Atos Syntel

Atos Syntel, formerly Syntel, provides digital transformation, information technology, and knowledge process outsourcing services worldwide. The Company operates through Banking and Financial Services, Healthcare and Life Sciences, Insurance, Manufacturing and Retail, Logistics, and Telecom segments. It provides end-to-end, integrated application, and infrastructure management services, develops software applications and offers legacy modernization services. 

Employee Rating

3.4More
TypeSubsidiary
Parent CompanyAtos
HQTroy, US
Founded1980
Websiteatos-syntel.net
Atos Syntel was founded in 1980 and is headquartered in Troy, US

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Key People/Management at Atos Syntel

Rakesh Khanna

Rakesh Khanna

CEO
Anil Agrawal

Anil Agrawal

CFO
Daniel Moore

Daniel Moore

CAO and General Counsel
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Atos Syntel Office Locations

Atos Syntel has offices in Troy, Sparks Glencoe, Phoenix, Miami and in 22 other locations
Troy, US (HQ)
525 E Big Beaver Rd #300
Boston, US
50 Milk St
Brentwood, US
105 Westpark Dr #300
Buffalo, US
1 Exchange St
Cary, US
1100 Crescent Green #212
Irving, US
433 E Las Colinas Blvd #1150
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Atos Syntel Financials and Metrics

Summary Metrics

Founding Date

1980
Atos Syntel is a subsidiary of Atos

Atos Syntel Revenue

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Atos Syntel's revenue was reported to be $923.83 m in FY, 2017
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

824.8m911.4m968.6m966.6m923.8m

Revenue growth, %

11%6%0%

Cost of goods sold

460.6m533.9m584.6m595.7m572.8m

Gross profit

364.2m377.6m384.0m370.8m351.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

209.9m219.5m228.3m228.3m220.6m239.8m253.6m241.4m246.0m241.3m225.9m226.8m231.3m245.3m249.7m

Cost of goods sold

112.2m123.5m138.7m133.8m141.8m148.7m146.1m151.7m155.0m146.7m143.4m145.4m143.2m154.1m165.1m

Gross profit

97.7m96.0m89.5m94.5m78.8m91.1m107.6m89.7m91.0m94.6m82.4m81.5m88.1m91.3m84.6m

Gross profit Margin, %

47%44%39%41%36%38%42%37%37%39%36%36%38%37%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

178.8m197.7m500.5m78.3m96.0m

Accounts Receivable

Inventories

Current Assets

843.1m1.1b1.3b279.6m292.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

150.2m221.8m170.9m221.5m281.8m489.9m476.9m658.5m702.4m65.2m46.9m57.4m75.4m41.4m78.0m

Current Assets

758.8m916.7m980.6m1.0b1.1b1.1b1.2b1.3b1.3b1.5b257.8m247.7m275.1m261.8m303.1m

PP&E

105.8m111.7m112.4m110.8m111.2m110.8m107.3m106.0m107.5m109.9m109.2m107.2m105.1m103.3m97.0m

Goodwill

906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k906.0k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

219.7m249.7m252.5m(57.4m)166.3m

Depreciation and Amortization

14.5m16.1m15.6m14.9m14.1m

Inventories

Accounts Payable

16.3m8.2m(1.2m)798.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

59.4m58.1m59.3m61.6m40.0m100.6m178.3m53.1m58.8m38.4m75.0m45.6m86.8m

Depreciation and Amortization

4.2m7.7m11.6m3.7m11.1m7.4m3.1m6.2m

Accounts Payable

4.0m23.5m(8.4m)14.2m50.8m10.6m

Cash From Operating Activities

27.6m73.5m155.9m46.6m(16.4m)88.4m37.5m102.7m
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Atos Syntel Operating Metrics

FY, 2014Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017

Enterprise Customers

136 120 122 141 118 123 126 128 137 118 123

New Projects

182 232 888 270 213 113 217 815 199 119
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Atos Syntel Revenue Breakdown

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Atos Syntel revenue breakdown by business segment: 48.9% from Banking and Financial Services, 16.1% from Healthcare and Life Sciences, 13.3% from Insurance, 17.1% from Retail, Logistics and Telecom and 4.6% from Other

Atos Syntel Online and Social Media Presence

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Atos Syntel News and Updates

Atos completes $3.4 bn acquisition of US IT firm Syntel

French technology services company Atos has announced the completion of the acquisition of US-based information technology firm Syntel for $3.4 billion.

