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NIIT
Type Public
BSE: NIIT LTD
BSE: NIIT TECHNO
Founded 1981
Founder(s) Rajendra S. Pawar
Vijay K. Thadani
Headquarters 85, Sector 32, Institutional Area, Gurgaon, India
NIIT Technologies in New Delhi, India
Key people Rajendra S. Pawar
(Chairman)
Vijay K. Thadani
(CEO NIIT Limited)
P. Rajendran
(Director & COO NIIT Limited)
Ashok Kumar Arora
(CFO NIIT Limited & NIIT Technologies)
Arvind Thakur
(President & CEO NIIT Technologies)
Industry Training & Education in Information Technology
IT Services
Products Banking & Financial Services,
Channel and Customer Interface Solutions in Insurance,
e-Business, e-Procurement, SAP Retail for Retail & Distribution,
Travel & Transportation[1]
Services BPO,
Application Development Management,
Managed Service,
Package Implementation,
Platform Based Services[2]
Revenue INR 9,799 million (FY 2009)[3]
Employees 4,900 (As on 31 December, 2008)
Subsidiaries NIIT SofTec
NIIT ROOM Solutions
Element K
Website NIIT.com
Niit-Tech.com

NIIT is a information technology global education and training company headquartered in Gurgaon, India. It is the world's largest Information Technology training and education company with 5 million students across 40 countries.[4] The company is listed on the National Stock Exchange and Bombay Stock Exchange of India.

In 2004 , NIIT was polarized into two groups one is NIIT Limited, which focuses on the training and education in IT segment, and another which is known as NIIT Technologies concentrates on IT Services company.[5]

Contents

History

NIIT was established in the year 1981 by young entrepreneur Rajendra S. Pawar and Vijay K. Thadani. In the early 1981, on the campus of Indian Institute of Technology, Delhi, India young enthusiastic students Rajendra S. Pawar and Vijay K. Thadani not found themselves at the same company sharing the same dorm room. After graduating from IIT with the ambitious goal of spreading computer knowledge throughout India Pawar and Thadani, envisioned and developed a company which is today known as NIIT.[6] It has pionerred in IT education in India and trains one out of every three software professional to work in an IT company.[citation needed] During 1982 it setup educational centers in Mumbai, Delhi later it spread in western part of India specially in Bangalore. In the following years it stated corporate training programs. It is ranked among top 20 IT training institutions and graded among India's most trusted service brands.[7]

NIIT Limited

NIIT Limited (BSE: 500304) education centers are found in over 40 countries and provides both classroom and on-line learning solution. NIIT Limited has been recognized as one of the Asia's largest IT training institution, with more than 100 educational centers were setup in China and other parts of Asia-Pacific region.[8] NIIT and its subsidiaries annual revenue of INR 11,486 million as of 2009.[9]

NIIT Technologies

NIIT Technologies (BSE: 532541) is a Global IT solution organization headquartered in New Delhi, India. It was established in 2004 when split with NIIT Limited happened. According to NASSCOM NIIT technologies is ranked among India's Top 20 IT software service exporter. It follows global standards of development, which includes ISO 9001:2000 certification, assessment at Level 5 of both SEI-CMMi version 1.2 and People-CMM frameworks and ISO 27001 information security management certification. Its data centre operations are assessed at the international ISO 20000 IT management standards.[10] NIIT Technologies has alliance with global IT players such as Computer Associates, IBM, Microsoft, Metalogic, SAP AG, Cisco Systems, Oracle Corporation and Seec. At present NIIT Technologies is involved in four sectors legacy modernization and maintenance, knowledge management solution ,customized SW solution and enterprise integration The company has been catering to selected industries such as:

Acquisitions
  • It has acquired German based company Softech, which serves small and medium airlines operations.
  • NIIT Technologies also acquired UK-based company ROOM Solution late in 2006-2007.[11]
  • In 2006, it acquired US-Based learning solution provider Element K[12]

It has two subsidiaries, NIIT SmartServe Limited and NIIT GIS Limited, which provide business process outsourcing and GIS solutions, respectively. NIIT Technologies annual revenue of INR 9,799 million as of 2009.[3]

