TROY, Mich., April 23, 2014 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) company, today announced the establishment of a new cross-industry service line called "Syntel Digital One™."
Syntel Digital One will focus on enabling its clients to transform into future-ready digital enterprises. The new service will consolidate Syntel's existing digital enterprise services, including enterprise mobility, cloud computing, Big Data analytics, social media and Internet of Things.
"We stand today at the cusp of one of the most exciting times in the history of our business," said Syntel CEO and President, Nitin Rakesh. "Technology-led disruption is impacting every industry and creating new paradigms for customer engagement, innovative business models and unconventional competitors."
"Syntel Digital One is a new way for us to partner with clients to transform their businesses, capitalize on new opportunities and win in a dynamic marketplace," said Rakesh.
"Syntel Digital One will align our initiatives in the digital space and accelerate our ability to bring new digital enterprise solutions to market," said Bharat Desai, Syntel's Chairman and Co-founder. "It will overlay next generation technology skills with Syntel's industry expertise and enterprise systems experience to craft relevant solutions for our clients. It represents yet another step in Syntel's ongoing evolution to help our clients create competitive advantage through innovative uses of technology."
Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of March 31, 2014, Syntel employed more than 24,000 people worldwide. To learn more, visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2013 or from other factors not currently anticipated.