| Type | Public |
|---|---|
| Traded as | BSE: 532400 NSE: KPIT |
| Industry | Product Engineering and IT Consulting |
| Founded | 1990 |
| Headquarters | Pune, India |
| Services | IT Consulting, Product Engineering Solutions, Business Process Outsourcing, Knowledge Process Outsourcing |
| Revenue | US$224 million. (2011) |
| Employees | 6500+ (Mar, 2011) |
| Website | www.kpitcummins.com |
KPIT Cummins (BSE: 532400, NSE: KPIT) is a product engineering and IT consulting company providing solutions and services to the Manufacturing, Automotive, Industrial Equipments, Utilities and Semiconductor companies. It is headquartered in Pune India and has offices in 11 countries including the United Kingdom, China, India, France, South Africa, Germany, United States, Japan, Singapore and Korea. Worldwide KPIT Cummins has over 6500 employees.
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KPIT Cummins started as a financial auditing firm decades before moving into the field of software. Close to late 80s they started developing software for banks and financial firms and went on to expand in other domains like manufacturing. Today, KPIT Cummins is one of the fastest growing IT and Engineering Services provider globally.
KPIT Cummins is focused on key verticals of Automotive, Manufacturing and Energy and Utilities.
Key industries
Key offerings
The Center for Research in Engineering Sciences and Technology (CREST) is the Research and Development department of KPIT Cummins. It is focused on innovation, technology, and R&D in emerging technologies. The CREST team files patents and publishes research papers in international conferences. CREST has filed 37 global patents so far.[1]
Enterprise IT
- SAP Gold Channel partner India
- SAP Services partner [2]
- Apriso Solution partner for Manufacturing Execution Systems (MES)
- Member of Oracle Partner Network
Automotive
- Partnership with VaST for delivering Virtualization Tools and Services
- Premium membership with Automotive Open System Architecture (AUTOSAR)
- Premium membership with Japan Automotive Software Platform Architecture (JasPar)
- Membership of GENIVI (In-Vehicle Infotainment (IVI) reference platform) [3]
Semiconductor Solutions
- Member of ARM Connected Community
- Founder member of India Semiconductor Association ISA
| Date: | Event: | |
|---|---|---|
| 1990 | KPIT Infosystems incorporated by a group of CPAs | |
| 1994–1998 | Excellence in exports award from Government of India | |
| 1995–1996 | Outstanding achievement award from Oracle | |
| 1997 | Achieved ISO 9001, certified by KPMG | |
| 1999 | IPO: 42 times oversubscribed. Became a public limited company in India | |
| 2002 | Merger of Cummins Infotech into KPIT Infosystems to KPIT Cummins Infosystems Limited | |
| 2004 | ISO 9001:2000 Acquisition of Panex Consulting – USA | |
| 2005 | Lehman Brothers take 8% stake in KPIT Cummins. Integrated all offshore facilities in Pune, India into the state of the art campus at Hinjawadi. Acquisition of SolvCentral.com – USA. Acquisition of Pivolis.com – France. | |
| 2006 | Acquisition of CG Smith, India | |
| 2007 | Achieved corporate mission of being a USD $100 million company by the financial year 2006-2007 Strategic investment by Cargill Ventures, a venture capital arm of Cargill Inc. | |
| 2008 | Acquisition of Mechanical Design Services business of Harita TVS Technologies, India. | |
| 2009 | Acquisition of Sparta Consultin - California, USA based firm leading provider of high end SAP solutions | |
| 2010 | Acquisition of CPG Solutions - Boca Raton, USA based Oracle Applications Consulting Expertise | |
| 2010 | Acquisition of In2Soft GmBH - Berlin, Germany based Vehicle Diagnostics and telematics specialists | |
| 2010 | Acquisition of SYSTIME-Mumbai | |
| 2011 | Diversified Financial Services(under IES) sold to Infrasoft Technologies Ltd. |
1) Cummins Infotech Ltd. (2002) - Merger with Cummins Infotech Limited
Software development arm of Cummins Inc. - the worlds largest producer of diesel engines
2) Panex Consulting Inc. (2003) - Acquisition of Panex Consulting Inc., USA
SAP implementation services in Business Intelligence & Data Warehousing space
3) SolvCentral.com (2005) - Acquisition of SolvCentral.com
A leading Business Intelligence services and products company
4) Pivolis.com (2005) - Acquisition of Pivolis.com, France
Leading outsourcing consultancy
5) CG Smith Software Pvt. Ltd. (2006) - Acquisition of CG Smith Software Pvt. Ltd.
Leading Automotive Electronics Software & Solutions company and a member of AUTOSAR
6) Harita TVS (2008) - Acquisition of Mechanical Design Services Business of Harita TVS Technologies
Engineering Design Services Company catering to Automotive and Construction & Industrial Machinery. [4]
7) Sparta Consulting (2009) - Acquisition of California, USA based firm leading provider of high end SAP solutions.[4]
8) CPG Solutions (2010) - Acquisition of US based firm, a provider of Oracle consulting services to manufacturing and supply chain companies.[5]
9) In2Soft GmBH (2010) - Acquisition of Berlin, German based vehicle diagnostics and telematics specialist In2Soft Gmbh.[6]
10) KPIT Cummins Infosystems sold the Diversified Financial Services business under IES to Infrasoft Technologies Ltd. in July 2011. Along with that 140 employees across different locations working in Diversified Financial Services of KPIT were moved to Infrasoft Technologies Ltd.
| Name | Job Title |
|---|---|
| Ravi Pandit | Chairman and Group CEO |
| Kishor Patil | CEO & Managing Director |
KPIT Cummins gives:
- Scholarships are awarded to female students of the Bhagini Nivedita Pratishthan for computer related training
- Donations of computers to villages surrounding Pune has also helped increase the rural areas awareness of health issues, education, government programs as well as agricultural information
- Runs various in house donation drives on event of calamities.
- Hardware and software support to not-for-profit organizations in the United States of America (USA) Columbus Indiana
- Participates in School kit donation drives run by Social Group Seva Sahyog.
- Connects with local NGO Surajya for various social activities mainly imparting knowledge to needy section of society.
KPIT Cummins participates and hosts:
- Blood donation drives with the help of Jana Kalyan Rakta Pedhi and Deenanath Mangeshkar Hospital on the Hinjawadi premises
- Donation drive for the Nav Maharashtra Community Foundation (Navam), a non-profit organization that supports innovative community projects in rural Maharashtra
- Clothes donation drive where boxes of clothes are collected and donated to volunteer agencies, SOS children villages, orphanages and other institutions
- World Environment Day = annual tree plantation drive
- Children’s Day = toys are collected and donated to various adoption centers and orphanages