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NSE
71.65
Change Change %
1.00 1.42%

Updated:22 Nov, 2019, 15:57 PM IST

BSE
71.50
Change Change %
0.65 0.92%

Updated:22 Nov, 2019, 16:01 PM IST

KPIT Cummins Infosystems was established in 1990 as KPIT Infosystems and became a public limited company in 1999. KPIT Cummins is focused on co–innovating domain intensive technology solutions for manufacturing corporations (in Automotive, Industrials, Hi–Tech verticals) and Diversified Financial Services to help its customers become more efficient, integrated and innovative enterprises. It has People strength of 4800+.

KPIT Cummins Infosystems, a global IT consulting organization focused on the automotive and semiconductor sectors. It got its current name when the company merged with Cummins Infotech.

The company is present in US, UK, Germany, France, Poland, and Japan, and India. It provides free technical support for NGOs and small schools in Pune. Top clients include Cummins, HP, Deutsche Bank, Unilever and Renesas.

Different Divisions

Manufacturing Solutions– is a focus vertical in the Automotive, Industrials and Hi–Tech domains.

Diversified Financial Services– its proprietary tools include Data–on–move Suite of products, e–purse framework, and Mobile Payment frameworksAdvanced Technology Solutions– it focuses on automotive electronics, mechanical design, and semiconductor solutions.

Enterprise IT Solutions–it focuses on ERP and business intelligence.Business Process Outsourcing– it focuses on finance and accounting and risk management.

KPIT Cummins Global Business Solutions (wholly–owned subsidiary) is to partner Cummins in delivering finance and accounting services to Cummins entities worldwide.

The company has a strategic partnership with South Africa–based Business Connexion to enter the South African market. It is to have two offshore development centers for Dialog Semiconductor, a developer of mixed signal semiconductor solutions.The company is a member of Japan Automotive Software Platform ARchitecture to develop and establish a standard Japan automotive platform architecture.

Technology Facts about the company

  • KPIT Cummins, an ARM Connected Community Member is certified as an ARM Approved Design Center
  • Premium Member of AUTOSAR (Automotive Open System Architecture)
  • Associate member of JasPar (Japan Automotive Software Platform Architecture)
  • World?óÔé¼Ôäós second company to achieve SPICE Level 5 accreditation (Software Process Improvement and Capability Determination)
  • Successfully executed projects compliant with Safety integrity Level (SIL) specifications
  • Largest 3rd party ODC (Offshore Development Center) in Automotive
  • Largest 3rd party ODC (Offshore Development Center) in Semiconductor (for a Japanese Semiconductor giant)
  • Largest Offshore Development relationship – Multi continental, multi technology, multi service for Discrete Manufacturing giant.

The company is involved in consulting expertise projects in Supply Chain Management (SCM), Product Lifecycle Management (PLM), Manufacturing Execution Systems (MES), etc. It has also developed strengths in ERP Audits, Risk Management and Compliance consultancy services and Activity based costing amongst many others.

Work with Investment and Retail banks, Asset Management and Financial Platform institutions, with a focus on securities services, credit cards, and fund administration, insurance and leasing. Its offerings include Application Decommissioning, Maintenance, Development, Implementation, Re–engineering and Integration for global banks and financial organizations.

Product engineering services, network operating system development, product lifecycle development, designing product its analysis and optimization.

Designing and developing chips–system on chip. Analog mixed system, also provide end to end validation that ensures zero defects and excellent on ground performance.

Milestones achieved

  • 1990– KPIT Infosystems incorporated ,by a group of CPAs
  • 1994–98– Excellence in exports from Government of India
  • 1995–96– Outstanding achievement award from Oracle
  • 1997– Achieved ISO 9001, certified by KPMG
  • 1999– IPO: 42 times oversubscribed           
  • Becomes a public limited company in India
  • 2002– Merger of Cummins Infotech into KPIT Infosystems to form KPIT Cummins Infosystems Limited.
  • 2003– KPIT Cummins assessed at CMM Level 5
  • 2004– ISO 9001:2000         
  • Acquisition of Panex Consulting ,USA
  • 2005– Lehman brothers picks up 8% stake in KPIT Cummins          
  • Integrated all off– shore facilities in Pune into the state of the art campus at Hinjawadi         
  • Acquisition of SolvCentral.com, USA         
  • Acquisition of Pivolis.com, France
  • 2006– Acquisition of CG Smith, India
  • 2007– Achieved the corporate mission of being $100 million company by the financial year 2006–07.Strategic investment by Cargill ventures, a venture capital arm of Cargill Inc.
  • 2008– Acquisition of the Mechanical Design business of Harita TVS Technologies, India.

Awards/Achievements

  • The company is CMMI Level 5, ISO 9001:2000, and ISO27001 certified.
  • The company was rated among the five rising stars in IT by Outlook Business in May 2007.
  • One of the world?óÔé¼Ôäós first few companies to achieve the BS25999:2007, a Business Continuity Management Standard.
  • In 1995–96,received outstanding achievement award from Oracle.
  • In 1994–95, received excellence award in exports from Govt. of India

Recent developments

KPIT Cummins Infosystems  and Dassault Syst?â?¿mes (DS) the world leader for Product Lifecycle Management (PLM) software solutions have announced a go–to–market partnership for joint solution & business development on ENOVIA Platform.

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