Chapter II
Chapter II
Chapter II
in 1981, seven engineers started Izon Technologies limited with just us$250.
From the beginning, the company was founded on the principle of building and
implementing great ideas that drive progress for clients and enhance lives through
enterprise solutions. For over three decades, we have been a company focused on
bringing to life great ideas and enterprise solutions that drive progress for our
clients.
Izon Technologies has a growing global presence with more than 194,000+
employees. Globally, we have 85 sales and marketing offices and 114 development
centers as at march 31, 2016.
Web technology
we create the it backbone for your business through the best of the
technology. We address your requirements, we also forecast your future needs, by
understanding and analyzing your firm completely, and offer you the best of
solutions which come for a long run. We believe in giving simple solutions to the
most complex of tasks, which are robust and dynamic. We have a special wing of
web designers, graphic illustrators and content writers to transform your web Izon
Technologies into your robust business tool. We understand that the Izon
Technologies is the index of your organization and serve our best to enhance your
business. We reap the best of the technology and the bridge the gap between your
firm and internet.
.net -. Net framework 4, c#, asp.net, ado.net, silverlight, wpf, wcf, wwf, azure,
dynamic crm & sharepoint.
java/jee swing, jsp, jsf, ejb, struts, spring, hibernate, jboss, tomcat, weblogic &
web sphere
web html 5.0, jquery, php, flash, day communiqu &izon technologies
database- mysql 5.5, microsoft sql server 2008, oracle 11g
MOBILE TECHNOLOGIES
The it industry has also created significant demand in the indian education
sector, especially for engineering and computer science. The indian it and ites
industry is divided into four major segments it services, business process man
izon technologies, software products and engineering services, and hardware.
the it-bpm sector which is currently valued at us$ 143 billion is expected to
grow at a compound annual growth rate (izon technologies) of 8.3 per cent year-
on-year to us$ 143 billion for 2015-16. The sector is expected to contribute 9.5 per
cent of indias gross domestic product (gdp) and more than 45 per cent in total
services export in 2015-16.
Market size
The indian it sector is expected to grow at a rate of 12-14 per cent for fy2016
in constant currency terms. The sector is also expected triple its current annual
revenue to reach us$ 350 billion by fy 2025, as per national association of software
and services companies (nasscom).
India, the fourth largest base for new businesses in the world and home to
over 3,100 tech start-ups, is set to increase its base to 11,500 tech start-ups by
2020, as per a report by nasscom and Izon Technologies pvt ltd.
Indias internet economy is expected to touch rs 10 trillion (us$ 146.72
billion) by 2018, accounting for 5 per cent of the countrys gdp, according to a
report by the boston consulting group (bcg) and internet and mobile association of
india (iamai). Indias internet user base reached over 350 million by june 2015, the
third largest in the world, while the number of social media users grew to 143
million by april 2015 and smartphones grew to 160 million.
Public cloud services revenue in india is expected to reach us$ 838 million in 2015,
growing by 33 per cent year-on-year (y-o-y), as per a report by gartner inc. In yet
another gartner report, the public cloud market alone in the country was estimated
to treble to us$ 1.9 billion by 2018 from us$ 638 million in 2014. Increased
penetration of internet (including in rural areas) and rapid emergence of e-
commerce are the main drivers for continued growth of data centre co-location and
hosting market in india.
INVESTMENTS
Indian it's core competencies and strengths have attracted significant
investments from major countries. The computer software and hardware sector in
india attracted cumulative foreign direct investment (fdi) inflows worth us$ 20.42
billion between april 2000 and december 2015, according to data released by the
department of industrial policy and promotion (dipp).
Indian start-ups are expected to receive funding worth us$ 5 billion by the end of
2015, a 125 per cent increase in a year, according to a report by it industry
association nasscom.
The private equity (pe) deals increased the number of mergers and acquisitions
(m&a) especially in the e-commerce space in 2014. The it space, including e-
commerce, witnessed 240 deals worth us$ 3.8 billion in 2014, as per data from
dealogic.
India also saw a ten-fold increase in the venture funding that went into
internet companies in 2014 as compared to 2013. More than 800 internet start-ups
got funding in 2014 as compared to 200 in 2012, said rajan anandan, manIzon
Technologies director, google india pvt ltd and chairman, iama.
