a 'Fusion of Lawyering and Information Technology'. Having pioneered the extensive use of knowledge and technology to deliver customized solutions like Legatrix, LIPS, Roznama, and CARRAR, ‘Legatrix’ covers all industry verticals and compliance under all laws and its client coverage represents over 10% of market capitalization and over 20% of installed power capacity in India. Legasis is the acknowledged leader in Compliance & Ethics, Litigation Management, Intellectual Property and other legal support solutions in India. It also provides services in Counter Fraud, Company Secretarial and hosts the annual Compliance Awards in India under a banner ‘Compliance 10/10’.  Through its team of over 150 dedicated legal experts, Legasis has emerged as specialized business enterprise and a niche player supporting requirements of over 500 clients.

Media Contact:

Vikesh Dhyani

Director Marketing, Customer Discovery & Innovation

vikesh.dhyani@LexisNexis.com

Tel: +91 124 477446

Suhas Tuljapurkar

Founder Director, Legasis Services, Private Limited

suhas.t@legasis.in

Tel: +91 22  335440000

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization and a Cloud Premier-level partner in Oracle’s PartnerNetwork (OPN), announced today that it has now achieved the Oracle Cloud Elite designation within the OPN Cloud Program.

“TCS’ collaboration with Oracle began in 1987 and today, I’m proud to say that our partnership continues to go from strength to strength, with Oraclehaving conferred on us the Cloud Elite designation,” said  Sunder Singh, Global Head of TCS’ Oracle practice. “Our continued focus has been on working closely with Oracle to bring to market a comprehensive and innovative portfolio of end-to-end Oracle solution offerings across business functions and key industries.”

The OPN Cloud Program’s Cloud Elite status is a recognition by Oracle of its most experienced partners, who have demonstrated capability, been endorsed by customers and shown focused investment in Oracle Cloud services and solutions for joint clients.

“TCS’ Cloud Elite status is testament to its Oracle investment, wide-ranging global expertise and dedication to delivering the best possible customer experience to our joint clients,” said Camillo Speroni, VP Worldwide Strategic Alliances, Oracle. “TCS’ Oracle Enterprise Solutions enable companies to benefit from simplified technology landscapes, integrated processes, streamlined operations and improved agility and performance.”

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud.

To find out more visit: http://www.oracle.com/partners.

Follow the TCS - Oracle alliance on Twitter @TCS_Oracle.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 378,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. 

For more information, visit us at www.tcs.com.

To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.

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Infosys has been positioned as a Leader and Star Performer in the 2016 PEAK Matrix™ for Big Data and Analytics Services in Global Banking by Everest Group. 

Everest Group assessed 22 service providers for their capabilities in big data & analytics in banking. Infosys scored high for the scale and scope of its delivery capabilities. The company’s strong domain expertise and innovation capabilities which contributedto buyer satisfaction and overall success in the market, further contributed to this positioning. Significant investments in platforms-based solutions, success in acquiring new customers and continued focus on innovation through design thinking led approachalso enhanced the company’s position as a Leader. The Star Performer designation is based on positive year-on-year movement on the PEAK Matrix.

The following strengths of Infosys was highlighted in the report:

• Signed multiple new, large deals in 2015 across North America, Europe and APAC

• Witnessed double-digit percentage growth in big data & analytics service revenue in banking

• Entered into new partnerships with players like Cloud Endure and Waterline Data in the ecosystem

• Launched special training and certification programs on big data technologies

• Launched multiple new solutions like Infosys Information Platform andCredit Card Data and Analytics Platform (Customer Genome Solution)

Quote

Jimit Arora, Partner, Everest Group, “Investments in new platforms, focus on AI and automation, design-thinking led innovation and a market-leading growth rate have positioned Infosys as a Star Performer and Leader on Everest Group’s PEAK Matrix™ on Big Data & Analytics Services in Banking.”

Infosys has been continuously investing in augmenting its data analytics capabilities and launched several solutions like SME Working Capital Genome and Infosys Analytics Workbench. Infosys has also invested in various startups in the data and analytics space like UNSILO, Tidalscale, Cloudyn and Trifacta.

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that it has been recognized as one of the Best and Brightest Companies to Work For® and one of the Best and Brightest in Wellness™ in the Nation by the National Association for Business Resources.

These two awards honor organizations that display a commitment to excellence in operations and employee enrichment and recognize and celebrate quality and excellence in employee worksite health.

The 2016 Best and Brightest Companies to Work For® was assessed by an independent research firm Inquisium, reviewing several key measures including: Compensation, Benefits and Employee Solutions; Employee Enrichment and Retention; Employee Education and Development; Recruitment, Selection and Orientation; Employee Achievement and Recognition; Communication and Shared Vision; Diversity andInclusion; Work-Life Balance; Community Initiatives; and Strategic Company Performance.

The Best and Brightest in Wellness™ 2016 were evaluated by SynBella, the nation’s leading wellness systems firm. Company entries were examined statistically for quantitative data and on a point based criteria to benchmark and improve wellness program effectiveness. They include outcomes, analysis and tracking, participation and incentives, benefits and programs, leadership, employee input, culture and environment.

“Companies that recognize that their employees are the key to their success achieve staying power. Our 2016 winners create their human resource standards to ensure employee satisfaction and they set standards for every business to aspire toward,” said Jennifer Kluge, President and CEO of NABR. “This year’s winning companies represent high standards and an exceptional commitment to healthy employees, healthy families and a healthy community.”

“TCS is honored to be recognized as one of the nation’s Best and Brightest Companies to Work For and a leading organization that is heavily focused on the well being of its employees,” added Surya Kant, President, North America, UK and Europe, TCS. “These awards illustrate our deep commitment to our employees and our belief that fostering healthy minds and bodies is the best formula for success.”

About Best and BrightestCompanies to Work For®

Identifies and honors organizations that display a commitment to excellence in operations and employee enrichment that lead to increased productivity and financial performance. This competition scores potential winners based on regional data of company performance and a set standard across the nation. This national program celebrates those companies that are making better business, creating richer lives and building a stronger community as a whole. There are numerous regional celebrations throughout the country.

About The Best and Brightest in Wellness®

Celebrates those companies that are making their businesses more healthy, the lives of their employees better and the community a healthier to place to live. The Best and Brightest program provides year long education, benchmarking, assessment tools and interaction amongst the best employers.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of  IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 378,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. 

For more information, visit us at www.tcs.com | @TCS_NA | @TCS_News.

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• Q3 revenues declined 0.2% sequentially in INR terms; declined 0.3% in constant currency

• Q3 year-on-year revenues grew 8.6% in INR terms; grew 7.3% in constant currency

• 9 months year-on-year revenues grew 11.9% in INR terms; 9.4% in constant currency

• LTM revenues crossed $ 10 bn

• Q3 Operating margins expanded 0.2%to 25.1% and net margins expanded 0.6% to 21.5% sequentially

• Q3 EPS grew 2.8% sequentially and 7.0% year-on-year

• Attrition declined sequentially by 0.8% on standalone basis and 1.6% on consolidated basis

• FY 17 revenue guidance revised to 8.4%-8.8% from 8.0% - 9.0% in constant currency

Financial Highlights

Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2016

• Revenues were Rs 17,273crore for the quarter ended December 31, 2016

• Net profit was Rs 3,708crore for the quarter ended December 31, 2016

                          QoQ growthwas 2.8%

                          YoY growth was 7.0%

Consolidated results under International Financial Reporting Standards (IFRS) for the nine months ended December 31, 2016

• Revenues were Rs 51,364crore; growth of 11.9%

• Net profit was Rs 10,749crore; growth of 8.6%

Liquid assets including cash and cash equivalents and investments were Rs 35,697crore as on December 31, 2016 as compared to Rs 35,640crore as on September 30, 2016 and Rs 31,526crore as on December 31, 2015. During the quarter, the company paid interim dividend including tax of Rs 3,029 crore

"Taking into account seasonal and other additional headwinds for the quarter, our Q3 revenue performance was broadly in line with our expectations," said Vishal Sikka, CEO and MD. "Beyond the quarterly numbers, we continue to focus sharply on the execution of our strategy, as reflected in the growing embrace of AI-based automation, growth in our new software-led business, delivering innovation, both incremental & breakthrough and fostering a learning-led culture. Our annual client survey results show highest customer satisfaction since we started the survey 12 years ago and increased adoption of Zero Distance and lowered attrition, especially amongst top performers – these are some of the key indicators of the growing creative confidence of Infoscions."

“In a seasonally soft quarter, our utilization has remained healthy.” said U B Pravin Rao, COO. “Our continued efforts to improve employee engagement and experience resulted in a reduction in attrition. During the quarter, we added 77 clients and also added 2 clients in the $ 75mn+ revenue category. I would like to congratulate all stakeholders on crossing the $ 10 bn revenue milestone on LTM basis.

“Our ongoing focus on operational efficiencies has enabled us to keep YTD operating margins at similar levels for the same period last year”, said M.D. Ranganath, CFO. “Our cash generation during the quarter was strong.”

Outlook*

The Company’s outlook (consolidated) for the fiscal year ending March 31, 2017, under IFRS is as follows:

• Revenue guidance revised to 8.4%-8.8% from 8.0%-9.0% in constant currency;

• The above constant currency guidance translates to 9.6% - 10.0% in USD terms based on March 31^st rates, 11.6% - 12.0% based on June 30^th rates; 11.3% - 11.7% based on September 30^th rates and 10.0% - 10.4% based on December 31st rates

FY 16 constant currency rates - AUD/USD – 0.73; Euro/USD – 1.10; GBP/USD – 1.51

Currency rates as of March 31, 2016 - 1 US$ = Rs 66.26

Currency rates as of June 30, 2016 - 1 US$ = Rs 67.53

Currency rates as of September 30, 2016 - 1 US$ = Rs 66.62

Currency rates as of December 31, 2016 – 1US$ = Rs 67.93

Change of Auditors on account of mandatory rotation requirement in India

The Board of Directors of Infosys Limited (‘the Company’) at its meeting held on January 13, 2017, on the recommendation of the Audit Committee, has proposed the appointment of Deloitte Haskins & Sells, LLP, Chartered Accountants (Firm Registration No. 117366 W/W 100018) (Deloitte) as the statutory auditors of the Company, subject to the approval of the shareholders of the Company. This appointment is effective financial year ending March 31, 2018 which will include audit of the quarterly financial statements of the year. This appointment is necessitated by the requirement under Section 139 of the Indian Companies Act, 2013 and the Rules made thereunder, wherein it is mandatory for the company to rotate the current statutory auditors on completion of the maximum term permitted under the said Section. Deloitte will hold office for a period of 5 consecutive years from the conclusion of the Annual General Meeting of the Company scheduled to be held in the year 2017.

To align with the above, the Board of Directors of Company also approved the appointment of Deloitte as the independent registered public accounting firm to audit the annual financial statements of the Company to be included in the Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ending March 31, 2018. Please also refer to the regulatory filings published on the company’s website (under Highlights IND AS) for further details in this regard.

Management Changes 

The Company has appointed Ravikumar S. as Deputy Chief Operating Officer reporting to Pravin Rao, Chief Operating Officer, with immediate effect. In addition to his current responsibility of heading the global delivery organization, RavikumarS. will oversee certain strategic Business Enabling Functions and will be based in India.

