iGATE Global Solutions LTD
iGATE Global Solutions LTD
iGATE Global Solutions LTD
2009
iGATE Global
Solutions Ltd
iGATE Global Solutions Ltd
GAURAV BAJAJ
NITIN JAIN
SARAN P.V.R
SHALINI ASHWANI
SINDHU
Group 10
11/11/2009
iGATE Global Solutions Ltd 2009
CONTENTS
1. INTRODUCTION 3-5
2. IT SERVICES 6-7
3. PROCESS OUTSOURCING 7-8
4. iGATE ADVANTAGE 8-9
5. DISTRIBUTION CHANNELS 10-13
6. PRICING STRATEGY 14
7. MARKETING STRATEGY 15-17
INTRODUCTION
IGATE Global Solutions ltd was incorporated in 1993 with the vision to be "gold standard
integrated technology and Operations Company offering business value through innovative and
cost-efficient service delivery models to customers worldwide". Founded by Ashok Trivedi, as a
flagship company of iGATE Corporation, a NASDAQ listed, US based corporation, the company
works with 50 percent of the top 10 Global Brands and has six Developmental Centers, two BPO
Delivery Centers and Sixteen Representative Sales Offices in 15 countries across the globe.
I Gate address strategic and operational issues by focusing on productivity, quality, and
knowledge management culture and reduced cost of delivery. The network of its satisfied
clients that have benefited with the combined role of the investment strategies, technology
leverage and business outsourcing, is spread far and wide.
MISSION
iGATE
• We are committed to a 1 – 10 – 100 goal
for 2012. By the year 2012, we want to
be a billion dollar organization, we need
to engage with 100 of the global 1000
clients, and finally, we are committed to
be among the top 10 Best Employers in
India.
VISION
iGATE
Values:
IT SERVICES:
Enterprise Solutions:
Enterprises today, prefer focusing on their core business processes and outsourcing the
supporting processes to external experts. This model increases the flexibility of an enterprise to
deal with change. Thus, enterprises are becoming global value networks rather than monolithic
entities. In this model it becomes imperative to stay connected with the extended enterprise
ecosystem. Enterprise Applications and IT Services facilitate seamless integration of distributed
enterprises and their supply chains.
Infrastructure Management:
The Infrastructure Management Services (IMS) is a part of the IT Services Group at iGATE. At
IMS we have over 16 years of experience in providing complete infrastructure management
services. The Infrastructure Management Services offers a portfolio of solutions for IT
infrastructure management through operations, transformation, consulting services and a
range of supply chain solutions across domains.
GATE provides Application Development and Maintenance Outsourcing services that lead to
business process improvement. This allows for reduction of costs and enables business growth.
iGATE’s Application Development and Maintenance Services is a part of its IT Services Group.
The Independent Verification and Validation (IVV) practice is a part of IT Services Group at
iGATE. We offer testing solutions that align with the SDLCs of product development and
maintenance. The focus areas for Independent Verification and Validation are Banking,
Financial Services and Insurance (BFSI), Telecom, Retail and Manufacturing. In these verticals,
small bugs or defects may lead to huge losses and loss of good will. iGATE’s IT Services Group
ensures that their clients in the product development space are ably supported by the rigor of
the Independent Verification and Validation processes.
PROCESS OUTSOURCING
IGATE has an effective Knowledge Management (KM) framework. It has extended the same KM
framework to projects and uses it in managing wealth of knowledge required for effective
project delivery. IGATE’s KM framework has a wide variety of tools and frameworks like iQuest,
Walimiki, iForum, iNode Portal and iBlog. The benefits offered by the Knowledge Management
Portal are listed here. IGATE encourages expertise building through innovative ways. One such
initiative is Small Steps. Small Steps recognizes out-of-box thinking and rewards innovation.
IGATE has built its state-of-the art facility for training and nurturing professional talent. IGATE
has established Centers of Excellence (COE) in core technology areas (like JEE, .Net) and
Enterprise verticals SOA.
Customers’ delight is a critical success factor for new age enterprises. IGATE understands IT
enabled customer service processes through its years of experience. Using state-of-the-art
iTOPS model, iGATE offers customized customer contact solutions in areas like:
Customer service
Technical support
Debt servicing
Email support
Customer acquisition
Panel management
iTOPS
It is true that the Business Process Outsourcing industry had its origins in cost and time
arbitrage. As the industry matures, the benefits due to these basic factors have begun to grow
dull. Today these factors are rudimentary. They no longer provide sufficient reason for clients
to engage with outsourcing partners.
The global markets are volatile and the businesses are under pressure to match the dynamic
market place with innovative ways to conserve costs, enhance quality, grow market shares and
show profitability. To meet this changing market scenario, iGATE has announced the Integrated
Technology and Operations (iTOPS) model.
iTOPS, as the name suggests, is a new model where the Total Cost of Ownership of IT
infrastructure is optimized along with Operational and Process efficiencies in an integrated
manner. Enterprises would find that iTOPS is the answer to the challenge of optimizing business
operations across their globally distributed offices.
iTOPS impacts all areas of business transformation. Complex business parameters like Cost of
Ownership, Cost of Quality, and ROI on Technology Investments are measured aided by iTOPS.
