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Patni Computer Systems

Patni Computer Systems

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Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

Established in February 10,1978, Patni Computer Systems is one of the leading global providers of information technology services and business solutions in the country. The IT major has serviced more than 400 Fortune 1,000 companies for over two decades. It has more than 14,500 professional service clients across diverse industries, from 27 sales offices across the Americas, Europe and Asia-Pacific, and 22 Global Delivery Centers in strategic locations across the world.

The company, having various offshore development centers, was the first to develop Follow the Sun development and support frameworks. It also announced the portfolio of Enablement Services to help independent software vendors (ISVs) make the transition to Software as a Service (SaaS) platform.

In 2004, it came out with Initial Public Offering (IPO) of 18,724,000 equity shares in the price of Rs 230 per share for a face value of Rs 2 each.

Patni has people-centric policies to establish a friendly and caring working environment and provides its employees with the opportunity to carve their career path. It has a well-defined award and recognition ceremony in place to appreciate the efforts taken by its employees.

Besides it also offers group medi claim policy, personal accident insurance and life cover insurance and also conducts regular health check-ups for all employees above the age of 35.

It is also an ISO 9001:2000 certified organization; assessed enterprise-wide at SEI-CMMI Level 5 (V1.2), SEI-CMM Level 5 and P-CMM Level 3. It has also integrated the Six Sigma techniques to focus on continuous, measurable process improvement, with powerful analytical tools and sophisticated review processes.

Services offered:

Patni offers end-to-end, high-quality, cost-effective and business-focused Product Engineering Services for industry domains like:

  • Automotive
  • Consumer Electronics
  • Industrial Automation
  • Storage, Networks and Computing
  • Medical Electronics
  • Mobile and Wireless
  • Office Automation
  • Semiconductors

Group Company:

In 1981, the company promoted PCS Data Products (PCSDP) for the sale and marketing of computer equipment and hardware maintenance as the company’s original activities included time rental, resale of imported computer hardware, and software exports.

In 1987, the company promoted PCS Data General India (PCSDG), a joint venture with The Data General Corporation, USA, for the manufacture and maintenance of computer hardware.

In 1994, PCSDP’s name was changed to PCS Industries (PCSIL) and PCSDG was merged into PCSIL. Since then, the company has been entirely focusing on software exports.

However in 1999, the shares of PCSIL held by the company and other non-operating assets were de-merged into other group companies and the company emerged as a focused IT services company

Now Patni Computer Systems is a separate entity from PCS Industries, which is a group company.

Milestones Achieved:

2004 - Assessed at Level 5 of the Capability Maturity Model Integration (CMMI SE/SW version 1.1) for all its development centers in Mumbai and Navi Mumbai after a rigorous month-long SCAMPI assessment by KPMG, India

Also, inks memorandum of understanding (MoU) with the Birla Institute of Technology and Science [BITS], Pilani to offer educational programs to Patni employees through the 'BITS off-campus Distance Learning and Collaborative Program' scheme.

2005 - Wins awards for excellence in corporate performance.

      - appoints Loek Van Den Boog as director

      - launches Defined BPO Service for Insurance Carriers

      - launches Life New Business STP solution.

Awards/ Recognitions:

  • Patni’s iCAP Solution for Life Sciences certified as powered by SAP NetWeaver,
  • Ranked as the No.1 Green Innovative IT Vendor by Black Book of Outsourcing,
  • Ranked among Top 10 best performers in IT Services and IT Infrastructure Services,
  • Achieves Global Certification by SAP for Application Management Services,
  • Conferred the Golden Peacock National Training Award-2007 by the Institute of Directors,
  • Patni Named Weyerhaeuser’s 2009 ‘IT Supplier of the Year’.
  • In 2009 Patni Computer Systems receives 'IT supplier of the year' award
Brands Of Patni Computer Systems

Brands Of Patni Computer Systems

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