TROY, Mich., April 8, 2013 (GLOBE NEWSWIRE) -- Clients look at capabilities as a deciding factor for choosing vendors and partners in the highly competitive Information Technology and Knowledge Process industry. Syntel (Nasdaq:SYNT), a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) services, believes this fact of life and business is here to stay.
Caso goes on to write that, "Tier I will be the provider of 'solutions' bringing business consulting, analytics and intellectual property (IP), along with the traditional process excellence."In an article entitled " Three Rules for Making a Company Truly Great" published in Harvard Business Review's April 2013 issue, authors Michael E. Raynor and Mumtaz Ahmed identified 344 exceptional companies based on consistent Return on Asset performance from 25,000 firms listed in the U.S. from 1966 to 2010. According to the authors, these exceptional companies "compete mainly by offering superior nonprice benefits." The article notes that "exceptional companies, it turns out, come in all shapes and sizes. IBM qualified, and so did Syntel, even though at the time it was only 0.5% of Big Blue's size." The success of Syntel's emphasis on capabilities has been reflected in the Company's financial performance, which has consistently outpaced the industry by delivering a CAGR of 17% for revenue and 24% for earnings over the past five years. To drive greater awareness of this trend towards valuing capabilities over size, Syntel has recently launched a new campaign entitled "You don't have to be XL to Excel™." Preview Syntel's new campaign at: http://www.globenewswire.com/newsroom/prs/?pkgid=17978 About Syntel 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 December 31, 2012, Syntel employed more than 21,000 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, 2012 or from other factors not currently anticipated.
CONTACT: North America/Europe: Jon Luebke, Syntel 248/619-3503 firstname.lastname@example.org Asia/Pacific: Sikta Samantaray Syntel Inc. (+91) 9619038730 email@example.com