Business Highlights

We continue to drive new value for our clients through automation and innovation, improve our operational excellence, and invest in a culture of learning. 

RENEW

In Q3, we continued to make progress on our strategy to Renew our core services, introducing new offerings in the areas of Digital, Cloud, Data Sciences, Mainframe Modernization, Cyber security, API Microservices, Internet of Things and more to help our clients renew their core businesses. In addition, Zero Distance continued to be a key strategic differentiator to drive ongoing, grassroots innovation in every project.

Infosys leveraged the Zero Distance framework to build a custom application that provides maintenance and production support services for the Global Business Systems of LexisNexis, a leading global provider of content-enabled workflow solutions designed for professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets.

“Bringing forward innovative ideas to improve the customer experience while simultaneously reducing our operational costs is a capability where Infosys has exceeded my expectations. Infosys proposed replacing our third party system with a custom application, improving the user experience and reducing our operational costs. The implementation was completed by Infosys one month ahead of the deadline, maximizing our ability to reap financial benefits from the new custom application. This is a great example of Infosys doing more than just managing the status quo. I look forward to partnering with Infosys on future such innovations” - James W Wanke, Vice President of Technology, LexisNexis

Arizona Public Service (APS) was at the cusp of a major business transformation that required us to modernize our Customer Information System (CIS) environment without letting our customers be burdened by the complexities of the process. Infosys enabled us to accelerate the replacement of the existing system with the suitable COTS (commercial off-the-shelf) product while ensuring a seamless transition and a steady state for large and complex CIS application. With its deep domain knowledge, the team leveraged its Zero Distance initiative to come up with an idea to run a parallel sustainability program that ensured the upgrade of the product with minimal disruptions. Infosys also came up with the brilliant idea to automate a large number of test cases that were previously manually tested, making certain that they were tailored to our specific scenarios. The solution provided by Infosys allows more timely delivery of products and services to our customers, saving costs for our end customers through a system that is flexible and nimble to meet their needs.” - Jasvinder Arora, Director, CIS Modernization Program, Arizona Public Service Company

The Kroger Co., the largest traditional supermarket chain by revenue and the third largest retailer in the world, has chosen Infosys to provide support for several corporate and retail systems and middleware services. “We are extremely excited about the experience and capabilities as well as the ability to scale that Infosys brings. We feel that Infosys is a good fit with our focus on customers, quality and innovation.”- Annette Franke, Vice President of Corporate Technology, The Kroger Co.

Servco, a leading Hawaii based Automotive Dealer and Distributor, has chosen Infosys as a partner to execute their ERP transformation program. “We are pleased to have selected Infosys as a partner for our key Oracle transformation program which involves the implementation of a hybrid Oracle cloud and on- premise solution across key business functions of the organization. The implementation will enable usto de-risk our business by moving away from legacy systems and establishing a strong, modern integrated platform that will benefit the critical functions at Servco. Infosys’ capabilities in Oracle ERP, Cloud technologies and Automotive Domain led us to select them for this Key Program.”- Thor Toma, Senior Vice President, Servco

“House of Fraser is on an accelerated journey to the customer centric, digital era of retailing. We are building a next generation integrated eCommerce and Customer Experience platform which combines with new backend order management and service integration capabilities online, in store and on mobile in a truly multi-channel proposition. Working collaboratively with Infosys, our partner for strategy through execution of this transformation; this game changing platform is delivered on Microsoft’s Azure cloud computing infrastructure. At our business scale, we believe this is a pioneering use of cloud technology for a mission critical customer facing application and a clear demonstration of the maturity and capability of Microsoft’s cloud technology. Our positive experience of delivering this platform in partnership with Infosys and Microsoft has reinforced my confidence that the use of cloud technology will help us deliver our digital transformation at House of Fraser.” - Julian Burnett, Chief Information Officer, House of Fraser

We are seeing continued demand for Mainframe modernization across verticals, and are working on joint forays with Amazon Web Services and Azure in the market, partnering with our clients to move their Mainframe workloads to the cloud.

“We work with Infosys to create innovative technology solutions using Finacle and Amazon Web Services Cloud services. We recently conducted initial tests by offloading large components batch processing to the AWS cloud, and achieved processing speeds 100 times faster than traditional database technology, which could revolutionize the way we run core banking systems. We have also initiated our journey to modernize our legacy environments and accelerate digital transformation, with the support of Amazon Web Services and Infosys.” - David Gledhill, Group Chief Information Officer, DBS Bank

NEW

In Q3, we saw continued momentum for software and services coming together to drive new value for clients.Mana client adoption more than doubled compared to previous quarters. Skava had a strong Black Friday on retail ecommerce sites where volumes were up more than 30%. The EdgeVerve business delivered solid results with 18 wins and 21 go-lives from both the Finacle and Edge suite of solutions across various markets. AssistEdge, our Robotic Process Automation platform had its best quarter ever. Similarly in Q3, Panaya saw its best performance in terms of bookings and revenue.

Evonik, one of the world leaders in specialty chemicals has engaged Infosys in a multi-year strategic partnership. “We chose Infosys for their ability to deliver on the current IT needs for Evonik, and for their capabilities to support us on future technology modernization programs. Infosys is supporting us in the transformation of our Procurement landscape through an end-to-end Implementation of SAP Ariba, as part of Evonik’s Procurement 2020 vision. In addition, through the ideas generated by the company’s Zero Distance initiative, we have leveraged Infosys Artificial Intelligence Platform Manaand its cognitive automation capabilities, in our platform operations and have been able to analyze and reduce duplicate system monitoring alerts by 15%. We look forward to more such ideas from Infosys driving the shape of our partnership in the future.”- Thomas Meinel, Senior Vice President & Head of Application Management, Evonik Industries AG

Lifetouch, a global photography company, has partnered with Infosys to automate and monitor its incident tickets for system and infrastructure failures. As part of Lifetouch’s deployment of the Nagios tool, the Infosys Robotic Process Automation was integrated to monitor alerts. Based on the nature of the alerts, the bots are programmed to perform specific actions – such as a service desk ticket creation, the classification of an issue as well as creation of problem management tickets using built-in business logic. “Through our engagement with Infosys, not only have been able to automate manual and highly repetitive tasks like monitoring and ticket creation, but have also been able to improve the quality of our outcomes. With bots we now have 24/7 coverage with accurate monitoring and systematic alerts.” - Jay Drayton, Vice President, Lifetouch (LNSS- National Schools Studios)

Finacle continued to strengthen its position as a “Platform of Choice” for digital transformation, enabling new business models for banks.

“ICICI Bank has a rich legacy of leveraging the latest technology to bring in new paradigms in banking. Akin to pioneering new technologies in the country like software robotics, mobility and near-field communication among others, I am delighted that we are the first bank in India and among few globally to set up a blockchain application. We have also marked a milestone by piloting a blockchain network with Emirates NBD and Infosys Finacle as partners and have successfully executed cross-border open account trade finance and remittance transactions. I envision that the emerging technology of blockchain will play a significant role in banking in the coming years by making complex bilateral and multi-lateral banking transactions seamless, quick and more secure. Going forward, we also intend to work on expanding the blockchain ecosystem and create common working standards to contribute to the commercial adoption of this initiative.” - Ms. Chanda Kochhar, Managing Director & Chief Executive Officer, ICICI Bank

An important milestone in strengthening Finacle’s presence in the United States this quarter was the go-live of Marcus by Goldman Sachs. “With the successful deployment of the Finacle Core Banking Solution we gain both agility to respond to customer needs and scalability to adapt with market requirements while providing superior customer experience required in today’s competitive Digital Age.” - Boe Hartman, Chief Technology Officer, Marcus by Goldman Sachs (Digital Finance Technology)

Cosmetics Company Shiseido, used Panaya Test Center to undergo a major IT transformation project, and helped tackle its IT Transformation project by successfully reducing the company’s global testing efforts by 30%.“To ensure we go live smoothly with our business-critical applications, we had to mobilize over 80 business users spread across 11 countries in Europe to perform user acceptance testing. Panaya helped us save 30% of our testing effort while improving the quality of our testing.” Panaya Test Center delivered test acceleration and offered Shiseido a more efficient way to manage the business process testing from an end-to-end perspective. “I could easily track the project in real time to increase our efficiency and avoid any bottlenecks. We will continue to partner with Panaya in our upcoming rollout and expect even greater value.” - Sébastien Hebert, Technical Director EMEA, Shiseido

Panaya partnered with Elton Technologies to resell licenses of Panaya’sCloudQuality™ Suite to deliver quality ERP changes with zero time-to-change, zero downtime and zero risk, providing major savings to large enterprises. “We see an excellent opportunity partnering with Panaya for many of our Gulf Cooperation Countries (GCC) clients planning to migrate to SAP S/4HANA in the coming years. These companies are looking at a complex ERP migration, and a widely used solution like Panaya’sCloudQuality™ Suite that offers faster testing and zero risk will certainly offer our clients significant savings.” - Prem Chander, Chief Executive Officer of Elton Technologies

In Design Thinking, we continued to work with clients in key strategic areas. “When we began the transformation of School of Management at Fudan University, we wanted to re-imagine and create a new learning experience for students and faculty, in our education programs. Our intent was to create a platform that enables a deeper engagement between students and faculty, and create a modern and smart campus, and more. For the alumni, we wanted to bring the notion of continuous learning to life, engaging with them in a much deeper way, to help them achieve their personal and professional goals long after they leave our campus and pursue their careers and lifetime objectives. Infosys was one of our key partners in imagining this future for business education at Fudan University. In our Design Thinking engagement with Infosys, we looked at the entire MBA student experience, from the students’ point of view – their motivations, expectations and aspirations. This has helped us to think very tangibly about how to transform the student experience, and has helped our teams to be much more confident in problem finding and in understanding and designing for our students’ needs. I am very pleased that we have built the momentum to experiment and prototype the 2026 student experience, with a bias towards action and a trust in the power of testing and rapid iteration.” - Xiongwen Lu, Dean of Fudan School of Management, Fudan University, Shanghai, China

CULTURE

Learnability, the ease and speed to acquire new skills, continues to be the foundation for the company’s growth. We have invested in enhancing our leadership training initiatives by offering a more global and experiential learning program at world-class institutions. We have also witnessed positive traction through partnerships with organizations such as Udacity.

This quarter we invested in advancing the learning quotient at Infosys. We rolled out new classes on Mana and machine learning topics on the Digital Tutor social learning platform and the Infosys Learning Platform. An immersive training capsule called “Automation - A Way of Life” is being rolled out for all new hires in Mysore along with an updated module on Design Thinking with concrete examples and Infosys success stories.