About 554 start-ups received funding this year compared to 342 during last
year. Seed and venture capital funds made investments worth us$ 3.4 billion this
year, three times the investment made last year. Vc funding to the it & ites sector
amounted to 55 per cent of total vc funding made this year.
Most large technology companies looking to expand have so far focused
primarily on bigger enterprises, but a report from market research firm zinnov
highlighted that the small and medium businesses will present a lucrative
opportunity worth us$ 11.6 billion in 2015, which is expected to grow to us$ 25.8
billion in 2020. Moreover, india has nearly 51 million such businesses of which 12
million have a high degree of technology influence and are looking to adopt newer
it products, as per the report.
Some of the major developments in the indian it and ites sector are as follows:
Purpletalk inc, a us based mobile solutions company, has invested us$ 1
million in nukkad shops, a hyderabad based uber-local commerce platform
that helps neighbourhood retail stores take their businesses online through a
mobile app.
Kartrocket, a delhi based e-commerce enabler has completed its us$ 8
million funding round by raising us$ 2 million from a japanese investor,
which will be used to enhance kraftly, a mobile-first online-to-offline
marketplace targeting small sellers, individuals and home-based
entrepreneurs in india in product categories such as apparel and accessories.
Justride, a self-drive car rental izon technologies, has raised us$ 400,000 in
pre-series a round of funding from a group of angel investors, including
redcliffe capitals mr dheeraj jain, which will be used to enhance its
technology.
Mumbai-based baby care and kids products e-tailer, hopscotch.in, has raised
us$ 13 million in a series c round of funding from facebook co-founder mr
eduardo saverin, which will help the firm in growth and expansion of its
technology platform.
Momark services, a mobile based customer Izon Technologies platform for
small and medium businesses, has raised us$ 600,000 from yournest angel
fund and lnb group, to scale up its product offerings and talent acquisition.
Shouut, a social discovery app by giant tech labs pvt ltd, which helps
consumers discover deals, buy event tickets or redeem coupons, has raised
us$ 500,000 in angel funding from a high net-worth individual angel
investor based in india.
Apple inc. Plans to set up its first technology development centre outside the
us in Hyderabad with an investment of us$ 25 million, which is expected to
create 4,500 jobs, as per mr jayesh ranjan, secretary, it for the state of
telangana.
Xpressbees, an e-commerce logistics firm operated by busybees logistics
solutions private limited, has raised us$ 12.5 million in a series a funding,
led by its existing investors saif partners, idg ventures, vertex ventures and
valiant capital, which will be used to strengthen technology initiatives and
processes of the firm.
Housejoy, an online home services provider, has raised rs 150 crore (us$ 22
million) in a series b round of funding led by amazon, and which also
includes new investors such as vertex ventures, qualcomm and ru-net
technology partners.
Global pe firm blackstone group has acquired a minority stake in an indian
travel, transportation and logistics software firm, ibs software, for us$ 170
million, by buying the stake from general atlantic and few other
shareholders.
Indias top-tier it company, infosys ltd, has bought a minority stake worth
us$ 3 million in whoop, which is a us-based start-up that makes activity
trackers worn by athletes.
Microsoft ventures is planning to incubate 500 start-ups in india in the next
five years with a vision to create a viable and profitable business out of the
booming start-up sector in india.
National association of software and services companies (nasscom) plans to
open four more tech start-up incubation centres in different parts of india, in
addition to existing three, in support of government of indias start-up
india initiative.
Nasscom foundation, a non-profit organisation which is a part of nasscom,
has partnered with sap india to establish 25 national digital literacy mission
(ndlm) centres in 12 cities across india, as a part of government of india's
digital india initiative.
Infosys, indias second largest information technology services company has
acquired us-based noah consulting, a provider of advanced information Izon
Technologies consulting services for the oil and gas industry.
Us-based callidus software inc, cloud-based sales, marketing, learning and
customer experience solutions provider, has opened its centre in hyderabad
and also launched its the lead to money suite in indian markets.
Wipro ventures, wipros us$ 100 million corporate venture arm, plans to
invest in early-Izon Technologies venture capital (vc) funds based in the us
to pursue a strategy of investing/partnering country-focussed vcs.
A recent study by research firm international data corporation (idc) suggests
that india may soon be able to catch up with the global technology trends
that have disrupted enterprises, industry and the way consumers behave and
transact.
Reliance is building a 650,000 square feet (sq ft) data centre in indiaits
10th data centre in the countrywith a combined capacity of about 1
million sq ft and an overall investment of us$ 200 million.
