Employment has developed immensely due to IT companies. Most of the engineers show interest in Computer Science and IT companies like IGATE because of the vast job opportunities. Since technology is not slowing down anymore, IT has great potential.
The IT industry is not reaching a saturation point shortly. Many people predict there might be a sudden pause in the growth but the continuous need for better services is not going to stop any sooner. Many IT companies are emerging out around the world. They are coming up with better solutions every day. Data transfer, cloud computing, consultancy services, etc are major demands in today’s world.
IGATE
IGATE is one of the oldest IT service companies. Co-founded by Ashok Trivedi and Sunil Wadhwani, the company was established in 1996 in New Jersey, U.S. Capgemini, a French-IT company acquired IGATE in 2015.
Ashok Trivedi
Born into a family in Lucknow, Ashok Trivedi completed his Bachelor’s and Masters from the University of Delhi. He went to the United States to complete his MBA from Ohio University. He also attended a program at Harvard Business School.
Ashok stepped into the professional world with Unisys Corp in 1976. In 1988, Ashok co-founded Mastech (parent company of IGATE) with Sunil Wadhwani. He received the Entrepreneur of the Year by Ernst and Young. Ashok is also the recipient of the Banyan Tree Award and Lifetime Achievement Award.
Ashok Trivedi is always known as an angel investor. He is a part of the Indian Angel Network and Managing Partner at SWAT Capital.
Ashok has founded Trivedi Family Foundation in 2015 and co-founded Ashoka University.
Sunil Wadhwani
Sunil Wadhwani has been born and brought up in Mumbai. He is an engineer who received his B. Tech degree from IIT Madras. Graduated in 1974 with a degree in Mechanical Engineering he went to Carnegie Mellon University to study industrial administration.
Sunil founded UroTec Systems in 1981 and became the President and CEO of the company. His next business was Mastech with Ashok Trivedi.
Sunil is also a well-known philanthropist. In 2014, he has founded the WISH Foundation to provide healthcare facilities in low-income areas of India. Sunil Wadhwani along with his brother Romesh Wadhwani founded Wadhwani Institute for Artificial Intelligence in 2018. The foundation has collaborated with some of the famous universities in the world.
History of IGATE
Ashok and Sunil established Mastech Systems Corporations in 1988. Initially, IGATE was a subsidiary of the Mastech (now Mastech Digital). Ten years after its establishment, the company exclusively provided IT services to companies across the map.
The company started growing very fast in early 2000. It expanded to thirty-four different countries which included North America, Europe, and Asia. India became IGATE’s largest market and the revenue summed up to $1.2 billion.
A Big Acquisition
How often it happens that a company acquires a business three times larger its size. In 2011, IGATE acquired Patni Computer Systems for $1.2 billion. The company bought a 63% stake in Patni. It was quite impressible for a company way smaller than Patni.
Under the supervision of these great co-founders, IGATE grew big from nothing and created big news.
Capgemini
Capgemini is a French-IT conglomerate that provides consultancy, outgoing and professional services. Founded in 1967, the company today has over 2, 00,000 employees. It provides services in more than 40 countries. 50% of employees of the company are Indian.
Capgemini acquired IGATE on 1st July 2015. Paul Hermelin, CEO of Capgemini said that he acquired the company to set new operations in the market of North America. IGATE had 31,000 employees during the acquisition.
Other than IGATE, Capgemini’s other subsidiaries are Sogeti, LiquidHub, and Altran.
IGATE Today
In 2014, IGATE has won the VCCircle Award for best PE/VC backed IT Company of the Year 2013. It acquired the 51st position in Fortune’s Top 100 Fastest-Growing Companies.
IGATE is a global service provider. The main services of the company are investment strategies, business process outsourcing, and services related to it. IGATE is currently working in telecommunication to improve voice infrastructure and voice quality.
IGATE focuses on the quality of service. They follow the principle of providing better services to the customers over new products as one bad experience can cause a huge loss of business.
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more