it company

Mphasis – Assisting Firms in Global Business Transformation From 1993.

Mphasis Group, a worldwide, multicultural organization located in Bengaluru, India, specializes in offering clients worldwide a spectrum of application development and maintenance services, infrastructure outsourcing services, and business and knowledge process outsourcing solutions. MphasiS Limited (MphasiS) was established on August 10, 1992. It was created by the merging of MphasiS Corporation, a US-based IT consulting firm, and BFL Software Limited, an Indian IT services firm. Australia, Belgium, Canada, France, Germany, India, Ireland, Mauritius, the Netherlands, the People’s Republic of China, the Philippines, Poland, Singapore, the United Kingdom, and the United States of America all have subsidiaries.

History Of The Company

In 1993, the company deployed extra workstations and equipment in order to develop its operations. MphasiS was awarded the ISO 9001-1994 accreditation by BVQ U.K. in 1995. In order to provide high-quality service to its customers, the company was reorganized in 1996 into six independent Business Units (IBUS). Compaq Development Center, Tandem Solution, Applications, Systems and Networking, Products, and Y2K are among them. In 1997, the company signed a long-term software development agreement with the US-based Compaq Corporation. That same year, MphasiS established a dedicated software development center for the US-based Lanier Worldwide, specializing in medical documentation management, and it also formed a strategic alliance with two US-based companies in order to enter the international market. In 1998, the company established a subsidiary in the United States and began a consulting activity to provide higher-margin services. During the same year, the Company launched its first healthcare product in the international market and signed an agreement with Net Communications, a subsidiary of Malaysia’s Netcard Corporation Berhard, to develop and market netKIOS globally.

The Turning Point

Mphasis fortunes have been transformed by a takeover by the US-based private equity firm Blackstone and a fast reversal in the HP channel, which accounts for over 30% of its sales.

In September 2016, Blackstone purchased a majority 60.5 percent share in the Bengaluru-based IT services company from Hewlett-Packard Enterprise (HPE). Aside from that, a fast turnaround in the company’s HP business, which had been declining 15-20% each year until two years ago, proved to be a windfall. (HP/DXC is a shared entity/segment that arose after HP merged with another company, CSE, and is now known as DXC.) The turnaround is evident in the stock price of MphasiS, which has nearly doubled (up 93.5%) from Rs 500 on November 11, 2016, to Rs 968 on November 12, 2018. The stock beat most of its peers in the IT sector and the S&P BSE Sensex, rising 30% over this time period. Before this, MphasiS had declined for six years, falling 14% from Rs 581 in November 2010 to Rs 500 in November 2016. During this time, IT equities have risen by nearly 5,000%.

Mphasis At Present

Mphasis’ revenue ranks seventh among its top ten competitors. The top ten contestants have an average of 2.9B. Mphasis’ revenue has increased by 2.9 percent during the last four quarters. In the June quarter, net profit increased 3.9 percent year on year but declined 22.1 percent sequentially to 275.1 crores.
The banking and capital markets and logistics and transportation industries, which expanded 22.1 percent and 21.6 percent year on year during the June quarter, will be the primary drivers of growth.
In Q1, the company obtained new orders of $259 million in total contract value (TCV), with 79 percent of the deals pertaining to ‘new-gen’ services, which essentially allude to its digital business, which includes cloud, automation, and related technologies.

Jeroen Tas and Jerry Rao – Founders

Jeroen Tas and Jerry Rao co-founded MphasiS, an IT company, in 1998, which later merged with Indian IT services firm BFL Software in 2000.
Jeroen co-founded and served as President, COO, and Vice-Chairman of the board of MphasiS, an IT and BPO business bought by HP in 2006. Prior to joining MphasiS, he was the head of Transaction Technology, Inc., Citigroup’s tech lab, where he was in charge of the bank’s customer-facing technologies, such as Internet banking and self-service devices. Jaithirth Rao, often known as Jerry Rao, is a Mumbai-based Indian businessman and entrepreneur. He is the founder and former CEO of MphasiS software and the Executive Chairman of Value and Budget Housing Corporation. Jerry Rao has been regarded as one of India’s top banking and finances minds over the past two and a half decades. Rao was the Chairman and CEO of Transaction Technology Inc, and then the Global Electronic Card Division, before leaving Citi. He also served on Citicorp’s Internet Steering Committee.

