
With over two decades of experience in the IT services space, Omnitech is well positioned to take advantage of upcoming trends in business continuity services, writes Nivedan Prakash
Omnitech InfoSolutions is one of the leading IT services companies in the business availability and business continuity space. The company provides IT services like remote infrastructure management, business continuity planning, disaster recovery, application management, performance management and software testing.
“The motivation behind establishing of Omnitech has been to build an institution which would provide a global platform for young talented people to work as a team, and offer IT technology services to global organizations,” said Atul Hemani, Managing Director, Omnitech InfoSolutions.
The foundation
Founded by Atul Hemani and Avinash Pitale, Omnitech was established in 1990. With global footprints across the US, Bahrain, Japan and pan-India presence, the company first came into limelight in 1993 when it introduced a unique product, the 21 MB 1.44-inch floppy drive, the modular notebook and unique magneto–optical drives.
“There were certain challenges that were faced as it was more concepts selling and the industry had not heard of these technologies before and we had put in efforts to create awareness on such innovations,” commented Hemani.
With an employee strength of about 726, Omnitech achieved a turnover of Rs 77.63 crores for the financial year 2006-2007. For the nine months ending December 31, 2007, it achieved a turnover of Rs 90.26 crores. It has been growing at a CAGR of 41.26% year-on-year from 2000-2006. For the quarter ended December 31, 2007, the growth rate has phenomenally moved up to 86.9% year-on-year.
The company covers different industry segments like the BFSI (Banking, Financial Services and Insurance), manufacturing, utilities, services, government bodies, amongst others. It has multi-year retainership contracts with most of its clients. Omnitech’s major clients include Birla Sunlife Insurance, Crisil, Citibank, Kotak Group, NCR, Bayer, Fullerton, India Infoline, and others. |