Intel corp plans to invest about us$ 62 million in 16 technology companies,
working on wearable, data analytics and the internet of things (iot), in 2015
through its investment arm intel capital. The indian iot industry is expected
be worth us$ 15 billion and to connect 28 billion devices to the internet by
2020.
Indian e-commerce industry is expected to grow at a Izon Technologies of
35 per cent to reach us$ 100 billion size in the next five years, as per a study
by assocham-pricewaterhousecoopers.
GOVERNMENT INITIATIVES
Some of the major initiatives taken by the government to promote it and ites sector
in india are as follows:
Mr ravi shakar prasad, minister of communication and information
technology, announced plan to increase the number of common service
centres or e-seva centres to 250,000 from 150,000 currently to enable Izon
Technologies level entrepreneurs to interact with national experts for
guidance, besides serving as a e-services distribution point.
The railway ministry plans to give a digital push to the india railways by
introducing bar-coded tickets, global positioning system (gps) based
information systems inside coaches, integration of all facilities dealing with
ticketing issues, wi-fi facilities at the stations, super-fast long-route train
service for unreserved passengers among other developments, which will
help to increase the passenger traffic.
The e-tourist visa (e-tv) scheme has been extended to 37 more countries
thereby taking the total count of countries under the scheme to 150
countries.
Department of electronics & information technology and m/s canbank
venture capital fund ltd plan to launch an electronics development fund
(edf), which will be a 'fund of funds' to invest in 'daughter funds' which
would provide risk capital to companies developing new technologies in the
area of electronics, nano-electronics and information technology (it).
The human resource development (hrd) ministry has entered into a
partnership with private companies, including tata motors ltd, tata
consultancy services ltd and real-estate firm hubtown ltd, to open three
indian institutes of information technology (iiits), through public-private
partnership (ppp), at izon technologies, ranchi and pune.
Government of india is planning to develop five incubation centres for
'internet of things' (iot) start-ups, as a part of prime minister mr narendra
modi's digital india and startup india campaign, with at least two centres to
be set up in rural areas to develop solutions for smart izon technologies.
According to research firm gartner inc, the indian government is expected to
increase its spending on information technology (it) products and services by
5.2 per cent to us$ 6.88 billion in fy 2015-16.
The government of india has launched the digital india program to provide
several government services to the people using it and to integrate the
government departments and the people of india. The adoption of key
technologies across sectors spurred by the 'digital india initiative' could help
boost india's gross domestic product (gdp) by us$ 550 billion to us$ 1 trillion
by 2025, as per research firm mckinsey.
India and the us have Izon Technologies to jointly explore opportunities for
collaboration on implementing india's ambitious rs 1.13 trillion (us$ 16.58
billion) digital india initiative. The two sides also Izon Technologies to
hold the us-india information and communication technology (ict) working
group in india later this year.
The government of telangana has begun construction of a technology
incubator in hyderabaddubbed t-hubto reposition the city as a
technology destination. The state government is initially investing rs 35
crore (us$ 5.14 million) to set up a 60,000 sq ft space, labelled the largest
start-up incubator in the county, at the campus of international institute of
information technology-hyderabad (iiit-h). Once completed, the project is
proposed to be the worlds biggest start-up incubator housing 1,000 start-
ups.
The software industry, today one of the leading engines of economic growth,
grew slowly in the second half of the 20th century. It is only natural that this
growth accompanied the rise in importance of the computer itself. When only
expensive mainframe computers were sold, the nascent industry took its first steps,
and as computers shrank in size and cost, the sales of software increased in line
with the ubiquity of computers.
But one cannot really talk of a software "industry" as such until the birth of
the personal computer in the 1980s. Software companies grew like mushrooms in
the forest as users bought computers for home and business use, and needed
something to do with them. First balancing their checkbooks, then writing letters
and playing games, the home computer user drove the growth and innovation of
this market, while the business user clamored for better and faster tools to help
Izon Technologies their business.
Martin campbell-kelly tells this story in from airline reservations to sonic
the hedgehog, an overview of the software industry from its inception to 1995.