Timeline

  • 1981: NIIT was established by Rajendra S. Pawar and Vijay K. Thadani to cater IT education and training in India[13]
  • 1982: Setup educational centers in Mumbai and Chennai[14]
  • 1982: Introduced Multimedia technology in education
  • 1983: Corporate training program introduced
  • 1983: It setup education center in Bangalore
  • 1984: IT consultancy service stated
  • 1985: Head Office integrated in New Delhi
  • 1986: Software product distribution started under "Insoft" brand
  • 1987: Education centers setup in Kolkata and Hyderabad
  • 1987: Conceived Franchising Model of education
  • 1989: Dr CR Mitra an alumnus of MIT joined NIIT as education adviser stated and created "GNIIT" program [15]
  • 1989: Education center open in Pune
  • 1991: First overseas office setup in US
  • 1991: "Bhavishya Jyoti Scholarships" launched for meritorious and socially challenged students
  • 1992: GNIIT program started with professional practice[16]
  • 1993: Received ISO 9001 for software export [17]
  • 1993: International Revenue touched Rs 50 million
  • 1993: It becomes listed company and launched a successful IPO
  • 1995: Microsoft became partner with NIIT to provide education of Microsoft technologies
  • 1995: Revenue crosses Rs 1 billion mark
  • 1996: First overseas education center launched
  • 1996: launched "NetVarsity", the virtual University
  • 1996: Awarded ISO 9001 for Computer Education
  • 1997: It becomes world economic forum global growth company
  • 1997: NIIT collaborate with Chinese government to provide IT education in China[18]
  • 1997: It is the second Indian company after HCL Technologies that have granted special status in Malaysia Multimedia Super Corridor [19]
  • 1997: NIIT stated scholarship for economically under challenged children[20]
  • 1997: Unique distinction puts NIIT into first list of 21st Global companies[21]
  • 1997: Education center crosses 500 mark
  • 1997: NIIT becomes World Economic Forum global growth company
  • 1998: The company's market capitalization crosses US$1 billion mark
  • 1999: Achieved the status of Microsoft's best training partner in Asia
  • 1999: NIIT and its subsidiaries global revenue reached Rs 8.8 billion [22]
  • 2000: Education centers crosses 2000 mark
  • 2000: Oracle Corporation became exclusive partner with NIIT Ltd to provide education on Oracle technologies specially on Oracle Database [23]
  • 2000: NIIT invested on OneWeb System an US base company
  • 2000: NIIT ltd collaborated with Sun Microsystems on "iForce initiatives on computing giant" [24]
  • 2000: NIIT built knowledge products for Macmillan US$10.6 Million [25]
  • 2001: NIIT ties-up with Citibank and International Finance Corporation to provide student loans for middle class and lower middle class families[26]
  • 2001: Microsoft awarded NIIT the "Best Training Company Award"[27]
  • 2001: NIIT and Mahindra & Mahindra Limited were out of Bombay Stock Exchange, instead Hero Honda and HCL Technologies came in[28]
  • 2002: NIIT Ltd. ties up with US based ITT Educational Service to offer four years Bachelor's degree to Indian students[29]
  • 2002: It opened 15 new Information technology training centers in China which would cater high-ebd training[30]
  • 2004: NIIT Technologies started offering Geographic Information Systems (GIS) to its clients[31]
  • 2004: NIIT and worlds largest chip maker Intel signed a deal to use technology-assisted learning in school[32]
  • 2005: German based software company SAP AG and NIIT Technologies tied up to implement software projects for government and public sectors[33]
  • 2005: Intel and NIIT ltd join together to train software professional on Intel architecture[34]
  • 2006: Sun Microsystems ties up NIIT to provide specialized training for students in programming platform such as Java and Solaris[35]
  • 2006: Launched of new institute called NIIT Imperia which would provide three certificate programmes from Indian Institutes of Management[36]
  • 2006: It grabbed multi-million dollar project by partnering with Singapore's Defence Science and Technology Agency (DSTA) to provide outsourcing development to the Singapore Government [37]
  • 2008: NIIT Ltd entered into alliance with Infospectrum India Pvt Ltd to cater Education Research and Planning (ERP) solution tolls with its school learning solution[38]
  • 2009: In 2009 NIIT started new "NIIT University" campus in Neemrana, Rajasthan offering more post graduation level courses.[39]
  • 2009: Chinese Society of Educational Development Strategy (CSEDS) awarded NIIT Ltd for IT Training Brand in China[40]

Business units

NIIT has organized itself along the following three lines of business:

  • School Learning Solutions - this provides training and learning solutions to government and to private schools.
  • Corporate Learning Solutions- this division provides training services such as off the shelf learning library, custom content development, customized instructor led training and training administration services. Element K a US company, acquired by NIIT in 2006, forms about two thirds of the sales from this division.

