SYNTEL

Syntel, a leading global IT services firm, deliver flexible, custom Information Technology and Business Process outsourcing solutions to Global 2000 customers. Syntel is a leading global provider of custom outsourcing solutions with over 20,000 employees, 27 offices around the world, a blue-chip customer base and revenue of more than $650 million. The combination of hands-on experience and relentless focus on business results has given rise to Syntel’s “Partner for Life” philosophy.

Corporate slogan/Punchline

  • Consider IT done

Mission

  • Syntel's mission is to service their customers for life through innovative solutions. Syntel strives to deliver quality that exceeds customers' expectations through dedication and passion for work.

Values

  • Syntel has a set of values that are an everyday part of working life:

  • Syntel is dedicated to the success of customers by creating strong customer satisfaction through passion for work and are driven by "Customers for Life" philosophy.
  • Syntel delivers quality beyond the expectation of customers.
  • Syntel is dedicated to the success of employees- attract and retain the best and brightest employees and give them continuous opportunity for career development and learning, encourage people to take risks toward solving customer challenges.
  • Syntel recognizes and rewards effective team builders and players who achieve results while practicing Syntel's values and principles.

Locations

  • 27 offices worldwide headquartered at Michigan USA

Leadership Team

  • Chairman and Co-founder - Bharat Desai

  • CEO and President - Prashant Ranade
  • Vice President and Co-founder of Syntel, Inc. - Neerja Sethi

No. of employees

  • 20,000 + (as of September 30th2012). This is inclusive of 4000 in Mumbai and another 2000 in Chennai.

Key milestones

  • 2011 : Rakesh Khanna becoming first Chief Operating Officer of Syntel; Syntel closes the FY-2011 with around $642.4 million as revenue.

  • 2010 : Prashant Ranade becomes Syntel CEO; Syntel opens the first phase of its Chennai technology campus
  • 2009 : Syntel promotes Keshav Murugesh to the post of President & CEO. Bharat Desai remains as Chairman of the Board.
  • 2008 : Syntel breaks ground on its Chennai technology campus and records more than $400 million in revenues for the first time.
  • 2004 : Syntel, Inc. announced today that it has been included on Forbes Magazine's "200 Best Small Companies" list for the fifth time.
  • 1997 : Exceeded the $100 million revenue point and earned the highest "Preferred" performance rating from DaimlerChrysler.
  • 1997 :  launched IPO with the sale of 3.45 million shares of stock trading on NASDAQ (‘ SYNT’)
  • 1980 : Year  of inception

Stock exchange listings:

  • NASDAQ : SYNT

Financial performance indicators

  • $642.4 million (FY 2011) $186.4 million (3Q 2012)

Services

  • IntelliSourcingSMApplications Outsourcing - Custom Application Development, Maintenance, Platform Migrations/Enhancements 

  • e-Business - Business Exchanges/Marketplaces, Data Warehousing, Customer Relationship Management (CRM), Enterprise Application Integration (EAI), ERP, Web Architecture/Integration  &Business Process Outsourcing (BPO) 

Industries

  •   Financial Services/Banking, Health Care, and Insurance.

Major clients

  •  AIG, Borders Group, Daimler Chrysler, GMAC, Humana & Target

Careers

  • For employees, Syntel is a global company that offers a world of opportunity. Syntel provides a full IT lifecycle "playground." The company’s culture of opportunity, choice, and ownership deliver professional, personal, and financial growth to their employees

  • Everyday professionals are implementing breakthrough technologies that further customers' competitive advantage in the global marketplace..
  • With ample training programs (both in-room and online), employees enjoy continual skill development. –an employee can become a certified PMP by the Project Management Institute (PMI). And, as a PMI Corporate Registered Education Provider, an employee can earn Professional Development Units (PDU) for some courses. For new grads, there is a two-year intensive program- College Grad Program
  • In addition to training, Syntel employees enjoy competitive compensation, stock ownership opportunities, an attractive benefits package, and an entrepreneurial environment where ideas take center stage.
  • Syntel stand out as a best-in-class employer because of industry longevity, cutting edge technology solutions, best ratings in magazines viz Week, Forbes, Gartner, and an open culture that values team work and diversity

Organizational culture

  • Syntel's entrepreneurial culture encourages employees to think and act like company owners, delivering a culture of opportunity(called “Freedom of Lateral Movement”)more  career choice & options, and ownership of challenges and opportunities. The company empowers employees to take risks, develop creative solutions, and do whatever it takes to make it happen for customers.