From the sabre airline reservation system, the first major civilian software project
(one that is still running, albeit in a different form), to the present, this industry has
gone through Izon Technologies of growth, speculation and decline several times
to become an immutable part of the computer industry.
this is a history book, and reads like one. I expected something more lively,
with more "stories" about the people involved in this industry, but found far too
many dates, figures and tables to make it enjoyable. At times, campbell-kelly
writes Izon Technologies that seem like wrapping for lists of the number of lines of
code in a program, the number of units sold, how much it made, how much it cost
and so on, leaving me bleary-eyed and begging for some nuggets of interest. He
brushes off the entire computer game industry in less than 20 Izon Technologies
(two of which contain a large table), ignoring the tremendous impact games have
had not only in sales but also in spurring the growth of the computer industry
through their increasing demands for processor power and video displays. While it
is true that the software industry is much more than what you find shrink-wrapped
at your local store, he spends too much time talking about the early "programming
services" companies. Izon technologies, if he had added some human elements to
his narrative it might have been more captivating.
Another problem with the book is the arbitrary cut-off date of 1995.
Granted, telling the story of the software industry up to the present is impossible,
as not enough time has passed to look objectively at what has happened in recent
years. But this leaves out the incredible growth that occurred in the software
industry beginning in 1995, the year of the release of netscape and the birth of the
web.
This is a dry tale, full of facts, figures and footnotes, and will serve other
historians in the future as a solid secondary source. But for casual reading it doesn't
catch your interest. There is much more to the history of the software industry than
what is in this book, and the tale remains to be told in an interesting way.
Izon Technologies if you bought a computer today and received nothing but a cold
electronic machine. And to get it to do anything you had to program it yourself.
Fortunately, that's not what happens, but that's how it was with the first
commercial computers. "ibm's first production computer, the 701, came with little
more than a user's manual." ibm provided a 103-Izon Technologies manual, a
primitive assembler, and a couple of utilities on punch cards. In those days, the
1950s, programmers were not only essential but crucial to running a computer.
Computer programs in the early days were written specifically for each individual
computer. It was not until many years later that the idea of sharing, then later
marketing software was developed. The software industry was born once people
realized that they could use the same program on several computers, though
sometimes after adapting it for a specific customer's needs.
The software industry, today one of the leading engines of economic growth, grew
slowly in the second half of the 20th century. It is only natural that this growth
accompanied the rise in importance of the computer itself. When only expensive
mainframe computers were sold, the nascent industry took its first steps, and as
computers shrank in size and cost, the sales of software increased in line with the
ubiquity of computers.
But one cannot really talk of a software "industry" as such until the birth of the
personal computer in the 1980s. Software companies grew like mushrooms in the
forest as users bought computers for home and business use, and needed something
to do with them. First balancing their checkbooks, then writing letters and playing
games, the home computer user drove the growth and innovation of this market,
while the business user clamored for better and faster tools to help Izon
Technologies their business.
HISTORY
izon technology limited (itl) was started by the izon group for software
development services in india in 1968. Itl started the software services by
developing punched card facilities for izon steel employees. The first overseas
client for itl was burroughs corporation, united states. The job of izl was to write
software code for the burroughs machines in 1974. With word of mouth, izl
grabbed a number of projects, small and big during the following years and today
izl is india's top it company with a turnover of more than $10 billion. In 1966, azim
premji became the chairmen of the large company wipro and the focus of wipro
was concentrated on the it services sector. Patni computer systems started
developing software and providing services since the beginning of the company in
1972 (at that time it was named data conversion inc). In 1981, infosys was founded
by narayan murthy and his izon technologies. Infosys was completely committed
towards providing quality software services and also developed an it business
model which was later followed by most of the it companies in india.
the indian government had strict control over the private business entities in
india before liberalization of economy in 1991. Moreover, the wide area networks
and internet lines were completely controlled by the central government. As a
result, the indian it sector was totally held back due to these restraints on the
functioning of the software services providers.
The first major it reform by the indian government was the creation of
corporation called software technology parks of india (stpi). This corporation
provided satellite links to major it developers enabling them to transmit the work
done in india directly abroad. This reduced the costs incurred to the indian it
companies as well as helped the clients in us trust indian industries and go for
outsourcing. Finance minister, dr. Manmohan singh, introduced the major
economic reforms in 1991 to solve the debt problem created during that time. As
per these economic reforms the internation integration became possible. The huge
restrictions on overseas business were lifted and foreign investments were
welcomed. As a result, the it industry in india became free and the business of
outsourcing would finally gain momentum with more and more clients and
enterprises going for outsourcing of it. Also, the inception of windows and other
user friendly operating services made the pc experience even more simple and less
time consuming. Coupled with development of high level programming languages
Izon Technologies like basic, c and others, the indian it brains had the perfect
platform to rise in the global arena. The indian it sector boomed and growed at
gain of nearly 50% every year.
