KPIT Cummins

KPIT Cummins Infosystems Limited (KPIT), CMM Level 5, ISO 9001:2000, ISO27001 and BS25999:2007 certified company was incorporated on 28th December of the year 1990 as KPIT Infosystems. KPIT Cummins provides technology solutions to global clients, in the areas of Advanced Technology Solutions (ATS), Enterprise IT and Business / Knowledge Process Outsourcing (BPO /KPO) across the Manufacturing and Diversified Financial Services (DFS) industry verticals. The company geographically stretches in US, UK, Germany, France, Poland, India, Japan, South Africa and Korea. During the year 1999, the company went to public and issued Initial Public Offerings. In 2000, the company had signed an agreement with an Israel-based company, BIS, for legacy to Web transaction process, also entered into the mobile commerce space and had taken up projects in the US and Germany. The Cummins Infotech was merged with the company in the year 2002; it leads the company to known as KPIT Cummins Infosystems Limited. The company achieved the CMM 5 level in the year 2003 for its organisation processes. Further, in the year 2004, the company obtained one more quality certificate, ISO 9001:2000 was handed over to the company. In the same year of 2004, KPIT had acquired the Panex Consulting of United States of America. The company had integrated all of its off-shore facilities in Pune into state-of-the-art campus at Hinijawadi. Also in the identical year of 2005, the company had acquired in USA and in France. During the year 2006, KPIT had one more company, namely C G Smith in India. KPIT Cummins had attained Microsoft Gold Certification status in April of the year 2007 with competencies in Custom Development and Microsoft Business Solutions. The year 2007 was the very impartant year to the company, KPIT Cummins achieved the corporated mission of being a US $100 million company. In July of the year 2007, the company through its wholly owned BPO subsidiary, KPIT Cummins Global Business Solutions (GBS), had reached an understanding to partner with Cummins Inc to deliver Finance and Accounting (F&A) services to Cummins entities worldwide. KPIT Cummins had taken over substantial part of the Mechanical Design Services business of Harita TVS Technologies (known as TVS-E Technologies Ltd in India) in July 2008. The company made a strategic alliance with GemStone Systems in August of the year 2008 to offer High Performance Computing (HPC) and Cluster Management solutions to global corporations across US, India, Japan and Europe.

Hi-Tech-The Engineering services have been in the forefront of developing some of the world·s Hi-Tech products including DVB Handheld receivers. regulations and compliance norms become stringent and consumers continuously demand better features and functionalities. Manufacturing The company helps manufacturing companies leverage on past and future IT investments to capture new business opportunities and share more product information with partners. Services which offer end to end solutions not only for the customers but also for the partners range from Semiconductor Design services. Mechanical Design and Semiconductor Solutions. faster and at lower costs. In this domain it provides BPO/KPO solutions in finance and accounting domains and also in risk management. research and development services. there has been increased attention to precision.As Global oil prices continue to escalate. business intelligence consulting and business process outsourcing. there are 3 domains a. 1. Banking & and Financial services for over five decades. In the manufacturing vertical. 2. Customers and shareholders are demanding more. suppliers and customers. Diversified Financial Services KPIT Cummins has a lineage from Kirtane & Pandit Chartered Accountants (KPCA) which have been providing value added services in the areas of IT. b. Board Development & the complete suite of embedded software development. risk management and compliance consulting. It offers Automotive Electronics. This has given birth to ¶clever machines·. Enterprise IT to BPO solutions. Media players for cell phones and the world·s slimmest digital camera amongst others. To cope with such pressures. The range of service offerings for the Automotive industry extend from Engineering.Different Verticals of Business The company operates in essentially 3 verticals. Under such tight constraints. Machines that are controlled by computers and can drastically reduce operational time and costs through automation. . Automotive. Industrial-It·s an industry where crude and metal prices directly impact its topline. information systems design. or electronics controlled farming. c. This dramatically reduces time to market for products and gives them the ability to build a flab free organization. The Diversified Financial Services group has since grown to provide our customers with software engineering services. Skill sets are depleting and margins are thinning. automotive OEMs and Tier 1s are moving from High Cost Centers to Low Cost Centers (HCCs to LCCs) in a bid to build better products.

procurement. Energy & Utility corporations operate with a large inventory of disparate. budgeting. and utility asset /work management processes from multiple vendors interfaced together to support the businesses processes. Architects and Leads have deep domain knowledge of their processes and best practices. . Energy and Utilities Implementation partners for Energy & Utility with industry experience and expertise helping them strategize.3. KPIT works with Energy and Utility corporations to improve operational efficiencies. inventory. implement. build. nonintegrated systems that provide financial accounting. Our Program Managers. operate and support integrated enterprise solutions. design. payroll/human capital management. optimize asset utilization. deliver management reporting. It offers ERP and Business Intelligence Solutions. and integrate planning solutions and regulatory compliance.

