GSS Infotech
Encyclopedia
GSS Infotech established in 1999, is a CMMI
Level 5 company and a provider of information technology
and IT enabled solutions and services to companies worldwide. The company specializes is in Cloud Computing
, Remote Infrastructure Management
Services, Virtualization
Solutions, Application Management Services, and Infrastructure Optimization Solutions.
GSS Infotech has four development centers in New York
, Illinois
, Connecticut
, and Hyderabad and six business centers in New York
, Illinois
, Connecticut
, Dubai
, Hyderabad, and Singapore
, banking and financial services, insurance
, healthcare, retail
, and government
organizations. In 2006, the company established a Global Delivery Center in Hyderabad, India and became a CMMI Level 5 company in 2011.
In November 2010, GSS America Infotech Ltd. acquired US based companies with revenues of $30 million to increase its portfolio.
In GSS Infotech‘s annual meeting in December 2010, the company passed the resolution to raise around Rs 337.50 crore ($75 million) by means of foreign currency convertible bonds, American Depository Receipts or other instruments.
GSS Infotech net profit rose by 70.73% to Rs 2.80 crore in the quarter that ended March 2011 as against Rs 1.64 crore during the previous quarter.
Capability Maturity Model Integration
Capability Maturity Model Integration is a process improvement approach whose goal is to help organizations improve their performance. CMMI can be used to guide process improvement across a project, a division, or an entire organization...
Level 5 company and a provider of information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
and IT enabled solutions and services to companies worldwide. The company specializes is in Cloud Computing
Cloud computing
Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over a network ....
, Remote Infrastructure Management
Remote Infrastructure Management
Remote Infrastructure Management refers to remotely managing information technology infrastructure such as workstations , servers, network devices, storage devices, IT security devices, etc of a company....
Services, Virtualization
Virtualization
Virtualization, in computing, is the creation of a virtual version of something, such as a hardware platform, operating system, a storage device or network resources....
Solutions, Application Management Services, and Infrastructure Optimization Solutions.
GSS Infotech has four development centers in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Illinois
Illinois
Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
, and Hyderabad and six business centers in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Illinois
Illinois
Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
, Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, Hyderabad, and Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
History
GSS Infotech was formed in 1999 as "GSS America". On 10 March, 2011, the company was renamed "GSS Infotech". GSS Infotech offers services primarily to telecommunicationTelecommunication
Telecommunication is the transmission of information over significant distances to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded...
, banking and financial services, insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, healthcare, retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, and government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
organizations. In 2006, the company established a Global Delivery Center in Hyderabad, India and became a CMMI Level 5 company in 2011.
In November 2010, GSS America Infotech Ltd. acquired US based companies with revenues of $30 million to increase its portfolio.
In GSS Infotech‘s annual meeting in December 2010, the company passed the resolution to raise around Rs 337.50 crore ($75 million) by means of foreign currency convertible bonds, American Depository Receipts or other instruments.
Partners
GSS Infotech works with IT companies such as Microsft, NetApp, EMC, HP, APC, Cisco, and a few more.Revenue
GSS Infotech net profit rose by 0.40% to Rs 2.50 crore in the quarter ended December 2010 as against Rs 2.49 crore during the previous quarter ended December 2009. The sales increased by 71.88% to Rs 17.79 crore in the quarter ended December 2010 in contrast to Rs 10.35 crore during the previous quarter ended December 2009.GSS Infotech net profit rose by 70.73% to Rs 2.80 crore in the quarter that ended March 2011 as against Rs 1.64 crore during the previous quarter.
Acquisitions
- In 2006, GSS Infotech acquired Infospectrum Consulting Inc, a Business Service Management (BSM) solution provider based out of Illinois, USA.
- In 2008, GSS Infotech acquired System Dynamix Corporation, a IT Consulting and Software Development company based in Connecticut, USA
- In 2009, GSS Infotech acquired ATEC Group, a Infrastructure Technology Solution provider based out of New York, USA.
- In 2010, GSS Infotech acquired Veloce
Solutions & Services
GSS Infotech provides Healthcare Regulatory Compliance Services to the organizations. GSS Infotech portfolio of Solutions and Service includes:- Remote Infrastructure Management Services
- Maintenance & Monitoring
- Service Desk
- Networking & Security
- Infrastructure Solutions
- VirtualizationVirtualizationVirtualization, in computing, is the creation of a virtual version of something, such as a hardware platform, operating system, a storage device or network resources....
- Datacenter
- Storage & Backup
- Cloud ComputingCloud computingCloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over a network ....
Services
- Application Services
- Application Maintenance
- Independent Verification & Validation
Recognition
- Forbes' list of Asia's 200 Best Under $1 Billion 2009
- Forbes' list of Asia's 200 Best Under $1 Billion 2010
- Forbes' list of Asia's 200 Best Under $1 Billion 2008
External links
- Official Website
- Redirect Website
- Press Releases
- GSS Infotech Profile on Edelweiss
- GSS Infotech Profile on hdfcsec
- GSS Infotech Profile on businessweek
- GSS Infotech Draft Red Herring Prospectus
- IL&FS PE And Kubera Partners' Nominees Join GSS Infotech Board
- SaaS Firm Tejora Technologies Files For IPO