TITLE
- TRAINING AND DEVELOPMENT IN IT INDUSTRY ON PCS TECHNOLOGY LTD
Table
of Contents
1.
Introduction
Training
facilitates development in the perspectives of individuals as well as in the
perspectives of the company. Individuals acquire knowledge and skills to be in
forefront of the designing or implementing teams. Their knowledge and skill sets
would become in much demand within the industry, so the individuals are going
ahead in their career after training along with experience. Sometimes, acquired
skills and knowledge become so precious, companies tend to retain these
individuals and create space for growth across careers.
Human
resource can be described as the series of actions and activities which are
carried out within a time frame and causes a change in attitude of the
workforce towards their work and work environment. It makes them more skillful
and motivated to achieve the objectives of the company. The primary objective
of the implementation of the IT strategy in an organization is continuously and
regularly develops the human resource to deliver higher levels of performance
to meet the demands of the modern industry environment which is intensively
competitive and rapidly changing.
IT
strategies add to the employee’s commitment and their zeal towards the
company’s tasks and objectives. It motivates them to the goals assigned to them
faster and it contributes in making an environment which increases the devotion
of the employees towards their work and they are self disciplined. Any IT
activity can be called as successful only if it contributes to the development
of the business in terms of growth and market share and presence in short or
long terms.
If
an organization consists of employees who are capable of carrying out the
activities of the organization efficiently and are competent but they lack in
commitment towards the activities then, such a competency would prove to be
ineffective for the organization.
1.1.
Company
Profile
Patni
Computer Systems (PCS)
Patni
Computer Systems Ltd is a provider of integrated offshore centric information
technology (IT) and IT-enabled operations solutions and services. The company
delivers a range of IT services through globally integrated onsite and offshore
delivery locations primarily in India. They offer their services through
industry focused practices, including insurance and healthcare (IHC), manufacturing,
retail and logistics (MRDL), banking and financial services (BFS),
communications and utilities (CEU), and media and entertainment (MELT) and
through technology focused practices. IT services include application
development, application maintenance and support, verification and validation,
enterprise application solutions, business intelligence and data warehousing,
packaged software implementation, infrastructure management services, quality
assurance services and product engineering services. Patni Computer Systems Ltd
was incorporated in the year 1978. In the year 1981, the company promoted PCS
Data Products (Pvt) Ltd (PCSDP), for the sale and marketing of computer
equipment and hardware maintenance. In the year 1987, they promoted PCS Data
General India (PCSDG), a joint venture with The Data General Corporation, USA,
for the manufacture and maintenance of computer hardware. In the year 1988, the
company became a deemed public company and subsequently in April 15, 1991, the
company was converted into a private limited company. In the year 1994, the
name of PCSDP was changed to PCS Industries Ltd (PCSIL) and PCSDG was merged
into PCSIL. In July 1, 1995, the company became a deemed public company. In the
year 1999, the shares of PCSIL held by the company and other non-operating
assets were de-merged into other group companies and the company emerged as a
focused IT services company. In June 27, 2002, the company was converted to a
private limited company. In April 2003, the completed their first acquisition
in by acquiring The Reference Inc., a company incorporated in Massachusetts,
USA for a consideration of about USD 7.5 million, through their wholly owned US
subsidiary, Patni Computer Systems Inc. In September 18, 2003, the company was
again converted to a public limited company. The company assessed at Level 5 of
the Capability Maturity Model Integration (CMMI SE/SW version 1.1) during the
year 2004 for all their development centers in Mumbai & Navi Mumbai after a
rigorous month-long SCAMPI assessment by KPMG, India. In November 2004, the
company acquired Cymbal Corporation through their wholly owned subsidiary,
Patni Computer Systems Inc., to establish expertise and operations in the
provision of IT services to the telecommunications industry. In the year 2005,
the company won award for excellence in corporate performance. They launched
Defined BPO Service for Insurance Carriers and Life New Business STP Solution.
In June 2006, the company acquired ZAiQ Technologies through their wholly owned
subsidiary, Patni Computer Systems, Inc. In July 2007, the company acquired
Europe-based Logan-Orviss International (LOI), a leading independent specialist
telecommunications consulting Services Company, through their wholly owned
subsidiary, Patni Computer Systems (UK) Ltd. The company was named as the
winner of Golden Peacock National Training Award-2007 by the Institute of
Directors. In May 2008, the company launched the first market ready offering
for communications service providers and set up core customer- and
partner-facing business processes under one consolidated operational model.
They achieved Gold Certified Partner status in the Microsoft Partner Program.
In the year 2009, the company constructed new facilities in India, which
includes three knowledge parks in Chennai, Navi Mumbai and Noida. They acquired
land in Pune, Hyderabad and Kolkata in addition to its campuses in Mumbai,
Chennai and Noida. For the Chennai facility, the company has acquired 18.75
acres of land near Chennai for a lease term of 99 years to establish a project
in connection with software development and support services. During the year,
the company set up the wholly owned subsidiary in Singapore, viz Patni
(Singapore) Pte Ltd, Patni Telecom Solutions Inc and Patni Life Sciences Inc.
To read more…….
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