Awards

  • 2012

  • Software Magazine's "Software 500"
  • CIO 100 Award, CIO India Magazine
  • Forbes America's Best Small Companies (#15)
  • FinTech 100 - #29
  • NASSCOM - #15 BPO Export Company in India
  • Dataquest India - Top 50 IT Companies (#29)
  • Cyber Media India - "Global Services 100"
  • Leading Mid-Tier BPO Provider
  • Top Global ADM Leaders
  • NASSCOM - #16 IT - BPO Employer In India
  • Healthcare Informatics 100 (#54)
  • CRN's 2012 Solution Provider 500 (Formerly VAR 500) (#44)
  • International Association of Outsourcing Professionals "The Global Outsourcing 100" (#38)
  • Top 10 Leaders for Health Care
  • Top 20 Leaders - Financial Services (Insurance)
  • Top 20 Leaders - Information/Comm. Technology Services
  • Top 20 Leaders - Transaction Processing Services
  • Top 20 Leaders - Industry-Specific Services 
  •  2011
  • CIO 100 Award, CIO India Magazine
  • Forbes America's Best Small Companies (#27)
  • International Association of Outsourcing Professionals "The Global Outsourcing 100" (#48)
  • Top 20 Providers for Insurance and Healthcare
  • Top 20 Leaders for Industry Specific Services
  • Top 20 Leaders - Transaction Processing Services 
  • Top 20 Leaders in UK
  • Global Services Media and NeoGroup "Global Services 100" and Sub Lists
  • Top KPO Vendors 
  • Top ADM Vendors
  • Top Industry-specific BPO Vendors
  • NASSCOM - #16 IT-BPO Employer in India
  • FinTech 100 (#32)
  • Healthcare Informatics 100 (#62)
  • VAR 500 (#46)
  • 2010
  • FinTech 100
  • Best Performing Mid-sized Firms in India, Inc. Magazine
  • Microsoft India Partner of the Year award for Store Services Workbench Retail Solution.
  • Software Magazine's "Software 500"
  • Healthcare Informatics 100
  • Global Services Media and NeoAdvisory "Global Services 100" 
  • Global Services Media and NeoAdvisory "Global Services 100" Sub Lists
  • TOP ITO Vendors 
  • Top ADM Vendors
  • Top Industry-specific BPO Vendors
  • Dataquest India - Top 50 IT Companies
  • VAR 500
  • International Association of Outsourcing Professionals "The Global Outsourcing 100" 
  • International Association of Outsourcing Professionals "The Global Outsourcing 100" Sub Lists
  • Top 20 Leaders for Industry Focus: Banking, Markets, Insurance, Healthcare
  • Top 20 Leaders for Service Area: Industry Specific Services
  • Organization with Innovative HR Practices, Global HR Excellence Awards at World HRD Congress, February 2010 
  • Best Overall Recruiting & Staffing Organization of the Year, Global HR Excellence Awards at World HRD Congress, February 2010
  • Most Innovative Recruiting & Staffing Program/Initiative – Syntel’s Life Enrichment Program, Global HR Excellence Awards at World HRD Congress, February 2010
  • Award for Excellence in HR through Technology, Global HR Excellence Awards at World HRD Congress, February 2010

Other information

  • Syntel's team architect and deliver real-world technology solutions that drive business results. The company’s solution approach is distinguished by characteristics include “big picture view of business problems” and project's success at a fixed price. Syntel has the experience, methodologies, and consultant training to fully integrate client’s organization  to build  Digital Ecosystem

  • Syntel's top project managers are certified by the Project Management Institute (PMI). Syntel's Global Development Centers are ISO 9001:2000 certified;r centers in India have achieved SEI CMM Level 5 and BS 7799.
  • Syntel pioneered the Global Delivery Service approach in 1992  enabling the company to deliver complex IT projects in the areas of Applications Outsourcing and e-Business, with outstanding quality and at very competitive prices

Contact address

  • 1st Floor, Unit No. 3, No. 34 11th Cross, Indiranagar, 1st Stage

  • Bangalore 560 038
  • Tel: 080-2520-1648/49
  • Fax: 080-2525-2311
  • 21 Mount Road
  • Saidapet
  • Chennai 600 015
  • Tel: 044-2230 1103 / 2220 0195
  • Fax: 044-2230 0369
  • 1-1-380/39 Ashok Nagar
  • Hyderabad
  • 500 020
  • Tel: 040-763 3796 / 763 5978
  • Fax: 040-766 1774
  • Unit 69, SDF III
  • SEEPZ
  • Andheri (East)
  • Mumbai 400 096

Website

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