Profile: IGATE Corp (IGTE.O)

IGTE.O on Nasdaq

42.80USD
27 Feb 2015
Change (% chg)

$0.80 (+1.90%)
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iGATE Corporation (iGATE), incorporated on November 12, 1996, is an outsourcing provider of offshore-centric information technology (IT) and IT-enabled operations solutions and services. The Company offers a range of IT services through onsite and offshore delivery locations primarily in India. iGATE offers its services to customers through industry-focused practices, including insurance and healthcare, life sciences, manufacturing, retail and logistics, banking and financial services, communications, energy and utilities, product and engineering solutions, government solutions, and media and entertainment. The Company’s IT and IT-enabled services include application development, application management, verification and validation, enterprise application solutions, business intelligence and data warehousing, infrastructure management services, enterprise mobility, cloud services, embedded systems development, engineering design services, IT consulting, IT governance and customized learning solutions, business process outsourcing (BPO) and customer interaction services (CIS). The Company’s operations are in India, Canada, the United States, Belgium, Denmark, France, Finland, Germany, Ireland, Netherlands, Sweden, Switzerland, Luxemburg, Mexico, Singapore, Malaysia, Japan, Australia, the United Arab Emirates, South Africa, China, Mauritius and the United Kingdom.

Industry Practices

For the Insurance industry, the Company’s services include insurance administration for health insurance carriers through iGATE’s subsidiary, CHCS Services, Inc., leveraging a platform, multi-state licenses and a variable cost model. The variable model bundles costs of application, infrastructure, people and processing in a Per Member, Per Month structure, or in a Cost Per Policy, Cost Per Claim structure. The company’s insurance-related solutions include claims as a service, solution accelerators in the form of frameworks, processes and prototyping models, and consulting offerings for all insurance lines of business, including ICD-10 assessments in the healthcare space. The Company’s IT consulting and insurance software solutions span across insurance lines of business, including life and annuities, property and casualty/general insurance, reinsurance and healthcare.

iGATE also offers varied services in the life sciences domain to manage a regulated IT environment. Its Life Science service offerings include business transformation solutions, technology integration and collaboration with partners. Its outcomes-based relationship model is aimed at pharmaceutical, medical device, biotechnology and clinical research organizations.

The Company provides its services to global manufacturing, retail and logistics companies. In addition to its iTOPS approach, iGATE also uses its Concept2Consumption business lifecycle model, which covers three lifecycle phases: Concept2Manufacturing, Manufacturing2Distribution and Distribution2Consumption.

iGATE’s Banking and Financial Services offerings include IT consulting, system integration, business system management, BPO and infrastructure management services. Its banking practice’s services are aimed at areas of credit products and processes implementation, transaction processing, Internet banking and back office operations. Its risk and compliance solutions suite helps banks in their credit risk and collection implementation lifecycle through various models, standard approaches and methodologies. Its iTOPS model also offers payment solutions, which helps in business consolidation.

The Company’s Financial Services practice’s solutions include Reference Data Management, Financial Control and Reporting, Operational Fund Accounting, Standing Settlement Instructions Manager and Reconciliation Services. iGATE also offers various services within the mortgage banking industry, which include processing loan originations or any other aspect of loan servicing. The Company’s Benefits Administration practice’s service offerings include retirements, health and welfare benefits, trust accounting in standalone mode and master trust, actuarial valuations and superannuation.

The Company’s energy service offers business transformation solutions. These offerings are offered through iTOPS, which is tailored for midstream and downstream organizations. It also offers solutions for upstream organizations. The offerings for the utility industry, which comprises electricity, water and gas companies, include strategic grid management solutions, enterprise asset management solutions, meter data management, business intelligence, governance and compliance-related services, and other managed services, including asset rationalization.

iGATE offers media and entertainment solutions aimed at broadcasting, online gaming, publishing and content processing. The Company’s portfolio of focus segments in the industry encompass Digital Asset Management, IP Rights Management, Digital Media Content Publishing Platform, Social Networking Platform, Campaign and Viral Marketing Platform, Sales and Marketing Analysis, Web Content Management Solutions, Viewership ratings and Research, Program Production Planning and Management, Affiliates Management, Native Mobile Application development, Cross Platform Mobile Development using HTML 5, CSS and JS, and User Experience Design.

