IT COMPANIES IN INDIA – HEXAWARE
SOFTWARE COMPANIES IN INDIA – HEXAWARE
Hexaware Technologies Limited (HTL) is an information technology and business process outsourcing service provider company based in Mumbai, India. The company provides software services in airlines, banking and financial services and health care insurance sectors. The Hexaware company is currently assessed as a CMMI level 5 company and since 2005, NASSCOM has ranked Hexaware the 11th IT company of India in the list of top 20. Current employee strength is above 7000 with over 175 clients. This Company operates from multiple offices in countries like Japan, USA, Canada, Singapore, Netherlands, Belgium and Germany apart from India. After starting facilities in Chennai, the company started its third development center in Pune in 2006. In a separate survey of 2006, it was rated the sixth Best IT Employers from India.
Atul Nishar, the founder of Hexaware Technologies, started Aptech computer education in 1984, which went on to become a noted Indian IT education provider. Later the company started providing business solutions and made into a separate IT division of Apple Industries. In 1990 it was spun into a new company which functioned for nearly a decade. In 2002 major restructuring happened as all the training activities were demerged into Aptech and business solutions were made part of Hexaware Technologies Ltd. Aptech was later sold to SSI the same year. Hexaware’s fully owned subsidiary Caliber Point Business Solutions was started with an investment of INR 5 crore Business Process Outsourcing (BPO) operations. Caliber Point mainly focusses on the global healthcare industry with specialty in claims processing services.
On June 2008, the company appointed P. R. Chandrasekar, an ex-Wipro Technologies top brass, as its new Chief Executive Officer, and Mr. Aggarwal as its new CFO. In the third quarter of 2008, the company announced plans to reduce staff strength by up to 2300 people or 14.5% by the end of the year through a combination of layoffs and attrition. During 2010, the company headcount increased by 1115 employees, taking its global headcount to 6252. The company also announced in Q2,2010 two large wins of $110 million and $ 60 million each. In 2010, the company has also established a new global delivery center in Bengaluru city India, which is its 7th delivery center across the world.