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A STUDY ON THE PRESENT INFRASTRUCTURE
& FACILITIES OF STHIRA IT SOLUTIONS PVT LTD(BANGALORE)
INTRODUCTION ABOUT THE SUMMER INTENSHIP PROJECT:
Summer Training is a part in the Post-Graduation Level. To learn about the
functions of the industry through practical experience. During the training programme we
have learnt about the functions of the company and also the practical knowledge about the
company workings.
INTRODUCTION
The description of the mark registered is "Scientific and technological services and research
and design relating thereto, industrial analysis and research services, design and development
of computer hardware and software." It comes under Class 42 Trademark classification.
About the Company Sthira IT Solutions Pvt Ltd is an India-based company. The company is
engaged in software development. Its range of services include ERP readiness/assessment
services, ERP vendor evaluation services, domain specific custom-made consulting services,
etc.
2013 Athena Information Solutions Pvt. Ltd., distributed by Contify Provided by
Syndigate.info an Albawaba.com company
Sthira is a confluence of young minds with a passion to deliver an innovative business
solution to the customers. Our endeavor is to develop and integrate a technology solution
which addresses the core activities of each of the functions without reinventing the wheel !We have successfully designed, developed and implemented complex solutions while taking
the end-user comfort in deploying the same. Thechange-managementexpertise is one of
the key successful attributes in our deployment experience.
Holistic approach, Quality adherence and cost effective solutions have been the building
blocks of our organization. We have elicited ethical and professional relationship with our
clients.
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Registered Off ice:
STHIRA IT SOLUTIONS PRIVATE
LIMITED#30, 17th Main Road,B.S.K. 1st Stage, 2nd Block,Bangalore560 050.
Phone: +91 80 26679697Email:connect@sthiraits.com
MISSION
To provide a simple, stable and scalable business solution to enterprise, with:
o Consultative Approach.
o Reliable Customer Support.
o Best of Technology
Our Values
Put the clients interest ahead of our own
o We deliver more value than expected. It doesnt mean doing whatever the client asks.
Uphold Professionalism
o Maintain absolute integrity and commitment.
Handle client information with top most confidentiality
o We dont reveal sensitive information, and dont promote our own good work. We focus on
making our client successful.
Independence from Software Vendors
o Independence in selection and negotiation of the vendor, ensures mitigating risk and
optimizing business benefits
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Tell the truth as we see it
o We stay independent. We get to real issues, and reach practical recommendations.
Industry Profile:
Information technology (IT)
Information technology (IT) industry in India has played a key role in putting India on the
global map. IT industry in India has been one of the most significant growth contributors for
the Indian economy. 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. The industry has
helped India transform from a rural and agriculture based economy to a knowledge based
economy.Information Technology has made possible information access at gigabit speeds. It
has made tremendous impact on the lives of millions of people who are poor, marginalized
and living in rural and far flung topographies. Internet has made revolutionary changes with
possibilities of e-government measures like e-health, e-education, e-agriculture, etc. Today,
whether its filing Income Tax returns or applying for passports online or railway e-ticketing,
it just need few clicks of the mouse. Indias IT potential is on a steady march towards globalcompetitiveness, improving defense capabilities and meeting up energy and environmental
challenges amongst others.
IT-ITeS sector in India, with the main focus on increasing technology adoption, and
developing new delivery platforms, has aggregated revenues of USD 88.1 billion in FY2011,
while generating direct employment for over 2.5 million people. Out of 88.1 billion, export
revenues (includingHardware) has reached USD 59.4 billion in FY2011 while domestic
revenues (including Hardware) of about USD 28.8 billion.
Government Initiatives:
After the economic reforms of 1991-92, major fiscal incentives provided by the Government
of India and the State Governments, like, liberalization of external trade, elimination of duties
on imports of information technology products, relaxation of controls on both inward and
outward investments and foreign exchange, setting up of Export Oriented Units (EOU),
Software Technology Parks (STP), and Special Economic Zones (SEZ), has enabled India to
flourish and acquire a dominant position in worlds IT scenario.
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In order to alleviate and to promote Indian IT industry, the Government of India had set up a
National Task Force on IT and Software Development to examine the feasibility of
strengthening the industry. Venture capital has been the main source of finance for software
industry around the world.
In line with the international practices, norms for the operations of venture capital funds have
also been liberalized to boost the industry.The Government of India is also actively providing
fiscal incentives and liberalizing norms for FDI and raising capital abroad.
