Infotech

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Conceived with a mission to “Integrate technology and talent for the 1990s and beyond,” Infotech was formed in 1991. Infotech is now globally recognized as one of the foremost players in Engineering Design, Geographic Information and IT services.

A successful IPO in 1997 placed Infotech on the stock market radar and since then Infotech has consistently outperformed the Mumbai Stock Exchange index.

Infotech’s runaway success soon attracted the interest of globally reputed equity investors like Pratt & Whitney and Walden. In 1999, the company transformed itself from an offshore services provider to a Global IT services company through a major strategic shift. Infotech was among the first Indian software services companies to make successful acquisitions in Europe; we acquired companies in the UK and Germany, created a fully owned subsidiary in the US, and instituted the concept of "offshore services with onshore responsibility" for our customers. Subsequently, we developed a strategic partner network to serve other global markets, including Japan, Australia, the Middle East and the Asia-Pacific region.

Key Milestones

Year	Month	Content

1991	August	Infotech Enterprises was incorporated as a private limited company
1995	August	The company received its first ISO 9002 certification from BVQi London for its conversion services
1997	April	Acquisition of M/s SRG Infotech a 16-year-old local software company providing software services in oracle and Visual basic client server environments. The acquisition brought into the company the assets, customers, technologies, employees and over 500 person years of expertise
	October	Partner in Development with IBM for developing Enterprise wide Information System. Infotech Enterprises diversifies into Business software development by adding 50 developers, creating an independent profit center.
	March	Re-organized as a public limited company, IPO of Equity shares at Rs.20/- per share and listed in all major stock exchanges in India
1998	December	Infotech Enterprises signs a break-through contract to provide GIS conversion, Consulting and Mapping services worth US$ 5.5 million to Analytical Surveys, Inc. (ASI)
1999	January	Infotech Enterprises enters into an agreement with Navionics Italy the world leader in seamless marine electronic charts for digitization and Conversion services
	June	Infotech and ASI sign a long term contract for ASI to source US$ 33 million in conversion and software services from Infotech Enterprises
	July	Infotech Enterprises establishes a wholly owned subsidiary Infotech Software Solutions Inc. in the United states of America in the state of California. The Corporation is primarily engaged in the business of supplying computer software and related service
	August	Infotech Enterprises announces acquisition of European based GIS software solution company- Dataview Solutions Limited The company acquired Dataview with an upfront cash payment of US $ 1.80 million and issue of stock of Infotech for US $1.80 million over the next two years
	September	Infotech Enterprises acquires Cartographic Sciences Pvt. Mumbai- India from Analytical Surveys Inc. - US
	September	Infotech Enterprises receives an ISO 9001 for its software development services
	September	Infotech Enterprises earned the coveted Fast Track Award from Smallworld Pte. Ltd. U.K. for completion of a prestigious GIS project at Bharti Telenet Limited in a record time of five months
	November	Infotech Enterprises signed a shareholder agreement with Walden Nikko and GE Capital for issue equity/optionally convertible debentures aggregating 11,50,000 equity shares of Rs. 10/-each at a price of Rs.350/- each
2000	January	Inauguration of the state-of-the-art software development center spread across 1,30000 sq.ft. area in Infocity- Hyderabad. The state-of-the-art development center is build at an approx. cost of Rs.12 crore and can accommodate 4000 software engineers
	April	Merger of Cartographic Sciences with Infotech Enterprises Limited
	May	Infotech Enterprises entered into a Master Services Agreement with Pratt & Whitney, division of UTC Group
	October	Infotech Enterprises announces the acquisition of a German company, Advanced Graphics Software GmbH (AGS) AGS is nine-year-old mechanical engineering software and services company specializing in 3D CAD/CAM.
	November	Infotech Enterprises won a multimillion dollar GIS project from the Dutch multi-national group, FUGRO
2001	April	Infotech Europe acquires European GIS distributor Map Centric a leading independent GIS distributor in Europe
	May	Infotech Enterprises bags a contract worth US $ 7 million to provide Photogrammetry service to Triathlon a leading full fledged geomatics company in Canada