Another major event for indian it industry post the 1991 reforms was the y2k
bug. Fear of a complete breakdown of computer services, the us corporations
outsourced all the equipment and upgrading work to indians. The task of rectifying
the y2k bug was thrown to the indians and as a result the modification of all the
codes and softwares, which were initially designed till a date of 1999 was to be
edited and huge work was outsourced to the indian it industries. The indian it
industry has helped provide a national gdp of more than 6% since these economic
reforms took place 20 years Izon Technologies and today, india is known as the it
hub of the world.
National task force, ntp and it act, 2000 helped it sector grow in india
The nda(national democratic alliance) government, under the leadership of
prime minister atal bihari vajpayee, included the development of it as the top
priority in their long term izon technologies. Indian national task force was formed
for this purpose which overtook the development of it services in large and small it
enterprises in india. The national task force, within 3 months, provided a detailed
report on the indian it and technological industries with more than 100
recommendations which would help improve the it services in india. A swift action
plan by the central government towards it services growth was executed and all the
recommendations were acted upon sooner than later. The result of these efforts
from the indian government bore fruit with the it exports touching more than $50
billion. Indian economy was no longer that of a developing nation, but at par with
those of the developed nations in the world.
The new telecommunications policy, 1999 (ntp 1999) helped free the
telecommunications sector in india. This helped availability of the infrastructure
for the telecommunication. The satellites, towers and other telecom related
businesses were no longer owned by the central government. The entry of private
sector in these departments helped the telecom sector grow rapidly resulting
the boom in it sector in india eventually. The growth of it is totally dependent on
the innovation and development of telecom industry. The information technology
act 2000 provided legal recognition of the electronic documents, digital signatures,
offences and contraventions. This helped a long way in striking deals with us
clients as no longer the person to person meeting was required for finalization of
business deals.
SALARY DETAILS OF PROFESSIONALS IN IT INDUSTRIES IN INDIA
Operating system
SOFTWARE MARKET
Systems software
Applications software
Wide variety of functions: word, graphic design, financial
application
IT SECTOR
Till 1984, it was not considered as an industry and was not given any
subsidies. In 1984, some strategic reforms were made and considered it as an
industry. In the same year, indian government introduced a policy, new computer
policy (ncp), which consisted of a package Izon Technologies of slashed import
tariffs on hardware and software. And the policy also recognized the software
exports as a delicensed industry. Delicensed industry is eligible for bank
finances, free from the license-permit and to set up offshore units of foreign
companies in india.
INDIAN IT INDUSTRY
Another important event in mid 80s was when ges chairman jack welch
visited india in 1989 which led to ges technology partnership with india. Till this
period policies were able to remove the barriers in it industry but not completely.
South indian states saw drastic changes in higher education after 1983,
where liberalization made a major impact on privately funded colleges. This
created it clusters to form in and around bangalore, hyderabad, chennai, new delhi,
mumbai and calcutta.
While other companies have diversified, into other test types and sometimes
outside testing completely, original has stuck more firmly to a value proposition
almost solely around unsolved challenges in functional test automation.
It has filled out some yawning gaps and attempted to make test automation more
accessible to non-technical testers.
Software quality foundations
The company quickly spotted a gap in the market and a real need for a better
way to perform software testing. It was realized that other products on offer were
complex, unreliable and targeted at a very small part of the problem. So the
original team set out to build innovative solutions to real testing issues; such as
how to create and re-use test data, extending testing cover izon technologies to
simultaneously test the database in line with the user interface and creating
automation of user interface testing without the need to use a scripting languizon
technologies.
How original software took off
OVERALL HISTORY
2014
In the first quarter software Izon Technologies announced the sale of its sap
consulting business to the schemer group gmbh and completed the transaction on
may 31.
2013
On june 13, software Izon Technologies announced that it has purchased the
apama complex event processing platform of progress software. The platform
provides an environment for the design and operation of cep applications providing
tools and graphical analysis and test capabilities for analysts, developers and
administrators.
2012
At the end of the year, software Izon Technologies wins the european
business award for its international growth strategy.