Financial Assistance While the underlying theme of 2010 was that of steady recovery from
recession, thanks to the accelerated recovery in emerging markets, worldwide spending in IT
products and services increased significantly in 2011. In 2011, Indias growth has reflected
new demand for IT goods and services, with a major surge in the use of private and public
cloud and mobile computing on a variety of devices and through a range of new software
applications.High inflow of FDI in the IT sector is expected to continue in coming years. The
inflow of huge volumes of FDI in the IT industry of India has not only boosted the industry
but the entire Indian economy in recent years. Foreign direct investment (FDI) inflow rose by
more than 100 per cent to US$ 4.66 billion in May 2011, up from US$ 2.21 billion a year
ago, according to the latest data released by the Department of Industrial Policy and
Promotion (DIPP). This is the highest monthly inflow in 39 months.
Foreign technology induction is also encouraged both through FDI and through foreign
technology collaboration agreements.
India welcomes investors in Information Technology
sector. Greater transparency in policies and procedures has made India an investor friendly
platform. A foreign company can hold equity in Indian companys upto 100%.
Research & Development:
To support Research & development in the country and promoting Start ups focussed on
technology and innovation, a weighted deduction of 150% of expenditure incurred on in-
house R&D is introduced under the Income Tax Ac. In addition to the existing scheme for
funding various R&D projects have been funded through new scheme like Support
International Patent Protection in Electronics & IT (SIP-EIT), Multiplier Grants Scheme
(MGS). The government has initiated the setting up of an Open Technology Center through
NIC aimed at giving effective direction to the country on Open Technology in the areas of
Open Source Solutions, (OSS), Open Standard, Open Processes, Open Hardware
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specifications and Open Course-ware. This initiative will act as a National Knowledge
facility providing synergy to the overall components of Open Technology globally.
Regulations After the economic reforms of 1991-92, liberalization of external trade,
elimination of duties on imports of information technology products, relaxation of controls on
both inward and outward investments and foreign exchange and the fiscal measures taken by
the Government of India and the individual State Governments specifically for IT and ITES
have been major contributory factors for the sector to flourish in India and for the country to
be able to acquire a dominant position in offshore services in the world. The major fiscal
incentives provided by the Government of India have been for the Export Oriented Units
(EOU), Software Technology Parks (STP), and Special Economic Zones (SEZ).
Challenges Cyber security and quality management are few key areas of concern in todays
information age. To overcome such concerns in todays global IT scenario, an increasing
number of IT-BPO companies in India have gradually started to emphasize on quality to
adopt global standards such as ISO 9001 (for Quality Management) and ISO 27000 (for
Information Security). Today, centers based in India account for the largest number of quality
certifications achieved by any single country.India aims to transform India into a truly
developed and empowered society by 2020. However, to achieve this growth, the sector has
to continue to re-invent itself and strive for that extra mile, through new business models,
global delivery, partnerships and transformation. A collaborative effort from all stakeholders
will be needed to ensure future growth of Indias IT-ITeS sector. We will need to rise up to
the new challenges and put in dedicated efforts toward providing more and more of end-to-
end solutions to the clients to keep the momentum going.India is now one of the biggest IT
capitals in the modern world and has presence of all the major players in the world IT sector
. HCL, Wipro, Infosys and TCS are few of the household names of IT companies in India.
Future prospects
Globalization has had a profound impact in shaping the Indian Information Technology
industry. Over the years, verticals like manufacturing, telecom, insurance, banking, finance
and lately the retail, have been the growth drivers for this sector. But it is very fast getting
clear that the future growth of IT and IT enabled services will be fuelled by the verticals of
climate change, mobile applications,healthcare, energy efficiency and sustainable energy.
. By 2015, IT sector is expected to generate revenues of USD 130 billion (NASSCOM) which
will create a transformational impact on the overall economy. IT spending is expected to
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significantly increase in verticals like automotive and healthcare while the government, with
its focus on e-governance, will continue to be a major spender.
COMPANY PROFILE
Sthiras team consists of highly experienced professionals & Industry experts working on
each project with focus and dedication delivers perfect solution and committed results within
timeline.
Sthira also believes in collaborative expertise and have strategically tied up with many
Professionals, Companies in the various domainsStatutory; Legal; Technology.
Vishwas Sharma (Director)
Vishwas is the founder and Director of Sthira. He has an experience of over 15 years in the
field of Finance. He has worked in several organizations prior to setting up the Sthira IT
Solution. His understanding of Statutory and its compliances is highly acknowledged.
