Overview 1
Summary 1
Table of Contents 2
Table of figures 3
Table of tables 3
News Analysis 4
EDS Covers Up Shrinking HP Services Sales 4
By Patrick O'Brien 4
Siemens IT Solutions and Services Faces Challenges in Aligning with its Parent 7
By Ian Brown 7
SIS must ultimately benefit from sector expertise and relationships derived from working with its partners 7
Managing change in a recession is SIS's biggest challenge 7
Fusion with eTelecare Strengthens Stream's Contact Center Outsourcing Position 9
By Peter Ryan 9
DM Outsourcing Index 10
DM Outsourcing Index Returns to Profit 10
Contract Round-Up 12
August's 10 Biggest Outsourcing Deals 12
News In Brief 13
BP Consolidates Outsourcing Vendors to Save $500m 13
Accenture Cuts Jobs and Office Space 13
Mahindra Satyam SVP Steps Down 13
Fujitsu Cuts 1,200 UK Jobs 14
CSC Q1 Profit Rises as Sales Dip 12% 14
Company Profile 16
MindTree Ltd 16
Key Facts 16
Our View 16
Growth Strategy 17
Market Analysis 18
Product and Services Coverage 20
IT Services 20
Independent Testing 21
Infrastructure Management and Technical Support 21
Knowledge Services 21
Software Product Engineering 22
Research and Development Services 22
Company Milestones 22
Financial Performance 23
Appendix 24
Ask the analyst 24
Datamonitor consulting 24
Disclaimer 24
List of Tables
Table 1: HP Services results for most recent quarter compared to IBM 4
Table 2: Biggest gainers and losers on the DM Outsourcing Index this month 10
Table 3: 10 Biggest Deals of the Month 12
Table 4: MindTree - Key Facts 16
Table 5: India's Top 20 IT Services Exporters, 2008-2009 19
List of Figures
Figure 1: HP Services revenue by business unit Q3 FY09 5
Figure 2: The DM Outsourcing Index since January 2008 10
Figure 3: The DM Outsourcing Index vs S&P500 in 2009 11
Figure 4: MindTree's revenue by service offering, Q1 fiscal 2010 18
Figure 5: MindTree's revenue by geography, Q1 fiscal 2010 20