SOURCE: 3i Infotech North America

3i Infotech North America

April 13, 2010 09:00 ET

3i Infotech Wins Global Recognition for Democratic Practices

Company Named to List of 44 Global Winners of WorldBlu Award for Democracy in the Workplace

MUMBAI, INDIA--(Marketwire - April 13, 2010) - 3i Infotech, a global information technology company, announced today that it was one of 44 companies worldwide to qualify for the WorldBlu List of Most Democratic Workplaces 2010 Award. WorldBlu is an Austin, TX-based company specializing in organizational democracy and freedom-centered leadership. 3i Infotech qualified for this recognition after its employees completed a survey evaluating the organization's practice of ten democratic principles, such as transparency, dialogue, listening, integrity and accountability.

Commenting on this achievement Mr. V. Srinivasan, managing director and chief executive officer, 3i Infotech, said, "At 3i Infotech, we are not only committed to offering the best breed of IT Solutions, but also believe in democratic values that empower people." He further added, "With democracy in the workplace you can generate a lot of ideas on revenue improvement, cost reduction and various other aspects of business. You can also make people take ownership of the vision and goals of the company, which is very important for its sustained growth."

"3i Infotech's workplace values promote autonomy and the same is reflected in the growth and development of the company, which has expanded at over 45% since its inception in 1999," said Ms Traci Fenton, Founder & CEO of WorldBlu. "Democratic companies like 3i Infotech model how giving power to their people, especially during challenging economic times, can increase innovation and also boost the bottom-line."

Democratic organizations operate on the principles of freedom rather than fear and control. They understand that the future of business is less about pomp and more about participation, and about being flat in order to be competitive in this new, democratic age.

3i Infotech, headquartered in Mumbai, India and Edison, NJ, has over 5,700 technology professionals globally and more than 500 large enterprise customers in 50 countries across five continents. The company has grown from generating annual revenues of $10 million in 1999-2000 to $500 million in 2008-2009.

About 3i Infotech

3i Infotech (www.3i-infotech.com) is one of India's leading IT companies and among the top 3 Indian Software Products Companies.* The Company provides software products, IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing and IT Consulting) and BPO services for the BFS, Insurance, Manufacturing/Auto, Healthcare/Life Sciences and Retail & CPG Industry. The Company services customers in over 50 countries across 5 continents.

The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.

* Source: Dataquest, August 2009

About WorldBlu

WorldBlu is an Austin-based company specializing in organizational democracy and freedom-centered leadership. Founded in 1997, WorldBlu works to inspire and support the design and development of democratic organizations around the world. For more information, visit the WorldBlu website at www.worldblu.com.

Contact Information

  • For more information, please contact:
    M.B. Battliwala,
    Senior General Manager and Head - Global Marketing & Public Relations,
    3i Infotech Limited,
    Akruti Centre Point, 6th Floor,
    M.I.D.C Central Road,
    Andheri (East), Mumbai - 400 093, India.
    Tel: 91-22-39145560
    Fax: 91-22-39145520
    E-mail: Email Contact