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About MindTree
MindTree Ltd. is global IT Solutions Company specializing in IT Services, Independent Testing,
Infrastructure Management and Technical Support (IMTS), Knowledge Services and Product Engineering.
MindTree was named among the Top 30 offshore service providers by the International
Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on
human capital development, MindTree has been consistently rated among the most admired
employers by several industry surveys, including Great Places To Work Institute, Hewitt
Associates and Mercer.
Key Facts :
MindTree was started in 1999 by 10 industry professionals who came from Cambridge Technology Partners,
Lucent Technologies and Wipro. The founding team was led by Ashok Soota, who was at that time vice
chairman and president of Wipro, one of India's largest software companies.
It’s a publicly listed company in India , Stock Price: Rs 542.90 was BSE Closing Price as on 21 jan’11, Market Cap :
Rs 2161.15 Cr.
Revenue for the FY 2009-10 was $272.3 Million, PAT $45M.
For the Third Quarter ended December 31, 2010, Revenue grew by 3.5% Quarter over Quarter (QoQ) and 21%
Year over Year (YoY) to $85.25M
9500 employees worldwide, 261 customers (45 out fortune 500)
MindTree has been involved in the creation of Bluetooth technology and is an Associate Member of the
Bluetooth Special Interest Group. Its Bluetooth protocol stack is licenced to NEC.
One of significant wins during Q1, 2010-11 was Government of India's nation-wide Unique Identification (UID)
project, called Aadhar. MindTree provides application development, maintenance and support services.
Mindtree Foundation: Officialy Incorporated in Nov 2007, The core mission of this non-profit organization is to
‘Support primary education and the cause of differently-abled people by leveraging MindTree’s leadership,
values, and resources’. (http://www.mindtreefoundation.org)
Business areas
1. IT Services
a. Application Maintenance Services
b. EAI & BPM
c. Business Intelligence
d. Business Technology Consulting : MindTree's Business Technology Consulting Group, also called the BTC
Group; is a niche team of individuals with extensive expertise on leveraging the power of technology for
business growth. We operate right at the intersection of business and technology to help organizations
define and architect the next generation IT Strategies which can then be mapped to a technology
solution deployment.
2. Independent Testing
MindTree’s Testing Business Unit offers a comprehensive suite of testing solutions for both enterprise IT and product
engineering organizations. Our offerings include test consulting, QA organization assessment, testing CoEs,
functional testing, test automation, and specialized testing services, such as performance testing, security testing,
and globalization testing.
3. IMTS
MindTree's Infrastructure Management and Technical Support (IMTS) business unit offers a comprehensive portfolio
of Consulting & Implementation Services (CIS), Managed Services (MS), Security Services (SS), and Technical Support
Services (TS) focused at improving IT operational efficiency and availability
4. Knowledge Services
MindTree is in the business of helping companies turn Data into Information and Information into Knowledge. We
combine Data, Business Intelligence, and Analytics offerings under one roof for our customers. MindTree specializes
in delivering analytics in the areas of Sales and Marketing, Risk, Operations, and HR. MindTree brings in a unique
combination of domain and functional expertise that helps reduce total cost of ownership and gain insights
5. Product Engineering
R&D Services: MindTree’s domain-specific end-to-end R&D services are designed to help organizations meet
their engineering needs, enabling them to succeed in the global market.
Software Product Engineering: MindTree provides full scale product engineering services across the
software product development life cycle ranging from consulting and application development to
technology re-engineering and product support.
Wireless Products: MindTree’s wireless products group focuses on providing white-labeled products in the
wireless telecommunications domain with high-end technology and design innovation. MindTree offers
complete ‘Ready-To-Brand’ (R2B) mobile handsets & convergence devices, wireless infrastructure
Intellectual Property (IP), subsystems and base stations to OEMs and telecom operators in the wireless
telecommunications domain.
Mindtree visual identity is a differentiator in and of itself. Unlike most corporate brand identities, ours was designed
by a differently-abled child (Cerebral Palsy) rather than a graphic designer.