niit technologies
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niit technologies ltd said it has agreed to acquire a 51% stake in incessant technologies for an undisclosed sum .
incessant technologies pvt. ltd, a subsidiary of software services provider niit ...
a survey conducted by market researcher pac and sponsored by niit technologies reveals how the ...
niit technologies, with extensive industry skills and knowledge, helps you validate your sabre ...
from today we will start consolidating revenue of proyecta with niit technologies ,
thakur added .
niit is a good company for work. somany things teach in work with niit .
niit technologies on tuesday announced acquiring 51 per cent stake in hyderabad - based incessant technologies for $ 17 million (about rs. 107. 8 crore) .
niit technologies q4 profit jumps 17% to rs 97. 3 cr; q4 order inflow at $ 145 mn
it company niit technologies today acquired spainish software services firm proyecta sistemas de informacion sa for for $ 7 million .
niit technologies' europe, middle east and africa (emea) operations contribute 35% to its global revenues .
niit technologies is a leading it solutions organization, servicing customers in north america, europe, asia and australia .
shares of niit technologies rose 12. 2% to rs401. 80 on bse. photo: pradeep gaur / mint
niit technologies is a leading global it solutions organization - servicing customers across the americas, europe, asia and australia .
the acquisition enables niit technologies to enhance its european footprint with proyecta' s experience in travel and financial services segments .
according to our data here at mergr, niit technologies has acquired 3 companies, including 1 in the last 5 years .
niit technologies’ largest acquisition to date was in 2006, when it acquired room solutions for $ 53m. niit technologies has acquired in 3 countries. the company’s most targeted sectors include information technology (67 %) and software (34 %) .
mid - sized it services firm niit technologies ltd has signed a definitive agreement to acquire 51 per cent stake in business process management (bpm) services company incessant technologies pvt ltd, it said on tuesday .
shares of niit technologies closed today at rs 196. 25, up by 2. 53% from previous close on the bse today .
niit technologies revised details of the postal ballot and e - voting pursuant to regulation 44 (3) of sebi (listing obligations and disclosu ...
mr. thakur added that going forward the company would be focusing on digital space. digital business currently contributes about nine per cent of niit technologies’ revenues .
artificial intelligence (ai) technologies have rewritten how businesses are run in the digital ...
we will end up paying 70% of the revenue [ for acquisition ] which is $ 7 million ,
arvind thakur, ceo, niit technologies, said .
at niit technologies, we provide focused offerings, such as application development and maintenance, application managed services, digital services, infrastructure management services, mobility, and testing services .
niit technologies ltd. , incorporated in the year 1992, is a mid cap company (having a market cap of rs 6782. 30 crore) operating in information technology sector .
shares of niit technologies were trading at rs 380. 35 each, down 5. 34 per cent on bse in a weak mumbai market on wednesday at 11. 47 am .
new delhi: mid sized information technology (it) firm niit technologies ltd has announced a joint venture with morris communications, us - based media conglomerate, marking its entry into the media vertical. named niit media technologies incorporated, the joint venture, in which niit will have 60% stake, will provide integrated it and business process outsourcing (bpo) services the group companies of morris and is also targetting to service other media companies .
niit tech closes above 30 - day, 50 - day moving average today .
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niit tech closes above 30 - day moving average of 1072. 42 today .
niit tech closes above 30 - day moving average of 893. 29 today .
niit tech closes above 30 - day moving average of 888. 43 today .
niit tech closes above 30 - day moving average of 883. 39 today .
niit tech closes above 30 - day moving average of 878. 54 today .
niit tech closes above 30 - day moving average of 871. 14 today .
niit have struggled to take advantage of the ip they purchased when buying room .
niit said the entity is expected to be margin and eps accretive in fy16 .
wealth management has been one of the industries slowest to adopt smart technologies. yet, as ...
“incessant provides us with the capability to be a significant player in the digital integration space with digitisation and automation of business processes for seamless customer experience, ” niit technologies coo sudhir chaturvedi said .
niit technologies intelligent automation framework, in partnership with a leading european robotic technology firm (uipath) provides robotic process automation (rpa) services, including development and deployment through a robust rpa delivery methodology .