The Company’s government portfolio of solutions include enterprise resource planning, case management, business process outsourcing, verification and validation, application development and management, enterprise application solutions, infrastructure management, customer interaction services and BPO, product engineering services, and business and technology consulting. The Company’s iTOPS approach allows government organizations to pay for outputs.

iGATE’s product engineering and engineering design services practice’s solutions are aimed at various industries, including automation and control, automotive, consumer electronics, medical devices, mobile and wireless, office automation, and storage, networks and computing. The Company offers product engineering services for various original equipment manufacturers (OEMs), Tier-1 and Tier-2 companies.

IT Services

The Company offers a suite of methodologies and frameworks for application development. iGATE is engaged in the management of infrastructure, applications and processes. Its application management services comprise application maintenance, application portfolio rationalization and legacy modernization.

The Company has combined its software development and maintenance services with various technologies to offer global organizations centralized and qualified testing services. The Company offers solutions to manage post production operations defects, product quality and test cycles. The services are designed for automation and performance testing engagements.

iGATE’s packaged application portfolio includes packaged application services that range from package evaluation, selection, implementation, to post-implementation support and development, version upgrades and Master Data Management services. It offers services for packaged ERP applications, including SAP, Oracle, PeopleSoft and JD Edwards. Its services are also aimed at related solution areas, such as supply chain management, customer relationship management, enterprise integration and business intelligence. Its implementation and post-implementation support spans across various vertical industry sectors, ranging from food and beverages to automobiles and transportation, and to electronic and consumer goods.

The Company offers services are also focused on enterprise information management that encompasses services like data integration, master data management, data warehouse management, data cleansing and quality management, creating dashboards and reports, advanced analytics and corporate performance management. Its iTOPS model has led delivery model ensure assured business outcomes through consulting services, data consolidation, master data management and information governance, business and technology services, integration and analysis of information.

The Company’s Customer Interaction Services (CIS) and BPO services consist of horizontal services, including IT helpdesk, finance and accounting, human resource services, enterprise-wide service desk and product support. It also provides a suite of CIS and BPO services for the insurance, financial services, telecom and life sciences vertical markets. For 401(k) Plan administrators within the Insurance space, the Company also offers offshoring services of the entire benefits administration lifecycle.

The Company also offers focused solutions in core infrastructure areas leveraging its IT infrastructure assessment tool and methodologies. The Company’s infrastructure management services are provided through iGATE’s offshore service delivery centers. iGATE also offers services aimed at enterprise applications on mobile devices.

iGATE provides various cloud computing services, ranging from consulting, architecture, design and implementation to management-monitoring. The Company offers a range of design, development and support services for embedded systems around various layers of technology and industry segments (including automation, consumer electronics, medical devices) throughout the various phases of product lifecycle to product manufacturers.

The Company’s engineering services practice offers engineering services that span across the lifecycle of a product from conceptualization through prototyping and manufacturing support. It also provides engineering software customization services to create custom interfaces to handle routine/repetitive design tasks, geographic information systems and document conversion services.

The Company provides IT consulting services in areas such as IT transformation, cost transformation, offshore advisory services, process consulting services, enterprise architecture services, model-based software process improvement, focused process solutions, quality management, customized solutions, ITIL process solutions, social and collaborative knowledge management, organizational change management and customer experience consulting services.

The Company’s IT Governance Center of Excellence helps businesses to adopt IT governance strategies. It provides solutions that conform to standards like SOX and BASEL II, using COBIT, ITIL and PMI for IT governance and project portfolio management.

Customized Learning Solutions

The Company provides a suite of customized learning solutions. These solutions comprise corporate training, custom content development and blended learning solutions.

The Company competes with Tata Consultancy Services Limited, Cognizant Technology Solutions Corporation, Infosys Technologies Limited, Wipro Limited, HCL Technologies, Tech Mahindra, Genpact Limited, Syntel Inc.,WNS (Holdings) Limited, EXLService Holdings Inc., Mindtree Limited and Hexaware Technologies Limited.

Company Address

IGATE Corp

1000 Commerce Dr Ste 500
PITTSBURGH   PA   15275-1039
P: +1412.5061131

Company Web Links

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