AWARDS & RECOGNITION

• Leader, Gartner Magic Quadrant for Application Testing Services, Worldwide

• Leader, Everest Group’s Capital Markets Outsourcing PEAK Matrix™ 2016

• Star Performer, Everest Group’s Mobility Services in Global Banking –Service Provider Landscape with PEAK Matrix™ Assessment 2016

• Leader and Star Performer, Everest Group’s Big Data & Analytics Services in Global Banking – Service Provider Landscape with PEAK Matrix™ Assessment 2016

• Leader, IT Outsourcing in Everest Group’s Global Insurance – Service Provider Landscape with PEAK Matrix™ Assessment 2016

• Infosys was inducted into the Winner’s Circle in the HfS Product Lifecycle Management Services Blueprint Report 2016

• Leader, WW Engineering Services by Global Service Providers (based in India) by ARC Advisory

• Leader, Retail Digital Service Providers, Zinnov Zones by Zinnov

• High Performer,HfS Intelligent Automation Blueprint Report 2016

• Finacle is a Market Leader among digital platforms in “Ovum Decision Matrix: Selecting a Digital Banking Platform, 2017–18” report by Ovum Research

• Best Company in India, FinanceAsia’s 20th Anniversary Platinum Awards

• National Award for Excellence in Corporate Governance, 16th Institute of Company Secretaries of India (ICSI)

• Five marketing and innovation awards following the launch of a successful strategic technology partnership with ATP

• Infosys BPO won‘Best Employer Brand’ award by the Best Employer Institute

BEYOND BUSINESS

In India, the Infosys Foundation has invested in several impactful programs across a wide spectrum of areas including rehabilitation, arts & culture, education and rural development. Some of the key initiatives of the quarter include the curation of the Infosys Foundation Anupu Festival; sponsorship of a kitchen in Hyderabad in partnership with Akshaya Patra Foundation; an endowment to Sahapedia, a NGO, for the development of an online interactive web module on arts, culture and history of India; development of a sustainable village in Madhya Pradesh through Shivganga Samagra Gramvikas Parishad along with other investments that will benefit patients, children and the youth from underprivileged backgrounds.  

In Q3, the Infosys Foundation USA celebrated Computer Science Education Week, announcing multiple grants to enable under represented students across nine states to explore computer science (CS) and coding. The Foundation also renewed its partnership with Code.org, one of the most active CS education advocacy organizations globally. The Foundation honored 10 CS teachers with awards of excellence in partnership with ACM and CSTA and also launched the new 2016/17 cycle of the Infy Maker Awards in the U.S. which recognize dozens of Makers working on projects with a deep social impact. As of September 30, 2016, the Foundation has had a significant impact on CS education by enabling 134,529 students in 2,490 schools across all 50 states to gain access to computer science and maker education. This was made possible by supporting 2,539 teachers with critical resources such as computer science teacher training, new classroom technology and teaching aids, and makerspaces. An additional 179 coding workshops, hackathons, and coding clubs held during or after school were also supported by the Foundation.

About Infosys Ltd.

Infosys is a global leader in technology services and consulting. We enable clients in more than 50 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 199,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.

Safe Harbor

Certain statements in these results concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts and inability to accurately predict economic or industry trends, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2016. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this release is January 13, 2017, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

Infosys Limited and Subsidiaries

Condensed Consolidated Balance Sheets as of

(In Rs crore except share data)