“incessant provides us with the capability to be a significant player in the digital integration space with digitisation and automation of business processes for seamless customer experience, ” said sudhir chaturvedi, coo, niit technologies .
in some sectors, niit technologies has developed ip assets to offer platform - based services, and where it does not have them, it has elected to partner with the owners of those ip assets .
we have an ecosystem of partners that enables us to develop new capabilities and allows us to invest in our customers to support their change - and - run organizations. niit technologies’ partner ecosystem includes the likes of appdynamics, dynatrace, aws, azure, ca technologies, micro focus - suse, vistara - it, and bmc remedy .
join mergr and gain access to niit technologies’ m & a; summary, the m & a; summaries of companies just like it, as well as recent m & a; activity in the information technology sector .
niit tech q4 pat seen up 8% qoq to rs 81. 8 cr: motilal oswal
niit ltd said on tuesday it has acquired bengaluru - based ed - tech startup ...
management is 40 years back and they don' t care about current technologies and frameworks. they mean business and money only .
at niit technologies, we have built our reputation for delivering excellence to some of the world’s leading airlines, airports, travel distribution, and surface transportation companies with strategic it initiatives, which impact both their top and bottom line .
niit technologies is a global it solutions organization addressing the requirements of clients across the americas, europe, asia, and australia. niit technologies services clients in travel and transportation, banking and financial services, insurance, manufacturing, and media verticals, offering a range of services, including application development and maintenance, infrastructure management, and business process management. focused on digital services, the company is helping businesses design agile, scalable, and digital operating models .
niit technologies can help banks and financial service firms adopt this new digital operating model, along with its services, solutions, and alliances. with the right blend of industry and technology expertise, we help your business transform faster while remaining profitable .
niit technologies had bagged this rs 229 - crore project last year. under the seven - year project, network connectivity has been extended up to bsf’s battalion level and it has also set up a data centre and disaster recovery centres in different seismic zones .
differentiated on the strength of its industry expertise, niit technologies services clients in travel and transportation, banking and financial services, insurance, manufacturing and media verticals, offering a range of services including application development and maintenance, infrastructure management, and business process management .
incessant reported a revenue of $ 13. 9 million in fy14, and is estimated to report a revenue of $ 17 million for fy15. “the entity is expected to be margin - and eps - accretive in fy16 for niit technologies, ” the firm said .
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niit technologies might not come across as an exciting company in the indian software industry today, an emerging star like a young cognizant or a mindtree. yet, its evolution in just the last three years could make it an example of how a software company successfully adapts with changing times .
the centre will be in augusta, georgia in the us and will mark niit fourth centre in the us. thakur also said since it is “low - cost centre”, it could be used for servicing niit’s other customers as well, if need be .
industry leading processgym sm, which is niit technologies’ consultative approach, designed to identify and eliminate waste, achieve optimum service delivery, and provide best - in - class service. it facilitates creation of a framework that helps reduce costs and defects, improve productivity, and reduce time - to - market .
for example, niit technologies has deployed cargo - handling systems across some major airports in the asia pacific region (beijing, taiwan and hong kong), in partnership with singapore airport terminal services (sats). in partnership with sats, it is now taking these solutions to other markets as well. niit tech in july, 2011, had signed an $ 85 - million partnership agreement with georgia - based morris communications. under the terms of the agreement, the media company transferred its key assets including it infrastructure, people and applications landscape to niit technologies. this jv with morris started realising revenues from september 2011 and has contributed about rs 243 million to the revenues in q3fy12. during q4, the jv realised revenues of rs 245 million .
niit technologies is a leading it solutions organization, servicing customers in north america, europe, asia and australia. it offers services in application development and maintenance, enterprise solutions including managed services and business process outsourcing to enterprise in the financial services, travel & transportation, manufacturing / distribution, and government sectors. our domain strengths, new approaches to customer experience management robust outsourcing capabilities, and dual - shore delivery model, have made it a preferred it partner to over 220 clients across 16 countries in these select verticals. with a talent pool of about 8000 professionals, niit technologies follows global standards of software development processes .
niit technologies is a full - spectrum integrated business process services (bps) provider. we have adopted a customer - centric approach to bps. whether it is a unified solution - process excellence or an integrated it - bpo solution, niit technologies has developed a business model that delivers a strong and strategic partnership. our integrated service framework helps us re - engineer processes, resulting in cost rationalization, productivity enhancement, and service quality improvement for our clients in focus verticals such as travel and transportation, banking, financial services and insurance, and media from our delivery centers located in the americas, india, and the philippines .
at niit technologies, we challenge the way it infrastructure is built, operated and managed. we are at the heart of 80 + smart enterprises which are transitioning to the new age. we have built a strong service culture for personalized services which help us go beyond meeting high service levels to deliver empathetic experiences .
competitive business dynamics and the imperative to deliver connected experiences, have fuelled the need for industry players to transform and increase customer intimacy, employee productivity, and operational efficiency. niit technologies, with over two decades of experience and deep domain expertise can help enterprises leverage technology to deal with industry challenges in differentiated and cost - effective ways .
niit technologies, a leading global it solutions organisation offers application development and maintenance services, infrastructure management services, ip asset or platform solutions and business process management to organisations in the financial services, travel and transportation, manufacturing / distribution and government sectors. it serves the customers in the us, europe, middle east, asia and australia .