He has an exclusive experience in the field of ERP Implementation, has done full life cycle
implementations for various industries like IT Services, Manufacturing & Central Govt.
Institutions. From the Customer Need, Project initiation, Planning, Implementation with time-
lines and Training are his key strengths. He brings with him rich experience of strong domainknowledgeespecially in the Finance and its related sub-processes and very importantly ably
manages the techno-functional teams very effectively.
At Sthira he is responsible for the entire business line and its success.
Sesharaj G (Director)
He has an overall experience of more than 20 years in the field of Information Technology,
Business Process Development and Application implementation and deployment.
He brings with him an experience of implementing of full IT based solutions in a multi-
location, multi-product environment. He has experience in conceptualizing, designing and
implementing ERP solutions especially to Service industry with a background of
understanding of Computer Science. He has integrated the available technology, business
applications with customer needs in designing MIS systems for large organizations.
At Sthira he is responsible for technology innovations, business development and customer
satisfaction.
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BUSINESS CONSULTING
Today, the Consulting word is used for everything and anything. People start coding the
moment they hear the word ConsultingIt can go as primitive as Temporary Staffing,
Marketing Consulting, Share Market etc The most trusted definition as per Wikipedia, the
Consulting is providing advice in a particular area of expertise. This is not same as the
customer service.
Demonstrate profound analytical capabilitiesThe solution we propose is based on a
rigorous analysis, and is adapted to the dynamics of the clients organization.
Hence, with our teams collaborative expertise put together of more than 3 decades, we help
the customer to redefine / calibrate their business functions and processes backed up with a
technology platform to manage the same. We work hard with our customers to get the most
unarticulated thoughts and set the expectations clearly. We have worked in many Industry
verticals, Manufacturing, Trading, Autonomous / Government Funded Educational
Institutions, FMCG, ITES, BPO etc
Sthira provides organizationalchange managementassistance, technology implementation oroperational improvement services. We bring our expertise of proven methodologies /
frameworks to guide the identification of problems, and recommend effective ways of
performing business tasks.
As part of our consulting process, we also enable the Organizations in selecting the
Enterprise Application ProcessIt is proved in the Industry there is no product which suits
all and there is no one product which addresses all the processes! Using a proven model of
selection process, Sthira helps clients find the right software that best fits their budget, time-
frame, industry, technological infrastructure and operational needs.
Our engagement levels are with high intensity, with a deep-dive approach. We take few
assignments which justify our partnership.
We have strong understanding of the SME segment and our consulting approach here will
start with a strategic approach with an action plan to choose between the best possible
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options. We ensure to get an effective solution in terms of its domain functionality,
scalability, commercial outlay and a clear focus on its return on investment.
In summary, our key services under Business Consulting are as follows:
o ERP Readiness / Assessment Services
o ERP Vendor Evaluation Services
o ERP Implementation / Project Management (*)
o Benefit Realization - What the project intends to deliver to the customer/stakeholder upon
completion
o On-Site ERP Training
o Domain specific Custom-made Consulting Services (#)
(*) Here Change-Management is part of our deliverablesRefer for details in the change-
management section
(#) With our in-depth understanding in various domains such as Finance, HR & Payroll, Sales
& Marketing, CRM, Supply Chain and Manufacturing processes, we can also offer
consulting services in these domains with a custom-made service depending on the need andits priority in the organization. We follow a diagnostic study process to identify the core
issues / problem statement before recommending our services.
NICHE SOFTWARE APPLICATIONSFocused to key business
functions
Sthira have developed niche software applications to manage some of the key businessfunctions which are predominantly used in the Central Govt. and State Govt owned
Educational institutions and its subsidiaries. These tools are extremely easy to implement as
well its usage. The objectives of these applications are to address the need, compliances with
a considered investment.
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Integration with other ERP or main applications is also provisioned.
The relevant training to end-user is a given process and as a team we continuously work on
the product for its enhancementboth from functional perspective as well from technology
innovations and User Interfaces.
IMPORTANCE
All Organizations which operate on Grants (Restricted, Specific or General)
Education Institutions of Dept of Higher Education Research Intuitions Non-Government / Non-Profit OrganizationsNGOs / NPOs Private Trusts handling multiple fund / grants Turn Key Projects Autonomous Organizations - Science & Technology, Health & Family Welfare,
Animal Husbandry, Fisheries, Agricultural Sciences etc
TURNKEY PROJECTS
As the name suggests we become a one-stop-shop for the entire solutionIt initiates from
our Consulting engagement and gets into nuances of the business; identifies the relevant
technologyapplication and its hardware requirements; entire project deployment with a
clear hand-hold process till it goes live. The vendor selection process is also included in this
offering.
