Infotech Enterprises

Infotech Enterprises

Traded as	BSE: 532175 NSE: INFOTECENT
Industry	Aerospace,Automotive Consumer, Energy Transportation, Telecom Utilities, Medical Device
Founder(s)	B.V.R. Mohan Reddy
Headquarters	Hyderabad, Andhra Pradesh, India
Area served	Worldwide
Revenue	US$ 345 million (FY 13) [1]
Employees	11,000+ (2013)
Website	www.infotech-enterprises.com

Infotech enterprises Limited is a global engineering services and solutions company. It has 11,000+ employees across 38 global locations as of November 2013. Infotech Enterprises is among the top 100 outsourcing companies in the world.^[2]

History

Back in 1991, Infotech Enterprises started its operations as a private limited to provide engineering service to global markets. It encountered a strong resistance to the very concept of engineering outsourcing,but found immediate opportunity in GIS arena.^[3] In March 1997 company became public with its own initial public offering (IPO). The following year it signed a breakthrough contract to provide GIS conversion, consulting mapping services worth US $ 5.5 million to US based Analytical Surveys Inc. Within a year company acquired Cartographic Sciences from Analytical Surveys Inc. In June 1999 the company acquired Data view Solutions Limited,an UK based GIS Software Company. The company continued to pursue engineering services and finally got a major breakthrough with a leading aircraft engine manufacturer in the year 2000 for engineering services.

On 15 January 2010, Daxcon was acquired by Infotech Enterprises America Inc, a wholly owned subsidiary of Infotech Enterprises Limited,India.

Global Presence

Australia, Canada, France, Germany, India, Japan, Malaysia, Netherlands, New Zealand, Norway, Singapore, South Korea, Sweden, Switzerland, UAE, UK, USA

Group Companies

Infotech Enterprises America Inc.
Infotech Enterprises Europe Ltd.
Infotech Enterprises GmbH.
Infotech Enterprises Japan KK.
Infotech Enterprises Information Technology Services Private Limited.
Infotech Geospatial (India) Ltd.
TTM Institute of Information Technology Private Limited

• Consumer
• Commercial Geospatial services
• Energy
• Heavy Equipment
• Marine
• Medical Devices
• Mining
• Oil & Gas
• Transportation
• HiTech
• Telecom
• Utilities

Milestones

1995 - The company receives its first ISO 9002 certification from BVQi London for its conversion services.
1997 - Becomes a public limited company, IPO of equity shares at Rs.20/- per share and listed in all major stock exchanges in India.
2000 - Infotech announces the acquisition of a German company, Advanced Graphics Software GmbH (AGS), a mechanical engineering software and services company specializing in 3D CAD/CAM.
2002 - Infotech announces strategic business relationship with Pratt & Whitney division of United Technologies Corporation, a Fortune 100 company. Pratt & Whitney to participate with up to ~18% equity stake in Infotech, demonstrating long-term partnering intent and endorsing Infotech's business competence..
2005 - Infotech acquires Tele Atlas India Pvt. Ltd. Tele Atlas parent company joins as a strategic partner with preferential allotment of shares.^[4]
2008 - Mr. B.V.R. Mohan Reddy is elected Chairman, Confederation of Indian Industry(CII) Southern Region.
2010 - Supplier of the Year from The Boeing Company^[5]
2011 - B.V.R Mohan Reddy receives the ASME Leadership Award ^[6]
2012 - Awarded the Indo-American Corporate Excellence Award for Best Indian Company operating in US under the Technology & Communications Category
2013 - Supplier of the Year from The Boeing Company for the second time ^[7]

CSR

Infotech believes in giving back to society in some measure that is proportionate to its success in business. Our policy for Corporate Social Responsibility (CSR) is designed to balance the needs of all stakeholders. Infotech's CSR initiative goes well beyond charity and is based on the idea that a responsible company should take into account its impact on the society along with its obligations to stakeholders.

Infotech carries out a wide range of CSR activities through Infotech Enterprises Charitable Trust (IECT). Recently, our main activities have been focused on the improvement and expansion of primary education programs in India for underprivileged children. An IECT project - "Adopt A School" -- has included financial support, infrastructure improvements in schools and volunteer work by Infotech employees.

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