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Accel Frontline Ltd
Company typepublic company (BSE532774; NSEAFL)
Founded1991
HeadquartersChennai, India
Key people
N.R.Panicker , chairman and CEO[1][2]
ProductsSoftware services, IT services, IT infrastructure management) (cloud services, warranty management services
Revenue100,000 crore (US$12 billion) (2012)[3]
Number of employees
~4000 (March 2013)[4]
Websitewww.accelfrontline.in

Accel Frontline Ltd (BSE532774) is an IT[clarification needed] services company based in Chennai, India. It was a joint-venture company between Accel Limited of Chennai and Frontline Technologies Corporation Limited of Singapore.[5] Its main business is providing IT infrastructure management, software solutions and warranty management services.It operates through an all-India network of more than 100 locations in India and overseas offices in Dubai, Singapore, London, Tokyo and Santa Clara California.

History

In 1996 Accel started software development services by setting up an application development center in Chennai. In 1999 acquired the systems and engineering services business for Fujitsu icim which resulted in a formation of Accel ICIM systems and services Ltd . In 2004, company made a strategic alliance with Singapore based Frontline Technologies Corporation Limited and made Accel ICIM a joint venture between Accel Ltd and FTC and changed the name to Accel Frontline Ltd.in 2008, FTC was acquired by BT group Plc there by Accel Frontline became a subsidiary of BT frontline Limited. In 2011 Accel ltd the main promoter bought out BT Frontline's stake and it became a subsidiary of Accel Limited. Having bought back BT's stake, the company amalgamated all the IT services portfolio into one company i.e. Accel Frontline Limited (AFL). AFL operate in the domains of IT Infrastructure Management, Software Services, Warranty management and IT infrastructure Solutions.[citation needed]

It employs over 3000 employees and operate through offices located in California, Tokyo, London, Dubai, Singapore and India. In 2012, the company launched its initiatives to reduce the dependence on India business and grow through its international operations focusing on Outsourced Product Development and Engineering Services.[citation needed]

References

  1. ^ "Accel Ltd acquired BT 's 51% stake in Accel Frontline in 2011". The Hindu Business Line. 6 December 2007. Retrieved 28 July 2010.
  2. ^ "Seagate, Accel Frontline, Partnership; IT VAR News". Itvarnews.net. Retrieved 28 July 2010.
  3. ^ "2010 BSE Data". www.bseindia.com. Retrieved 28 July 2010.
  4. ^ "About Accel Frontline". Retrieved 11 May 2013.
  5. ^ "Accel Frontline". Accelicim.com. 5 May 2006. Retrieved 28 July 2010.