We extend the post-implementation support for effective deployment.
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DATE OF ESTABLISHMENT:
The sthira IT solutions was initially started Nov. 1, 2010 by Vishwas Sharma
and Sesharaj G.
Sthira IT Solutions Pvt Ltd is using the trademark STHIRA IT SOLUTIONS PVT LTD
SIMPLE. STABLE. SCALABLE (2350138) since Nov. 1, 2010.
Application for the trademark was filed on June 19, 2012.
The Trademark was published in Journal No. 1594 on June 24, 2013.
TYPE OF ORGANISATION
STHIRA IT solutions is a private company having its registered office at Bangalore.
OPERATION MANAGEMENT
SFACTS - STHIRAsFUND BASED ACCOUNTING &MANAGEMENT SOLUTION
SFACTS - STHIRAs FUND BASED ACCOUNTING & MANAGEMENT
SOLUTION
SFACTS - Fund Accounting software is a nonprofit (like Govt Funded Institutions, Public
Sector undertakings, NGOs etc.,) financial management solution used to plan and manage
budgets, maximize grants, Inventory, Fixed Assets, Balance Sheet, Income & Expenditure
and Utilization Certificate etc., and delivers accurate customized reports.
Built on fund based accounting concepts, this product addresses the specific nonprofit
financial management needs of organizations that need to track and report on multiple funds
across multiple budget periods and demonstrate accountability.
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COMPETITORS OF THE COMPANY
1. Ramco IT servises2. Microsoft dynamics3. SAP
MARKETING STRATEGIES
OUR METHODOLOGY
We perform each task and assignment successfully by:
o Adopting holistic approach for the problem/situation
o Bringing in-depth industry knowledge
o Offering cost effective solutions
o Delivering the committed results within stipulated time frame
o Extending relentless support to our clients
We share a structured problem-solving approach, where all opinions and options are
considered and analyzed carefully before recommendations are made.
Change Management
Change-ManagementTHE differentiator:
One of our key focuses and our DNA in implementing the solution is Change management
Simply put, widespread organizational change management is critical to any systemimplementation successand the changes it necessitatesaffects every aspect of an
organization. And since people tend to fear change, managing this change process is the most
important success criterion.
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In our experience, the following are the key issues that we touch base during the process of
Change Management, which are:
o Context Setting:
o Share the Overview of the Project to all stakeholders
o How it benefits their day-to-day operations
o How it helps in shaping the individual careers
o Train and Retrain:
o Today these trainings are more of a mandatory process The training in our view should
give the end-user clarity of its usage; its benefits and perhaps the preparations to do any
transactions.
o The objective is to remove the stated / unarticulated anxieties and avoiding resentment due
to change in the system and processes.
o To help focus, individual and team, activities to align to the business objective of the
organization
o Getting Commitment from Management:
o The C Level involvement in itstrue sense is an important step to accept this change by
the employees.
o Our focus is to get their buy-in from the day-one and ensuring the change happens at the
Top before it percolate down.
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SALES AND DISTRIBUTION STRUCTURE
LEVEL OF COMPUTERIZATION
The sthira it solutions has maximum level of computerization.
TYPES OF INFORMATION SYSTEMBasically an Information System handles the flow and maintenance of information that
supports a business or some other operation. It contains information about significant people,
places and things within the organization or in the environment surrounding it. Information
is derived from meaningful interpretation of data. Dataconsists of the raw facts representing
events occurring in the organization before they are organized into an understandable and
useful form for humans.
An I nf ormation Systemcan be defined technically as a set of interrelated components that
collect (or retrieve), process, store and distribute information to support decision making and
control in an organization.
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ANNUAL TURNOVER
The sthira it solutions is a startup company which has annual turnover of Rs.40,00,000 in the
year 2011 and Rs.80,00,000 in the year 2012.
The company pays the tax rate of 12.5%.
The annual growth rate percentage is 3.5% and profit after tax percentage is 2% .
