INDIAN INFORMATION TECHNOLOGY INDUSTRY The Indian information technology (IT) industry has played a key role in putting

India on the global map. The IT-BPO sector has become one of the most significant growth catalysts for the Indian economy. In addition to fuelling Indias economy, this industry is also positively influencing the lives of its people through an active direct and indirect contribution to various socio-economic parameters such as employment, standard of living and diversity. The industry has played a significant role in transforming Indias image from a slow moving bureaucratic economy to a land of innovative entrepreneurs and a global player in providing world class technology solutions and business services, according to National Association of Software and Service Companies (NASSCOM). The sector is estimated to have grown by 19 per cent in the FY2011, clocking revenue of almost US$ 76 billion. Indias outsourcing industry has witnessed a rebound and registered better than expected growth according to NASSCOM. The export revenues are estimated to have aggregated to US$ 59 billion in FY2011 and contributed 26 per cent as its share in total Indian exports (merchandise plus services), according to a research report IT-BPO Sector in India: Strategic Review 2011, published by NASSCOM. The workforce in Indian IT industry will touch 30 million by 2020 and this sunrise industry is expected to continue its mammoth growth, expect various industry experts. The Growth Story India is a preferred destination for companies looking to offshore their IT and back-office functions. It also retains its low-cost advantage and is a financially attractive location when viewed in combination with the business environment it offers and the availability of skilled people. India's top technology firms like TCS, Infosys, Wipro and HCL are readying plans to gain a bigger share of their largest market, US, by aggressively chasing contracts being served by multinational rivals. Analysts expect the top IT firms to grow between 23-27 per cent in the FY2012 on the back of more number of discretionary projects, improved pricing, and robust business volumes.

Future of Indian IT Industry

The Indian IT sector persists to be one of the flourishing sectors of Indian financial system indicating a speedy expansion in the coming years. As per NASSCOM, the Indian IT exports are anticipated to attain US$ 175 billion by 2020 out of which the domestic sector will account for US$ 50 billion in earnings.

In total the export and domestic IT sector are expected to attain profits amounting to US$ 225 billion along with new prospects from BRIC nations and Japan for its outsourcing operations.

PATNI COMPUTERS Patni Computer Systems Ltd., is a provider of Information Technology services and business solutions. The company employs over 15000 people, and has 23 international offices across the Americas, Europe, and Asia-Pacific, as well as offshore development centres in 8 cities in India. Patni's clients include more than 400 Fortune 1000 companies.

History India born, Narendra K. Patni first came to the US in 1964 on an MIT fellowship and in the early 1970s, he was appointed the president of Forrester Consulting Group, which advised companies and government agencies on technology issues. While there, he became aware of the benefits of outsourcing during a project involving advance level typesetting. The best way to do it is where the labor is cheaper, he said and so was born the first outsourcing companies in India. The Beginning The name of the company was initially Data Conversion Inc in 1972. Narendra Patni and his wife Poonam started this experiment in their house, naming one room as US and the other as India. In one room, they wrote instructions to convert data from paper documents to computers. In another room, a group of MIT students typed out the data into a Flexowriter machine that spat out paper tape, which was then a very labor intensive and multi-step data conversion process. A ground rule was that there would be no conversation only written notes, because at that time phone connections between US and India were still spotty.

The husband-wife duo who started operations from the third floor of their apartment in US, began with 20 people in back office operations in Pune (now have grown to over 14000 employees worldwide). In the Pune office, employees typed out court documents for LexisNexis, movie summaries for American Film Institute and catalogs for American Mathematical Society. Each week boxes of paper tapes were flown to US for processing through readers and conversion into magnetic tapes that was fed into computers. This experiment has mushroomed into a business empire and a global phenomenon that is fuelling productivity. This was Patni's first step into the realm of software services. By late 1970s the company had garnered enough foreign exchange to take the next step forward. Patni came up with the idea of importing multi user server systems and selling computer time. Eventually, an agreement with US based computer manufacturer Data General to supply computer systems through satellite links helped create Patni Computer Systems in 1978. The company was incorporated in India on 10 February 1978 under the Indian Companies Act, 1956. Around the same time Naren Patni had the idea of software development opportunities from Data General to be delivered from India. And they got the projects! Mr. Patnis dream of leveraging India as a high quality and low cost delivery base became a reality when in 1986 Indias first ODC (Offshore Delivery Centre) for Data General was set up. This was the start as Patni successfully initiated and developed the outsourcing business model which flourished into one of the largest industries worldwide, connecting the world in ways that was unimaginable some time ago. During the early 1990s the company was too focused on its hardware market and couldnt leverage the growth of software opportunities. It was then that Naren Patni roped in consulting group McKinsey to recommend how to scale up their business. The firm recommended massive restructuring of the organization into strategic business units based on market segments and technological expertise supported by horizontal groups. From an 80 crore company in 1996, the companys revenues have grown to 656 million USD till 2009

Patni Knowledge Park, Airoli, Mumbai

Patni Knowledge Park, Mumbai Situated on a sprawling 50 acres (200,000 m2) of land in the lush green Navi Mumbai area, this campus will include world-class facilities for software development, training, customer care,

employee recreation, among others. The Patni Knowledge Park can easily accommodate 17,000 professionals Green IT-BPO centre in NSEZ, Noida

Patni Green Building

The state-of-the-art environment-friendly facility set up with an investment of Rs. 175 crores, complements the organization's green initiatives around efficient utilization and conservation of energy, water and natural resources. Developed on Green Architecture, the centre is spread over 5 acres (20,000 m2) and has a seating capacity of over 3500. Christened, Patni Knowledge Centre, this facility is designed and constructed as per the guidelines of LEED (Leadership in Energy and Environmental Design) India Green Building Rating System for New Construction

Patni US

Patni Chennai

Patni UK

COMPETITORS

COGNIZANT

TCS

INFOSYS

WIPRO

BIRLASOFT

MINDTREE

KEY MEMBERS

NAGENDRA PATNI : CHAIRMAN

JEYA KUMAR : CEO

MRINAL SATTAWALA : COO

SURJEET SINGH : CFO

SATISH JOSHI : CTO