Q2 (July - September 2021)
Insight@NIIT:Vol 52
Investor Communication
Contents
 
   
   
     
 
   
Contentss
 
 
Q2 Results
     
     
 
   
NIIT Limited announces Q2 (July - September 2021) Consolidated Results
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 


Vijay K Thadani
Vice Chairman &
Managing Director,
NIIT Limited
 
“NIIT delivered robust revenue growth of 44% YoY with improved margins. The Corporate Learning business continues to strengthen its market position and has added a record 6 new MTS contracts during the quarter. Our key initiatives in India – TPaaS and StackRoute – delivered strong volume growth.”

 

 

 

 

 

 

 

 

 


Sapnesh Lalla,
CEO and Executive Director, NIIT Ltd.
 

“Both the Corporate Learning Group (CLG) and the Skills and Careers Group (SNC) continued to accelerate and grow during the quarter. As the war for talent intensifies, our core value proposition of providing training interventions that deliver outcomes at scale, continues to resonate with our customers.” 

 

 

 

 

 

Records Profit After Tax of Rs. 52.4 Cr, up 101% YoY
Q2 Revenue at Rs. 314.2 Cr, up 44% YoY
EBITDA margin at 23.5%, up 780 bps YoY
Corporate Learning Group (CLG) records revenue growth of 40% YoY and EBITDA margin of 29%
CLG signs 6 new MTS contracts; ends the quarter with 63 MTS customers and revenue visibility at $ 294 Mn
Skills and Careers Group (SNC) records accelerated growth of 70% YoY and 11% QoQ on the back of growing demand for TPaaS and StackRoute offerings

 

NIIT Limited reported its results for the second quarter ending September 30, 2021. During the quarter, the company recorded Net Revenue of Rs. 314.2 Cr. up 44% YoY. EBITDA was Rs. 73.9 Cr. up 115% YoY and the EBITDA margin stood at 23.5%, up 780 bps. Profit After Tax was recorded at Rs. 52.4 Cr, up 101% YoY.

The results were taken on record at the meeting of the Board of Directors. 

NIIT acquired majority stake in RPS Consulting Private Limited, a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies. This acquisition creates new opportunities to deliver innovative learning solutions in emerging digital technologies including Software Architecting and Engineering, Data Science, Cloud, Automation and DevOps, for both working professionals and new hires. Further, it will help NIIT expand its Managed Training Services portfolio to include technology training as a Managed Service for its global customers. The transaction was closed on October 1, 2021 and the financial results of RPS Consulting will get consolidated from Quarter 3.

Corporate Learning Group (CLG) recorded net revenue of Rs. 272.2 Cr, up 40% YoY.

CLG added a record 6 new MTS contracts during the quarter - two in FMCG segment, two in BFSI and two in specialized consulting. The number of MTS customers stands at 63 and Revenue Visibility at the end of the quarter was at $ 294 million.

Skills & Careers Group (SNC) recorded net revenue of Rs. 42 Cr during Q2, up 70% YoY, driven by significant acceleration in StackRoute and TPaaS (Talent Pipeline as a Service). 

StackRoute is a preferred choice for leading organizations for building digital and technology talent through deep-skilling programs for entry level as well as existing experienced workforce. During this quarter, many leading enterprises including one of the Big 4, a leading FoodTech Start-up, and many large global technology service providers partnered with StackRoute towards their initiatives for building high quality digital talent. 

As part of the TPaaS initiative, Sutherland, a leading global digital transformation company based out of Rochester, NY, USA and StackRoute, an NIIT Venture, entered a partnership to launch an immersive training program designed to identify the right talent and develop them as high-quality Full Stack IT Professionals, handling critical roles at Sutherland. NIIT Academy of Relationship and Wealth Management, a joint initiative by Axis Bank, and NIIT Institute of Finance, Banking and Insurance (NIIT IFBI) launched its second program on “Virtual Sales and Relationship Management” that offers an exciting sales career with Axis Bank. Given the increased hiring trajectory across IT and BFSI sector, there is a greater demand for TPaaS offering both from existing and new customers.

Other Highlights

NIIT earned 51 Brandon Hall Group Human Capital Management Excellence awards including 30 Gold awards, 12 Silver Awards, and 9 Bronze awards jointly with customers.
NIIT’s nominees who are learning leaders from customer organizations won 7 Chief Learning Officer Learning in Practice awards including 4 gold awards, 1 silver, and 2 bronze awards.
NIIT IFBI won the ‘Training & Education Excellence Award’ at the Quantic India 3rd Annual BFSI Excellence Awards 2021

 
     
     
 
   
NIIT achieves 100% student placement for its Full Stack Product
Engineering program batch
 
 

 

 

 

 

 

 

 

 


Abhishek Arora,
EVP and Business Head, Skills and Careers Business, NIIT Ltd.,
 

“NIIT has always been committed towards producing highly skilled and deployment ready talent in emerging job roles. The recruiters continue to show faith in us and recognize NIIT’s commitment towards delivering disruptive learning solutions. We will continue to work together with the industry to help our learners carve successful careers, be productive and day one Job ready”.

 

 

 

 

 

 

NIIT has achieved 100% student placement for its fresh batch of Full Stack Product Engineering program.

NIIT Digital is offering Placement Linked Full Stack Product Engineering program for Engineering Students & Graduates. The Product Engineering program is delivered via virtual live classes and is specifically designed with a methodology that accelerates learning and hones learners into becoming Day 1 project-ready Full Stack Product Engineers with deep skills. The second phase of the programme (Enterprise Layer) involves releasing and demonstrating an interactive product, solving a real-world problem.

NIIT has successfully transitioned its customers to the NIIT Digital platform and through this, learners are able to access their learning plans and all associated content and services digitally.