Key industries

NIIT Technologies mainly focuses on well-defined key sectors of industry:

  • Banking & Financial Services
    • Retail Banking
    • Wholesale Banking
    • Investment Management
    • Risk and Compliance Offerings
    • Business Testing Frameworks[1]
  • Insurance
    • Channel and Customer Interface Solutions
    • Core Insurance Business Processes
    • Enabling Insurance Business Processes
    • Regulatory Compliance and Tax Environments
    • Intellectual Property-Solutions and Solution Accelerators
    • Value Added Services[1]
  • Travel Transportation and Logistics
    • Airlines and Travel Distribution
    • Airports
    • Surface Transport
    • BPO
    • Integrated BPO[1]
  • Retail Distribution
    • e-Business
    • e-Procurement
    • SAP retail[1]

NIIT's key initiatives

NIIT Institute of financial banking (IFBI), formed with equatity participation with ICICI Bank, which offers programs to develop talent in banking industry.[41]

Later NIIT offer Turkey integration program for schools and cater computer base training to over 5000 government schools.

NIIT's corporate learning solutions, it offers corporate learning solution to Fortune 500 companies, Universities, technological companies, training corporation and publishing companies.

Element K delivers learning solutions for customers and partners through a tailored solution through catalog learning products, technology and services. It offers Virtual lab (hand-on-labs), instructor led course ware, comprehensive journals and e-libraries.[42]

NIIT Imperia collaborated with KPMG India to cater advanced certified program upon International Financial Reporting Standards (IFRS). This program is generally obtained within six week and is meant to assist companies from Indian General Accepted Accounting Principals to IFRS.[43]

Global training centers

Indian training centers

NIIT has training and educational centers in the following Indian states: Andhra Pradesh, Assam, Bihar, Chandigarh,Chhattisgarh Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Orissa, Pondicherry, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal.[44]

Global Units

Competitors

School Learning Solutions competes in the e-learning market with a number of local players including Everonn Education, Manipal K12 Education, and Educomp as well as other players like Trijit, HMSC Learning a joint-venture between S.Chand and Houghton Mifflin Harcourt's international arm EMPGI.

