NIIT

1
NIIT
NIIT Limited
Be more ambitious.
Type Public
Traded as
BSE:500304
[1]
NSE:NIITLTD
[2]
Industry For-profit education
Founded 1981
Founder(s) Rajendra S. Pawar
Vijay K. Thadani
Headquarters Gurgaon, India
Key people Rajendra Singh Pawar (Chairman &
MD)
Vijay Kumar Thadani (CEO)
Services Education and training solutions
Revenue 708 crore (US$120million) (2013)
Employees 3,324 (2013)
Website
NIIT.com
[3]
NIIT Limited is an Indian company based in Gurgaon, India that operates several for-profit higher education
institutions. The company describes itself as a global talent development company and offers learning and
knowledge solutions globally to individuals, enterprises and institutions in information technology, business process
outsourcing, banking finance and insurance, executive management education, school education, communication and
professional life skills, and vocational skills training.
In 2004, the IT services business of NIIT was demerged into a separately listed company NIIT Technologies.
[4]
NIIT
Limited now focuses on Education and Training in Schools, Vocational Training for Services Sectors, and Corporate
Training. NIIT Limited owns 23.98% of NIIT Technologies.
History
NIIT was established in 1981 by Rajendra S. Pawar and Vijay K. Thadani, graduates from IIT.
NIIT Technologies acquired UK-based company ROOM Solution in 20062007.
[5]
In 2006, it acquired US-based learning solution provider Element K.
In 2011, it sold Element K.
NIIT has two subsidiaries, NIIT SmartServe Ltd. and NIIT GIS Ltd., which provide business process outsourcing
and GIS solutions (NIIT has an affiliation with ESRI for this business), respectively. NIIT Technologies had annual
revenue of INR 9,799 million as of 2009[6].
NIIT University is sponsored by NIIT Limited.
[7]
NIIT
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Competitors
There are many online education organisations in India. Of those, Educomp Solutions, EdServ Softsystems Limited,
Everonn Education and Aptech are NIIT's main competitors.
Timeline
1981: NIIT was established by Rajendra S. Pawar and Vijay K. Thadani to optimise on the opportunity of
booming IT education and training in India
1982: Setup educational centres in Mumbai and Chennai
1982: Introduced Multimedia technology in education
1983: Corporate training program introduced
1984: IT consultancy service started
1986: Software product distribution started under "Insoft" brand
1987: Conceived Franchising Model of education
1989: Dr CR Mitra an alumnus of MIT and former Director of BITS Pilani joined NIIT as education adviser
stated and created "GNIIT" program
1991: First overseas office set up in US
1991: "Bhavishya Jyoti Scholarships" launched for meritorious and socially challenged students
1992: GNIIT program started with professional practice
1993: Received ISO 9001 for software export
1993: Listed on BSE
1995: NIIT tied up with Microsoft to provide education of Microsoft technologies
1996: First overseas education center launched
1996: Launched "NetVarsity", the virtual University
1996: Awarded ISO 9001 for Computer Education
1997: NIIT stated scholarship for economically under challenged children
1997: Unique distinction puts NIIT into first list of 21st Global companies
1999: Achieved the status of Microsoft's best training partner in Asia
2000: Tied up with Oracle Corporation to provide education on Oracle technologies specially on Oracle Database
2000: Collaborated with Sun Microsystems on "iForce initiatives on computing giant"
2001: Microsoft awarded NIIT the "Best Training Company Award"
2004: NIIT Technologies started offering Geographic Information Systems (GIS) to its clients
2004: NIIT and Intel signed a deal to use technology-assisted learning in school
2005: Germany based software company SAP AG and NIIT Technologies tied up to implement software projects
for government and public sectors
2006: Sun Microsystems tied up NIIT to provide specialised training for students in programming platform such
as Java and Solaris
2006: Launched two new businesses called NIIT Imperia which would provide three certificate programmes from
Indian Institutes of Management and IFBI Institute of Finance Banking and Insurance (NIIT IFBI)
2008: Entered into alliance with Infospectrum India Pvt Ltd to cater Education Research and Planning (ERP)
solution tolls with its school learning solution
2009: Founded and commenced new "NIIT University" campus in Neemrana, Rajasthan offering more post
graduation level courses.
2009: Chinese Society of Educational Development Strategy (CSEDS) awarded NIIT Ltd for IT Training Brand
in China
2013: NIIT enters Test Preparation Market with CTET Coaching
NIIT
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Business units
NIIT is organised along the following three lines of business:
1. Individual Learning Solutions This focuses on providing employability skills to people in the age group of
1625 years. IT training forms the bulk of this segment. In recent years it has launched new offerings for training
in Banking, Insurance and Financial services through IFBI
[8]
, NIIT Imperia Executive Management Programs
through NIIT Imperia and training in skills for BPO/KPO sectors through NIIT Uniqua.
2. School Learning Solutions this provides training and learning solutions to government and to private schools.
3. 3. Corporate Learning Solutions - this division provides training services such as off the shelf learning library,
custom content development, customised instructor led training and training administration services. Element K a
US company, acquired by NIIT in 2006.
