Infinite Computer Solutions (India) Ltd:

Infinite Computer Solutions (India) Ltd

Issue Highlights • Infinite Computer Solutions (India) Ltd, (ICSL) is a global service provider of Infrastructure Management, Intellectual Property (IP) leveraged solutions and IT services, focused on the Telecom, Media, Technology, Manufacturing, and Healthcare industries. It is mainly into software application development and maintenance but has diversified into other areas such as remote infrastructure management and R&D services. Despite expertise in Telecom, the company also has experience in catering to other verticals like Healthcare, Public Sector, Infrastructure (Energy, Utiliities). • The company's services span from Application Management Outsourcing, packaged application services, Independent Validation & Verification, product development & support, to higher value- added offerings, including, managed platform and product engineering services. About 59% of its revenues come from telecom services segment. • ICSL's strengthened its Telecom vertical in telecom- specific offerings to service providers, OEMs and ISVs, with the acquisition of Comnet International Co, USA in 2007. ICSL is a STPI (Software Technology Parks of India) registered entity and provides onsite/offshore services to various clients across countries. The company has 14 offices across the globe, including offices in multiple locations in the US, UK, India, China, Malaysia, Singapore and Australia. It currently has four delivery centers in India - company owned facility in Bangalore, and leased facilities in Hyderabad, Gurgaon and Chennai. • During FY09, ICSL recorded a top line growth of 43.9% y-o-y to Rs.4.9bn depicting a strong operational performance backed by a strong order book from large global clients. With the telecom industry looking at further advancements in technology through the launch of 3G wireless network, which will facilitate complex data services, such as online video, wireless instant messaging and wireless conferencing services, are likely to present several opportunities to ICSL. Also the existence of strong demand for offshore application outsourcing, infrastructure management and R & D Services, will be the key triggers for the company going ahead.