Atos Syntel

Atos Syntel
Type	Subsidiary
Industry	IT services, IT consulting
Founded	Troy, Michigan, 1980
Founder	Bharat Desai, Neerja Sethi
Headquarters	Troy, Michigan
Key people	Rakesh Khanna (CEO) ; Anil Agrawal (CFO) ; Srinath Mallya (CIO)
Services	Outsourcing; Consulting; Managed services;
Revenue	US$881 Million (2021)
Net income	US$243 Million (2021)
Total assets	US$1.1 Billion (2021)
Parent	Atos
Website	www.atos-syntel.net

Atos Syntel is a subsidiary^[4] of Atos and a multinational provider of integrated technology and business services. The company is led by Rakesh Khanna.^[5] Atos Syntel was created by the acquisition of Syntel, Inc. by Atos S.E.,^[6] which was announced on July 22, 2018 and completed on October 9, 2018.

Atos Syntel shifted to Work from Anywhere model since March 2020.

AtoS Syntel has 8,591 offices in India. Each employee in India works from his/her own office (home).^[7]

Business model[]

Syntel's early growth prompted their leadership to explore additional service offerings to augment the core IT staffing business.^[8]

In 1989, Syntel began providing software development and software maintenance services.

In 1992, with new development centers in India, Syntel began software outsourcing services with an onsite-offshore model, which connected software developers in India to project managers at client locations via an international telecommunications network.^[8]

The company markets its services to the banking and financial services, insurance, healthcare and life sciences, retail, logistics and telecom, and manufacturing sectors. Integral to its operating model are the use of offshore centers to deliver IT and KPO services.^{[citation needed]}

References[]

^ https://www.forbes.com/companies/syntel/
^ https://www.forbes.com/companies/syntel/
^ https://www.forbes.com/companies/syntel/
^ https://timesofindia.indiatimes.com/business/international-business/atos-completes-acquisition-of-syntel/articleshow/66145382.cms#:~:text=Based%20on%20the%20terms%20of,wholly%20owned%20subsidiary%20of%20Atos.&text=Post%20the%20acquisition%2C%20Syntel%20shares,be%20delisted%20from%20the%20NASDAQ.
^ "Syntel Names Rakesh Khanna CEO and President". Archived from the original on 2017-08-11. Retrieved 2017-07-18.
^ "Syntel enters definitive agreement to be acquired by Atos S.E." Archived from the original on 2018-07-24. Retrieved 2018-07-24.
^ "Number of employees in India".
^ Jump up to: ^a ^b "Archived copy". Archived from the original on 2013-10-04. Retrieved 2013-10-03.CS1 maint: archived copy as title (link)

[1] ttps://www.forbes.com/companies/syntel/

[2] ttps://www.forbes.com/companies/syntel/

[3] ttps://www.forbes.com/companies/syntel/

[timesofindia.indiatimes.com-4] ttps://timesofindia.indiatimes.com/business/international-business/atos-completes-acquisition-of-syntel/articleshow/66145382.cms#:~:text=Based%20on%20the%20terms%20of,wholly%20owned%20subsidiary%20of%20Atos.&text=Post%20the%20acquisition%2C%20Syntel%20shares,be%20delisted%20from%20the%20NASDAQ.

[5] "Syntel Names Rakesh Khanna CEO and President". Archived from the original on 2017-08-11. Retrieved 2017-07-18.

[6] "Syntel enters definitive agreement to be acquired by Atos S.E." Archived from the original on 2018-07-24. Retrieved 2018-07-24.

[7] "Number of employees in India".

[nritoday.net-8] Jump up to: ^a ^b "Archived copy". Archived from the original on 2013-10-04. Retrieved 2013-10-03.CS1 maint: archived copy as title (link)

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