Just about five percent of the revenue Mindtree makes comes in rupees, which makes it vulnerable to currency markets. Rostow Ravanan, CFO, Mindtree, explains how his office deals with highly volatile forex.
If MindTree wanted to maintain its scorching 40-percent-growth of projects, it would need an ERP system to pull it together and give decision-makers the data they needed fast.
MindTree, a global IT Solutions Company, has announced that it has been ranked 45th and also adjudged a Leader in The 2009 Global Outsourcing 100 List by the International Association of Outsourcing Professionals (IAOP).
Mindtree, a global IT and Product Engineering Services Company and KPN, the Dutch market leader in ICT services, announced their partnership to jointly invest in a flexible cloud services aggregator platform for enterprise customers.
The rebranding initiative was designed by Siegel + Gale, a brand strategy and design consultant based out of the U.S.A.
The company aims to differentiate its services by offering customers the management platform
CIO 100 Winner:: For Mindtree, gathering their best heads to participate in the company's annual planning exercise in a recessionary year seemed like a luxury. They did it with a video collaboration platform deployed across 14 countries that saved about a crore of rupees in just seven days.
As far as the larger role of IT is concerned, IT is related to knowledge and IT for India is like oil to the Middle East - only oil is a diminishing resource to which one will find a substitute.