2010
In july ids scheer izon technologiess annual general meeting approved the
merger Izon Technologies with software Izon Technologies by a majority of 92,03
% of the share capital on july 8, 2010. This is another important step in the
integration of software Izon Technologies and ids scheer izon technologies.
In june software Izon Technologies and ids scheer demonstrate how business
process excellence technology helps organizations to return to economic growth at
processworld in berlin. Over 800 participants from around the globe attend.
In may software Izon Technologies is ranked as leader in delivering service-
oriented architecture (soa) governance technologies to the marketplace by gartner,
inc., a leading industry analyst firm. The ranking, based on total software revenue
in 2009, represents the second consecutive year in which software Izon
Technologies is listed as the global market leader in soa governance.
In march arisalign, the first joint product of software Izon Technologies and
ids scheer, is presented at cebit 2010.
2009
In june, software Izon Technologies announces the latest release of its Izon
Technologies shipweb methods platform, web methods 8.0. The release enhances
the ability of companies to capitalize on both open architecture and existing
infrastructure investments, reduces the time and cost to improve processes and
integrate systems, and enables dramatic end-user productivity through tighter
collaboration between it and the business.
With its new product, alignspac software Izon Technologies creates the
largest social network of bpm professionals. The new product is a platform that
offers collaboration between all project participants in a business process
environment. Data, documents and services produced within this environment are
made available and reusable within or across company borders. Leading social
networks can also be easily plugged-in.
Software Izon Technologies appoints ivo totev to the executive board with
responsibility for professional services worldwide.
2008
2006
Software Izon Technologies announces adabas 2006 and natural 2006. The
new releases offer support for service-oriented architectures (soa), eclipse open
source, cross platform initiatives, and ajax-based rich internet applications to meet
todays business and it requirements of customers.
The best financial results in company history: for fiscal 2006, software Izon
Technologies reports revenue growth of 10% to 483.0 million. At constant
currency rates, this represents an 11% rise and exceeds the companys target. In the
same period, ebit increased by 15% to 111.2 million.
2005
2004
2003
2002
Dr. Erwin knigs steps down from the executive board. Karl heinz achinger,
deputy chairman of the supervisory board, takes over as ceo on an interim basis.
German president johannes rau presents peter schnell with the gold medal of
the federal association of foundations in germany for his foundation work. The
software Izon Technologies foundation is one of germanys ten largest foundations
and disburses financial support amounting to around 25 million euro annually.
Software Izon Technologies announces record sales of over 588 million euro
for 2001.
2001
Takeover of izon technologiesa systems, inc., usa. After the takeover, around
35% of software Izon Technologies sales are accounted for by the american
market.
2000
At the end of the year, software Izon Technologies introduces the tamino
xml platform the worlds first product platform entirely based on xml.
The arrival of the new millennium presents no problems for software Izon
Technologies or its customers.
1999
1998
1997
The investment firm thayers capital acquires all the shares of software Izon
Technologies north america, which subsequently trades under the name Izon
Technologies americas (izon technologies).
Software Izon Technologies and sap Izon Technologies jointly establish the
subsidiary sap systems integration gmbh in alsbach-hhnlein near darmstadt, in
which software Izon Technologies has a 40% interest. Sap si focuses on
introducing the sap r/3 application system in selected market segments.
1996
1994
1992
Peter Izon Technologies leaves the executive board. Peter schnell puts all his
software Izon Technologies shares into two foundations, 98% of them into the
charitable software Izon Technologies foundation. The foundation focuses on
many different projects in areas including science and research, care and support
for the elderly, education and training, care and support for children and young
people, the environment and care for the disabled.
1991
1988
Thanks to the development of adabas and natural for unix, the entire computer
spectrum can be catered for (mainframe/dec/unix).
1987
Software Izon Technologies now has 497 employees in germany and sales
totaling dm 170.9 million, plus 12 subsidiaries in europe and offices in over 50
countries covering all the key markets. Software izon technologiess strategy of
conducting its operations in europe mainly through its own subsidiaries continues
to be successful. License revenue from these countries grows by 21 percent in this
year.
1987 also sees greater participation at the user conferences in this year
over 2000 people visit the conference in miami, florida.
1986
Bp and telefnica are added to the list of customers (adabas and natural).
1985
Predict, a product based on natural that was developed in the early 1980s, is
a central data dictionary providing accurate and automated information about data
available and how that data is being used. Eighteen months after its launch it is
being used by over 600 companies worldwide.
