Product details

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Abstract

MindTree Consulting is an international IT (information technology) consulting company with revenues of about US$103 million in 2006, an increase of over 85% from the previous year's revenue of US$55 million. Besides this, MindTree has several laurels to its credit. It was the world's youngest company to be assessed at level 5 in both CMMI (capability maturity model integration) and P-CMM (people capability maturity model). The company was ranked among the top five 'Great Places to Work' in 2004 in a study conducted by Grow Talent Company and Businessworld, and rated as one of the 'Best Employers in India' in 2004 by Hewitt Associates. When MindTree was established in 1999, the founders had set a clear mission and visions with a timeframe of 2005 in mind. The company had almost reached the vision parameters. It went on to set bigger vision targets for the future. However, there were questions raised about whether a mid-sized IT firm like MindTree can battle the big players like Wipro, Infosys, Satyam and TCS (Tata Consultancy Services). At the same time, it was also important how the company would keep its core values and culture - which formed the foundation of the company - from getting diluted as the company grew bigger in size. With hurdles to cross, would MindTree achieve its vision for the future?
Location:
Size:
USD103 million (revenue)
Other setting(s):
2005-2006

About

Abstract

MindTree Consulting is an international IT (information technology) consulting company with revenues of about US$103 million in 2006, an increase of over 85% from the previous year's revenue of US$55 million. Besides this, MindTree has several laurels to its credit. It was the world's youngest company to be assessed at level 5 in both CMMI (capability maturity model integration) and P-CMM (people capability maturity model). The company was ranked among the top five 'Great Places to Work' in 2004 in a study conducted by Grow Talent Company and Businessworld, and rated as one of the 'Best Employers in India' in 2004 by Hewitt Associates. When MindTree was established in 1999, the founders had set a clear mission and visions with a timeframe of 2005 in mind. The company had almost reached the vision parameters. It went on to set bigger vision targets for the future. However, there were questions raised about whether a mid-sized IT firm like MindTree can battle the big players like Wipro, Infosys, Satyam and TCS (Tata Consultancy Services). At the same time, it was also important how the company would keep its core values and culture - which formed the foundation of the company - from getting diluted as the company grew bigger in size. With hurdles to cross, would MindTree achieve its vision for the future?

Settings

Location:
Size:
USD103 million (revenue)
Other setting(s):
2005-2006

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