KPIT Company Roundup

     KPIT is an Indian multinational corporation headquartered in Pune, Maharashtra, India. It provides IT Consulting and Product Engineering solutions and services to Automotive and Transportation, Consumer and Industrial Good, Energy and Resources, Utilities, High Tech, and Life Sciences companies.

     KPIT has created well-known solutions including REVOLO and India's first ARAI-certified intelligent transportation system - On-bus ITS. It has 31 offices spread across 16 countries. It has filed 58 patents, published several research papers, and has won several awards for innovation.

Company Formation

     KPIT was co-founded in 1990 by Ravi Pandit and Kishor Patil, as KPIT Infosystems. Both the co-founders are chartered accountants by profession and were partners in the chartered accountancy firm Kirtane and Pandit Chartered Accountants.

     The company made its initial public offer (IPO) in 1999, which was 50 times oversubscribed. In 2002, Cummins Infotech, the IT arm of Cummins merged with KPIT and the name of the company became KPIT Cummins Infosystems Ltd.

     It changed its name to "KPIT Technologies Limited" in September 2013. This was in line with Cummins' decision to reduce its shareholding in KPIT to focus on its core business of engine and generator manufacturing. In January 2018, Birlasoft and KPIT Technologies announced to merge and split inti two different firms.

Focus

     KPIT is focused on three industries: manufacturing, automotive & transportation, and energy & utilities, with clients such as Cummins, Paccar, and Lafarge.

Product and Services

     KPIT provides product engineering and IT consulting solutions and services to its clients. The Product Engineering line of business encompasses solutions and services to create automotive products by impacting the sub-systems of a vehicle including powertrain, body electronics, chassis, diagnostics, telematics, hybrid/electric powertrain as well as infotainment.

     The IT consulting line of business spans services and solutions developed around Oracle Corporation and SAP products stacks.

     KPIT's Intelligent Transportation System (ITS) is the first ARAI-certified JNNURM || compliant On-Bus ITS solution.

Awards and Recognitions

• KPIT featured in Forbes Asia Top 200 Best Under a Billion Companies.
• Anus Sable, Sr.VP & Head of Products appointed to the GENIVI Board of Directors.
• KPIT wins prestigious Mahesh Modi Environmental Excellence Award for Revolo.
• Revolo bags ISA Technovation Awards.
• KPIT wins NASSCOM Promising Innovation of the Year for REVOLO.