	May	Infotech ranks 5th among Top Ten Exporters from Andhra Pradesh for the Year 2000-2001
	June	Infotech Enterprises acquires a 10-acre of lands to set up a software development campus at Manikonda, Hyderabad.
	July	Infotech achieves the ISO 9001:2000 for BVQi and joins the list of top few companies in India and certainly the first company in the GIS sector
	August	Infotech Enterprises attains the coveted SEI CMM LEVEL 4 certification for its software development center at Infocity Hyderabad
	November	Infotech Enterprises receives ISO 9001:2000 for Software and Engineering Services lines of business by BVQi London
	December	Infotech Enterprises announces the opening of the state-of-the-art Engineering services facility in Bangalore - India
2002	February	Infotech Enterprises Announces strategic business relationship with Pratt & Whitney Division of United Technologies Corporation, a Fortune 100 company. Pratt & Whitney to participate with up to ~18% equity stake in Infotech, demonstrating long term partnering intent and endorsing Infotech Business competence
	April	Infotech has achieved SEI CMM Level 5 for Its Software Development & Services Division
	April	Infotech Board has recommended issue of Bonus Share at 1:1 ratio, subject to Shareholders Approval
	September	Infotech Bags The Federation Of Andhra Pradesh Chambers of Commerce & Industry (FAPPCI) best Information Technology (IT) industry of the state of Andhra Pradesh -2001-2002
2003	April	Infotech Enterprises attains the best process improvement model- “The Level 5 of the CMMi Version 1.1 for the SW/SE/SS disciplines”
	September	Infotech announces the inauguration of a new development center in Puerto Rico to provide engineering design services
	September	Infotech signs long term outsourcing contact with Bombardier Transportation to provide Engineering Services in India
2004	January	Infotech Enterprises acquires VARGIS – a GIS Company in the US
	July	Change in Business Model. Verticalization brought into place
	September	Infotech divests 51% of its stake in Infotech Aerospace Services Inc. in favor of United Technologies International Corporation
	September	Infotech was conferred with BS 7799 standards
2005	March	Infotech acquires Tele Atlas India Pvt. Ltd. Tele Atlas parent company joins as a strategic partner with preferential allotment of shares
	March	Infotech opens branch office in Singapore
	April	Infotech opens branch office in Melbourne, Australia
	May	Inaugurated Geospatial production facility at Frostburg, Maryland, USA
	September	Won a landmark GIS contract from KPN Telecom and also signs a 5-year major Engineering Design Agreement with Alstom Transport
	October	Completed 5 years of relationship with Pratt & Whitney
2006	March	Signs a major GIS contract with GE for Swisscom
	March	Attained AS9100 certification for MFG-SBI
2007	Feb	Infotech Enterprises Limited set-up a development center at Kakinada at the newly developed STPI facility
	May	Joint venture between Infotech & HAL
	June	Joint venture between Infotech & Geospace Integra
	October	Mr. Stephen N. Finger, President, Pratt Whitney, inaugurated our new facility at Manikonda, Hyderabad on 16th October
	October	Mr. Louis Chenevert, President and COO, UTC, inaugurated our new facility at Bangalore on 24th October
	October	Infotech figures in the list of ‘200 Best Under a Billion’ of Forbes Asia – a listing of 200 fastest growing companies in the Asia Pacific Region. Infotech is the first IT Services company among seventeen companies from India.
2008	March	Infotech GIS forays into Oil and Gas . Signed contract with IHS
	March	TeleAtlas extends relationship with Infotech – signs another multi year contract.
	April	Mr. B.V.R. Mohan Reddy elected Chairman , Confederation of Indian Industry (CII) Southern Region.
	May	Infotech signs a three year GIS and data management contract with Powercor, Australia & citipower limited.
	June	Mr. Krishna Bodanapu won the Hyderabad Management Association - Young Manager’s award for 2008
	July	Infotech signs an MoU with Dussault Aviation.
	July	Infotech enters a strategic partnership with Alten Group,S.A. France.
	August	BTECI (Bombardier Transportation Engineering Centre in India) completes five years.
	August	Commences operations in Japan.
	September	Infotech acquired TTM (Time to Market), forays into Hitech Industry.
	September	Won the GITA excellence award for EGIS implementation from GITA ANZ
	September	Infotech’s own facility at Noida inaugurated.
	October	Bombardier Transportation renews multi year term contract with Infotech.
	December	Inaugurated a Centre of Excellence for Terex in our Bangalore facility.
2009	January	Awarded RBNQA Performance Excellence Trophy


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