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iGATE
Type Public
Traded as NASDAQIGTE
Industry Information technology and Services
Founded 1996
Headquarters Fremont, California, United States
Area served Worldwide
Key people Gerhard Watzinger
( Interim CEO)
Revenue Increase US$ 1.0739 billion (2012)
Net income Increase US$ 97.2 million (2012)
Total assets Increase US$ 5 billion (2012)
Total equity Increase US$ 600 million (2012)
Employees 27,554 (2012)
Website www.igate.com

iGATE Corporation IGTE:US, is a NASDAQ listed US-incorporated Fremont, California-based outsourcing company with the majority of its operations in India and most of its 30,000 employees based in Bangalore. [1] [2]It's flagship company is iGATE Global Solutions in Whitefield in Bangalore, India. was founded by Ashok Trivedi. iGate Inc is an American multinational corporation which provides information technology, consulting and business process outsourcing (BPO) services. It is headquartered in Fremont, California, USA.

Customers include companies in banking & financial services; insurance & healthcare; life sciences; manufacturing, retail, distribution & logistics; media, entertainment, leisure & travel; communication, energy & utilities; federal government; and independent software vendors across the Americas, Europe- Middle East-Africa (EMEA) and Asia-Pacific.

In 2011, iGATE merged with another Indian IT services firm Patni Computer Systems in a Rs 5,560 crore (approx. $1 bn) deal.

iGATE is the brand name of iGATE Corporation and its subsidiaries.

Contents

Controversy[edit]

Royal Bank[edit]

In April 2013, Royal Bank of Canada was accused of replacing Canadian jobs and outsourcing the work to iGate India. The Canadian government has said it will review these allegations and will investigate the case. [3] This is being investigated by Human Resources and Skills Development Canada and Citizenship and Immigration Canada. The CBC News report described iGate as a multinational outsourcing firm from India. [4]

US Department of Justice Fines[edit]

On May 1st 2008 iGate was fined $45,000 for discrimination against American employees. Between May 9, 2006, and June 4, 2006, iGate placed 30 job announcements for computer programmers that expressly favored H-1B visa holders to the exclusion of U.S. citizens, lawful permanent residents, and other legal U.S. workers. [5]

Operations[edit]

Key Industry Verticals[edit]

Retail

Key Services[edit]

In addition to these, iGATE serves its customers through following Horizontal Business Units across various industries:

igate is making worlds largest gold trophy designed by amit pabuwal for igate ceo cup. google

  • User Experience Management
  • Knowledge Management
  • Cloud Computing
    • Cloud Acceleration Program
    • Cloud Based Outsourcing
    • Cloud Infrastructure Services
    • Cloud Testing Services

Offices and Development Centers[edit]

Indian Branches[edit]

iGATE has development centers and/or regional offices in the following Indian cities: Bangalore, Hyderabad, Chennai, Pune, Navi Mumbai, Mumbai, Gandhinagar, Noida Its Indian headquarters is in Bangalore, in the suburb of Whitefield.

On October 29, 2009, iGATE expanded its Global Delivery facility at its corporate campus in Whitefield, Bangalore. The new facility provides 115,000 sq.feet of additional workspace with features like LED and Solar Power lighting, an ozone-friendly air conditioning system, organic waste converter and a water recycling system.

Global Locations[edit]

Apart from India, iGATE has its branches in the following nations: United States of America, Australia, Belgium, Canada, Mexico, Malaysia, Singapore, United Kingdom, Germany, Japan, Switzerland, South Africa, Sweden with its global headquarters at Fremont, California

iGate has no more office in France since 2006 following a disciplinary action from GE (www.ge.com) requesting that all French i-Gate personnel working in GE Capital France Equipment Finance in Nanterre (92000) be removed. All French i-Gate personnel working for GE in France was then removed by end of June 2006 and their employment contracts terminated. The reason for this disciplinary action of GE againts i-GATE is because i-GATE did not comply with the rules of GE regarding background investigations on the people they were employing in France and working at GE sites.

Asia Pacific (APAC)

North America

South America

Europe, Middle East & Africa (EMEA)

iGATE Knowledge Park (formerly Patni Knowledge Park), Airoli, Mumbai

iGATE (Patni) Knowledge Park, Airoli, Navi Mumbai
Situated on 50 acres (200,000 m2) of land in the Navi Mumbai area, this campus includes facilities for software development, training, customer care, employee recreation, among others. The iGATE (Patni) Knowledge Park accommodates 17,000 professionals.[6]

Green IT-BPO centre in NSEZ, Noida

iGATE Green Building Noida


The iGATE Knowledge Centre,[7] set up with an investment of Rs. 175 crores, complements the organization's green initiatives around efficient utilization and conservation of energy, water and natural resources. Developed on Green Architecture, the centre is spread over 5 acres (20,000 m2) and has a seating capacity of over 3500.