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Bechtle – A German-based IT Company That Took A Spark In The Campus Of Heilbronn University.

Bechtle AG is a multinational company with its headquarters based in Neckarsulm, Germany. The company mainly offers IT services in direct link with the sale of hardware and software IT products. Bechtle has a diversified client base, hence it is also responsible for the operation and maintenance of various IT infrastructures including the public sector. Founded in 1983, currently it has a massive business spread globally with 80 system houses. It has established e-commerce companies in fourteen European countries and nearly 70 different locations in german-speaking regions. The main business factor that makes a company adaptable for every type/size of business is its blend of IT product sales with integrations services.

Founding Bechtle

The idea of founding Bechtle took a spark in the campus of Heilbronn University with Klaus von Jan, Ralf Klenk and Gerhard Schick. These members of the university founded Bechtle GmbH EDV-Technik on 21st July 1983 as a microbusiness. They started the company from inside the campus and initially focused on programming technical calculation software for commercial purposes. In the first fiscal year, the company earned 66,000 German marks. After a couple of years, Bechtle became a certified IBM distributor and the team shifted to a bigger office. With six people running the company, the annual revenue climbed up to 2,245,000 German marks by the end of 1985.

Expansion

By the end of the 1980s, Bechtle already established itself as a market leader. IBM recognized the company as Quality Dealer of the Year three times in a row and it also expanded the team and became a company with a total of 37 employees. By the end of 1989, the revenue of the company became 13,015,000 German marks. With the advent of a new decade, the company focused on campaigning and branding as it was crossing regional borders. In 1992, Bechtle became one of Southern Germany’s largest system integrators. The number of employees became 85. One of the turning points in the history of the company’s growth was in 1993 as two of its main competitors were bankrupt. Bechtle seized this opportunity to expand in more locations and also hired executive members from prominent IT companies.

Two years down the line, Bechtle focused on taking the company online and launched its website. In the same year, Amazon and eBay were also founded in the US. After launching the company in the e-commerce market, it soon became a pioneer and also started making acquisitions. It expanded to a few locations like northern Baden-Württemberg and Leipzig and the outcome was a three-fold increase in the annual revenue. From 1995 to 1996, the company doubled its employees. In the same year, Bechtle was recognized as one of the top five IT system houses in Germany. Also, in the same year, Bechtle first opened an international office in Switzerland.

Present Days

In 2000, the company went for an IPO and the capital from the shares was used to expand in France and Belgium. In 2004, the company reached a new milestone of surpassing the 1 billion euros revenue mark. The company moved to its new headquarters in Neckarsulm. In 2004, it made four new acquisitions to add more locations to the company’s list. In 2008, Bechtle celebrated its 25th anniversary, and the business expanded to Ireland and Austria. The international expansion continued as it opened the business in Portugal, Poland, Hungary, and several other countries. In 2014, Bechtle became the top IT system house in Germany. Bechtle currently has more than 12,000 employees and it is impressively growing in terms of revenue even in the middle of the COVID-19 crisis.

Thomas Olemotz – CEO of Bechtle

Thomas Olemotz is currently the CEO of Bechtle and has worked with 11 different companies. Some of the companies where Olemotz worked before joining Bechtle are Deutsche Gesellschaft für Mittelstandsberatung, Delton AG, and Microlog Logistics AG. He joined the company in 2007 and became the CEO of the company in 2010. He also played his role as Spokesman of the Executive Board and CFO at Bechtle.

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Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more

Blue Yonder – Powering Digital Supply Chain Using Innovative Solutions.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

Management is the very core of any business, and if one can get full-fledged software for that, it is the cherry on the top. Management includes multiple tasks, from handling the customers, the quality of the products, taking care of the employees, and ensuring on-time delivery of the product, all come under this category. Thanks to the growing IT industry and the rising IT companies, we have got software for every management work. One such crucial work is dealing with everyday supply/delivery and keeping the account for the same. Blue Yonder is one of the IT companies which offers an end-to-end supply chain platform, suitable for almost every business. The company is known for its Luminate Platform (built on artificial intelligence) used by many brands across the globe for their data integration, real-time decision making and to achieve end-to-end supply chain visibility of each process going on in the organization.

