GSS Infotech

GSS Infotech
Type Private
Industry Information Technology
Founded 1999
Area served Worldwide
Key people Bhargav Marepally [CEO & Founder]
Ramesh Yerramsetti [Managing Director & Founder]
PVRK Prasad [Chairman]
Keerthy Jaya Tilak , Mark Silgardo , LV Prasad and Ramanan Raghavendran [Directors]
Employees 900 (November 2010)
Website gssinfotech.com

GSS Infotech (formerly "GSS America"), established in 1999, is a CMMI Level 5 company and a provider of information technology and IT enabled solutions and services to companies worldwide. The company specializes is in Cloud Computing, Remote Infrastructure Management Services, Virtualization Solutions, Application Management Services, and Infrastructure Optimization Solutions.

GSS Infotech has four development centers in New York, Illinois, Connecticut, and Hyderabad and six business centers in New York, Illinois, Connecticut, Dubai, Hyderabad, and Singapore

Contents

History

GSS Infotech was formed in 1999 as "GSS America". On 10 March, 2011, the company was renamed "GSS Infotech".[1][2] GSS Infotech offers services primarily to telecommunication, banking and financial services, insurance, healthcare, retail, and government organizations. In 2006, the company established a Global Delivery Center in Hyderabad, India and became a CMMI Level 5 company in 2011.

In November 2010, GSS America Infotech Ltd. acquired US based companies with revenues of $30 million to increase its portfolio.[3][4]

In GSS Infotech‘s annual meeting in December 2010, the company passed the resolution to raise around Rs 337.50 crore ($75 million) by means of foreign currency convertible bonds, American Depository Receipts or other instruments.[5]

Partners

GSS Infotech works with IT companies such as Microsft, NetApp, EMC, HP, APC, Cisco, and a few more.

Revenue

GSS Infotech net profit rose by 0.40% to Rs 2.50 crore in the quarter ended December 2010 as against Rs 2.49 crore during the previous quarter ended December 2009. The sales increased by 71.88% to Rs 17.79 crore in the quarter ended December 2010 in contrast to Rs 10.35 crore during the previous quarter ended December 2009.[6]

GSS Infotech net profit rose by 70.73% to Rs 2.80 crore in the quarter that ended March 2011 as against Rs 1.64 crore during the previous quarter.[7]

Acquisitions

Solutions & Services

GSS Infotech provides Healthcare Regulatory Compliance Services to the organizations. GSS Infotech portfolio of Solutions and Service includes:

  • Maintenance & Monitoring
  • Service Desk Support
  • Networking & Security
  • Application Maintenance
  • Independent Verification & Validation

GSS Service Desk Support

Recognition

Contact

References

  1. ^ oneindia. "GSS America - Change of Name of the Company". http://money.oneindia.in/news/2011/03/14/gss-america-change-aid0096.html. 
  2. ^ capital4. "GSS America Infotech changes its name". http://www.capital4.com/news/gss-america-infotech-changes-its-name-/56653. 
  3. ^ Sulekha Money. "America Infotech to buy 30 million revenue companies in US". http://money.sulekha.com/gss-america-infotech-buying-30-mln-revenue-cos-in-us_news_20491. 
  4. ^ NDTV Profit. "GSS America Infotech buying 30 million revenue companies in US". http://profit.ndtv.com/news/show/gss-america-infotech-buying-30-mln-revenue-cos-in-us-122049. 
  5. ^ The Hindu Business Line. "GSS Infotech gets nod to raise Rs 337 crore". http://www.thehindubusinessline.in/2010/12/28/stories/2010122852260700.htm. 
  6. ^ edelweiss. "GSS America Infotech net profit rises 0.40% in the December 2010 quarter". http://edelweiss.in/News/CompanyNews.aspx?StoryId=3&section=1&co_code=27985. 
  7. ^ edelweiss. "GSS Infotech net profit rises 70.73% in the March 2011 quarter". http://edelweiss.in/News/CompanyNews.aspx?StoryId=0&section=1&co_code=27985. 
  8. ^ Infospectrum Consulting Inc. "GSS America acquires Infospectrum Consulting,". http://www.isc-na.com/index1.html. 
  9. ^ Free Press Release. "Infospectrum Consulting Adopts GSS Infotech Brand". http://www.free-press-release.com/news-infospectrum-consulting-adopts-gss-infotech-brand-1292968304.html. 
  10. ^ Capital Market. "GSS America Infotech - Acquisitions drive growth". http://www.cmlinks.com/pub/nim/nimshow.asp?code=27985. 
  11. ^ Bloomberg. "ATEC Group to Contribute to Growth of Capital Region Economy". http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQ2XAkw4vAZs. 
  12. ^ The Business Review (11 November 2009). "Global software company acquires Colonie’s ATEC Group". http://www.bizjournals.com/albany/stories/2009/11/09/daily33.html. 
  13. ^ R K Global. "Investment Strategy: Importance of siblings". http://www.rkglobal.net/CompanyProfile/DetailedNews/Investment-Strategy-Importance-of-siblings/10150005002/Winsome-Textile-Industries-Ltd/514470. 
  14. ^ Velocé. "Velocé Group has become GSS Infotech". http://www.velocegroup.com/. 
  15. ^ Hindustan Times. "20 Indian companies in Forbes ‘Best Under A Billion’ list". http://www.hindustantimes.com/20-Indian-companies-in-Forbes-Best-Under-A-Billion-list/Article1-452797.aspx. 
  16. ^ Forbes (1 September 2010). "Asia's 200 Best Under A Billion". http://www.forbes.com/lists/2010/24/asia-under-billion-10_Asias-200-Best-Under-A-Billion_Company_3.html. 
  17. ^ The Economic Times. "20 Indian cos in Forbes 'Best Under A Billion' list". The Times Of India. http://articles.economictimes.indiatimes.com/2009-09-11/news/27638880_1_pharma-firm-indian-companies-opto-circuits. 

External links