	December31,2016		March 31,2016
ASSETS
Current assets
Cash and cash equivalents		26,113	32,697
Current investments		4,367	75
Trade receivables		12,942	11,330
Unbilled revenue		3,413	3,029
Prepayments and other current assets		5,457	4,448
Derivative financial instruments		103	116
Total current assets		52,395	51,695
Non-current assets
Property, plant and equipment		11,410	10,530
Goodwill		3,760	3,764
Intangible assets		861	985
Investment in associate		100	103
Non-current investments		5,405	1,811
Deferred income tax assets		621	536
Income tax assets		5,333	5,230
Other non-current assets		755	735
Total non-current assets		28,245	23,694
Total assets		80,640	75,389
LIABILITIES AND EQUITY
Current liabilities
Trade payables		335	386
Derivative financial instruments		6	5
Current income tax liabilities		3,879	3,410
Client deposits		27	28
Unearned revenue		1,819	1,332
Employee benefit obligations		1,428	1,341
Provisions		412	512
Other current liabilities		6,818	6,225
Total current liabilities		14,724	13,239
Non-current liabilities
Deferred income tax liabilities		225	256
Other non-current liabilities		175	115
Total liabilities		15,124	13,610
Equity
Share capital- `5 par value 240,00,00,000 (240,00,00,000) equity shares authorized, issued and outstanding 228,56,51,730(228,56,21,088), net of 1,12,92,934 (1,13,23,576) treasury shares, as of December 31, 2016 (March  31, 2016), respectively		1,144	1,144
Share premium		2,313	2,241
Retained earnings		61,452	57,655
Cash flow hedge reserve		28	-
Other reserves		-	-
Other components of equity		579	739
Total equity attributable to equity holders of the company		65,516	Ramesh has worked at Schneider Electric as Global Director of Sales - software in his previous assignment. He will be taking care of International sales, Pre-sales, Inside sales and Marketing functions at Ameyo.       Ameyo, largest Indian contact centre technology provider; announced the appointment of Ramesh Srinivasan as its President. In this new role, Ramesh will be heading the International sales, Pre-sales, Inside sales and Marketing functions, bringing in a new synergy for growth.   The new addition in the leadership team is aimed towards meeting the needs of the growing workforce and expanding customer demand for Ameyo’s leading engagement platform. Ramesh will report to the CEO and his focus will be on gaining deeper customer insights, strategic business management, and thereby, creating successful sales models and teams to achieve high level of sales efficiency.   Prior to joining Ameyo, Ramesh was the Global Director for Product Sales at Schneider-Electric software, where he headed the BPM business. In his previous assignments spanning well over 20 years in companies like Microsoft, Verizon, and Tyco - Ramesh has successfully handled a diverse range of functions across industries. He has always been instrumental in architecting revenue generating sales and marketing programs. Moreover, Ramesh has excelled as a great leader with quantifiable results in building new business, improving gross profit, sustaining market share growth, and delivering increased customer satisfaction. Ramesh holds a degree in Engineering from Bangalore University.   Speaking on the occasion, Bishal Lachhiramka, CEO, Ameyo said, “We welcome Mr. Ramesh Srinivasan with all pleasure and gratitude as our new president of business development. We are excited to have his insights and initiatives on developing new and innovative programs for our customers. Ramesh is now a critical member of our leadership team and I am confident that he will play a vital role in enabling the team at Ameyo to fulfill our long-term mission of transforming the contact centre space in India.”   Speaking on the new role, Ramesh Srinivasan, President, Business Development, Ameyo said, “Ameyo’s solutions are transformative and need of the hour. I am very excited to be a part of this journey which is being built for today’s discerning customers on cutting edge technology, helping our buyers’ future proof their investment. Ameyo has attracted a diversified team of skilled individuals who are highly motivated and share the brand’s core values. I intend to apply all my efforts towards building a positive ‘can do’ attitude and willingness to ‘think outside the box’ because these vital skills will yield innovative outcomes.”   About Ameyo Ameyo is the market leader in Omnichannel Customer Experience (CX) and Contact Centre Technology in cloud and on-premise, helping brands of all sizes make exemplary customer experience. The Ameyo Customer Experience Platform powers optimal customer journeys consistently across all touchpoints, channels and interactions to nurture customer retention and advocacy. Ameyo is trusted by over 1,600 customers across 60 countries orchestrating more than 1 billion interactions each day. Ameyo’s last series A funding was closed at $5 million led by Indian private equity fund manager Forum Synergies.   Learn more at www.Ameyo.com, on the blog, or follow Ameyo on Twitter @AmeyoCIM and on Facebook. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=7097 http://newsvoir.com/images/user/logo/6851_Am.jpg Mon, 18 Jul 2016 18:32:53 +0530 Newgen Software Technologies Limited, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), and Case Management (CM) solutions, has announced the release of its latest version of eGov Suite 11.0 that comes with new features and enhancements which will significantly increase the efficiency of an organization’s existing digital document management systems and processes.   eGov suite 11.0 enables integration with OpAll Viewer and provides the functionality of viewing documents in various industry standard formats in different view modes. It allows viewing and editing of plain as well as annotated images in file formats, viz. TIFF, BMP, GIF, JPEG and HTML documents. Image operations such as Print, Zoom, Rotate, Negate, Flip etc. can be done and stamps can be applied. OpAll Viewer ensures superior image quality and flicker-free panning and dragging, independent of the viewing mode and state.   Speaking on the occasion, Mr. Diwakar Nigam, MD & CEO – Newgen Software said, “Phasing-out the legacy systems that have long served as the backbone of an organization is often challenging for enterprises. They instead, look for technology enhancements that can be built on top of their existing IT platforms.  It has been Newgen’s constant endeavor to ensure that our customer’s key business processes are in-line with the latest technological advancements while at the same time being viable for respective organizations. The latest release of our eGov Suite 11.0 is in keeping with that endeavor of Newgen."   The eGov Suite 11.0 is built on Newgen’s flagship products OmniFlow and OmniDocs. Various security enhancements have also been done in this release. Forwarding correspondence to multiple users and Full text search feature on File enclosures will provide additional benefits to customers.   The new version release is in line with Newgen’s customer-centric approach that aims to provide latest technology upgrades to users for better befitting with their requirements.   Key New Features and Enhancements Following new features have been incorporated the current release of eGov 11.0. Opall viewer in Whitehall & DAK view screens Reminder feature Edit note in DAK Search users with First Name and Last Name on Initiate and forward screens Delete documents in Whitehall by the document owner Check-in Check-out feature in DAK Draft notes to have initiate button One to many notes sending Multi DAK Initiate Multi DAK forward Full Text Search feature  Security Enhancements                           About Newgen Software Newgen Software Technologies Limited is a leading global provider of Business Process Management (BPM), Enterprise Content management (ECM), Customer Communication Management (CCM) and  Case Management with a global footprint of 1300+ installations in over 61 countries with large, mission-critical solutions deployed at the world’s leading Banks, Insurance firms, BPO’s, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.   Newgen’s Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2013. Newgen has been assessed at CMMi Level3.   To know more, please visit www.newgensoft.com ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=7083 http://newsvoir.com/images/user/logo/6957_newgen_logo.gif Fri, 15 Jul 2016 18:28:53 +0530 Horizon Outsource Solutions, a Business Process Outsourcing company based in Mumbai is set to hire a whopping 25,000 semi / non skilled people across cities in India for which a part of the payroll will be outsourced. Horizon Outsource Solutions is one of the leading players today and delivers customised, high quality and cost saving services to its clients across various industries. Horizon Outsource Solutions provides services like Business Process Outsourcing, Voice and Non-Voice call center, Customer service and Customer care. What started as a vision of Dr. Amit Upadhyay in the year 2010, it currently has a workforce of over 3000 employees.   Indian Prime Minister Shri Narendra Modi, launched the Skill India Campaign which aims at polishing the manpower surplus of 4 crore to 5 crore which India will have over the next decade. “India is a power-hub of knowledge and skill. The problem that people face is the lack of facility and exposure for sharpening their skills.  We at Horizon Outsource Solution have taken up this responsibility to nurture and groom the talent of semi and non-skilled workers across India”  says Dr. Amit Upadhyay, CEO of Horizon Outsource Solutions Pvt. Ltd.   The company plans to kick-start this initiative in cities like Mumbai, Navi Mumbai, Ahmedabad, Raipur, Chandigarh, Bengaluru, Chennai, New Delhi and Noida. “Depending on the response from few selective cities we may think about taking this initiative at a larger level as well. Our experts will identify and train people in order to enable them to take up various job responsibilities and face global challenges. We are aiming at nurturing these people for profiles like Customer Service, Making soft or reminder calls and other back office work related to documentation. We are also exploring other profiles where certain amount of training is required based on the intensity of the work” adds Upadhyay who also recently bagged the CEO of the year award.   Horizon Outsource Solutions Pvt Ltd is targeting to achieve this goal over a period of next 2 fiscal years. The BPO of the year award winning company lives with a vision to attain a position of leadership in providing innovative business and technically competent solutions to its clients.   ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6814 http://newsvoir.com/images/user/logo/6865_horizon-group-logo.png Mon, 30 May 2016 21:29:01 +0530 Company looking to achieve US $ 10 million revenue through this strategic move Introductory price of Ameyo Engage starts from US $20 per agent per month USP of Ameyo Engage- customization, intelligent routing, multi-channel communications, advanced integrations, call monitoring and analytics   Ameyo, India’s largest contact centre software provider, today, announced a significant expansion into the US & European markets through Ameyo Engage - a Cloud-based Call Centre Software. Ameyo Engage will operate from its sales office in US at Sunnyvale, CA. With the multi-billion contact centre market ready for cloud disruption, Ameyo Engage aims to simplify customer engagement for businesses. The company is looking to achieve US $ 10 million revenue through this strategic international expansion.   Based on the robust Ameyo platform, that already empowers over 1600 businesses across 60 countries, Ameyo Engage allows businesses to set up an enterprise level professional contact centre without investing in hardware, installation, and infrastructure. Brands can personalize their customer interactions and can streamline inbound and outbound communications within a single interface. With capabilities like intelligent routing, multi-channel communications, advanced integrations, call monitoring, and analytics, Ameyo Engage has proved itself to be the best solution available in the market.   Speaking on the occasion, Mr. Bishal Lachhiramka, CEO, Ameyo Engage, said, “Providing an optimal customer experience in the ever changing hyper-connected world is preliminary for the reputation and success of organizations. By utilizing the advanced features of our Engage platform, businesses can gain deeper insights of their operations within enterprise environment. We have provided the realm of business with a whole new set of benefits, which will make it much easier for organizations to create a truly customer-centric call centre experience by improving overall performance with optimized costs.”   The platform delivers a unified and highly personalized experience that helps brands of all sizes and power their customer interactions with intelligence, scalability, ease of use, and flexibility. With an introductory pricing that starts from $20 per agent per month, Ameyo Engage aims to become a default choice for all call centre software requirements.   Moreover, the integration of Engage platform with Salesforce has proved to be an ultimate engine for more closure. The integration provides a holistic view of customer/prospect information and allows agents to instantly build rapport with your customers and thereby earning competitive advantage. The integration also provides agents with a single unified interface which incorporates information from the CRM database based on caller’s identity and history for improved customer service and support.   About Ameyo Ameyo is the market leader in Omnichannel Customer Experience (CX) and Contact Centre Technology in cloud and on-premise, helping brands of all sizes make exemplary customer experience. The Ameyo Customer Experience Platform powers optimal customer journeys consistently across all touchpoints, channels and interactions to nurture customer retention and advocacy. Ameyo is trusted by over 1,600 customers across 60 countries orchestrating more than 1 billion interactions each day. Learn more at www.Ameyo.com, on the blog, or follow Ameyo on Twitter @AmeyoCIM and on Facebook. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6787 http://newsvoir.com/images/user/logo/6851_Am.jpg Wed, 25 May 2016 22:28:30 +0530 ICCS Ltd is establishing itself as a stellar national BPO organization of India. On its route to rapid expansion, it requires dynamic and diligent workers to become a part of the establishment. ICCS Ltd is going under mass recruitment process to extract potential service people and place them on important designation among all tiers of the organization. It has planned to recruit 200-300 skilled employees every month. ICCS is hiring for various process domains such as customer service, business acquisition, customer satisfaction survey and customer engagement processes.   Commenting on the plan, Mr. Divij Singhal, CEO, ICCS said “We consider our employees as core assets of the organization. Every employee is a key contributor towards organizational growth. Job seekers who come with ownership approach are welcomed at ICCS Ltd.”   ICCS would be looking to hire talent from premier institutes who are problem solvers and can be a part of ICCS’s functioning approach and growth story. ICCS will be investing in innovative solutions for its clients and would be open to meet talent that can add value to the business. These will majorly be for verticals like Business Development, Business Excellence and Finance vertical. Institutes- IIMC, XLRI, IMI, and IMT will be the preferred choice of institutes for recruitment drives.   ICCS Ltd is partnering with its clients in an innovative approach to provide efficient and cost-effective solutions. As a company, ICCS grew from 1000 to 2000 plus at various levels. In the year2015it added 4 major clients of different domains, which contributed doubling its headcount. Support level hiring in call center industry is driven by entry level headcount. Currently, ICCS has 2200 plus strong employees in domains like Finance, Business Development, Training & Quality, HR, IT, Admin, Business Excellence and Operations (Operations count is 80% of our total pool of manpower).   