About Blue Yonder

Blue Yonder is a subsidiary company of Panasonic, which previously was known as JDA Software. James Donald Armstrong and Frederick M. Pakis founded the company in 1985, and its headquarters resides at Scottsdale, Arizona. It is an American software company providing its services worldwide. Blue Yonder is best known for its flagship product Luminate Platform, a supply chain management software that can be integrated into every corner of the business to track every activity throughout the end-to-end supply chain. The company is the home of over 5500 employees, and its clients’ count is more than 3000 from across the world. As per the 2021 records, it made revenues worth $1.1 Billion.

Apart from having customers from around the world, Blue Yonder has set up over 40 offices in America and overseas, i.e., in Boston, London, Canada, Milan, Paris, Palo Alto, Monterrey, Madrid, Dubai, Cape Town, Australia, India, China, Korea, and Singapore, etc. Names like Albertsons, Brookshire’s, Oriflame, Kenco, DHL, Petco, Access Business Group, ABB Information Systems Ltd, 7-Eleven Inc, Michelin, etc. are a few of the names of Blue Yonder software users.

The Back Story

James Donald Armstrong and Frederick M. Pakis founded the company as JDA Software, Inc in 1985, in Cleveland, Ohio. In just two years, the company shifted its headquarters to Arizona after it received a contract from an automotive retailer. In 1996, after successfully working for a period of ten years, the company went public and had its first IPO. By this time, JDA also started to expand and acquired Arthur Retail division in 1998. In the coming years, it took over names like Intactix (2000), E3 Corporation (2001), Manugistics (2006), i2 Technologies (2010), etc.

After a deal worth $1.9 billion, JDA went under RedPrairie ownership, turning the former private again. Also, RedPrairie started to host its operations under the brand name JDA. In 2018, JDA acquired Blue Yonder GmbH and had a name change to Blue Yonder in 2020. the company acquired Yantriks in the same year. In September 2021, Panasonic bought Blue Yonder for an undisclosed amount, and today, Blue Yonder operates as a subsidiary of Panasonic.

CEO at Blue Yonder

Girish Rishi is the current CEO at Blue Yonder. He is a native Indian and has completed his bachelor’s degree from the University of Bombay. Rishi has also got a Master’s degree in Business Administration from the University of Hartford as well as another master’s in International Public Policy from the School of Advanced International Studies at Joah Hopkins University. Before joining the company, Rishi has handled multiple leadership roles at companies like Motorola and Matrics. In 2017, Rishi became the CEO of Blue Yonder.

Yashica Vashishtha

Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.

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Inspur – The Third Largest Server Providers In The World.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

There have been times when many things were considered impossible, like having a personal computer in every household or people walking and talking on the phone at the same time. And, looking at the past twenty years, these have been the most amazing years for the IT industry, as in those two decades we have moved from PCs to laptops, from landlines to smartphones, and multiple people are able to work on the same project on the cloud without being at the same place. Cloud computing, big data, and artificial intelligence are the current hot topics, and companies working on them are doing the most innovative work of all. Inspur Group Co. Ltd. is one such company that is using its innovative ideas to improve the cloud and server technologies to achieve excellence.

About the Company

Inspur or the Inspur Group is the cloud computing and big data IT conglomerate that has been in the industry for the past 77 years. It was founded as Langchao but had a name change in 2006 with the name Inspur. The company belongs to the IT industry working on computer hardware, software, and servers. The major products by the company include cloud computing, servers, storage, artificial intelligence, etc. Venezolana de Industria Tecnológica, C.A. is one of the subsidiaries of company, and its various working divisions are Inspur Information, Inspur Software, Inspur International and Huaguang Optoelectronics. The company is a publically traded company and trades on the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Stock Exchange of Hong Kong. As per the 2015 records, the company made revenues worth 63.2 billion yuan for FY2015.

The Founding

Inspur Group was founded in 1945 in Shandong, China, and has its headquarters based in the same city. The company has four wings, i.e., Inspur Information, Inspur Software, Inspur International, and Inspur Huaguang, which works on technologies like cloud data centre, cloud services & big data, smart city, and smart enterprises. Though the company is 77 years old, it started its technology journey 40 years ago.

