PROFILE
DIGITAL MODERNIZATION IS currently one of the most competitive industries in the world . Any business unable to keep its technological processes up-to-date risks being left behind , but most companies – whether brand new or wellestablished – will require guidance . Few are blessed with enough IT know-how to facilitate their own digital transformations , and this is where companies like Syntel step in .
Syntel is a global leader in digital modernization services . The company was founded in 1980 in Troy , Michigan , and serves multinational clients from 17 global developments centers in the US and India , bringing technology and consulting services to many sectors including banking , healthcare , and manufacturing . It is a certified
MBE
– a fully minority-owned business – listed on NASDAQ and run since 2014 by CEO and President , Nitin Rakesh .
Rakesh took over from Prashant Ranade , going on to deploy Syntel ’ s autonomic computing platform , SyntBots . Having started in financial services and dipping into other industries , he has worked in the technology sector for the past 25 years , focusing on building new businesses with new innovations .
“ I look at business models and work out how to help take advantage of the technologies and capabilities available ,” says Rakesh . “ Then it ’ s about improving them .”
Syntel places a heavy focus on enabling businesses to cope with the ‘ two-speed world ’; this term refers to the idea that some parts of the world – such as Europe , North America , and Japan – are developing more slowly than quickly-developing economies like Brazil , China , and India . Rakesh has written an article on the subject , as assisting companies with this global struggle is a particular passion of his . “ We can classify clients predominantly as banking ,
8 December 2016