BSOFT

In 1990, KPIT Cummins Infosystems was established as KPIT Infosystems, and then it became a public limited company in the year 1999. It is also focused on co-innovating domain intensive technology solutions for manufacturing companies (in both Automotive, Industrials, Hi-Tech verticals) and Diversified Financial Services that helped its customers to be more integrated, efficient, and innovative enterprises. Also, it has strength of about 4800+. KPIT Cummins Infosystems, which a global IT consulting organization that focuses on the automotive and semiconductor segments. The company presence is in countries such as the UK, the US, Germany, Poland, France, and Japan, and India. It offers free technical support for both the NGOs and small schools in Pune. Some of the top clients are HP, Cummins, Deutsche Bank, Unilever, and Renesas.

Some of the Divisions:

Manufacturing Solutions: It is a focus vertical in the Industrials, Automotive, and Hi-Tech domains.
Diversified Financial Services:The proprietary tools also include Data-on-move Suite of products such as e–purse framework, and the Mobile Payment frameworks.
Advanced Technology Solutions:In this, it focuses on automotive electronics, mechanical design, and semiconductor solutions.
Enterprise IT Solutions: In this, it focuses on both ERP and business intelligence. Also, the Business Process Outsourcing concentrates mainly on accounting, finance, and risk management.
KPIT Cummins Global Business Solutions:it is a wholly-owned subsidiary that partners Cummins in delivering finance and other accounting services to Cummins entities globally.

It has a strategic partnership with South Africa-based Business Connexion for entering the South African market. The company has two offshore development centers for Dialog Semiconductor, which is a developer of mixed-signal semiconductor solutions. Also, it is a member of the Japan Automotive Software Platform Architecture for developing and establishing a standard Japan automotive platform architecture.

Some Technology Facts of the company:

KPIT Cummins, it is an ARM Connected Community Member is certified as an ARM Approved Design Center.
The Premium Member of AUTOSAR (Automotive Open System Architecture).
The Associate member of JasPar (Japan Automotive Software Platform Architecture).
The world's second company to achieve SPICE Level 5 accreditation (or Software Process Improvement and Capability Determination).
The company successfully executed projects compliant with Safety Integrity Level (or SIL) specifications.
It's the 3rd largest party ODC (Offshore Development Center) in Automotive.
The Largest 3rd party ODC (or Offshore Development Center) in Semiconductor (for a Japanese Semiconductor giant).
Most substantial Offshore Development relationship - Multi continental, multi-technology, multi-service for the Discrete Manufacturing giant.

It is also involved in consulting expertise projects in Supply Chain Management (or SCM), Product Lifecycle Management (or PLM), Manufacturing Execution Systems (or MES), and more. It has also developed strengths in Risk Management, ERP Audits, and Compliance consultancy services and Activity-based costing among several others. It also worked with Investment and Retail banks, Asset Management, and Financial Platform institutions, along with a focus on securities services, credit cards, leasing, fund administration, and insurance. Its offerings also consist of Application Decommissioning, Maintenance, Development, Implementation, Re-engineering, and the Integration for global banks and other financial organizations. Also, the Product engineering services, network operating system development, product lifecycle development, and designing products it's analysis and optimization. Designing and developing chips–system on a chip. Analog mixed system, also provides end to end validation that ensures zero defects and excellent on ground performance.

Some of the Milestones:

1990: A group of CPAs incorporated the company.
2002: The Merger of Cummins Infotech into KPIT Infosystems formed the KPIT Cummins Infosystems Limited.
2003: It was assessed at CMM Level 5.
2004: Certification of ISO 9001:2000.
The company acquired Panex Consulting, USA.
2005: Also, Lehman brothers took an 8% stake in KPIT Cummins.
The integration of all offshore facilities in Pune into the state of the art campus took place at Hinjawadi.
The company acquired SolvCentral.com, USA.
The company acquired Pivolis.com, France.
2006: The Company acquired CG Smith, India.
2007: It achieved the corporate mission of being a $100 million company until the financial year 2006-07. Its strategic investment by Cargill ventures, a venture capital arm of Cargill Inc.
2008: The Company acquired the Mechanical Design business of Harita TVS Technologies in India.

Some of the Achievements:

It is a CMMI Level 5, ISO 9001:2000, and ISO27001 certified.
It was also rated among the five rising stars in IT by Outlook Business in May 2007.
It is also one of the world's first few companies that achieved the BS25999:2007, a Business Continuity Management Standard.
In 1995–96, the company received an outstanding achievement award from Oracle.
In 1994–95, the company received an excellence award in exports from the Government of India.

Some of the recent developments:

KPIT Cummins Infosystems and Dassault Systems (DS), the world leader for Product Lifecycle Management (PLM) software solutions, have announced a go-to-market partnership for a joint solution & business development on ENOVIA Platform.

BSOFT Share Price Chart