About ICCS As a leading National BPO (business process outsourcing), ICCS believes in a "partnership approach" with its clients who are some of the country’s best brands. Through our global delivery network and a comprehensive outsourcing services offering, we deliver business value to our clients by combining operational excellence and deep domain - industry and functional - knowledge. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6752 http://newsvoir.com/images/user/logo/_iccs.jpg Wed, 18 May 2016 23:20:35 +0530 Cross-Tab Group, India’s leading research and analytics provider announced on February 23, the signing a multi-year mandate worth up to USD 25mn with one of the world’s largest insight, information and consultancy groups - the Kantar Group.   In accordance to the agreement inked, Cross-Tab would be operating as the strategic outsourcing partner for Kantar Group in India for a period of four years. Kantar has a substantial presence in India through their own captive facility and this new facility will integrate seamlessly with their existing Global Delivery Centre in accordance with Kantar’s “One India” objective.   The deal which has been bagged by Cross-Tab after countering stiff local and global competition is one of the largest deals in terms of scale and value signed in the international market research and KPO industry in the last 10 years.   As a part of the agreement, Cross-Tab group is all set to launch a dedicated services, innovation and incubation facility exclusively for Kantar at Airoli, Navi Mumbai which will provide a range of services including testing new technologies and methodologies and developing technology based solutions for automation and value addition.  The Cross-Tab Group that has over 1200 employees has started hiring more staff for this exclusive new facility being set up for the Kantar Group.   Cross-Tab group’s long-term orientation and specialized focus in the domain of market research and analytics and their deep understanding of Kantar’s business and technology expertise have been cited as the key factors that enabled the company to bag the deal. With this deal, while Kantar would be outsourcing certain processes to Cross-Tab to augment its own capabilities, it will also have access to the Cross-Tab Group’s ongoing technology and process innovations which will add further value for Kantar.   Ms. Sharon Potter – Chief Officer, Global Operations, Kantar said - “We have made significant investments in enhancing our global delivery capabilities in India and selecting the right strategic partner for the future was an important component. We wanted a partner capable of meeting our stringent requirements around deep knowledge of the research and analytics domain; and the ability to drive technology and process innovation for higher productivity, faster turnaround and greater scalability in our operations. The deal was awarded to Cross-Tab through a very competitive process in view of their capabilities matching our evaluation criteria.”   Cross-Tab Group – President, Ashwin Mittal said “This is a significant milestone in Cross-Tab’s 15-year growth story in the international Research and Analytics industry. We are honored to be chosen from among stiff global competition to work with Kantar as a part of their strategic initiative to leverage India for their global innovation and scalability requirements. We will continue building strengths in the research and analytics domain through process and technology innovation to enable our global clients enjoy the benefits of rapid scalability and faster turn-around-time while being assured of information security and quality.”   About Cross-Tab Group The Cross-Tab group has a 15 year track record of helping clients globally, across industries, to get a holistic view of their target market segments. The group has capabilities across the information value chain comprising data collection, categorization, integration, warehousing, analytics and creative visualization through infographics and interactive dashboards. Cross-Tab has also developed advanced technology platforms customized for the specific requirements of research and analytics managers in large organizations. The company uniquely combines market-leading analytics and research expertise and technology product portfolio with value-driven project management and operational expertise. This is delivered by a global team of over 1000 knowledge workers working with an array of Fortune 500 clients, leading global consultancies and market research organizations. Cross-Tab has two subsidiary companies – Blueocean Market Intelligence and Borderless Access Panels. The group has won several global recognitions and awards from world leading organizations like IAOP, Fortune Magazine, Deloitte, Red Herring and Inc. Magazine.   About Kantar Kantar is the data investment management arm of WPP and one of the world's largest insight, information and consultancy groups. By uniting the diverse talents of its 12 specialist companies, the group is the pre-eminent provider of compelling data and inspirational insights for the global business community. Its 30,000 employees work across 100 countries and across the whole spectrum of research and consultancy disciplines, enabling the group to offer clients business insights at every point of the consumer cycle. The group’s services are employed by over half of the Fortune Top 500 companies. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6327 http://newsvoir.com/images/user/logo/6681_cross-tab-logo.jpg Tue, 08 Mar 2016 20:16:43 +0530 Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced it has been recognized as a ‘Leader’ in theIDC MarketScape report,“Worldwide Manufacturing PLM Systems Integrator and BPO Services 2015 Vendor Assessment.”   IDC Market Scape assessed 10 players with annual revenue of atleast $1 billion that offer systems integration, application development and maintenance, and BPS for a portfolio of PLM processes at customer sites, or support for other product development processes and engineering services on an ongoing basis.The report highlights TCS’ distinct capabilities as a PLM system integration leader,its expertise and strong technical knowledge, and its growing focus on emerging technologies such asmobility, cloud and analytics.It also mentions TCS’ expanding investments in PLM and engineering services, which are highest among vendors reviewed.   “Many service providers have similar PLM offerings and are technically strong, but TCS in particular stands out as a PLM systems integration leader for its deep knowledge of PLM and experience with engineering services, combined with world class technical skills,” said Jeff Hojlo, Program Director, IDC Manufacturing Insights. “TCS’ account management and project management capabilities during systems integration work have exceeded expectations in most cases for their clients.”   “We are pleased to be recognized in the IDC MarketScape report as a Leader in the PLM space among Global System Integrators,” said Regu Ayyaswamy, Vice President and Global Head, Engineering and Industrial Services, TCS. “In the current digital world, organizations must re-evaluate their product strategy and development methodology towards more system centricity and closed looped approaches. TCS’ process reference model, tools and assets enable such transformations for global organizations.”   About IDC MarketScape IDC Market Scape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market.  IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared.  The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.    About Tata Consultancy Services Ltd. (TCS) Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS,infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 344,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.   To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.   Subscribe to an RSS Feed of TCS Press Releases.   TCS media contacts:  Global:  Email: pradipta.bagchi@tcs.com Phone: +91 22 6778 9999   Europe: Email: abhinav.kumar@tcs.com Phone: +32 2282 1927    UK:  Email:  ashish.babu@tcs.com| peter.devery@tcs.com Phone: +44 078 418 92227 | +447764 835 773   India: Email: h.ramachandra@tcs.com| shamala.p@tcs.com Phone: +91 22 6778 9078 | +91 22 6778 9081    USA / Canada: Email: b.trounson@tcs.com Phone: +1 646 313 4594   Asia Pacific: Email: sean.davidson@tcs.com Phone: +65 9139 3668   Australia and New Zealand Email: alex.goldrick@tcs.com Phone: +61 (2) 8456 2800   Latin America Email:martin.karich@tcs.com Phone: +569 6170 9013   Nordics  Email: jirimiko.oranen@tcs.com Phone :  +358 40 756 6655   Japan Email: douglas.foote@tcs.com Phone: +81 080-2115-0989     ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6298 http://newsvoir.com/images/user/logo/2680_TCS%20logo.jpg Thu, 03 Mar 2016 22:03:28 +0530  Verint® Systems Inc. (NASDAQ: VRNT) today announced substantial enhancements to its Verint Workforce Optimization™software designed to help contact center, back-office and branch operations better manage the performance of employees and operations. Armed with a brand new user experience, this latest release includes innovations in performance management to help organizations gain even greater insight into how employees are performing and how well goals are being met.   This technology release comes at a time when market adoption for performance management software is projected to rise, according to research conducted by Saddletree Research. In a recent survey led by the analyst firm, 22 percent of respondents identified performance management as the “most likely” solutions to be replaced in 2016.        Balancing Cost, Quality and Service Managing performance and productivity in a typical enterprise is no easy task, given disparate systems, complex processes and the differences in performance metrics between roles and functions. Performance management is a practice and culture that applies to individuals, teams and departments. It requires organizational buy-in, transparency, regular measurement and a focus on business-oriented goals. To help companies master these dynamics, Verint Performance Management™ features a unified set of scorecards, coaching, e-learning and gamification capabilities that enable a closed-loop cycle and advanced approach to performance management.   This latest release features a new state-of-the-art user interface that supports advanced visualization, data exploration, and analysis of employee and company-wide performance, providing critical executive insights that support time-sensitive decision making. The enhancements also enable managers to work more effectively with the addition of new flexible scorecard widgets and dashboards. Likewise, employees benefit from a more intuitive performance scorecard and greater visibility into their individual metrics and achievement of goals.    The solution also features scorecard workspaces that offer performance summaries and overviews, heat mapping, performance comparisons and multiple views of key performance indicators (KPIs). Using these scorecard workspaces, users can visually and automatically identify answers to employee engagement questions, such as: Which employees are meeting and exceeding goals and which areas need improvement? Is the performance of employees consistent across time? Where is performance improving and declining? How do peer comparisons map and trend? And how does the performance of individual employees change over time?   Benefitting from Advanced Visualization In addition, a new improvement opportunities widget has been added to Verint Performance Management, enabling organizations to automatically surface KPIs that represent opportunity and improvement areas based on user-definable criteria. With this capability, managers can quickly see the employees and KPIs that need attention based on their scores or recent trends.   To further augment these performance management features, organizations can leverage Verint Gamification™, a solution that applies game mechanics—badges, levels and points—and behavioral science “game thinking” in a business setting to engage employees, motivate them to improve skills and knowledge, and solve problems in fun, yet competitive, ways.    The latest version of Verint Performance Management became generally available in November 2015.   For more information about Verint Workforce Optimization solutions, click here.    About Verint Systems Inc. Verint® is a global leader in Actionable Intelligence®, which has become a necessity in a dynamic world of massive information growth. By empowering organizations with crucial insights, Verint solutions enable decision makers to anticipate, respond and take action, and make more informed, effective and timely decisions. Our solutions are designed to address three important areas of the actionable intelligence market: customer engagement optimization; security intelligence; and fraud, risk and compliance. Verint’s vision is to create A Smarter World with Actionable Intelligence®, and today, more than 10,000 organizations in over 180 countries—including over 80 percent of the Fortune 100—already benefit from this vision. Learn more at www.verint.com and NASDAQ: VRNT.    This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2015, our Quarterly Report on Form 10-Q for the quarter ended October 31, 2015, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.   VERINT, ACTIONABLE INTELLIGENCE, MAKE BIG DATA ACTIONABLE, CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, KANA, LAGAN, VOVICI, GMT, VICTRIO, AUDIOLOG, ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6271 http://newsvoir.com/images/user/logo/5522_images%20%2816%29.jpg Tue, 01 Mar 2016 18:06:42 +0530  Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of the Infy Maker Awards - India to inspire the creative spirit of ‘making’ in India, encouraging citizens to create. These awards were first launched in the U.S. by the Infosys Foundation USA in September 2015 to support the maker movement.   Sharing the excitement at the launch of these awards in India, Vandana Sikka, Chairperson, Infosys Foundation USA said, “We are thrilled that Infy Makers is going global and will help awaken a spirit of making in India and inspire the next generation of inventors!  After all, the future is, and has always been, shaped by those who make.”   Following the success of these awards in the U.S., the Infy Maker Awards are going global with their foray into India as part of the Make in India Week organized by the government. Through these awards, Infosys will recognize and reward deserving makers in India whose ideas and solutions have potential to solve real world problems.   Highlights The Infy Maker Awards - India will run annually     The first cycle of these awards starts on March 1, 2016 will be open to entries from adults (above 18 years)      Participants can submit entries describing their work in the form of videos that can be uploaded on the Infy Maker Awards – India website between March 1 – April 15, 2016   A panel of distinguished judges representing technology, academia and the community will evaluate and select the winners whose submissions will be evaluated on relevance to real world problems, innovative uses of technology, originality of ideas and quality of presentations   Infosys has committed INR 1 Crore as prize money for makers      Speaking on the launch of the Infy Maker Awards - India, Pravin Rao, Chief Operating Officer, Infosys said, “The principle of ‘making’ is what follows an idea, and determines what translates into reality. The Infy Maker Awards - India aim at encouraging people to ‘make’ by recognizing ideas and projects that represent the energy and curiosity to fix or solve the problems of our times. Through these awards, we endeavor to inspire a culture of making in India and motivate people to ideate, create, and promote skill-development around problem solving, critical thinking and innovation. Infosys will help makers pursue their ideas, provide inspiration as well enable an ecosystem of forward-thinking innovation.”     For more information on the Infy Maker Awards in India, submission process, and judging criteria, please visit: http://www.infymakers.com/   Additional resources: -  Infy Maker Awards USA   About Infosys Ltd Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence. Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$ 9.2 billion in LTM revenues and 193,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.   