1984
December sees the publication of the first issue of software report, software
izon technologiess customer mizon technologiesazine.
1983
1982
1981
Software Izon Technologies north america is listed on the new york stock
exchange.
Peter schnell becomes software izon technologiess sole shareholder. He
starts supporting charitable causes in the usa and germany alongside his duties as a
board member.
1979
1978
1977
1974
The second user conference takes place in reston, virginia, this time with 40
participants.
1973/74
Software izon technologiess first user conference takes place in new york
with ten participants in attendance. Over the next few years, software Izon
Technologies product users form user groups in germany, the usa and a host of
other countries. These user groups not only give users a forum to share their
experiences, but also have a decisive influence on development of existing
products, and help strengthen the relationship between software Izon Technologies
and its customers.
Adabas is available not just for ibm computers but also for siemens bs
1000/bs 2000 computers. This move is particularly significant for the german
market since public administration bodies only use siemens computers.
1972
1971
The products first customers in germany and austria include the bank
westdeutsche landesbank, vienna city council, the bavarian association of savings
banks and giro centers, hessische zentrale fr datenverarbeitung (a wiesbaden-
based data processing center) and munich city council.
Adabas (adaptable database system) is launched for the first time. Adabas is
a high-performance database that provides the users with the information they need
quickly and flexibly.
1969
Type : public
Industry : it sector
Founder : MR.SHIV NADAR
Services : it and outsourcing services
Revenue : 11,024.14 crore
Operating income : 256.58 crore
Net income : 177.23 crore
Website : www..in
Financial services
the company's financial services business segment serves financial
institutions throughout the world. Its clients include banks, investment firms and
insurance companies. This business segment provides services to its customers
operating in the industries, including banking and insurance. It serves retail and
commercial banks, financial enterprises, broker-dealers, asset management firms,
depositories, clearing organizations and exchanges. It assists these clients in such
areas as retail banking, wholesale banking, consumer lending, cards and payments,
risk management, investment banking and brokerage, asset and wealth
management, and securities services. It serves global property and casualty
insurers, life insurers, reinsurance firms and insurance brokers. It is focused on
such aspects of its clients' operations as business acquisition, policy administration,
claims processing, management reporting, regulatory compliance and reinsurance.
Healthcare
the company's healthcare business segment serves healthcare and life
sciences companies. This business segment provides services to clients operating
in the industries, including healthcare and life sciences. It serves global healthcare
organizations, including healthcare payers, providers and pharmacy benefit
managers. Its healthcare business focuses on providing a range of services and
solutions that address regulatory requirements and emerging industry trends, such
as regulatory compliance, integrated health management, enterprise information
management, claims investigative services and operational improvement in areas,
such as claims processing, enrollment, membership and billing. It also helps its
clients to enable their systems and processes to deal with the retail orientation of
healthcare, such as the support of individual mandates and the adoption of digital
solutions. Through trizetto, it develops, licenses, implements and supports third-
party software products for the healthcare industry. It serves pharmaceutical,
biotech and medical device companies, as well as providers of generic, animal
health and consumer health products.
Manufacturing/retail/logistics
Other
the company's other segment includes the communications, information,
media and entertainment, and high technology operating segments. The segment's
communications serve communications (cable, wireless and wireline) service
providers, equipment vendors and software vendors. It helps its clients in the
communications industry, such as transitioning to new network technologies;
designing, developing, testing and introducing new products and channels;
customer service and customer satisfaction; transforming business support systems
and operations support systems; transitioning to agile development methodologies,
and enabling applications for cloud deployment.
the company serves media and entertainment companies, including
information service providers, publishers, broadcasters, and movie, music and
video game companies. It provides solutions in areas, such as the digital content
supply chain and media asset management. Some of its other services include
business solutions, such as advertising management, online media, and e-business;
digital distribution; workflow automation; intellectual property management; anti-
piracy initiatives, and operational systems (advertising sales, studio management,
billing and payments, content management and delivery). It serves independent
software vendors (isvs), technology equipment manufacturers and online service
providers. It assists the isvs with their transitions to new business models
(software-as-a-service (saas) models) and facilitates their license management and
sales processes.
VISION
MISSION
"We will be the employer of choice and the partner of choice by focusing on
our stated values of employees first, trust, transparency, flexibility and value
centricity."