“this acquisition is a strategic move for us to grow in the digital space. incessant is valued at about $ 17 million and we will would be investing the same amount for 51 per cent stake, ” he said, adding that niit technologies will gradually go on to acquire the remaining stake in the company over a period of time .
i was working at niit as faculty in ict project. i was working from 16july 2011 to 30nov 2013. my exprearnce was good .
niit technologies ltd. key products / revenue segments include sale of services which contributed rs 1587. 50 crore to sales value (99. 52% of total sales) and software & others which contributed rs 7. 60 crore to sales value (0. 47% of total sales) for the year ending 31 - mar - 2017 .
“one of the key elements has been to transform itself from a generic service provider to a specialised domain - focused player, ” says vishal jajoo, senior research analyst from nirmal bang. niit technologies began to focus on select verticals such as travel, insurance, banking and financial services and started acquiring intellectual property (ip) assets and niche capabilities in those verticals. “we believed in being the best (in select verticals), and being big enough in contrast to being the biggest and good enough ,
said arvind thakur, ceo niit technologies. the travel, as well as insurance and financial services verticals have been contributing 90 per cent of the company’s incremental growth in the past few quarters .
srishti anand of brokerage firm angel broking said that it is “good to diversify” for niit which is too concentrated on travel vertical. “the media sector has started spending significantly on it as companies are looking at digital consumer behaviour, online portals and digitisation etc. ” she added that companies such as hcl technologies which have been focussing on the vertical have been doing very well .
now, the company says the focus on growth, especially the inorganic kind, will be ratcheted up a few notches. with an executable order book of $ 243 million, mid - cap it firm niit technologies is now setting its eyes on larger deals. the company has formed a team called the' elephant hunters', who would be identifying and pursuing significant transformational opportunities .
as part of its strategy to invest in future growth, niit technologies increased its spend on sales and marketing considerably in the last three years. it spends 1. 5 per cent of its revenues on sales and marketing, which is much higher than its other mid - cap peers. while the headcount pyramid remained flat, the company increased its international sales team by 20 per cent last year .
explaining the rationale behind the move, arvind thakur, ceo of niit said for the company the partnership means an entry into the “emerging” media sector, in which niit is currently not present. ”the domain know - how of the media sector is coming completely from morris, which will help us tap into other companies as well, ” he said .
niit tech block deal on nse, qty: 58, 307, deal price: 987. 70, value (cr): 5. 76, time: 10: 54am
entering new territories the diversification into newer geographies has also helped. in 2008 - 09, the company used to get 50 per cent revenues from europe, west asia and africa (emea). now, niit tech has a balanced mix. it gets 37 per cent revenues from the us, 37 per cent from emea, 13 per cent from asia pacific and rest from other geographies including india. as arvind mehrotra, president asia pacific, niit technologies puts it, “the way we approach an acquisition has changed. we are looking at acquisitions to give us entry into newer geographies or areas of operations. ”
does this mean they can’t aspire towards the big leagues? “whether niit technologies can catapult itself into the billion - dollar bracket would largely depend on its capabilities to develop expertise in the upcoming areas such as cloud, mobility and business analytics. the last phase of growth came from increase in the $ 25 - 100 million deals but the next phase of growth would be driven by expertise in these specific areas ,
added the analyst .
niit technologies adheres to major global benchmarks and standards, having secured the iso 9001: 2000 certifications and the iso: 27001 information security management accreditation and follows global standards of development. it has been assessed at level 5 of sei cmmi version 1. 2. our business process outsourcing arm conforms to the highest quality standards such as copc and six sigma. its data center operations are assessed at the international iso 20000 it management standards .
niit tech block deal on nse, qty: 50, 150, deal price: 1, 101. 20, value (cr): 5. 52, time: 09: 22am
so, what does the future hold for niit technologies? “the new deal additions and acquisitions may stress the balance sheet of the company. it has a cash reserve of $ 40 million and an order book of $ 243 million. its increased focus on government deals is good, but government deals usually locks in a lot of cash, which is a concern ,
said a senior research analyst with a mumbai - based brokerage firm .