Safe Harbor Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2015. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this press release is January 14, 2016, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.     ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=6150 http://newsvoir.com/images/user/logo/2628_jhhvhgvghvg.jpg Fri, 12 Feb 2016 23:07:30 +0530 Mphasis Limited today announced its financial results for the first quarter ended 30th June 2015.   Business Updates Continues to build strong pipeline with robust deal wins of US$ 76 million TCV in Q1 FY16 providing good revenue visibility in Direct International business.   Launched HyperGraf- the company’s first product offering developed by its technology incubator Next Labs.  HyperGraf is an Omni-channel Digital 360 solution that provides enterprise decision-makers with comprehensive, accurate and real-time customer engagement insights.   Signed two definitive agreements for sale of India domestic BPO business.     Financial Updates Consolidated net revenues grew by 4.7% sequentially on a reported basis and 2.6% net of rupee depreciation in Q1 FY16.     Operating margin increased by 20 bps to 12.7% during Q1 FY16.     Cash and cash equivalents increased by Rs 1,528 million during the quarter to Rs 29,168 million (US$ 458 million).     “These results reinforce our confidence in growing Direct International faster than market. This quarter saw strong growth and continued momentum in new wins. Good start to FY16” said Ganesh Ayyar, Chief Executive Officer, Mphasis.   About Mphasis Mphasis (an HP Company) enables chosen customers to meet the demands of an evolving market place. Mphasis fuels this by combining superior human capital with cutting edge solutions in hyper-specialized areas.   Contact us on www.mphasis.com.   Safe Harbor: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Mphasis will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.   ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=4942 http://newsvoir.com/images/user/logo/2932_MP.jpg Thu, 30 Jul 2015 00:30:44 +0530 Mindtree, a global technology services company, today announced it has been named a Top 10 Outsourcing Service Providers by Information Services Group (ISG), a leading technology insights, market intelligence and advisory services company.   Mindtree was among the leading providers in the Breakthrough 10 Sourcing Standouts category for the EMEA region based on Annual Contract Value (ACV) won over the last 12 months, according to the ISG Outsourcing Index™. Now in its 50th consecutive quarter, the ISG Outsourcing Index™ provides an independent quarterly review of the latest sourcing industry data and trends for enterprises, service providers, analysts and the media.    Rostow Ravanan, Executive Director, Mindtree said: “Today, clients are transitioning to digital and cloud-based services and our expertise in these core areas has made Mindtree the preferred partner among clients globally. EMEA is a key region for us and we have been investing in local talent, as well as expanding our presence here. We are seeing opportunities in areas such as retail, banking and financial services, travel and hospitality which have helped us grow our client base in this region.”   Mindtree’s inclusion in the ISG Outsourcing Index™ is based on data the company submits to ISG each quarter.   “For more than a decade, the ISG Outsourcing Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance,” said Paul Reynolds, chief research officer of ISG.  “Mindtree continues to establish itself as a leading and growing player in the global market for technology services, based on its volume of business in relation to other industry providers.”   About Information Services Group Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 900 employees and operates in 21 countries.  For additional information, visit www.isg-one.com.   About Mindtree Mindtree [NSE: MINDTREE] delivers technology services and accelerates growth for Global 1000 companies by solving complex business challenges with breakthrough technical innovations. Mindtree specializes in e-commerce, mobility, cloud enablement, digital transformation, business intelligence, data analytics, testing, infrastructure, EAI and ERP solutions. We are among the fastest growing technology firms globally with more than 200 clients and offices in 14 countries.   Visit us at www.mindtree.com.  ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=4238 http://newsvoir.com/images/user/logo/5088_Mindtree.png Thu, 14 May 2015 00:23:38 +0530 Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), today announced the 19th edition of its Annual Salary Increase Survey in India. The study, the largest of its kind in India, analysed data from more than 580 companies. The results reflect a positive yet cautious sentiment in India Inc. towards salary increases.   Anandorup Ghose, Rewards Consulting Practice Leader at Aon Hewitt India, commented: “On the back of improving business confidence, a stable government and moderating inflation there is a significant improvement in business confidence across companies, however this confidences is not reflecting in salaries. The projected salary increase number shows a subtle improvement over salary increases in the last 3 years. Companies across industries are continuing to take a cautious stance and are not going for aggressive pay increases.”   Sectors such as Life Sciences, Engineering Services, Chemicals and Media are projecting a higher increase than the market average. These industries have also consistently led the salary increase numbers since 2012. The overall positive sentiment in the economy has impacted the Real Estate & Infrastructure sector significantly. The sector has moved up many places to lead the salary increase pack this year. Services industries like Retail, Financial Institutions, and Hospitality represent the lower end of salary increase projections.   Highest & Lowest Salary Increase Projections for 2015 Lead Industries 2015 Projections Lag Industries 2015 Projections Real Estate  Infrastructure 12.2 Telecommunications 9.9 Life Sciences 12 Transport 9.9 Media 11.8 Hospitality 9.8 Chemicals 10.8 Retail 9.5 ITeS and Hi Tech 10.7 Financial Institutions 9.4 Source: Aon Hewitt Salary Increase Survey 2014-15   Other Emerging Trends from the Study The survey highlighted that almost 70% of the respondents believe that there will be improvement in the business outlook. About half of all companies feel that positive business sentiment and increasing pay budgets in their competitive market are driving factors in their decision to increase salary projections from earlier years.   With changing sentiments, employee expectations have also gone up manifold. The study results show that organizations however are managing these higher expectations carefully and are not getting swayed by it. The focus on performance differentiation is far higher with a larger proportion of budgets being allocated to higher performers.  Data this year shows that across the board top performers are expected to get 1.6 times the salary increase awarded to average performers. This differentiation is even higher in most service industries such as Banking and other Financial Services (BFSI), ITeS and Telecom as well as other industries like Fast Moving Consumer Goods/Fast Moving Consumer Durables (FMCG/ FMCD), Pharma etc.   Additionally, in the last five years, the percentage of employees with top performance rating has dropped by close to 30%, implying that organizations are not hesitating to differentiate sharply on the basis of performance and are allocating the share of the total increase budget accordingly.   Top/Senior Management will see approximately a fourth of their total compensation being variable and even the bottom of the pyramid, at entry levels roles, more than 12% of compensation can be expected to be paid through performance-linked pay. There is a steady trend towards greater performance-based pay and it indicates a shift in overall pay philosophy across Indian companies.   Anandorup Ghose commented: “It’s heartening to see that even in good years India Inc. is showing greater focus towards driving performance-based differentiation in pay budgets. This will enable companies to manage their compensation costs much better than they have been in the past. We are also seeing an increase in overall employee benefits costs for companies; there is a marginal but definite shift in the level of benefits being offered to employees”.   India Inc. attrition rates in 2014 continued to be broadly at par with 2013 at 18.1%, but key talent attrition has witnessed a 31% jump. Key talent attrition in 2014 registered at 5.9% as compared to 4.5% in 2013. Increasingly organisations are developing separate retention plans and policies for their top talent. While rewards continues as a retention tool to ring fence top talent, programs around on leadership opportunities and coaching, overseas assignments, fast track programs for hi – potentials are fast gaining prominence   With changing demographics and increased focus on employee wellness, benefits are gaining significant momentum. Of the 500+ organisations that were surveyed, 76% of the firm has indicated an increase in their benefits budget. Increase in salary linked benefits (retirals), introduction of new benefits and change in the number of people availing benefits are some of the reasons for this increased budget.   Sign up for News Alerts:  http://aon.mediaroom.com/index.php?s=58 Follow Aon Hewitt on Twitter@AonHewittIndiaConsulting   #AHSIS2015   About Aon Hewitt Aon Hewitt empowers organizations and individuals to secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organizational and personal performance and growth, navigate retirement risk while providing new levels of financial security, and redefine health solutions for greater choice, affordability and wellness.  Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals in 90 countries serving more than 20,000 clients worldwide.  For more information on Aon Hewitt, please visit www.aonhewitt.com/india.   About Aon Aon plc (NYSE:AON) is a leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 65,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance intermediary, captive’s manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon’s global partnership with Manchester United. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=3400 http://newsvoir.com/images/user/logo/3685_aon_logo.gif Thu, 19 Feb 2015 21:07:35 +0530 Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organisation, today announced that it has been recognised as a Leader in banking and capital markets Application Outsourcing Services (AO)  in Europe by leading advisory and research firm Everest Group in two reports; Everest Group PEAK Matrix: European Banking IT Outsourcing  Service Providers’ Assessment 2014 and Everest Group PEAK Matrix: European Capital Markets IT Outsourcing  Service Providers’ Assessment 2014.   TCS helps businesses operating in capital markets and banking industries optimise investments, enhance operational efficiencies, minimise risk and maintain competitive pricing. In both its banking and capital markets IT outsourcing reports, Everest Group praised TCS’ scale, scope and domain investments, which were recognised as a major contributor to the company’s success.   Jimit Arora, Vice President, Everest Group, commented: “The European banking industry has seen a strong return in discretionary spending in areas such as application development for customer centricity, digital technologies, and regulatory compliance. Demand for IT outsourcing grew within capital markets in Europe as firms leveraged technology for regulatory compliance, to cut costs and drive efficiency. TCS’ Leader position reflects its comprehensive offering and ability to deliver effectively for clients.”   Susheel Vasudevan, Head Banking and Financial Services, TCS, commented: “It feels special to be once again recognised as a ‘Leader’ in European Banking and Capital Markets Application Outsourcing Services by Everest Group. This recognition highlights the strong market success and continued domain investments we have made in the financial services industry. We work closely with our financial services customers, helping them to drive efficiencies and embrace the changes required in this new digital era.”   The Everest Group evaluated 20 vendors for its banking IT outsourcing report and 18 for its capital markets IT outsourcing report. The vendors were mapped against Everest Group’s Performance, Experience, Ability, Knowledge (PEAK) Matrix, which is a composite index of several distinct metrics related to a provider’s capabilities and market success. Service providers are then split into three categories: Leaders, Major Contenders and Emerging Players. The Everest Group also profiled the capabilities of these leading service providers in detail, giving a comprehensive overview of their service scope, scale of operations, domain investments, delivery footprints and market success.    About Tata Consultancy Services Ltd. (TCS) Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS,infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 318,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.   For more information, visit us at www.tcs.com.   Follow TCS on Twitter.   Subscribe to an RSS Feed of TCS Press Releases.   TCS media contacts: Global Email: pradipta.bagchi@tcs.com Phone: +91 22 6778 9999   Europe / UK Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com Phone: +32 2282 1927 | +44 078 418 92227 India Email: h.ramachandra@tcs.com | shamala.p@tcs.com Phone: +91 22 6778 9078 | +91 22 6778 9081   USA / Canada Email: b.trounson@tcs.com Phone: +1 646 313 4594   Asia Pacific Email: sean.davidson@tcs.com Phone: +65 9139 3668   Australia and New Zealand Email: alex.goldrick@tcs.com Phone: +61 (2) 8456 2800   Latin America         Email: irais.moyat@tcs.com                                                                                                                                                             Phone: +5255 9157 8282                                                                                                                                                                                                                                                                                                                                   ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=3369 http://newsvoir.com/images/user/logo/2680_TCS%20logo.jpg Tue, 17 Feb 2015 21:38:41 +0530 a.s.r., a leading Dutch insurance company, today announced that it has selected Infosys BPO, the business process outsourcing subsidiary of Infosys, to supply back-office services for the a.s.r. labeled pensions administration system from April 1, 2015.   Eighty seven employees of a.s.r. will be transferred to Infosys BPO. The contract was signed at the end of January by Jos Baeten from a.s.r and Anup Uppadhayay from Infosys BPO.   Jos Baeten, CEO a.s.r. “To support our vision on continuous improvement of our client services and to be more cost effective, we have selected Infosys BPO to run our pensions back-office administration. We are convinced that the experience Infosys BPO has in this area will guarantee a high quality of service. This added value of Infosys is already a current and proven practice in other parts of a.s.r. and with this step we embrace a next and strategic step in our partnership with Infosys.”   Anup Uppadhayay, Chief Executive Officer and Managing Director, Infosys BPO “Organizations like a.s.r. need to be focused on their core business and are therefore looking to partner with experts like us to effectively streamline their operations and enable seamless running of business processes. Infosys BPO will leverage its widespread industry expertise and deep domain knowledge of managing financial services processes for leading organizations globally, to support a.s.r. in efficiently transforming their pensions back-office administration, thereby realizing enhanced business value.”   