Traded as BSE: 532951NSE: GSS Area served Worldwide company Founded 1999 | ||
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Key people Bhargav Marepally [CEO & Founder]Ramesh Yerramsetti [Director & Founder]PVRK Prasad [Chairman]Keerthy Jaya Tilak , Mark Silgardo , and Madhukar Sheth [Directors] Number of employees 1500 Stock price GSS (NSE) ₹ 24.60 +0.10 (+0.41%)9 Mar, 3:30 PM IST - Disclaimer Subsidiaries Gss Infotech Ny, Inc., GSS Infotech, Inc., Technovant Inc, Gss It Solutions Private Limited, Infovision Technologies Inc. Profiles | ||
Lekha sistha gss infotech chief people officer
GSS Infotech (formerly "GSS America"), established in 1999, is a Information technology company headquartered in Hyderabad, India. The company specializes in cloud computing, remote infrastructure management services, virtualization solutions, application management services, and infrastructure optimization solutions.
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GSS Infotech has offices in Illinois, Connecticut, California, New Jersey, New York City and Hyderabad.
History
GSS Infotech was formed in 1999 as "GSS America". On 10 March 2011, the company was renamed "GSS Infotech". GSS Infotech offers services primarily to telecommunication, banking and financial services, insurance, healthcare, retail, and government organizations. In 2006, the company established a Global Delivery Center in Hyderabad, India and became a CMMI Level 5 company in 2011.
In November 2010, GSS America Infotech Ltd. acquired US based companies with revenues of $30 million to increase its portfolio.
In GSS Infotech‘s annual meeting in December 2010, the company passed the resolution to raise around Rs 337.50 crore ($75 million) by means of foreign currency convertible bonds, American Depository Receipts or other instruments.
Revenue
GSS Infotech net profit rose by 0.40% to Rs 2.50 crore in the quarter ended December 2010 as against Rs 2.49 crore during the previous quarter ended December 2009. The sales increased by 71.88% to Rs 17.79 crore in the quarter ended December 2010 in contrast to Rs 10.35 crore during the previous quarter ended December 2009.
GSS Infotech net profit rose by 70.73% to Rs 2.80 crore in the quarter that ended March 2011 as against Rs 1.64 crore during the previous quarter.