HfS 360 Assessment: iGate Patni

In January of 2011, iGATE took the sourcing industry by surprise by announcing its intent to take a majority stake in Patni. Industry and financial analysts were up in arms: revenues and key clients were at risk, attrition was a concern, and divergent cultures might not find equal footing. These were just a few of the challenges iGATE Patni management faced in 2011. Now, one year on, the company has survived and continues with momentum into 2012. As important, 2012 will be the year that the organization officially announces that it has crossed the $1B revenue threshold. However, crossing the barrier is no guarantee for an invitation to the big leagues. In fact, it is just the first step, but does iGATE Patni realize it?