About a.s.r.: a.s.r. is the Dutch insurance company for all types of insurance. Via the a.s.r., Ardanta, De Amersfoortse, Europeesche Verzekeringen and Ditzo brands, a.s.r. offers a wide range of financial products covering non-life, life and income protection insurance, group and individual pensions, health insurance, and travel and leisure, and funeral insurance. Besides insurance products, the a.s.r. product range includes savings and investment products and bank savings products. In addition, a.s.r. invests in developing and operating real estate.   About Infosys: Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.   Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$8.25 B in annual revenues and 165,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.   About Infosys BPO: Infosys BPO Ltd. (www.infosysbpo.com), the business process outsourcing subsidiary of Infosys Ltd., was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, Poland, the Czech Republic, the Netherlands, Ireland, South Africa, Brazil, Mexico, Costa Rica, the United States, Puerto Rico, China, the Philippines, Singapore, and Australia, and as of December 31, 2014, employed  30, 971 people.   Safe Harbor Certain statements in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2013 and on Form 6-K for the quarter ended December 31, 2013. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this press release is mentioned at the beginning of the release, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.  ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=3212 http://newsvoir.com/images/user/logo/2628_jhhvhgvghvg.jpg Thu, 05 Feb 2015 23:37:00 +0530 IT-ITeS Sector Skills Council NASSCOM (SSC NASSCOM), today announced that it has developed ‘Career Guides’ which will provide clarity for all stakeholders, especially students about the career opportunities available in the IT-BPM industry.   Choosing a career is one of the most important decisions, especially for students. Availability of a career guide will enable students make an informed choice about their aspirational career goal. These guides provide details about the skills & competencies required, to join the IT-BPM industry. The career-paths provided are for various job roles starting from entry to leadership level, including details of vertical and horizontal mobility within this industry and across other industries.   Career Guides are a key milestone in SSC NASSCOM’s mission to create a talent pool for the IT-BPM industry. According to the National Skills Mission, about 350 million professionals would need to be skilled by 2022 to make them employable. To be able to achieve this target, a structured approach is required involving all stakeholders. One of the critical actions required is to create awareness with students about the career opportunities available in the IT- BPM industry across the four sub-sectors, namely IT Services (ITS), Business Process Management (BPM), Software Products (SPD) and Engineering & Research Development (SPD).   On the occasion Dr. Sandhya Chintala, Executive Director, SSC NASSCOM & Vice President, NASSCOM said “In the last couple of years SSC NASSCOM has made great in-roads in identifying unique job roles/ qualification packs across all IT-BPM industry sub-sectors. We are pleased to announce that they are now packaged in a comprehensive manner as “Career Guides”. Today these career guides are launched and will be available on our website www.sscnasscom.in. All individuals keen to grow and thrive in the IT-BPM industry, basis the clarity provided in these career guides about particular career paths can make long term career plans. Informed career decisions about one’s aspirational career role will greatly benefit the individual, the companies and the community at large, thus creating a strong value proposition for all concerned.”   About Sector Skill Council, NASSCOM: IT-ITES SSC NASSCOM is the skill standard setting body of the IT-ITeS industry and it is the education and skill development initiative of NASSCOM. The council works with NASSCOM industry members, select academic and skill development institutions to help improve the quality and quantity of the employable workforce available to the industry.   About NASSCOM: NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industry in India. NASSCOM is a global trade body with more than 1400 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPM, e-commerce and web services, engineering services and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs about 3.1 million professionals. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=3127 http://newsvoir.com/images/user/logo/_nascom-off-logo.jpg Mon, 02 Feb 2015 22:17:33 +0530 Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced it has been ranked as a ‘Leader’ and ‘Star Performer’ in Capital Markets specific Application Outsourcing (AO) services for the third straight year by Everest Group in its report, “Everest Group’s PEAK Matrix for Capital Markets AO Service Providers,” December 2014.   The Everest Group analyzed the capabilities of 23 leading AO service providers specific to the global capital markets sector. These providers were mapped to Everest Group PEAK Matrix which is a composite index of a range of distinct metrics related to each providers capability and market success. TCS scored in the highest percentile for both delivery capacity and market success. The report also recognized TCS for its ongoing commitment to domain investment, project scale and scope, delivery footprint and overall buyer satisfaction. In addition, the firm was recognized for its tremendous achievements in raising their operating margin by more than two percent and growing revenues in the Business Financial Services Group by more than 15 percent in FY14.   “TCS continues to maintain its ”Leader” and ”Star Performer” positioning in the capital markets AO space for a third consecutive year, given its ever-growing scale, market success and buyer satisfaction,” said Jimit Arora, Vice President, Everest Group. “TCS earned this year’s recognition for being a reliable and trusted provider for several capital markets buyers who value the company for their solid delivery capabilities, strong domain knowledge and ongoing investments in client relationships.”   “We are honored to once again be recognized as a ‘Leader’ and ‘Star Performer’ in capital markets AO by Everest for the third straight year,” said TCS’ Susheel Vasudevan, Head of Banking and Financial Services . “This recognition highlights TCS’ ongoing commitment to being an elite technology and IT services partner in the financial services industry. We at TCS are committed to lead the way in both innovation and reliability of Capital Markets services and products.”   About TCS’ Banking and Financial Services Business Unit With over four decades of experience working with the world’s leading banks and financial institutions, TCS offers a comprehensive portfolio of domain-focused processes, frameworks, and solutions that empower organizations to respond to market changes quickly, manage customer relationships profitably, and stay ahead of competition. Our offerings combine customizable solution accelerators with expertise gained from engaging with global banks, regulatory and development institutions, and diversified and specialty financial institutions. TCS helps leading organizations achieve key operational and strategic objectives across retail and corporate banking, capital markets, market infrastructure, cards, risk management, and treasury   TCS has been ranked #2 in the 2014 FinTech Rankings Top 100 of global technology providers to the financial services industry, by both - FinTech Forward™ (a collaboration of American Banker and BAI) and IDC Financial Insights. TCS has also been recognized as a 'Leader' and a 'Star Performer' in Everest Group's 2014 PEAK Matrix reports for Banking and Capital Markets Application Outsourcing (AO).   About Tata Consultancy Services Ltd (TCS) Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 318,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.   For more information, visit us at www.tcs.com.   Follow TCS on Twitter. Subscribe to an RSS Feed of TCS Press Releases.   TCS media contacts: Global Email: pradipta.bagchi@tcs.com Phone: +91 22 6778 9999   Europe / UK Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com Phone: +32 2282 1927 | +44 078 418 92227   India Email: h.ramachandra@tcs.com | shamala.p@tcs.com Phone: +91 22 6778 9078 | +91 22 6778 9081   USA / Canada Email: b.trounson@tcs.com Phone: +1 646 313 4594   Asia Pacific Email: sean.davidson@tcs.com Phone: +65 9139 3668   Australia and New Zealand Email: alex.goldrick@tcs.com Phone: +61 (2) 8456 2800 ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=3026 http://newsvoir.com/images/user/logo/2680_TCS%20logo.jpg Fri, 23 Jan 2015 17:50:18 +0530 -- Extends its title sponsorship of the TCS Amsterdam marathon by five years -- Recognizes contributions by its employees and clients in the fight against cancer   Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, has today announced the extension of its partnership with the TCS Amsterdam Marathon. In an agreement signed in the presence of the Vice-Mayor of the City of Amsterdam, Eric van der Burg, the company renewed its title sponsorship of the Marathon until 2020, extending the original partnership by an additional five years.   Since TCS first began its support of the Marathon in 2011, the event has grown to become one of the largest and most popular marathons in Europe, hosting over 42,500 runners from over 80 countries last year. The race has now received the IAAF Gold Label for Road Races, the highest accreditation in this field.   TCS’ employees and clients have contributed extensively to the event, comprising over 4% of the runners each year (1,850 of them participated in 2014). Over the past four years, the company’s employees joined up into combined teams with over 30 of its client organizations, including ABN AMRO, Achmea, ASML, Avery Desnnison, AXA, Belgacom, DSM, ING, Iamsterdam, Nyenrode Business University, Irdeto, KLM, KPN, NXP, Platform Outsourcing Nederland, Rabobank, Royal HaskoningDHV and Tata Steel. Collectively these teams have been in the forefront of the effort that raised over €500,000 for the VUmc Amsterdam Cancer Centre, the country’s leading cancer research facility. The company has won several corporate engagement and CSR awards in recognition of these initiatives.   TCS has also helped bring in new technology to the event. Its Digital Enterprise unit developed the official marathon app, in order to enhance the digital experience of the event for both runners and their supporters. The app allows families and supporters to track the progress of runners on a real-time basis among other features. In an effort to strengthen the marathon’s brand and its engagement with a wide international audience, TCS spearheaded the effort to launch a new brand and social media campaign for the event in 2014. Titled #TCSSuperheroes, the campaign highlighted the stories of personal achievement behind every participant, ultimately engaging with 15 million people through social and digital channels.   Amit Kapur, Director and Head of Benelux of Tata Consultancy Services, commented: “At the TCS Amsterdam Marathon, we are always inspired by the personal achievement of every runner, the money they raise for charity, and the stories that have motivated them to participate. It is an honour for us to continue as the Marathon’s title sponsor until 2020. We are excited to help people from across the world to participate in one of the world’s leading sporting events and support a vital charity effort at the same time.”   Eric van der Burg, Vice-Mayor of the City of Amsterdam, commented: “TCS’ support for the TCS Amsterdam Marathon over the last five years has made an immeasurable contribution to sport in Amsterdam and the people who participate in it. We are delighted that the relationship with TCS will continue for another five years and are looking forward to building on the success of 2014 as we continue to promote sports in Amsterdam.”   Cees Pronk, Race Director TCS Amsterdam Marathon/Le Champion, commented: “We are proud to extend our partnership with TCS. The company’s support will help us grow as one of the world’s top running events, enabling us to continue building on our Superheroes goals. The success of the TCS Amsterdam Marathon in 2014 shows that anybody can be a superhero – by breaking through barriers and beating personal expectations – which inspires others. With the TCS partnership continuing until 2020, we are looking forward to taking the Marathon to new levels.”   About Le Champion: Le Champion organises leading and distinctive running, cycling and walking events. In addition to the TCS Amsterdam Marathon, the association also organises other major sport events such as the Dam to Dam Run, the PWN Egmond Half Marathon, AGU Egmond-Pier-Egmond, the Noord-Holland Tour, the Plus Wandel4Daagse Alkmaar and the Dam to Dam Walking Tour. Moreover, Le Champion stages dozens of small-scale initiatives including cycling and walking tours at home and abroad. With more than 12,000 associates, Le Champion encourages over 200,000 to move each year. For more information, visitwww.lechampion.nl.   About Tata Consultancy Services Ltd (TCS): Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS,infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 318,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.   Follow TCS on Twitter. Subscribe to an RSS Feed of TCS Press Releases.   TCS media contacts:  Global Email: pradipta.bagchi@tcs.com Phone: +91 22 6778 9999   Europe / UK Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com Phone: +32 2282 1927 | +44 078 418 92227   India Email: h.ramachandra@tcs.com | shamala.p@tcs.com Phone: +91 22 6778 9078 | +91 22 6778 9081    USA / Canada Email: b.trounson@tcs.com Phone: +1 646 313 4594   Asia Pacific Email: sean.davidson@tcs.com Phone: +65 9139 3668   Australia and New Zealand Email: alex.goldrick@tcs.com Phone: +61 (2) 8456 2800   Latin America Email: irais.moyat@tcs.com Phone: +5255 9157 8282 ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2995 http://newsvoir.com/images/user/logo/2680_TCS%20logo.jpg Wed, 21 Jan 2015 21:42:56 +0530 Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced that the company’s flagship TCS Research Scholarship Programme (TCS RSP) will be extended for another five years to reach over 200 additional doctoral research scholars across India in the area of Computer Science. Till date, TCS has actively supported 188 research scholars across 33 institutes in India, under this programme. Six students have successfully completed their PhDs under this scheme and are now employed in Academia and Industry R&D centers.   For the next five years, the TCS RSP will benefit 40 scholars annually. The programme supports nearly 20% of all the Computing Science PhD scholars in India.   The TCS Research Scholarship Programme was launched in 2010 to provide a major fillip for quality research in areas such as computer sciences and engineering, information systems and technology, and software engineering. The programme also aims to promote development and innovation to contribute towards boosting the country’s technology landscape.   “There is a big gap between the demand and supply of quality scientists in computational science disciplines in India. Recent studies indicate the growing need for more research in this area to help develop intellectual property in this country. To address this gap, TCS created Research Scholar Program to improve the research talent base in the country and given its success, we are delighted to increase the number of students funded by another 200,” said N Chandrasekaran, CEO & MD, Tata Consultancy Services.   TCS has identified and shortlisted 61 top-ranking institutes and universities in India with active Ph.D. programmes in the Computing Sciences. Invitations seeking applications for the Research Scholar Programme are sent out to these institutes, in January and July.  Students who are registered for full time PhD in areas such as Computer Engineering, Computer Science, Information Systems, Software Engineering, and Information Technology are eligible to apply, with a recommendation from their institute. The Program is entirely free of any obligation on the part of awardees - the RSP scholars do not have to join TCS or share the IP of their work in any way.   