Top 10 Information Technology (IT) Companies in India 2017

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7.Oracle Financial Services

Oracle Financial services was acquired by Oracle Corporation in the year 2005 and the company has core expertise in delivering financial services to Banking, Insurance and Capital markets.

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Most of their revenues are generated by offering IT services to the banking industry, and they have presence in over 145 countries and Mr Chaitanya M Kamat is the current CEO of the company. The company’s shares have been growing at the rate of 12.6% and a market capitalization of Rs 30,500 crores.

The company has identified further avenues of growth in the insurance sector since the penetration is as low as 3.3% so far. They work closely with insurance companies in developing new innovative products, finding new distribution channels, boosting the operational efficiency of these companies. Financial services Next.0 is their flagship product and helps clients transform their business by aligning Information Technology platforms with their business models.

The Company has a total revenue of 3,786 crores in last four quarters with a total net income of 1,203 crores.

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