Inspur built China’s first PC in 1983. It also started to make servers in the early 90s, where it released a series of computers for China and the international market. In 1993, the company built China’s first micro-server. Later, in 2005, the company received investments from Microsoft as well as signed a contract with VMware to work on the emerging cloud computing technology. In the same year, the company also won the top prize in the “Information Industry Major Technological Invention Award”. The company also acquired Qimonda AG’s research division in 2009 for a sum of around US$4 million.

Inspur introduced China’s first 32-socket high-end fault-tolerant computer in 2011 and became the world’s fifth company to make such computers independently. In 2015, the company recorded annual revenues worth 63.2 billion yuan. It also joined multiple open computing organizations as a member, including SPEC (Standard Performance Evaluation Corporation (2014), OpenStack (2014), OCP Open Compute Project ( and 2017), ODCC (Open Data Center Committee), etc. The major clients of the company include big-name enterprises and many governments belonging to more than 100 countries and regions.

The CEO at Inspur

Sun Pishu is the current CEO of Inspur. He is a native of Shandog Province and was born in 1962. Sun Pishu has been working with Inspur since the time it was called Langchao. In 1996, he became the General Manager and the next year, the Deputy Routine President of Langchao Group. Sun Pishu also served the company as the Vice President for a long time. It is Sun Pishu’s leadership that the company has become the number one server provider in China and number third in the world.

Yashica Vashishtha

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Axway Software – An American IT Company That Originally Emerged As A Part Of A French Conglomerate.

Leave a Comment / Story, Tech Story / By Annasha

Axway Software is an American IT company founded twenty years ago. It is a publicly-traded company with its headquarters based in Phoenix, Arizona, US. There are more than 1,800 employees in the company serving approximately 11,000 customers who are spread across 100 countries. Axway, apart from America, has offices in various parts of Europe (Lyon, Paris, Bulgaria, etc) and support centers in India. Since Axway was originally a part of a French software company, Sopra Steria, the company has another headquarter in Puteaux, Paris. Axway was spun-off from Sopra as a subsidiary in 2000. The company has come a long way from there as once from Europe it built a vast business in the lands of America.

About Axway Software

Axway Software is known for providing software tools for various applications. Some of them are enterprise software, business analytics, and activity monitoring, mobile application development, API management, etc. Last year, Axway Software was recognized as a Leader in the 2021 Gartner Magic Quadrant for Full Life Cycle API Management for the sixth time. Axway, in twenty years, has filed more than 100 patents in technology innovation.

In 2011, the company was listed in the Compartment B of Euronext Paris meaning it had market capitalization between €150 million and €1 billion. The company is also named a leader in the Forrester Wave for API Management Solutions Q3 2020. Though API offers several products, its Amplify API Management Platform is the main product and the company has received several recognitions for the same. Other products are Axway B2B Integration, Axway Managed File Transfer, and Specialized Products for supply chains and other purposes.

Major Events in the History

Axway was officially incorporated as an individual company on December 28, 2000. The company was originally the software infrastructure division of Sopra, a French IT company. But, Sopra decided to spun-off the division as an individual entity (a subsidiary of the company). After the spin-off, Sopra used Axway Software as a means for expanding into the Enterprise Application Integration market. Right after Axway was incorporated it started to make multiple acquisitions from the early 2000s. In 2002, Axway acquired a Swedish company called Viewlocity.

The series of acquisitions continued and in January 2006 Axway acquired US company Cyclone Commerce after which a huge part of the executive management team and the operations moved to Phoenix. Next year in February, Axway acquired Atos’s B2B software business in Germany and Tumbleweed Communications, a US-based company in 2008. In 2011, Axway Software detached itself completed from the Sopra Group and was listed in the Paris Euronext. Some of the companies acquired in the next few years are Vordel, an Irish company, SCI Soluções, a Brazilian company, assets of Information Gateway in Australia, and a French company called Systar. The company went public in 2011 and since then both its annual revenue and profit have increased steadily. But, recently, the company’s growth hasn’t been very impressive and its stock has declined by 22% in the past few months.