Solutions that emerge through the iTOPS model ensure business process improvement
integrated with technology solution optimization leading to business effectiveness and
enhanced cost advantage.
iTOPS combined with transaction-based pricing enables iGATE’s clients to move away from
fixed pricing to variable pricing. Accounting for services would increasingly become output
based rather than input based. Under the iTOPS model clients pay for results rather than
efforts. Only a service provider with a high level of Process Maturity and IT Services expertise
would be able to support a delivery model with output based pricing. Thus, iGATE shares the
business risk with its clients and hence ensures cost reduction with no compromise on quality.
Distribution Channels:
The company operates in both Offshore and Domestic markets. But, about 90% of its
operations are for the offshore markets. Hence, the distribution channel for offshore
markets is explained below.
Offshore Sales
Team
International
Business
U.S. U.K. Australia
Development
Manager
The offshore sales team consists of an “inside sales team” and an “onsite sales team”. The
inside sales team consists of 6 members out of which 3 members are for the U.S, 2
members are for the U.K and 1 member is for Australia. These are the people who make
cold calls to various prospects. The onsite sales team consists of International Business
Development Managers and Sales Executives. Ex: For the US market, there are 5 managers
and under each manager there are 5 sales executives.
MEETING
•Sales executives meet the prospective clients
INFORMATION SEEKING
•From inside sales team
•Customized information about clients & product
MEETING
•Business development manager & sales director meet the client
WORK ORDER
•Client decides to buy and sends work order
Stage 1:
The inside sales team make cold calls to various prospects whose information is available
from a database. They are the ones who fix an appointment with those clients who are
interested in the service offered by iGATE. The information on the leads is then passed on to
the International Business Development Manager in the onsite sales team.
Stage 2:
The managers then send the sales executives to meet the leads. A brief introduction about
the various services offered and the company is given to the prospect. In this stage, the lead
seeks customized information from the company if interested.
Customized information which is sought by the lead is gathered by the inside sales team.
Also, more information about the lead is generated to know the prospective client better. All
this information is passed on to the Business Development Managers who work onsite.
Stage 4:
The Business Development Manager and the Sales Director meet the prospective client with
detailed information which was sought. This is the most crucial stage in which they try hard
to convince the customer for cracking a deal.
Stage 5:
Assuming the client is convinced, he will send a Request for Information (RFI) to iGATE. The
pre-sales team which consists of the technical experts comes into play in this stage. The pre-
sales team responds to the RFI by sending a Request for Proposal (RFP) which consists all
technical specifications, pricing etc.
Stage 6:
Once the client receives the RFP and decides to buy, they send a Work Order to iGATE. This
is a confirmation that the client will avail services from the company. After this stage, there
will be a period of transition at both the client’s end and iGATE’s end.
Another way of reaching to the customers is by participating in various events which have a
global platform. iGATE participates in few of the world’s biggest business events to which
Fortune 1000 companies are invited. The major events in which it participates are:
Key notes speakers from the industry speak about macro level strategies, pricing & about IT
investments. IT Booths are installed in these events and it attracts enquiries from many
companies. Interested companies seek for more information. iGATE invites all such
companies together to present about the company and its products. Therefore, this directly
takes iGATE to the third level in the distribution process. It will then follow through.
PRICING STRATEGY:
The pricing structure followed at iGATE can be classified into two types which are :-
The FTE pricing is on per hour basis. It is generally targeted to the small clients .This is done to
increase the amount of revenue generated in a given year.
= $ 68million
The following example shows the amount of revenue generated from the given client on yearly
basis.
The other type of pricing is called as variable pay pricing. It is done for biggies who have a
turnover of more than $500 million. The company has many clients in investment banking,
insurance, automobiles etc. Variable pricing is done on Units sold to the given client & is
targeted on biggies worth $500 m or more.
It’s also one of the core differentiating factor of iGATE. It was the first company who started
this pricing structure & Infosys followed this suit after him. It’s done on the principle of
economics of scale or large volume of operations from a given client.
MARKETING STRATEGY:
There are various marketing strategies adopted by the company .The Marketing Channels are
mainly done Online by using virtual promos/Offers. The company does not believe in brand
ambassador for its promotion. It believes in INTERNAL BRANDING by employees .This Virtual
Promotion is done through various Channel Partners like:-
1) NDTV: - The NDTV is the major partner of iGATE in promoting its services. It conducts
the Interviews of the CEOs from the world’s best companies. In this show, the CEO of
iGATE was invited several times to talk about the IT Company. It is a kind of public
relation activity iGATE does to promote its brand.
2) Data Quest: - It is an organization which makes a survey of the IT companies and selects
the company for BEST EMPLOYER OF THE YEAR Award. Many a times iGATE has been
ranked in top three positions. So IGATE has leveraged this ranking in boosting its image
as a world’s best IT company to work. This kind of image building helps Company to
influence its Clientele.
3) Ogilvy & Mather:- It is an Advertising Agency which help iGATE to design its marketing &
promotional strategies by designing its website to make it more lucrative.
Variable pricing:- The concept for Variable pricing is first started by iGATE & then
followed by others.
Synergistic Key Account Management:- It is the last stage of key account management
when both parties have close relationship with each other. Here both parties have
synergy and have a very informal way of approach where the partner becomes the
Consultant for the Company.