See also

Notes and references

  1. ^ a b c d e "NIIT Technologies Industry Solutions" (aspx). NIIT Technologies. http://www.niit-tech.com/industry.aspx?path=4. Retrieved 1 October 2005. 
  2. ^ "IT Services provided by NIIT". 2009-07-18. http://www.niit-tech.com/services.aspx?path=5. Retrieved 2009-07-18. 
  3. ^ a b "Financial Tables". NIIT Technologies ltd Investor Relations. http://www.niit-tech.com/edocs/Annual-Report-2009.pdf. Retrieved 2009-01-23. 
  4. ^ "NIIT Global Learning Solution". NIIT. June 30, 2008. http://niit.com/aboutniit/Pages/GlobalLearningServices.aspx. Retrieved 2007-10-16. 
  5. ^ TOI Website: [1] (URL last accessed on July 14, 2009)
  6. ^ "Management Team – Founders and Their History". NIIT. June 28, 2006. http://niit.com/aboutniit/Pages/ManagementTeam%E2%80%93Founders.aspx. Retrieved 2007-10-16. 
  7. ^ Media Released May 26, 2009 Website: [2] (URL last accessed on July 18, 2009)
  8. ^ Website: [3] (URL last accessed on August 05, 2009)
  9. ^ "NIIT Limited and its subsidiaries Fiscal Year 2009 Earnings". NIIT Limited. 2009-07-27. http://www.niit.com/investorrelations/Consolidated%20Results/AnnualReport08-09.pdf. Retrieved 2009-07-27. 
  10. ^ Media Released May 26, 2009 Website: [4] (URL last accessed on July 14, 2009)
  11. ^ TOI website: [5] (URL last accessed on July 14, 2009)
  12. ^ "NIIT acquired US-Based company Element K". The Economic Times. June 28, 2006. http://economictimes.indiatimes.com/articleshow/1820821.cms. Retrieved 2007-10-16. 
  13. ^ "Academic Alliance". MMBL Cyber skills. June 30, 2009. http://cyberskills.lk/partnerships/academic-alliances#more-9. Retrieved 2007-10-16. 
  14. ^ "Schooling for the millions in emerging information economies is the challenge of Rajendra Pawar's renewed NIIT". Forbes. June 30, 2007. http://www.forbes.com/global/2007/1224/028.html. Retrieved 2007-10-16. 
  15. ^ "Federation of Jain Institute". June 30, 2008. http://www.fjei.org/html/pressupdates.asp?id=89. Retrieved 2007-10-16. 
  16. ^ "NIIT Campus about most popular GNIIT program". June 30, 2008. http://www.niitatcampus.com/info/NIIT_Advantage.aspx. Retrieved 2007-10-16. 
  17. ^ "Received ISO". NIIT. June 30, 2008. http://www.niit.com/SERVICES/SOLUTIONFORCORPORATES/TRAINING%20OUTSOURCING/Pages/Quality.aspx. Retrieved 2007-10-16. 
  18. ^ "NIIT ties-up with Chinese Government". Rediff on the net. June 30, 2008. http://www.rediff.com/computer/jun/19niit.htm. Retrieved 2007-10-16. 
  19. ^ "NIIT enters Malaysian 'Multimedia Super Corridor'". Rediff on the Net. June 30, 2008. http://www.rediff.com/computer/sep/02niit.htm. Retrieved 2007-10-16. 
  20. ^ "NIIT's scholarship offers scope for the economically challenged". The Financial Express. September 29, 1997. http://www.expressindia.com/news/fe/daily/19970929/27255393.html. Retrieved 2007-10-16. 
  21. ^ "NIIT builds defence software for Singapore". Rediff on the net. November 20, 1997. http://www.rediff.com/computer/nov/20singap.htm. Retrieved 2007-10-16. 
  22. ^ "NIIT's global revenues up 36 per cent to Rs 8.8 billion". Rediff on the Net. October 16, 1998. http://www.rediff.com/computer/1999/oct/16niit.htm. Retrieved 2007-10-16. 
  23. ^ "http://www.thehindubusinessline.com/2000/03/08/stories/150839i2.htm". The Hindu Business Line. March 08, 2000. http://en.wikipedia.org/wiki/List_of_newspapers_in_the_World_by_circulation. Retrieved 2007-10-16. 
  24. ^ "NIIT teams up with Sun for iForce initiative". The Hindu Business Line. June 16, 2000. http://www.hindu.com/businessline/2000/06/16/stories/1416395s.htm. Retrieved 2007-10-16. 