steve k. stone, senior vp and cfo of newspapers and shared services at morris communications said in a statement issued by niit that the partnership will significantly reduce the company’s costs of operations and services. morris’ group companies were earlier being serviced out of in - house firm in the us and post the partnership, the work can be outsourced to niit’s operations in india, which will make it cost effective .
to start with the partnership will result in a revenue of $ 85 million for niit over a period of five years from servicing morris companies. the venture will entail a total investment of $ 3. 2 million out of which niit will invest around $ 2 million through cash infusion while morris’ contribution will be through transfer of its exiting assets – it infrastructure, people and application landscape — to the new entity .
insurers face multiple challenges today—new regulations, a millennial customer base, and the speed - to - market of innovative solutions, all creating the need to refresh core systems and drive the effective use of big data. niit technologies, with deep and enduring relationships with global insurance players across geographies and over two decades of experience in providing a range of technology services, offers an entire suite of it, bpm, and digital services that caters to the evolving needs of the insurance industry .
manufacturing companies are evaluated based on their resilience in the industry. this means greater emphasis on business efficiencies, but given the labor - intensive nature of the industry, efficiencies based on technology alone are insufficient. a strategy that balances global technology with local innovation is crucial for growth. nobody understands this better than niit technologies. with our experience in understanding both technological and cultural nuances, we have helped our global clientele make sound decisions about the deployment of automated, transparent, and integrated information management systems across their value chain .
our subject matter experts have deep domain experience in delivering solutions across different platforms and technologies, ranging from the tried and tested to the upcoming. with over 50 + global clients, we provide end - to - end services and solutions, including legacy support and maintenance, legacy modernization, predictive analytics, portals, mobile apps, and the internet of things across the following segments :
the company posted a net loss of rs. 17. 50 crore for the quarter ended march 31, 2015, against a profit of rs. 61. 90 crore in the year - ago period, due to exceptional expenses of rs. 80 crore on account of dispute settlement. “a dispute had arisen between one of the company’s subsidiaries and its client in the asia pacific region. the dispute was resolved by concluding a settlement agreement which released the company of its obligations towards execution of the programme, ” niit technologies chief executive officer arvind thakur said. he added that the financial impact of this one - off event during the quarter was rs. 80 crore. consolidated revenues rose 3. 9 per cent to rs. 611. 20 crore in the january - march 2015 period. the board recommended rs. 9. 50 per equity share as dividend for 2014 - 15 .
acquisitions niit tech has also used acquisitions to help it accelerate from a four per cent yoy revenue growth in 2009, to a 28 per cent yoy revenue growth in 2012. in august 2011, it acquired spanish software services firm proyecta sistemas de informacion sa for $ 7 million to strengthen its capability in the travel vertical. proyecta sharply focuses on two segments: travel and financial services. almost 68 per cent of its revenues come from the travel vertical .
post - 2009, niit tech decided to adopt a strategy of ‘focus and differentiate’. this meant undertaking three transformational steps — focusing on just a few verticals and becoming a specialist in those segments, chasing geographic diversification and thirdly, investing in future growth which includes sales and marketing as well as strategic acquisitions. at the rate it’s going, the goal of eventually becoming one of indian it’s heavy hitters may not be wildly as improbable as it may have been three years ago .
niit tech is in the computers - software sector. the current market capitalisation stands at rs 6, 782. 30 crore. the company management includes rajendra s pawar - chairman & managing director, arvind thakur - vice chairman & mng. director, vijay k thadani - promoter non - exe. director, surendra singh - independent director, amit sharma - independent director, ashwani puri - independent director, holly jane morris - independent director. it is listed on the bse with a bse code of 532541 and the nse with an nse code of niittech. its registered office is at 8, balaji estate, first floor, , guru ravi das marg, new delhi, delhi - 110019. their registrars are alankit assignment ltd .
, while the benchmark sensex shed 0. 18% to 27, 440. 14 points .
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the banking and financial services industry recognizes that the “uber moment” in financial services is approaching. technology is “an unstoppable force” that could improve customer service, risk management, and efficiency, as well as see new banks become household names .
while making these points, antony jenkins, former ceo of barclays, also warned that incumbents risk becoming merely capital - providing utilities that operate in a highly regulated, less - profitable environment, a situation unlikely to be tolerated by shareholders .
the financial services industry must distribute products and services digitally with an omnichannel experience to shift consumer behaviors toward a “digitally integrated frictionless ecosystem” to stay likable, compliant, and profitable .