Opportunities for the merged entity seem lucrative As Cummins Infotech is one of the three preferred vendors to Cummins Inc. Cummins was looking for a partner with a broad range of skills. proven software development processes. . This merger will help KPIT strengthen its position in the manufacturing vertical. which is expected to be in the range of $ 35 mn by FY 2006-07. At the same time it will also service the outsourcing needs of Cummins Inc. ability to execute large number of projects and to scale up quickly . better predictability through committed revenues and an opportunity to create a centre of excellence by integrating the partner's manufacturing expertise with KPIT's software capabilities. which currently accounts for 20 per cent of its total revenues.KPIT AND CUMMINS DEAL KPIT was looking for a partner in the manufacturing vertical who could provide domain expertise.a partner who would quickly take up the growing IT needs of Cummins globally and bring in significant cost savings. the merged entity is expected to get a chunk of the $100 mn IT budget set aside by Cummins Inc. While KPIT has a good presence in the banking and finance segment whereas Cummins Infotech has developed strengths in the area of manufacturing e-services software and lotus notes.

). KPIT and Cummins Info started working jointly since January 2002 after the Mumbai high Court sanctioned the merger. This merger will help KPIT Info to have a stronger presence in the market for manufacturing vertical and on the other hand Cummins would benefit by being serviced by a company with experience in software services. The merged entity will be renamed KPIT Cummins Infotech ltd. KPIT Infosystems has a mature delivery process that will help it effectively service the needs of Cummins Worldwide.KPIT Info offers software development. . In fact. «.will lead to good synergies in the merged entity The decade old KPIT Info has strengths in the area of BFSI whereas Cummins Infotech specializes in the discrete manufacturing sector. it is one of the three preferred vendors to Cummins Inc. and implementation of services for the BFSI. engineering and telecommunication services sector. maintenance.5 crore in FY·02. It has developed strengths in the area of manufacturing industry specific e-solutions and lotus notes. primarily to cater to the outsourcing need of the parent company (Cummins Inc. Banking related services contribute 40-50 per cent to the company·s total revenues. Deutsche bank. The company·s major clients include Unilever. It recorded revenues of Rs 6. Pepsi and Hitachi. Cummins Infotech was established in the year 2000.

remote. This agreement is expected to result in increased profitability. is in line with KPIT Cummins· stated growth strategy to sharply focus on select industries and achieve market leadership by creating best in class offerings for its global customers. OTX. Strategic Rationale The merger of Munich based In2Soft. Expanded portfolio: KPIT·s customers across US. WWH-OBD. ODX. today announced that it has completed the merger of German vehicle diagnostics and telematics specialist In2Soft Gmbh. Key highlights Capabilities in vehicle diagnostics: The worldwide automotive diagnostics market is slated to grow at a faster pace accelerated by the Euro 5/6 (Europe) and EPA (USA) regulations.KPIT In2soft Pune. internet) to several European OEMs and Tier1s. greater efficiencies and increased market share. wireless. Munich. 2010 ² KPIT Cummins (BSE: 532400. NSE: KPIT). DoIP) and offers a complete tool chain (as product) for diagnostic communication (wired. D-PDU API. October 13. Asia Pacific (APAC) and emerging markets will get access to highly advanced automotive diagnostics solutions and In2Soft·s customers will be able to leverage KPIT·s product engineering capabilities across multiple automotive sub-systems. a leading product engineering and IT consulting partner to manufacturing companies. and addition of the diagnostics . Enhanced access to OEM customers: Diagnostics is an important OEM offering. In2Soft is a leader in new standards in diagnostics (MVCI.

We are confident that our combined and complementary strengths will help us create a leadership position in the diagnostics & telematics space and accelerate growth by creating more value for our customers. We expect a very profitable synergy with In2Soft and welcome the In2Soft team to the KPIT family. Managing Director. Europe and APAC will complement our strong relationships in the German automotive industry." ´We are very happy to join KPIT Cummins which is very sharply focused on the automotive industry. KPIT Cummins said that ´Vehicle diagnostics are very high on automotive OEMs priority worldwide and we will now leverage the technology developed by In2Soft to service automotive OEMs across US and emerging markets in addition to Europe. . In2Soft. Commenting on the acquisition. MD & CEO. Kishor Patil. KPIT·s larger geographic presence across US. Strong Near-shore capabilities: This agreement will strengthen KPIT·s near-shore presence which is essential to service German and European customers.µ Guven Kivran.capability to the portfolio will provide KPIT an opportunity to deepen its relationship with German OEM customers. With In2Soft we will build a local onsite and near-shore presence which is essential for key German customers.

MVCI : Modular Vehicle Communication Interface ODX : Open Diagnostic Data Exchange OTX : Open Test sequence eXchange format D-PDU API : Diagnostic Protocol Data Unit Application Programming Interface DoIP : Diagnostics Over Internet Protocol WWH-OBD : World Wide Harmonised On-Board-Diagnosti .