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Balance sheet
(Rs lakhs)
Mar ' 13 Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09
Sources of funds
Owner's fundEquity share capital 30.30 30.30 15.15 15.15 15.15
Share application money - - - - -
Preference share capital - - - - -
Reserves & surplus 802.46 666.12 581.96 461.44 367.36
Loan funds
Secured loans - - - - -
Unsecured loans - - - - 34.49
Total 832.76 696.42 597.11 476.59 417.01
Uses of funds
Fixed assets
Gross block 400.17 351.89 170.99 169.26 159.82
Less : revaluation reserve - - - - -
Less : accumulated depreciation 114.22 94.53 75.72 76.26 77.76
Net block 285.95 257.36 95.27 93.00 82.06
Capital work-in-progress 83.31 33.39 107.55 27.25 14.87
Investments 93.52 159.76 234.35 203.50 128.06
Net current assets
Current assets, loans & advances 734.04 642.21 475.34 611.22 663.40
Less : current liabilities & provisions 364.05 396.29 315.40 458.38 471.38
Total net current assets 369.99 245.92 159.94 152.84 192.02
Miscellaneous expenses not written - - - - -
Total 832.76 696.42 597.11 476.59 417.01
Notes:
Book value of unquoted investments 93.52 159.76 234.35 203.50 128.06
Market value of quoted investments - - - - -
Contingent liabilities 175.16 233.88 138.59 131.45 37.83
Number of equity sharesoutstanding (Lacs) 303.00 303.00 151.50 151.50 151.50
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COSTING METHOD
Process costing is an accounting methodology that traces and accumulatesdirect costs,
and allocatesindirect costsof a manufacturing process. Costs are assigned to products,
usually in a large batch, which might include an entire month's production. Eventually, costs
have to be allocated to individual units of product. It assigns average costs to each unit, and is
the opposite extreme ofJob costingwhich attempts to measure individual costs of production
of each unit. Process costing is usually a significant chapter. it is a method of assigning costs
to units of production in companies producing large quantities of homogeneous products.
PRICING METHOD
Customer-based pricing, also known as value-based pricing, is a system where the price
is based on the customer demand or need for the product. If the product is unique or
innovative, a value-based price may help create a demand for the product or service.
use price to support product image set price to increase product sales design a price range to attract many consumer groups set price to increase volume sales price a bundle of products to reduce inventory or to excite customers
Disadvantages of customer-based pricing
Before you implement a customer-based pricing method, note the following disadvantages. If
you are too focused on the customer, you may:
ignore production costs forget about the competition
CUSTOMERS
Nimhans (Bangalore). University of Hyderabad. IISC Bangalore. Gears and phenaions IT company. All financial Government Institutions.
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ORGANIZATION STRUCTURE
.
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AVERAGE AGE OF EMPLOYEES
Sthira IT solutions has a qualified and experienced managerial and technical personnel
with total staff strength of 30 permanent employees as on 2010 of which an Technical head,
an Lead analyst, an Finance manager, an Human resource manager, an Marketing manager, 5
Associate software developers, 5 Senior software Engineers, 5 Software developers, 4
Trainees 4 Tester and 2 Workers.
The average age of employees are about 25-35, Who have completed their post graduation
and Bachelor of engineering and have their experience about 2-3 years.
TRAINING FOR EMPLOYEES
Training meas importing Skills and knowledge .Development means the result
which we are getting from training. There are 2 types training are
On job training Off job training
TRAINING GIVEN FOR MANAGEMENT PEOPLE
Total Productive Maintenance Production Planning And Controls
TRAINING GIVEN FOR EXECUTIVES
Stress Management Total Quality Management
TRAINING GIVEN FOR STAFFS Team Building
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Waste Minimization
TRAINING GIVEN FOR WORKERS
First Aid Work Process
TRAINING PROCEDURES
Feedback Procedures Training Register Training Record Performance Appraisal Merit Rate Form
The training budget of the company is Rs.50,000 per year.
HR POLICY
Small business owners should make sure that they address the following basic human
resource issues when putting together their personnel policies:
Equal Employment Opportunity policies Employee classifications Workdays, paydays, and pay advances Overtime compensation Meal periods and break periods
Payroll deductions Vacation policies Holidays Sick days and personal leave (for bereavement, jury duty, voting, etc.) Performance evaluations and salary increases Performance improvement Termination policies
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TYPES OF DEPARTMENT IN THE COMPANY
Finance department Marketing department Personnal department
FINANCE DEPARTMENT
Finance is much more important to run a company. So, finance is the life blood of the
company and its business. Financial management is concerned with planning, directing and
controlling of all activities relating to the procurement and utilization of the financial
resources. In this concern, accounts department is headed by Client manager (accounts) under
the direct control of Senior General Manager. The major activities are record keeping,
borrowings, budgeting, management of funds, reporting etc. The accounts department is
equipped with computerized system to ensure the management in prompt decision making.