  25. ^ "NIIT bags order from Macmillan". Rediff.com. June 30, 2000. http://www.rediff.com/money/2000/aug/17niit.htm. Retrieved 2007-10-16. 
  26. ^ "Citibank, IFC, NIIT team up for student loans". Indian Express Newspaper. February 24, 2001. http://www.expressindia.com/news/fe/daily/20010224/efe23003.html. Retrieved 2007-10-16. 
  27. ^ "Award for NIIT". The Hindu. June 06, 2001. http://www.hindu.com/2001/06/06/stories/0606000d.htm. Retrieved 2007-10-16. 
  28. ^ "M&M, NIIT out; Hero Honda, HCL in". The Hindu. November 25, 2001. http://www.thehindubusinessline.com/2001/11/25/stories/02251895.htm. Retrieved 2007-10-16. 
  29. ^ "NIIT, US Co. tie up for four-yr degree course". ExpressIndia.com. June 30, 2008. http://www.expressindia.com/news/fullstory.php?newsid=13433. Retrieved 2007-10-16. 
  30. ^ "NIIT to set up 15 centres in China". Rediff News. June 30, 2008. http://www.rediff.com/money/2003/jul/01niit.htm. Retrieved 2007-10-16. 
  31. ^ "NIIT set for GIS global launch". techtree.com. February 05, 2004. http://www.techtree.com/India/News/NIIT_set_for_GIS_global_launch/551-51098-547.html. Retrieved 2007-10-16. 
  32. ^ "Intel, NIIT to boost tech learning". Rediff News. November 22, 2004. http://in.rediff.com/money/2004/nov/22intel.htm. Retrieved 2007-10-16. 
  33. ^ "NIIT Tech, SAP tie up for government services". The Times of India. February 09, 2005. http://timesofindia.indiatimes.com/articleshow/1016230.cms. Retrieved 2007-10-16. 
  34. ^ "NIIT to train techies on Intel platform — Programme to be rolled out later in Asia-Pacific". Business Line. August 19, 2005. http://www.thehindubusinessline.com/2005/08/19/stories/2005081901780400.htm. Retrieved 2007-10-16. 
  35. ^ "Java green: NIIT, Sun join forces for training programs". Access my Library. May 31, 2006. http://www.accessmylibrary.com/article-1G1-146521739/java-green-niit-sun.html. Retrieved 2007-10-16. 
  36. ^ "NIIT enters management education". The Economic Times. September 16, 2006. http://economictimes.indiatimes.com/News/News_By_Company/N_Companies_/NIIT/NIIT_enters_management_education/articleshow/1984895.cms. Retrieved 2007-10-16. 
  37. ^ "NIIT partners Singapore co, bags Govt deal". Business Line. October 05, 2006. http://www.thehindubusinessline.com/2006/10/05/stories/2006100502050400.htm. Retrieved 2007-10-16. 
  38. ^ "NIIT ties up with Infospectrum for research solutions". Sify Business. June 24, 2008. http://sify.com/finance/fullstory.php?id=14701578. Retrieved 2007-10-16. 
  39. ^ "NIIT University Campus, a breakthrough innovation". The Economic Times. April 05, 2009. http://economictimes.indiatimes.com/Features/The-Sunday-ET/NIIT-University-Campus-a-breakthrough-innnovation-/articleshow/4360261.cms. Retrieved 2007-10-16. 
  40. ^ "NIIT honoured as the most Influential IT Training Brand in China". Equity Bulls. September 30, 2009. http://www.equitybulls.com/admin/news2006/news_det.asp?id=60946. Retrieved 2007-10-16. 
  41. ^ "IFBI career". India Study Channel. March 25, 2000. http://www.indiastudychannel.com/resources/84441-IFBI-career-oriented-programs-now-come-with-NIIT-s-Bhavishya-Jyoti-scholarship.aspx. Retrieved 2009-04-12. 
  42. ^ "NIIT accuals Element K". Business Publications. March 25, 2000. http://findarticles.com/p/articles/mi_qa5402/is_200609/ai_n21399822/. Retrieved 2009-04-12. 
  43. ^ "KPMG and NIIT Imperia collaborate to launch Advanced Certificate Program on IFRS". Press Released. November 05, 2009. http://press-releases.techwhack.com/42626-niit-imperia. Retrieved 2007-10-16. 
  44. ^ Sun_India Website: [6] (URL last accessed on July 14, 2009)
  45. ^ TOI website: [7] (URL last accessed on July 14, 2009)