The selected Research scholars will receive cash scholarship and contingency funds for four years, with a provision of extending the support for one more year. Further, they will also be awarded significant travel funds for international travel to attend and present their research work in international conferences and workshops.   TCS researchers and scientists from R & D and the CTO team offer technical mentoring, industry exposure, and insight into the real world scenario. The scholars are invited to various TCS conferences and symposiums and also have an opportunity to visit TCS innovation and research Labs.   The TCS RSP has received the “World CSR Congress 2014 - Education and Training Social Enterprise Award."   To know more about TCS’ Research Scholar Program, contact:  tcs.rsp@tcs.com   About Tata Consultancy Services Ltd (TCS): Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 318,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.   Follow TCS on Twitter. Subscribe to an RSS Feed of TCS Press Releases.   TCS media contacts:  Global Email: pradipta.bagchi@tcs.com Phone: +91 22 6778 9999   Europe / UK Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com Phone: +32 2282 1927 | +44 078 418 92227   India Email: h.ramachandra@tcs.com | shamala.p@tcs.com Phone: +91 22 6778 9078 | +91 22 6778 9081    USA / Canada Email: b.trounson@tcs.com Phone: +1 646 313 4594   Asia Pacific Email: sean.davidson@tcs.com Phone: +65 9139 3668   Australia and New Zealand Email: alex.goldrick@tcs.com Phone: +61 (2) 8456 2800   Latin America Email: irais.moyat@tcs.com Phone: +5255 9157 8282 ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2993 http://newsvoir.com/images/user/logo/2680_TCS%20logo.jpg Wed, 21 Jan 2015 21:00:52 +0530 Bird Information Systems (BIS), a leading BPO, today announced that it received COPC OSP Version 5.1 certification from the prestigious COPC Inc. BIS was able to achieve this prestigious certification as it meets the COPC high performance level standards in managing customer satisfaction, revenue, service, quality, costs as well as people, and performance.   Commenting on the achievement, Mr. Ankur Bhatia, Executive Director, Bird Group states “At BIS we have always focused on service delivery with quality which should demonstrate results into Client and End user satisfaction. Maintaining standards and achieving benchmarks has always been an endeavour for us be it technology or service delivery.”   The implementation of the bespoke solutions of BIS across key metrics and workforce management practices has helped to recognize the team’s commitment towards the COPC capabilities which were built around DMAIC methodology. Providing proactive approaches that can improve service and quality and have resulted into increased revenues while decreasing cost were the biggest learning for BIS during its journey of COPC certification.   Established in 2002, BIS has made a mark for itself in this field with its all around team work and professionalism to achieve improved performances and user satisfaction. BIS, the technology arm of the parent company the Bird Group, has received this certification for its endeavor towards quality and building a robust service delivery mechanism for its key client programs delivered out of the Gurgaon location.   About Bird Group: The Bird Group was founded in 1971 with the incorporation of Bird Travels. Today, with over 40 years of experience and more than 45 offices supported by over 6000 well trained staff and an impressive clientele of over 500 top corporates, Bird Group can claim to be one of the largest and most diversified entities within the industry in the Indian subcontinent. With businesses as diverse as pioneering back-office processing to being the representative for many of the world’s leading airlines; from managing the backbone of the technological framework for airline IT and distribution to managing crucial relationships of international service providers, Bird Group has ensured that a comprehensive portfolio of service offering has been created to add value to an extensive client base and add new potential customers. And in recent months, Bird Group has taken bold steps to increasing the value offering while broadening business horizons with new ventures. Today Bird Group’s core business includes Travel Technology, Aviation Services, Hospitality, Luxury Retail and Education.    For more information, visit the Bird Group website www.bird.in ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2858 http://newsvoir.com/images/user/logo/2832_image003%20%281%29.jpg Tue, 13 Jan 2015 23:18:47 +0530 The year 2014 was marked by a number of potentially historic technological innovations. From smart spectacles to connected watches, 2014 has seen technologies first conceptualized in science fiction becoming reality.    These achievements have shown that our appetite for innovation remains as strong as ever, and that our world is becoming ever more dependent on the networks underpinning these technologies. As 2014 draws to a close, the question is: What can we expect in 2015?   Edgar Dias, Regional Director, India at Brocade (NASDAQ: BRCD) outlines his predictions below on what technology trends we should watch for in 2015:   1) The rise of the New IP: We are at the forefront of a new paradigm for networking: Historically, compute transitions have always driven network evolution. It is no secret that the future lies in new compute models—such as mobile, cloud computing, and the Internet of Things—and this will in turn lead to a major shift in networking. Legacy networks, built on ostensibly-open-but-proprietary protocols and designed for non-mission critical applications, will have to adapt to support the adoption of these new technological trends. In 2015, we will see this effort begin in earnest, with the rise of the New IP that is better aligned with the evolution of the rest of IT and based on the principles of openness and scalability while being software-driven and hardware-optimized.   2) Openness helps SDN and NFV take big leaps forward: Over the past year we’ve seen Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) become firmly established as the future of network infrastructures. We have already seen some early adopters taking advantage of these technologies but, in 2015, we’re expecting to see SDN and NFV really take hold. The industry is rapidly shifting toward open and open source technologies, and data centers will be software-defined with a high degree of virtualization in workloads and applications at the edge/device level. The network of the future will be multiservice, multitenant, hardware-accelerated, and software-controlled. This will be aided by growing momentum around open standards, as the industry recognizes that in order to truly align an enterprise’s infrastructure strategy with its business requirements, customers must be free to choose the solutions that best meet their specific needs, regardless of which vendor builds them. Truly open and interoperable standards are likely to rise in popularity throughout 2015 as customers opt for greater choice and flexibility.   3) The Internet of Things will start to impact business: In 2014, we saw the Internet of Things begin to truly take shape and, in 2015, this trend is set to rapidly increase. With Frost & Sullivan predicting that 116.6 million machine-to-machine connections  will be made in APAC by 2015, businesses will need to brace themselves to cope with an ever-growing network of connected devices generating and accessing data. Many of these connected technologies will be brought on to existing corporate or public networks, making investment in the underlying infrastructure that supports these advancements absolutely essential. Data traffic is also evolving to become more unstructured and organizations may soon require greater flexibility and dynamic control to manage the Internet of Things.   4) The virtual workspace will become a necessity: Employees are demanding, and needing, even more flexibility and, with budgets set to remain tight for the foreseeable future, companies are looking for ways to meet user demands and boost productivity. 2015 is therefore likely to see virtual networking becoming increasingly mainstream as companies look to meet this conflicting pressure by introducing virtualized workspaces. IDC has predicted that by 2015, 838.7 million people in APAC will work remotely using mobile technology, the largest increase compared to other regions. Virtualized workspaces offer an opportunity for employees to have the same working experience regardless of their location or device, giving users greater freedom and, in turn, increasing productivity for the business. However, this added flexibility for users will inevitably put greater strain on core infrastructures and companies will need to make sure they have the right networks in place in order to free their employees. 5) Increasing pressure on CIOs to innovate: The “I” in CIO will stand more for innovation than information, with the role quickly evolving from managing ICT infrastructure to creating competitive advantage and driving service agility for the organization. CIOs will have to continuously unlearn legacy approaches and adapt if they want to stay relevant, with priorities shifting from merely keeping the lights on to driving business transformation.   About Brocade: Brocade® (NASDAQ: BRCD) networking solutions help the world’s leading organizations transition smoothly to a world where applications and information reside anywhere. (www.brocade.com)   © 2014 Brocade Communications Systems, Inc. All Rights Reserved.   ADX, Brocade, Brocade Assurance, the B-wing symbol, DCX, Fabric OS, HyperEdge, ICX, MLX, MyBrocade, OpenScript, VCS, VDX, and Vyatta are registered trademarks, and The Effortless Network and The On-Demand Data Center are trademarks of Brocade Communications Systems, Inc., in the United States and/or in other countries. Other brands, products, or service names mentioned may be trademarks of others. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2534 http://newsvoir.com/images/user/logo/2769_q80%20%2839%29.jpg Mon, 08 Dec 2014 23:47:11 +0530 Virtusa Corporation (NASDAQ GS: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that Zinnov, one of the world’s leading management consulting firms, has acknowledged Virtusa in the ‘Execution Zone’  in the Enterprise Software segment of its annual Global Service Provider Ratings (GSPR) report. This is the fourth consecutive year in which Virtusa has been honored by Zinnov for its approach to Outsourced Software Product Development.   According to the report, Virtusa ranks as a leading services firm for its approach to a niche vertical market, while being viewed as an emerging organization for its depth and breadth of services. Zinnov’s rating consists of a two-axis model that assesses vendors against their “scale of verticals serviced” as well as their “specialization and R&D services.”   “Being honored by Zinnov amongst the global leaders in Engineering and R&D services for our approach to software development is both humbling and exciting,” said Harsha Liyanage, senior director and head of Client Delivery for ISVs, Virtusa. “As the report acknowledges, the niche engineering service category is extremely competitive, the fact that Virtusa continues to rank highly in this category is a credit to our team members.”   Zinnov’s annual Global Service Provider Rating is an exhaustive exercise that covers over 50 companies in the R&D space. The participants were analyzed across key parameters like Human capital, product development capabilities, financials, ecosystem linkages, infrastructure & innovation / IP creation, their non-linear strategy, lab infrastructure and customer relationships. The analysis process involved data collection from participating companies, interviews with end customers, and inputs from domain experts.   Virtusa’s Independent Software Vendors (ISVs) services are focused on addressing the life-cycle concerns of product vendors and software services vendors. The company leverages its global delivery model to accelerate product innovation while at the same time bringing significant cost and quality improvements and its services are tailored to meet the challenges and concerns of product companies at any stage of their growth cycle. Virtusa has executed over 4000 commercial grade software product releases with partners with some of the largest and most successful ISVs.   Virtusa consistently ranks as a top provider for Global 2000 companies and the leading software vendors in Banking & Financial Services, Insurance, Telecommunications, Technology and Media, Information & Education industries.   For more information on Virtusa's software development capabilities, please visit http://www.virtusa.com/industries/independent-software-vendors/industry-solutions/   About Virtusa Virtusa provides end-to-end information technology (IT) services to Global 2000 companies. These services, which include IT consulting, application maintenance, development, systems integration and managed services, leverage a unique Platforming methodology that transforms clients’ businesses through IT rationalization. Virtusa helps customers accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems.   Virtusa delivers cost-effective solutions through a global delivery model, applying advanced methods such as Agile and Accelerated Solution Design to ensure that its solutions meet the clients’ requirements.  As a result, its clients simultaneously reduce their IT operations cost while increasing their ability to meet changing business needs.   Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.   © 2011 - 2014 Virtusa Corporation.  All rights reserved.    Virtusa, Accelerating Business Outcomes, BPM Test Drive and Productization are registered trademarks of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders. ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2453 http://newsvoir.com/images/user/logo/_virtusa.jpg Mon, 01 Dec 2014 22:22:57 +0530 ITC Infotech, a leading global IT services & solutions company, and a fully owned subsidiary of ITC Ltd, today announced the opening of a new centre at the BPTP Park Centra, Gurgaon. The new centre will drive ITC Infotech’s business operations for Northern India.   ITC Infotech has been witnessing increasing traction for its technology solutions and services, particularly in the areas of Customer Experience, end-to-end Data Solutions and Advanced Analytics, Product Lifecycle Management, Infrastructure services, Supply Chain Optimization, and SAP. The company is engaged with a large number of Indian corporates in the National Capital Region (NCR) today. ITC Infotech is a leading provider of end-to-end services to manufacturing, automotive, banking and financial services, insurance and healthcare industries helping them scale up operations and transform digitally.   Commenting on the inauguration, Mr. Ajeeth Jagannath, Sr. Vice President – India & APAC, ITC Infotech, said, “Given that Gurgaonis a thriving business hub, it naturally becomes a vital destination for IT companies.Apart from the proximity to customers that it offers, Gurgaon is also a key location for attracting talent. Given these strengths The NCR region promises to soon become a significant delivery hub for the company.”   ITC Infotech also plans to set up a large development centre in Noida. This would be in addition to existing development centresin Bangalore, Kolkata, Trivandrum and Pune, and would significantly augment ITC Infotech’s delivery capabilities   About ITC Infotech: ITC Infotech provides IT services and solutions to leading global customers. The company has carved a niche for itself by addressing customer challenges through innovative IT solutions.   ITC Infotech is focused on servicing the BFSI (Banking, Financial Services & Insurance), Treasury & Capital Markets (TCM), CPG&R (Consumer Packaged Goods & Retail), Life Sciences, Manufacturing & Engineering Services, THT (Travel, Hospitality and Transportation) and Media & Entertainment industries.   For more information, please visit www.itcinfotech.com   Or write to: contact.us@itcinfotech.com ]]> http://newsvoir.com/index.php?option=com_content&view=release&rid=2422 http://newsvoir.com/images/user/logo/2671_ITC%20logo.jpg Thu, 27 Nov 2014 23:34:51 +0530