PERSONNEL DEPARTMENT
Personnel department is wholly concerned with the people for work and people at
work. The personnel department of Burn Std co ltd does the provided work of governing the
human aspects of the company. The company has a professional and benevolent outlooktowards its energetic well-disciplined employees key positions coupled with qualified and
experienced hands .The personnel department performs important functions such as
requirement, training wages and bonus settlement, provision of welfare, safety and social
security measures etc.
MARKETING DEPARTMENT
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The marketing department of this company is functioning under the head of manager (sale).
The objectives of the marketing department are supplying product and services to the
maximum satisfaction of the buyers. Mostly the product produced by the organization are
sold only in direct sales, no dealers, retailers, whole sale for distributing the goods of the
company.
The marketing activities of the company are:
Market only high quality products Follow latest system and methods to maintain consistent quality Keep unfailing delivery schedule Provide complete range of support services.
BUSINESS AWARDS
1. Letter of appreciation from Nimhans.2. Letter of appreciation from IISC.
QUALITY CERTIFICATION
Incentive Scheme of Reimbursement of Acquiring Quality Management System
(QMS) ISO 9000/ Environment Management System (EMS) ISO-14001 Certification
.
QUALITY POLICY OF THE COMPANY
Sthira IT solutions (Bangalore) is committed to win customer confidence by prompt supply
of quality through
Continuous system improvements and process monitoring Proper technology and personnel development.
THE IMPACT OF GLOBALISATION ON BUSINESS
Increased competition - this is caused by more foreign investment flowing tocountries, de-regulation which allows businesses to enter markets from which theyonce precluded.
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Greater awareness and reactions to customer needs - the consumer is now veryselective on such essentials as quality, service and price.
Economies of scale - by selling across many continents business can acquireeconomies of large-scale production. This makes them very competitive.
Location flexibility - many modern production techniques and service provisions canbe allocated almost anywhere. This allows to them gain the advantages of low cost
labour and other resource charges.
Increased mergers and joint ventures - allowing access to bigger markets andassociated cost advantages.
RECRUITMENT METHOD
Selecting the best workforce from the labor market by using the recruitment options
likewise they had following 3 types of sources.
EMPLOYMENT EXCHANGE (Government) ADVERTISEMENT ( Notification) DEPUTATION(Internal Sources)
A general recruitment process is as follows:
Identifying the vacancy:
The recruitment process begins with the human resource department receiving
requisitions for recruitment from any department of the company. These contain:
Posts to be filled
Number of persons
Duties to beperformed
Qualifications required
Preparing the job description and person specification. Locating and developing the sources of required number and type of employees
(Advertising etc).
Short-listing and identifying the prospective employee with required characteristics.
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Arranging the interviews with the selected candidates. Conducting the interview and decision making
Recruitment Process
The recruitment and selection is the major function of the human resource
departmenmt and recruitment process is the first step towards creating the competitive
strength and the strategic advantage for the organisations.Recruitment process
involves a systematic procedure from sourcing the candidates to arranging and
conducting the interviews and requires many resources and time.
SWOT ANALYSIS
STRENGTHS
* They managed to grow from $150 million to $400 million in revenues. This is a tougher
milestone than the $1 billion one
* They are very focused on creating a culture and processes, which have become
differentiators for the company today
WEAKNESSES
* Not doing well enough when it comes to innovation beyond process IP
OPPORTUNITIES
* Should get into more service lines and big-ticket deals, R&D and engineering services
play and should increase their geographical reach
THREATS
* Global majors are becoming quite big
* They should not ignore or underestimate the creativeness and capabilities of MNC
competitors
Technology Partners International
STRENGTHS
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24/25
Excellent project and services execution
Excellent internal processes
WEAKNESSES
* Reliance on less experienced talent pool for lower costs and therefore better financial
results. This precludes certain types of work
* Over reliance on India as delivery geography, has not diversified delivery capability to
other offshore locations
OPPORTUNITY
* Extend delivery and process strengths to other global locations apart from India
* Massive demand for additional work in all areas of services spectrum with many
existing contracts now coming up for renewal - approx $100 billion in next few years.
Infosys can get a chunk of this if they are willing to take on additional delivery risk and
become a true global player
THREATS
* Extremely high expectations from their investor community for growth and
profitability. Will be difficult to manage this as competition begins to undercut their
pricing
* MNCs have come of age in India and other offshore destinations. They can and do
compete with Infosys from a level playing field.
7/30/2019 STHIRA SOLNS PVT LTD ,BANGALORE
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