Professional Documents
Culture Documents
Investor Presentation
-0-
Vertical contribution*
Media, Entertainment, Leisure & Travel 4% Communications, Energy & Utilities 5% Public Sector 2%
Geographical contribution*
EMEA 12% APAC 6%
NAM 82%
-2-
Tier 1 Firms
3-30-3-1
1-10 -100
Tier 1.5 company with $1 Bn revenues Deep expertise in select industries (such as BFS, Insurance, Mfg., M&E etc.) Well diversified client base Prequalified for large contracts (>$20MM) Execution excellence Solution centric approach
Well-established and proven Tier-1 capabilities Focus on large end-to-end engagements Established differentiation through business outcomes based model Leading player by capability in 2 verticals and serious player in 3-4 verticals Preferred technology partner to most Fortune 1000 companies Move up the value chain (R&D) More efficient sales engine Larger ecosystem of alliances/partnerships Highly respected brand offering unique solutions in the marketplace
Tier 2 Firms
2011
July 17, 2013 Proprietary and Confidential
2017
-3-
Client Benefits
Organizations moving towards integrating technology and back-office operations and creating Executive positions responsible for technology and operations outsourcing Acknowledgement of iTOPS-type variable pricing model by large vendors and industry analysts Emergence of pay-as-you-use models like cloud computing, SaaS, iTOPS Recession has shown the value of pay-as-you-use models to customers
July 17, 2013 Proprietary and Confidential -4-
Value
Monetisation of Assets/Platforms Shared, Managed Services Asset-Lite Asset-Heavy Dedicated/ Captive Model Time and Material Staff Augmentation
Labour Arbitrage
SLA-Driven Agile Methodology Cloud, Platform Solutions Test Labs, CoEs Pay-per-use
Differentiation
Verticalised CoEs
Pay-per-use, Risk and Reward Models
Verticalisation Innovation Transformation
Maturity
Business Outcome pricing is rare today but is increasingly the model of choice. In Forresters Enterprise IT Services Survey, approximately 25% of firms stated moving to output-based pricing models as a critical or high priority Forrrester in Business Outcomes based pricing models drive results in Packaged application Implementations- April 2010
July 17, 2013 Proprietary and Confidential -5-
iTOPS
Outsourced Technology
-6-
Product Engineering
Life and Annuities Property and Casualty Healthcare Re-Insurance Life Sciences
Automotive Hi-Tech and Electronic Consumer Goods Paper and Pulp Aerospace and Defense Retail Logistics and Transportation
Telecommunicatio ns wire, wireless, cable, broadband Enterprise Mobility OSS/BSS Smart Metering Energy Analytics Asset Management GIS
Program Planning and Production Media Asset and Content Management Content Distribution Gaming, Theme Parks and Hospitality Publishing
Industrial Automation & Control Medical Devices and Healthcare Technologies Consumer Electronics, Multimedia & Gaming
Automotive Electronics
Storage, Networks & Computing ISVs
-7-
Derek Kemp EVP & Head of Sales, EMEA, Asia & Australia
Joined Patni in 1981 and responsible for business across all Industry verticals in EMEA Prior to joining, he worked with LogicaCMG, Charteris, and Polestar Applied Solutions
-8-
Outsourcing Excellence Award: Royal Bank of Canada IT Supplier of the Year, 2010: Weyerhaeuser Strategic Supplier of the Year: Genworth Financial Best Supplier for FY 2009-10: Toshiba Mitsubishi
Service Delivery
Organizational Excellence
iGATE Legal Team Wins LegalEra In-House Team of the Year Mergers & Acquisitions Award, 2012-13 Ranked No. 2 in the Greater Toronto Areas Small and Medium Best Employers survey, 2012 Ranked No. 1 in Dataquest-CMR Best Employers Survey 2012; retains position in Top Three for sixth time in a row Wins Golden Peacock Innovation Management Award, 2012 iGATE Corporation Annual Report 2011 wins Silver in the prestigious LACP Awards Asia Pacific Quality Organizations world class winner of the Global Performance Excellence Award, under the Large Service category Receives M&A Atlas Award 2012, in the Asia-Pacific Deal of the Year category for its successful acquisition of Patni Computer Systems Limited
-9-
BPO & IMS operations assessed at Level 3 against CMMI for Services Model v1.3 Assessed at Level 5 in SEIs PCMM (People Capability Maturity Model) Second company globally to be listed in PARS as assessed at Level 5 of CMMI-Dev V1.3 Case in Point Platinum Award: Overall Case Management Excellence in Healthcare, 2011 BPO Excellence Awards: Operational Excellence and Quality, and Social Change Agent, 2010
July 17, 2013 Proprietary and Confidential
37%
$260
$255 $250
$266
Q3' 11
$268
Q4 '11
$263
Q1 '12 Revenue
$268
Q2 '12 Gross Margins
$271
Q3' 12
$272
Q4 '12
$275
Q1 '13
$283
0% Q2 '13
Project Type
45%
44%
42%
43%
42%
40%
38%
38%
55%
56%
58%
57%
58%
60%
62%
62%
$0.26
Q3' 11
$0.27
Q4 '11
$0.38
Q1 '12
$0.28
Q2 '12
$0.46
Q3' 12
$0.45
Q4 '12
$0.51
Q1 '13
$0.44
Q2 '13 Q3 '11 Q4 '11 Q1 '12 Q2 '12 Q3 '12 Q4 '12 Q1 '13 Q2 '13
Fixed Price
July 17, 2013 Proprietary and Confidential
T&M
- 10 -
((1) These are Non GAAP figures and should not be solely for investment decisions. GAAP financials are provided on the company website at www.igate.com
52%
54%
53%
53%
52%
51%
50%
50%
10%
37% Q1 '12
10% 39%
11% 39%
10% 40%
Q4 '12
Q1 '13
Q2 '13
Top 5 Clients
Client 6- 10
Others
344
338
301
304
293
304
312
315
118
122
123
123
118
120
124
125
Q3 '11
Q4 '11
Q1 '12
Q3' 12
Q4 '12
Q1 '13
Q2 '13
- 11 -
Investor Snapshot
One of the highest EPS CAGR amongst peer IT Companies*
Fully diluted EPS($) EPS CAGR(%)
- 12 -
35%
30%
24% 21% 8%
Cognizant 2008 2009 2010 Syntel 2011 Genpact 2012 EPS CAGR
Firm Name Janney Montgomery Scott Jefferies Needham & Co.
18.5 16.13 15.78 17.43 18.09 17.11
8%
Infosys
0%
iGATE
Share price
30 25 20 16.88 15 10 5 0
Jan-09 Jul-09 Feb-10 Aug-10 Mar-11 Sep-11 Apr-12 Nov-12 May-13
Analyst Joseph Foresi Jason Kupferberg Mayank Tandon Vincent Colicchio Ashwin Mehta Glenn Greene Daniel Perlin Jeff Martin Brian Kinstlinger Edward Caso
24.83
19.16
14.85
Oppenheimer Securities RBC Capital Markets ROTH Capital Partners Sidoti & Company Wells Fargo Securities
7.42
3.54
12.58 9.16
11.04
- 13 -
THANK YOU!
www.igate.com
July 17, 2013 Proprietary and Confidential - 14 -