Syntel

Information about  Software  Companies  in India - Syntel

IT COMPANIES IN INDIA – SYNTEL

Information about Software Companies  in India - Syntel

SOFTWARE COMPANIES IN INDIA – SYNTEL

Information about  Software  Companies  in India - Syntel

Syntel Company is a global provider of Information Technology (IT) and Knowledge Process Outsourcing (KPO) solutions company with global development centers in India and the US.Syntel was founded in Troy,and Michigan in 1980 with an initial investment of $2,000. Its founders were Bharat Desai,who received an MBA in finance from Stephen M. Ross School of Business, University of Michigan and a Bachelor of Technology degree from the Indian Institute of Technology (IIT) Bombay in India, and Neerja Sethi. Originally named Systems International the company began providing software staffing services to local corporations, and earning $30,000 in its first year.

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IT Companies in India - Syntel

Information about  Software  Companies  in India

On 1 Feb 2010, Syntel announced the promotion of Prashant Ranade to the position of CEO. Founder and former CEO Bharat Desai will continue to serve as Chairman of the Board, and is the majority shareholder also.Syntel’s rapid growth during the early years prompted its leadership to begin exploring additional service offerings to augment its core IT staffing business.In 1999 Syntel began providing development and maintenance services to its customer. With the addition in 1992 of its first wholly owned development centers in India.Syntel Company began offering software outsourcing services on an onsite offshore model, which connected software developers in India to project managers at the client’s location via an international telecommunications network.

Information about Software Companies  in India - Syntel

This model allowed Syntel to offer the cost of offshore labor rates with the flexibility and responsiveness of onsite project management. This method of IT service delivery is now widely known as the Global Delivery Model.Syntel’s Mumbai development centers currently employ above 4000 software professionals, with another 2000 located in Chennai. In 2004, Syntel broke ground on a new technology campus in Pune city,India. The first phase, opened in 2005, has capacity for 3000 employees. When completed, the facility will house above 9000 software engineers.In may 2010,Syntel also opened the first phase of its new 27-acre technology campus in Chennai city ,India.The Chennai campus currently has capacity for 1700 developers with plans to eventually expand the facility to accommodate a staff of 10000.

Information about  Software  Companies  in India - Syntel