Mphasis

Mphasis is a multinational information technology (IT) services and consulting company headquartered in Bangalore, India. The company specializes in providing a wide range of IT services, including application development, cloud computing, digital transformation, and business process outsourcing (BPO) services to clients across various industries. Mphasis was established in 2000 following the merger of the US-based IT consulting company Mphasis Corporation and the Indian IT services company BFL Software Limited.

History

Mphasis was founded in the year 2000, as a result of a merger between Mphasis Corporation, a US-based IT consulting firm, and BFL Software Limited, an Indian IT services company. The merger aimed to leverage the strong software engineering base of BFL Software with the global reach and client base of Mphasis Corporation. Over the years, Mphasis has grown significantly, both organically and through acquisitions, to become a leading player in the IT services sector.

In 2006, Electronic Data Systems (EDS) acquired a majority stake in Mphasis, which marked a significant milestone in the company's history. This acquisition expanded Mphasis's global footprint and enhanced its service offerings. In 2008, EDS itself was acquired by Hewlett-Packard (HP), making Mphasis a part of HP's global services business. However, in 2016, Blackstone Group, a leading global private equity firm, acquired a majority stake in Mphasis from HP, leading to a new phase of growth and expansion for the company.

Services

Mphasis offers a broad spectrum of services across various domains and industries. These services include:

• Application Development and Maintenance: Mphasis provides end-to-end application development, maintenance, and modernization services, helping clients to optimize their IT investments.
• Cloud and Infrastructure Services: The company offers comprehensive cloud services, including cloud strategy, migration, implementation, and management, enabling businesses to leverage the power of cloud computing.
• Digital Transformation: Mphasis assists clients in their digital transformation journeys by offering services in areas such as artificial intelligence (AI), machine learning (ML), blockchain, and Internet of Things (IoT).
• Business Process Outsourcing: Mphasis's BPO services help organizations streamline their operations, improve efficiency, and reduce costs by outsourcing non-core business processes.

Industries

Mphasis serves clients across a wide range of industries, including:

• Banking and Financial Services
• Insurance
• Healthcare
• Telecommunications
• Retail
• Logistics
• Manufacturing

Corporate Social Responsibility

Mphasis is committed to making a positive impact on society through its corporate social responsibility (CSR) initiatives. The company focuses on education, especially in the areas of technology and IT, to empower the next generation. It also invests in community development projects and environmental sustainability programs.

Awards and Recognition

Over the years, Mphasis has received numerous awards and accolades for its services, innovation, and workplace culture. These recognitions highlight the company's commitment to excellence, innovation, and social responsibility.

Conclusion

Mphasis has established itself as a key player in the global IT services market, with a strong emphasis on innovation, customer service, and social responsibility. Through its comprehensive range of services and industry expertise, Mphasis continues to help clients navigate the complexities of the digital world, driving growth and transformation across industries.

Mphasis Resources
Latest articles Most recent articles Ongoing trials	Wikipedia