|
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Revenue
Company
derive its revenues mainly from
-
BPO
services :- Mainly Includes off shore, near shore and
onsite BPO services.
-
IT
service :- Mainly includes software implementation particularly
ERP packages.
It
earn revenues pursuant to contracts which generally take the
form of a master service agreement, or MSA, which is a
framework agreement that is then supplemented by statements of
work, or SOWs.
MSAs
specify the general terms applicable to the services company
will provide. They are typically for terms of five to seven
years, although they may also have an indefinite term. In most
cases they do not specify pricing terms or obligate the client
to purchase a particular amount of services. Company then
enter into SOWs under an MSA, which specify particular
services to be provided and the pricing terms. Most of our
SOWs have terms of two to five years. Company typically have
multiple SOWs under any given MSA, and the terms of the SOWs
vary depending on the nature of the services provided.
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Segments
Net revenues for different types of services
provided are as follows:
($
in thousand)
| |
FY
2004 |
|
FY
2005 |
|
FY
2006 |
|
|
Business
process services
|
315,979 |
73.63% |
344,102 |
69.95% |
451,408 |
73.63% |
|
Information
technology services
|
113,156 |
26.37% |
147,792 |
30.05% |
161,639 |
26.37% |
| Total |
$429,135 |
|
$491,894 |
|
$613,047 |
|
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Geographic
Information
To
date company has 26731 employees and 27 delivery centers in
various parts of world.
Net
revenues attributable to geographic regions based on location
of service delivery
| |
Revenue
Year ended Dec 31 ($
in thousand)
|
| |
2005 |
2006 |
|
India
|
400,232 |
81.37% |
486,528 |
79.36% |
|
Asia,
other than India
|
21,363 |
4.34% |
32,441 |
5.29% |
|
Americas
|
46,994 |
9.55% |
63,543 |
10.37% |
|
Europe
|
23,305 |
4.74% |
30,535 |
4.98% |
|
Total |
$491,894 |
|
$613,047 |
|
|