External links


Template:Pov

NIIT
Type Public BSE: 500304 , NSE4514113
Founded 1981
Headquarters 85 Sector 32, Gurgaon - 122 001 Template:Country data IND India
Key people Rajendra S. Pawar (Chairman & Co-founder)
Vijay K. Thadani (Chief Executive Officer)
P. Rajendran (Director & Chief Operating Officer)
Industry Training and Education in IT
Products

BPO, Banking, Financial Services, Insurance, Schools, Application Development Management, Package implementation,

Platform Based Services
Revenue Template:Profit US$500 million (in FY 2007-08)
Employees 4,900 (As on 31 December, 2008)
Website www.niit.com
www.niit-tech.com/

NIIT is a global education and training company based in New Delhi, India. Founded by Rajendra S. Pawar and Vijay K. Thadani in 1981, the company now provides IT and business training in over 40 countries. NIIT established IT education and training in India more than two decades ago.[1][2]NIIT has been recognized as Asia's largest IT training institution and has become the top 15 global head of education and training business.[3]

In 2004 IIT Delhi and NIIT would introduce an rigorous programme in bioinformatics sector. Bioinformatics would be provide at IIT and the IT modules would provide at NIIT centers. NIIT also tie up with with various universities which would cater in IT degree cources.[4]

Contents

Polarization

In 2004 , NIIT was polarized into two groups one is NIIT Limited, which focuses on the training and education in IT segment, and another which is known as NIIT Technologies concentrates on IT Services company.[5]

NIIT Technology

NIIT Technology was actually established in 2004 when split with NIIT Limited. According to NASSCOM NIIT technology is ranked among India's Top 20 IT software service expoter. NIIT Technologies follows global standards of development, which includes ISO 9001:2000 certification, assessment at Level 5 of both SEI-CMMi version 1.2 and People-CMM frameworks and ISO 27001 information security management certification. Its data centre operations are assessed at the international ISO 20000 IT management standards.[6]The company has ranked in BSE and NSE since 2004.[7]The company has been catering in different selected industry such as:

Acquirement

  • NIIT Tecnologies has acquired German based company Softech. Softech had been catering for around small and medium airlines operation .
  • NIIT Tecnologies also acquired UK based company ROOM Solution late in 2006-2007.[8]

NIIT Technologies has two subsidiaries -- NIIT SmartServe Limited and NIIT GIS Limited offer business process outsourcing and GIS Solutions, respectively.

Business Units

NIIT has organized itself along the following three lines of business:

  • School Learning Solutions - this provides training and learning solutions to government and to private schools.
  • Corporate Learning Solutions- this division provides training services such as off the shelf learning library, custom content development, customized instructor led training and training administration services. Element K a US company, acquired by NIIT in 2006, forms about two thirds of the sales from this division.
  • NIIT Technologies, one of the biggest software firms in India, has collaborated with SAP AG to implement public sector units and software projects for government institutions.[9]
  • NIIT Technologies supply services to US, Europe, Japan, Asia Pacific and India.
  • NIIT Ltd and Oracle Corporation Software India have forged an alliance to provide comprehensive training on oracle technologies. Who ever can complete oracle certification would have the opportunities to quality as the Oracle Certified Application Developer.

NIIT rode to its top position on the basis of GNIIT which is a multi track course for individual GNIIT

Global Training Centers

Indian Training Centers

NIIT has training and educational centers in the following Indian states: Andhra Pradesh, Assam, Bihar, Chandigarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Orissa, Pondicherry, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal.[11]

Global Units

North America: USA, Canada, Mexico[12]

South America: Peru

Europe: UK, Ireland, Kazakhstan, Turkey

Oceanian : Australia, New Zealand

Asia (Outside India): China, Indonesia, Malaysia, Nepal, Philippines, Sri Lanka, Vietnam, Bahrain, Iran, Oman, Qatar, Yemen

Africa: South Africa, Nigeria, Ghana, Morocco, Sudan, Zimbabwe, Mauritius

See also

References

  1. "About NIIT > Overview". http://niit.com/aboutniit/Pages/Overview.aspx. Retrieved on 4 July 2009. 
  2. "Management Team - Founders". http://niit.com/aboutniit/Pages/ManagementTeam%E2%80%93Founders.aspx. Retrieved on 7 July 2009. 
  3. Website: [1] (URL last accessed on April 29, 2009)
  4. [2] (URL last accessed on April 14, 2009)
  5. TOI Website: [3] (URL last accessed on July 14, 2009)
  6. Media Released May 26,2009 Website: [4] (URL last accessed on July 14, 2009)
  7. [5] (URL last accessed on April 14, 2009)
  8. TOI Website: [6] (URL last accessed on July 14, 2009)
  9. TOI Website: [7] (URL last accessed on July 14, 2009)
  10. [8] (URL last accessed on April 29, 2009)
  11. Sun_India Website: [9] (URL last accessed on July 14, 2009)
  12. TOI Website: [10] (URL last accessed on July 14, 2009)

External links

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