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Business Profile
Accel at a glance
India's leading IT Infrastructure Services Company

Founded in 1991 by a group of entrepreneurs with vast experience in the IT industry

Track record of superior execution and growth

Acquired the systems and engineering services business of Fujitsu ICIM in 1999 which resulted in the formation of Accel ICIM Systems & Services Ltd

Successfully raised 2 rounds of private equity from ICICI Venture Funds and Intel Capital

Formed joint venture with Frontline Technologies Corporation Ltd of Singapore in 2004 to form Accel ICIM Frontline Ltd.

Fully owned subsidiaries in Singapore and UAE

More than 2000 highly qualified & experienced professionals with relevant skill sets

Assessed at SEI CMMi Level 3 for software practice and ISO 9001 for services

Adjudged as one of the Top 10 employers in the Indian IT industry for employee satisfaction, consistently for three years (DQ -September 2005)

Major Milestones
 

2011

  • Accel Limited Buys Out BT Frontline Pte Stake.

  • Accel Limited Becomes Majority Promoter With 70.44% Stake.

2010

  • Accel Quality Framework (AQF) initiative set guidelines and procedures to ensure Quality standards across the organization.

  • ISO 9001-2000 certification for Infrastructure Management Services.

2009
  • Hives off WMS division to its wholly owned subsidiary AFSL.

  • Management buyout of AFSL by the management team of WMS and Accel Limited.

2008
  • Acquires software business of Network Programs India Limited in India and Japan.

  • Accel becomes a 51% subsidiary of BT Frontline Pte Limited, as BT completes acquisition of Frontline Technologies Corporation.

  • Acquires XLNC Infotech Solutions, a Bangalore based Company specialising in Warranty Management Services.

2007
  • Acquires Banking Solutions Division of Telesis Global Solutions Limited, a Chennai-based software company specializing in software. products for banking applications and implementation and migration services for core banking software in India, Middle East and African regions.

  • Strategic partnership with Seagate Technology to provide professional data recovery services.

2006
  • Becomes Sun's Strategic Regional Partner in addition to being an Enterprise Partner in India.

  • Launches joint-operations in Coimbatore, Trichy and Thiruvanathapuram with Sun Microsystems.

  • Ties up with Kingston Technology Corporation to provide comprehensive product warranty and support for Kingston products in India.

  • Successfully launches IPO.

  • Continues to be ranked among Top 10 IT Employers in DQ IDC Best Employer Survey 2006.

2005
  • Company name changed from Accel ICIM to Accel Frontline Limited.

  • Accel Frontline was assessed at SEI CMMi Level 3 for its Enterprise Software Solutions Practice and ISO-9001 for its IT Services division.

  • Bags major long term software contracts; expands manpower.

  • Ranked among Top 10 by Dataquest in its national Employee Satisfaction Survey.

2004
  • Enters into Strategic Alliance with Singapore based Frontline Technologies Corporation Limited (FTC) (www.frontline.com.sg).

2001-2003
  • Focus is to institutionalize the organization and consolidate its position as a leading Systems Integration and Infrastructure Services Company.

  • Turnover crosses Rs 150 crore in FY03.

  • Forges alliance with Sun Microsystems, Oracle, JD Edwards, Citrix etc, to provide Enterprise IT Solutions and Software Services.

  • Begins operations in Dubai and Singapore to create a market for software services.

2000
  • Crosses US$25 mn turnover.

  • Establishes itself as a leading Enterprise IT Services Company operating in the corporate segment with one of the largest network of offices in India.

  • Receives strategic investment from Intel Capital.

1999
  • Raises private equity from one of India’s largest venture capital funds – ICICI Ventures.

  • Acquires the Systems and Engineering Services business of Fujitsu ICIM Ltd in India, which was at one time the country’s largest IT Company.

  • IT business of Accel re-organised in to Accel ICIM Systems & Services Ltd.

1998
  • Acquires the services business of Network Ltd, an HCL Group company focusing in office automation products and services.

  • Crosses US$10 mn in turnover.

1997
  • Acquires Athreya Technologies and Industrial Development Private Ltd, a Delhi based company, to expand base in all major cities of North India.

1996
  • Forays into software by setting up an application development center in Chennai.

1993
  • Buys out a computer manufacturing unit from Kothari group of companies to provide Systems Integration and Product Solutions.

1992
  • Begins multi-location operations with offices in Coimbatore and Thiruvananthapuram.

1991
  • Accel starts as Accel Automation Private Ltd. by providing multi-vendor services for Computer Systems.

  • Five engineers with more than 50 years of combined experience in the IT industry come together with a vision to build an organization focusing on IT services.