This facility is designed and constructed as per the guidelines of LEED (Leadership in Energy and Environmental Design) India Green Building Rating System for New Construction.[8]

Awards[edit]

  • In International Association of Outsourcing Professionals’ (IAOP) 2010 Global Outsourcing 100 List:
    • Ranked No 35
    • Named best 20 Global Outsourcing Leaders in UK and for the second successive year in Canada
    • Placed as one of the Top 20 global IT companies serving the Discrete Manufacturing Industry
    • Named as a leading IT vendor for the Insurance Industry
  • iGATE Ranked No.3 in a survey conducted by Data Quest Magazine for "IT BEST EMPLOYERS".
  • CNBC-TV18 Survey ranks iGATE as No.1 employer of choice in India in IT/ITeS Sector.
  • Named as 2010 Global Services 100 provider for the third year in a row.
  • Ranked in the FINTECH 100 2010 for the third year in a row.
  • Awarded LEED (leadership in Energy and Environmental Design) Gold Certificate for new delivery facility in Bangalore, India.
  • Won the Bronze Award from the League of American Communications Professionals LLC (LACP) in the 2009 Vision Award Annual Report Competition.
  • iGATE’s printing governance solution wins the Best IT implementation of the year 2010 – Green IT category from PC Quest Magazine, India.
  • The company has been assessed at CMMI Level 5, Six Sigma methodologies and is COBIT, ISO 9001 and ISO 27001 certified
  • Won the prestigious Performance Excellence Trophy against the IMC Ramakrishna Bajaj National Quality Award Criteria 2009 in the Service Category.
  • It has been ranked the second best employer in India across all industries in the Business Today-Mercer-TNS Best Companies to Work for survey.

Competitors[edit]

iGATE's competitors in most of its business arenas are the Indian IT players such as Infosys, HCL Technologies and Wipro. It is striving to upscale itself an win projects against Multinational Corporations such as IBM, Accenture, Cognizant Technology Solutions, Tata Consultancy Services.

Merging[edit]

iGATE Patni to iGATE

After the acquisition of Patni Computer Systems in the year 2011, it started its merging process and changed its name to iGATE Patni. Then after it was changed to iGATE again on 7th May 2012.

"After breaking into the billion dollar club - helped by the 2011 Patni acquisition - iGate led by former Infosys executive Phaneesh Murthy has been pursuing an aggressive strategy to change outsourcing industry's traditional model of charging for time and effort. Instead, Murthy wants to charge for outcomes delivered, thus sharing greater risk with clients."[1]

References[edit]

  1. ^ a b "iGate caught in Canadian visa controversy over violation of immigration laws". Bangalore, India: Economic Times Bureau. 9 April 2013. 
  2. ^ Reuters (8 April 2013). "RBC under lens for outsourcing jobs to iGate".  Unknown parameter |publication= ignored (help)
  3. ^ Mehta, Diana (05 April 2013). "RBC scrambles to explain hiring practices to Canadians after contentious report". Canadian Press (Calgary Herald). 
  4. ^ Tomlinson, Kathy (6 April 2013). "RBC replaces Canadian staff with foreign workers: Axed employee blows whistle; federal government investigating". CBC News. Retrieved 6 April 2013. 
  5. ^ "#08-369: 05-01-08 iGate Mastech Inc. to Pay $45,000 in Civil Penalties to Settle Discrimination Claim:". US Department of Justice. 1 May 2008. Retrieved 6 April 2013. 
  6. ^ "Patni software park to seat 17,000". Rediff.com. Retrieved 2010-07-16. 
  7. ^ Greener Living. "GREEN SEZ IN NOIDA | Greener Living". Greenerlivingonline.com. Retrieved 2010-07-16. 
  8. ^ "Patni Inaugurates Green IT-BPO Centre in Noida : Global Growth Investors". General Atlantic. Retrieved 2010-07-16. 

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/IGATE — Please support Wikipedia.
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8447 news items

Economic Times

Economic Times
Tue, 18 Jun 2013 06:21:17 -0700

"Specifically, defendants made false and/or misleading statements and/or failed to disclose that" (i) the company's Chief Executive Officer and President 'Murthy' was involved in an improper relationship with a subordinate employee in violation of ...
 
Times of India
Tue, 18 Jun 2013 06:17:45 -0700

"Specifically, defendants made false and/or misleading statements and/or failed to disclose that" (i) the company's Chief Executive Officer and President 'Murthy' was involved in an improper relationship with a subordinate employee in violation of ...
 
Moneycontrol.com
Tue, 18 Jun 2013 09:17:26 -0700

... action suit filed against iGate over Murthy affair. iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate ...
 
Hindustan Times
Tue, 18 Jun 2013 07:58:36 -0700

The New York-Based law firm, Pomerantz Grossman Hufford Dahlstrom & Gross LLP, filed the class action lawsuit against US-based iGate Corporation and some of its officers in the US district court of Northern District of California on June 14. According ...
 
4-traders (press release)
Tue, 18 Jun 2013 17:22:06 -0700

Glancy Binkow & Goldberg LLP, representing investors of iGATE Corporation ("iGATE" or the "Company") (NASDAQ:IGTE), announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on ...
 
Fort Mills Times
Tue, 18 Jun 2013 17:26:34 -0700

Glancy Binkow & Goldberg LLP, representing investors of iGATE Corporation (“iGATE” or the “Company”) (NASDAQ:IGTE), announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on ...
 
Hindu Business Line
Mon, 17 Jun 2013 09:50:27 -0700

It seeks compensation for iGATE shareholders who were not informed about former Chief Executive Officer Murthy's relationship with one of the company's employees, according to lawyers tracking the development. In response to a Business Line query, ...

Economic Times

Economic Times
Thu, 13 Jun 2013 04:57:24 -0700

NEW DELHI: India's third largest software firm Wipro has been slapped with an over Rs 816 crore claim by tax department, becoming the latest IT company to have got such a notice after Infosys, WNS and iGate. The Bangalore-headquartered company said ...
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