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considering that there is transfer of assets involved, the revenues from the deal will start accruing from the october - december quarter of the current fiscal, thakur said .
we understand the challenges posed by a need for continuously enhancing customer satisfaction along with reducing operational costs and increasing revenues. to that end, we partner with all of our clients, bringing our innovative solutions, stringent quality standards, highly skilled domain - focused resources, and investments in technology to the engagement. we also use proprietary tools and frameworks to add value to our clients. our offerings include :
termsmonitor tm, our in–house developed workflow management tool, provides real - time monitoring and performance dashboards .
k - portal (a knowledge support system) enables capture of process knowledge for continuous process improvement .
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a smart enterprise keeps on challenging the way it runs businesses with new ideas and delivers exceptional value to its stakeholders. it is reinforced by strong pillars of intelligence and empathy. a smart enterprise spends less and achieves more by imbibing an intelligent approach and leveraging the disruptive ecosystem. at the same time, it realizes that ultimately it is in the business of making life better for people. it goes beyond expected outcomes and delivers exceptional experiences to its internal and external stakeholders .
for a smart enterprise, business and it are two sides of the same coin. the traditional expectation from it is to consistently enable high performing businesses. it infrastructure services plays a critical role in delivering to this expectation. however a smart enterprise expects much more .
we take an application - centered approach while delivering infrastructure services. leveraging own ips, new age toolsets and using innovative processes, we bring in intelligent automation across the service delivery landscape and enable smart it operations .
our clients expect much more than the traditional outsourcing or offshoring cost benefits. we act as orchestrators of best - fit it infrastructure solutions to provide cost benefits beyond the norm .
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focused on digital services, the company is helping businesses design agile, scalable and digital operating models .
the company’s growth momentum and encouraging outlook is driven by its ability to win large deals, deliver on complex projects, and enter into strategic alliances or partnerships .
we are a value - led organization with a corporate governance philosophy that emphasizes consistent adherence to the highest standards of ethics, transparency, and accountability .
this web page is a part of our efforts to keep our shareholders informed about our operations, business performance, and financial results. we welcome any suggestion, feedback, or query that you may have, which can be directed to our investor relations team .
we help insurers modernize legacy systems, leverage digital legacy integration services, reengineer business processes to enhance business agility, improve operational efficiency, reduce costs, and improve margins, thus injecting new efficiencies into their systems, helping them monetize new channels, and preparing them for changing business imperatives .
end - to - end testing (functional, non - functional requirements, mobile, etc. )
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1. nice policies for employees 2. flexible timings for work 3. no extra stretching for work 4. work can be done easily, good culture good people
good for freshers, they can understand the features and processes of a cmm levell 5 company. it is a good name in the marked, therefore provides good point to your resume
most of the projects are support and maintainence. career of a person may be spoiled in this company as his primary skills may be compromised by the management .
less projects. large number of people in pool. management is not good .
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separate product from services, they require a different approach and the cost of product delays cost the company twice over .
effectively a body - shop rather than an it services partner. very little effective internal communication. very asian - minded. out - dated offices and facilities. little independence from delhi hq in many matters .
act more as a european company. hire more non - indian managers. communicate more effectively with staff .
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for the quarter ended 31 - 03 - 2018, the company has reported a consolidated sales of rs 788. 80 crore, up 4. 27% from last quarter sales of rs 756. 50 crore and up 5. 92% from last year same quarter sales of rs 744. 69 crore company has reported net profit after tax of rs 97. 30 crore in latest quarter .
the company’s top management includes mr. amit sharma, mr. arvind thakur, mr. ashwani puri, mr. rajendra s pawar, mr. surendra singh, mr. vijay k thadani, ms. holly jane morris. company has price waterhouse as its auditors as on 31 - 03 - 2018, the company has a total of 61, 456, 124 shares outstanding .
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founded in 2007, hyderabad - based incessant has offices in us, uk, australia and canada. the firm focuses on enabling its clients to automate and integrate back end systems with a digital front end. it currently has over 300 consultants and has more than 20 clients .
for the year ended march 31, 2014, the company generated revenues of $ 13. 9 million and is estimated to have ended fy15 with top - line of $ 17 million .
this is the first such strategic m & a deal in almost three years. in september, 2012, it had acquired us - based sabre holdings’ philippines development centre .
for the quarter ended march 2015, the firm had a consolidated revenues of rs 611. 2 crore, up 3. 9 per cent over the year - ago period. the firm reported net loss of rs 17. 5 crore as against net profit of rs 61. 9 crore in q4 fy14 .