In 2015, Christophe Fabre stepped down from the position of CEO of the company which he was holding from 2005. Axway acquired many more companies in the recent year starting with Appcelerator, a US-based mobile technology company whose main product is Titanium, an open-source platform for mobile app development. In 2017, Axway acquired another US company called Syncplicity, a company that develops solutions for sharing and synchronization of files. Though Axway Software operates as an independent entity, Sopra Steria acquired an 8.62% stake in the company in 2006.

Patrick Donovan – CEO of Axway Software

Patrick Donovan is the CEO of the company since 2018 and he replaced Jean-Marc Lazzari for the position. Before becoming the CEO of Axway Software, he served as the CFO of the same company. Donovan being an American citizen has spent several years in France which gave him a good idea about both the American and French scenario of Axway. Donovan mainly oversees the company’s financial and legal functions and has in-depth knowledge about the business model of Axway.

Annasha

An IT Company Born In Germany That Even Today Serves Only The German Market.

Leave a Comment / Story, Tech Story / By Annasha

Datagroup is a leading IT expert offering customized solutions to a wide range of customers. CORBOX is the main product suite of the company which is more like an all-in-one solution for its customers. It has been more than thirty-five years that Max Schaber has built this huge empire along with Herbert Schwarzkopf. Today, Datagroup is one of the top twenty IT companies in Germany offering various services from outsourcing to SAP services.

Datagroup has a very strong market all over the country with more than 3,000 employees catering to the needs of customers on a daily basis. The company has not stepped into any of the international markets but instead supports the local companies and businesses in every way possible. Datagroup has also started several projects to enhance the social and sports culture in various regions of Germany.

About Datagroup SE

When speaking of Datagroup, CORBOX is the primary product that gets the spotlight. This product is more like a modular kit with multiple services to smoothen the operations of any company. Once a business is buying the CORBOX module it is then up to the team which services they want to use. The various services in the CORBOX module are managed & private cloud services, application management services, communication and collaboration services, security services, network services, etc. Due to the compatible modules and services offering a great amount of flexibility, Datagroup has been able to thrive in the IT market.

Apart from the CORBOX modular kit, the company also offers IT Consulting, Mobile & App Solutions, Robotic Process Automation, and Industry Solutions. Datagroup also offers its solutions to various educational institutes and one of them will be the famous Max Plank Society. Datagroup is a publicly-traded company and it claims that there are several reasons to invest in its shares for it has an average revenue increase of 20% and an EBITDA margin of 12.6%. It has a very impressive track record when it comes to acquisitions and most importantly it is a company born in Germany and even after more than three decades is focused only on the German market.

History of the Company

In 1983, Max Schaber founded Datagroup which was under the name of Datapec back then. After a few years, DATANET was founded which today is a part of Datagroup Stuttgart GmbH. In the early 1990s, several organizations of the structure of the company took place along with the move-in of the Datagroup corporate headquarters. Entering into the 21st century, the company eventually started making strategic acquisitions starting with tec2b AG in October 2003. After a couple of years, Datagroup IT Services Holding AG was founded which today is known as Datagroup SE. In 2006, Datagroup filed its IPO and entered into the stock market and later that year also acquired messerknecht Informationssysteme and ICP. Datagroup acquired several companies in 2007 and 2008 including EGT Informationssysteme, Hamann, and Feil, Corporate Express locations Rostock and Schwerin, Best-Computer Support, etc. In 2009, the company opened a new office in Berlin and in 2010 it was recognized as one of the top 15 German computer companies.

Recent Events

As Company started acquiring more and more companies, its IT-based solutions were strengthened. It acquired several IT service providers and SAP companies to offer better solutions to the customer. In 2016, Datagroup became one of the top three companies in Germany for customer satisfaction. Recently, the company has acquired a 68% stake in Portavis thus strengthening its presence in the financial sector. It has also invested in a few startups and companies that offer IT solutions in the public sector.

About the Founder

Max Schaber is the founder of Datapec, a data processing company that eventually became Datagroup GmbH. He is serving as the CEO of Datagroup SE since 2006. Schaber completed his education at the University of Stuttgart and became a mechanical engineer. Before founding Datapec, he was a system engineer at Friedrich und Co. Company.

Annasha

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