Atos digital leadership strengthened by the completion of the acquisition of the US-based Syntel

Paris, October 9, 2018 - Atos, a global leader in digital transformation, today announced that it has completed the acquisition of Syntel Inc., a leading global provider of integrated information technology and knowledge process services headquartered in Michigan, with $ 924 million revenue in…

Global Cloud Microservices Market 2018 Key Players: Oracle, Infosys, CA Technologies, Syntel, IBM, NGINX, Microsoft, SmartBear Software, Salesforce, RapidValue Solutions.

WiseGuyReports.com adds “Cloud Microservices Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database. Posted via Industry Today. Follow us on Twitter @IndustryToday

CCI approves acquisition of Syntel by French IT firm Atos

Competition watchdog CCI Thursday said it has approved the USD 3.4 billion acquisition of Syntel by French IT major Atos. Both Atos and Syntel have significant presence in India. Syntel, which has 23,000 engineers in 30 countries, has over 18,000 staff based in India. Atos employs about 16,000 peopl…

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Syntel, Inc. - SYNT

NEW YORK, Aug. 7, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Syntel, Inc. ("Syntel" or the "Company") (NasdaqGS: SYNT) relating...
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Atos Syntel Blogs

Telecom

Banner Image Header Excerpt Putting digital to work creating trust and loyalty. Add Tag Article Overview To thrive in the Digital Age, telecommunications companies must continue to develop value, while reducing connectivity costs …

Improving customer experience at one of the world’s most visited theme park

One of the world’s most visited theme parks wanted to predict when rides would break down in order to proactively provide maintenance instead of relying on scheduled maintenance — avoiding lost revenue due to ride failures, improving customer satisfaction and reducing costs. Insights …

Atos in Media Pathways to digital transformation

The internet disrupted the media and entertainment value chain. Business, however, is essentially still based on the fundamentals of a century ago: engaging and retaining audiences. What is changing dramatically is the way to monetize them. Insights Image PDF Link https://atos.net/wp-content/uploads/2018/06/atos-media-white-paper.pdf…

The Four Pillars of Digital Modernization

In previous articles, I have covered a number of important topics, including: What digital modernization is (and is not) The “NICE” maturity model for digital modernization What should an organization’s digital strategy be In this final installment, I intend to touch upon the critical pillars of dig…

Achieve the true value of technology adoption with Atos Syntel

To keep up with market demands, today’s healthcare organizations must embrace rapid technology change driven by digitization while improving financial outcomes and patient care. Insights Image PDF achieve-the-true-value-of-technology-adoption.pdf Add Ta…

Digital Modernization – How does it really get done?

Now that we have a clear view of what digital modernization is and is not, the question is: Who should lead these initiatives, and what should the digital strategy be? Most of the time, CIOs or CTOs lead the agenda, but for digital modernization to deliver results, it is important to have someone in…
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Atos Syntel Frequently Asked Questions

  • When was Atos Syntel founded?

    Atos Syntel was founded in 1980.

  • Who are Atos Syntel key executives?

    Atos Syntel's key executives are Rakesh Khanna, Anil Agrawal and Daniel Moore.

  • What is Atos Syntel revenue?

    Latest Atos Syntel annual revenue is $923.8 m.

  • Who are Atos Syntel competitors?

    Competitors of Atos Syntel include SourceHOV, Accenture and Endava.

  • Where is Atos Syntel headquarters?

    Atos Syntel headquarters is located at 525 E Big Beaver Rd #300, Troy.

  • Where are Atos Syntel offices?

    Atos Syntel has offices in Troy, Sparks Glencoe, Phoenix, Miami and in 22 other locations.

  • How many offices does Atos Syntel have?

    Atos Syntel has 32 offices.