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when analyzing the information technology sector as a whole, according to mergr, in the last 3 years, there are 1122 information technology companies that have made at least 1 acquisition, 62 have acquired at least 5 companies, and 11 have acquired more than 10 companies. the most prolific strategic information technology acquirer over the past 3 years is accenture, with 34 acquisitions. the most prolific private equity acquirer in the information technology sector over the past 3 years is h. i. g. capital with 12 platform acquisitions .
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in 2009, the company found itself, like many others, confronting a worldwide recession. it had also incurred huge hedging losses of around rs 60 crore. yet, its most difficult decision was something that confronts almost every software player in india today — namely, how to migrate from a linear model that involves growing revenue in direct proportion to headcount to something higher up on the value chain .
“moreover, 2009 made us look at the indian market. in that space we signed a large deal with the border security force (bsf) for its “intranet prahari” project. the deal not only helped us get inroads into future government deals but also catapult us into the large deal league, ” says mehrotra .
sales and marketing push besides deepening its vertical focus, the company also enhanced its focus on the sales and marketing team. the company hired seasoned marketing professional, deepak khosla, as the global head of sales and marketing last year, with the objective to sharpen its sales focus .
khosla, who has years of marketing experience with patni computers systems (now igate patni), hcl and others, realised that mining existing clients is as important as acquiring new one. apart from various other initiatives, khosla focussed on customised marketing initiatives or account - based marketing for select clients. this paid off as business from the top 10 clients grew by 39 per cent within a year .
“we will be actively pursuing large deals upwards of $ 25 million and have already put a team in place to identify such deals; $ 25 million is our sweet spot as the number of $ 100 million deals has remained static post 2009 ,
says ceo thakur .
going forward, the company has already identified key areas that will add specificity to its growth — mobility, analytics and cloud computing .
“we have three clear horizons. the first, is the current revenue generators like application development and others the second, are the ones where we have made investments in 2009 and are now paying off and the third is the area where we are investing now, which includes cloud computing, analytics and mobility ,
said thakur .
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he said the company had revenue of $ 10 million in last financial year and has ebidta [ earnings before interest, taxes, depreciation and amortisation ] of 10% .
the company sharply focuses in two segments, travel and financial services. its 68% revenue came from travel vertical. this is going to add to our expertise and at same time give us local presence in europe ,
thakur said .
he said countries in the europe mainland were very unique in nature and local presence was required for good experience of customers .
headquartered in madrid, proyecta, with over 100 consultants that industry players in business intelligence, web and mobility applications .
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our vision is to be the ‘first choice’ of customers in its chosen verticals. we implement the philosophy of ‘focus and differentiate’ that enables us to compete on the strength of our specialization. our path breaking innovations and tailored made solutions help customers improve time - to market and realize quick return on investment (roi) from their it implementations .
awards and accolades have been an important part of our organization’s success story. the company has bagged several recognitions at the indian and global levels. these are related to the company' s industry performance, its leadership in the area of outsourcing, its headway in specific industry verticals and its robust hr practices .
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| type = public company ( bse : 532541 ) ; ( nse : niittech ) | founder = rajendra s. pawar vijay k. thadani | key _ people = arvind thakur ( chief executive officer & joint managing director ) niit technologies limited ( bse : 532541 ) is an it organization , with customers in north america , europe , asia and australia . it offers services in application development and maintenance , infrastructure management services , ip asset or platform solutions , and business process outsourcing to organizations in the financial services , travel and transportation , manufacturing , distribution , insurance & media sectors . 
| type = public company (bse: 532541); (nse: niittech) | founder = rajendra s. pawar vijay k. thadani | key _ people = arvind thakur (chief executive officer & joint managing director) niit technologies limited (bse: 532541) is an it organization, with customers in north america, europe, asia and australia. it offers services in application development and maintenance, infrastructure management services, ip asset or platform solutions, and business process outsourcing to organizations in the financial services, travel and transportation, manufacturing, distribution, insurance & media sectors.
| type = public company (bse: 532541); (nse: niittech) | founder = rajendra s. pawar vijay k. thadani | key _ people = arvind thakur (chief executive officer & joint managing director) niit technologies limited (bse: 532541) is an it organization, with customers in north america, europe, asia and australia. it offers services in application development and maintenance, infrastructure management services, ip asset or platform solutions, and business process outsourcing to organizations in the financial services, travel and transportation, manufacturing, distribution, insurance & media sectors.