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
Insurance
Channel and Customer Interface Solutions
Core Insurance Business Processes
Enabling Insurance Business Processes
Regulatory Compliance and Tax Environments
Intellectual Property-Solutions and Solution AcceleratorsWikipedia:Please clarify
Value Added Services
Travel Transportation and Logistics
Airlines and Travel Distribution
Airports
Surface Transport
BPO
Integrated BPO
Retail Distribution
e-Business
e-Procurement
SAP retail
NIIT
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Key initiatives
NIIT Institute of Financial banking (IFBI) was formed with equity participation from ICICI Bank, which offers
programs to develop talent in banking industry.
NIIT offers turnkey integration programs and computer-based training to over 5000 government schools through its
NIIT K-12 business division, comprising NIIT nguru
[9]
and NIIT Solutions for School
[10]
.Wikipedia:Link rot
NIIT's corporate learning solutions caters to Fortune 500 companies, universities, and technology, training, and
publishing companies.
NIIT Imperia collaborated with KPMG India to offer advanced certified programs on International Financial
Reporting Standards (IFRS). These programs are generally six weeks long and are meant to assist companies in
migrating from Indian General Accepted Accounting Principals to IFRS.Wikipedia:Citation needed
Indian training centres
NIIT has training and educational centres in the following Indian states and union territories: Andhra Pradesh,
Assam, Bihar, Chandigarh, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir,
Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Odisha, Puducherry, Punjab, Rajasthan,
Tamil Nadu, Tripura, Uttar Pradesh and West Bengal.
[11]
Notes and references
[1] http:/ / www. bseindia. com/ stock-share-price/ x/ y/ 500304/
[2] http:/ / www. nseindia. com/ marketinfo/ companyinfo/ companysearch. jsp?cons=NIITLTD& section=7
[3] http:/ / www. niit. com
[4] TOI Website: (http:/ / timesofindia.indiatimes.com/ business/ india-business/ niit-ready-for-split-formula-finalised/ articleshow/ 757198.
cms) (URL last accessed on 14 July 2009)
[5] TOI website: (http:/ / www. niit-tech.com/ aboutus. aspx?path=3/ 11& cnt=7& cnt3=1) (URL last accessed on 14 July 2009)
[6] http:/ / en. wikipedia. org/ w/ index. php?title=NIIT& action=edit
[7] http:/ / www. niituniversity.in/ overview/ the-niit-legacy/
[8] http:/ / www. ifbi.com
[9] http:/ / www. niitnguru.com/ Pages/ Home.aspx
[10] http:/ / www.niit.com/ services/ SolutionsforSchool/ Pages/ SolutionsforSchool. aspx
[11] Sun_India Website: (https:/ / www.suntrainingcatalogue. com/ eduserv/ im/ en_IN/ Sun_India_NIIT. pdf) (URL last accessed on 14 July
2009)
External links
Official website (http:/ / www. niit. com/ )
Article Sources and Contributors
5
Article Sources and Contributors
NIIT Source: http://en.wikipedia.org/w/index.php?oldid=617171283 Contributors: Aaditya 7, AlanM1, Altar, Amitdhama, Anthony Appleyard, Asingh74, Astronautics, Bikashupadhyaya,
Bobak, C45207, Captain-n00dle, Chris the speller, ChrisGualtieri, Chzz, Crypticbird, Cybercobra, Denisarona, Dindiz, Doniago, Dougweller, Drmies, Durova, EagleFan, ElKevbo, Enigmaman,
Evano1van, Faizan, For Loop, Fraggle81, Fratrep, Freakmighty, Free 3rhym, FunsoAkin, Ged UK, Gedetbasumatary, Geetanjaliexcelsior, Goodwillrising, Hemanshu, Jack Greenmaven, Jeet698,
Jeffq, John of Reading, Jon the Geek, Jovianeye, Ke4roh, Kkm010, KuwarOnline, LeoFrank, MER-C, MKar, Madmungi, Magicmat, Materialscientist, Mean as custard, MikeDogma, Mild Bill
Hiccup, Mohitoz, Moonriddengirl, Mstrategiesinc10, Muhandes, NIITCMO, Niceguyedc, Nitin646, Nono64, Nvaracalli, Ohconfucius, PKT, Parappil Rajendran, Passengerpigeon, PigFlu Oink,
Polly, Pratik.mallya, R'n'B, RAJ123456789, RFD, Raghav Bhasin OFFICIAL, Rana7414, Reza1615, Rich Farmbrough, Rjwilmsi, Rock5410, Rprpriya, Rupali Dixit, Shyamsunder, Sita manu,
Skinsmoke, Slmnantny, SoWhy, Sortior, Sridev, Stan J Klimas, TFOWR, Tharun S Yadla, Thelearnedman, Tnxman307, Trakesht, Ukexpat, Uptodateinfo, Uridhima ujala, Utcursch,
Vanamonde93, Vensatry, Vespadriver, WeisheitSuchen, Welsh, Who then was a gentleman?, Woohookitty, Yahoo468, Yworo, ZooFari, , 304 anonymous edits
Image Sources, Licenses and Contributors
File:NIIT logo.svg Source: http://en.wikipedia.org/w/index.php?title=File:NIIT_logo.svg License: Public Domain Contributors: NIIT
File:Indian Rupee symbol.svg Source: http://en.wikipedia.org/w/index.php?title=File:Indian_Rupee_symbol.svg License: Public Domain Contributors: Orionist
License
Creative Commons Attribution-Share Alike 3.0
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