This year, prominent recruiters from large MNC’s continued to show faith in the calibre of the students. The highest salary offered for the program was Rs 7 Lakhs Per Annum (LPA). A total of 37 students were placed for the fresh batch of the program within an average of 8.75 days of their graduation.

According to Statista, in 2021 employability amongst Indian engineering graduates is about 47 percent, a decrease from 49 percent in 2020. The overall employability of the youth in the country has been stagnant at around 46 percent over the past four years. The major reason for this is that under-graduates are prepared academically and not on-the-job challenges.

The program offers job opportunities in various fields including Product Engineering, Full Stack Development, Software Engineer, Software Development amongst others.

The program’s key specializations include combine programming languages, tools and engineering practices to build, test, integrate, package, deploy, and release non-trivial Web apps and more.

This is a 22-week immersive learning program for Engineering Students & Graduates, Working IT Professionals with less than or equal to 2 years of experience. The program is delivered virtually with Mentor Led live sessions using a two-way Audio-Video based virtual platform in real time. On successful completion of the immersive programs, the learners will receive a StackRoute Certified Full Stack Product Engineer certificate. 

For more information visit: https://www.niit.com/india/graduates/information-technology/pg-program-full-stack-product-engineering

NIIT Digital is also offering a Placement Linked Full Stack Digital Marketing Programme for Graduates and Emerging Entrepreneurs, Data Science Foundation Program and Advanced Post Graduate Program (PGP) in Data Science & Machine Learning and Advanced Post Graduate Program in Cloud Computing and Cybersecurity. The programs will be delivered via virtual live classes, by Industry led professionals, to create Day 1 job-ready talent pool.

 
     
     
 
   
NIIT acquires majority stake in RPS Consulting to strengthen its
training solutions in emerging digital technologies
 
 

 

 

 

 

 

 


Vijay K Thadani
Vice Chairman & MD,
NIIT Ltd.
 
“We are excited to have RPS Consulting join the NIIT family. Their technical expertise will expand NIIT’s capability to accelerate digital transformation journeys of large enterprises”.

 

 

 

 

 


Sapnesh Lalla,
CEO and Executive Director, NIIT Ltd.
 

“This acquisition enhances NIIT’s strengths and capabilities to offer emerging technology programs for experienced technology professionals, in addition to NIIT’s new hire, deep skilling and digital transformation programs.”

 

 

 

 

 

 

 

 

 

 

 

 

 

NIIT Limited has acquired 70% stake in RPS Consulting Private Limited (RPS Consulting). The board of NIIT Limited approved this transaction during the board meeting held on October 1, 2021. The remaining 30% shareholding will be acquired by NIIT from the promoters of RPS Consulting in subsequent tranches based on achievement of certain financial milestones and closing adjustments in terms of the transaction documents within the next two and a half years.

RPS Consulting is a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies. Its trailing 12 months revenue for the period ending September 30, 2021, is estimated at approximately Rs 105.7 Cr, with a year over year growth of 32%.  

Bengaluru-based RPS Consulting offers:

Advanced technology trČaining to experienced technology professionals of over 260 companies across key IT hubs in India, including Bengaluru, NCR, Hyderabad, Chennai, Pune and Mumbai
Comprehensive program catalog with over 2000 courses on emerging technologies from 23 global technology partners (including Microsoft, Red Hat, VMware, Citrix, Dell EMC, Google, AWS and ISC2 among others)
Specialized training solutions on emerging digital technologies such as Artificial Intelligence /Machine Learning, Data Science, DevOps, Automation, and Cybersecurity.
A digital platform that enables real-world, hands-on virtual labs on a multitude of emerging technologies, supported by an extensive pool of over 700 certified mentors.

This acquisition creates new opportunities for NIIT and RPS Consulting to deliver innovative learning solutions in emerging digital technologies including Software Architecting and Engineering, Data Science, Cloud, Automation and DevOps, for both working professionals and new hires. This acquisition will also help NIIT expand its Managed Training Services portfolio to include technology training as a Managed Service for its global customers. Pursuant to the transaction, RPS Consulting has become a subsidiary of NIIT. The leadership team of RPS Consulting would continue to drive operations. 

Commenting on the development, Prasad Balakrishnan, CEO and Executive Director, RPS Consulting Pvt. Ltd. said “Both NIIT and RPS Consulting are leading names in the technology training industry. We are confident that this acquisition will result in creating significant value for our customers, partners and stakeholders”.

Shardul Amarchand Mangaldas & Co acted as legal advisors for NIIT. Grant Thornton Bharat acted as financial and tax advisors and Majmudar & Partners acted as legal advisors for RPS Consulting. 

 
     
     
 
   
NIIT announces fresh batch of Full Stack Digital Marketing Programme
for Graduates and Emerging Entrepreneurs
 
 

 

 

 

 

 

 

 

 


Abhishek Arora,
Business Head, Skills
and Careers Business, NIIT Ltd.,
 

“Over the years NIIT has been committed towards delivering disruptive learning solutions, producing highly skilled and industry ready talent in emerging job roles. We are pleased to launch the fresh batch of Full Stack Digital Marketing program that ensures entrepreneurial success and prepares learners for a career in digital marketing, meeting the talent requirements for the industry.”

 

 

 

- To create StackRoute Certified Industry-Ready Digital Marketing Experts

- Train Graduates and Emerging Entrepreneurs with Industry ready digital marketing skills

- Offer job assurance to students enrolled for the course

NIIT Limited announced the launch of fresh batch of cutting-edge Full Stack Digital Marketing Programme for Graduates and Emerging Entrepreneurs under NIIT Digital. 

NIIT has successfully transitioned its customers to the NIIT Digital platform and through this, learners are able to access their learning plans and all associated content and services digitally.

Digital Marketing as a career option, is witnessing a rapid growth in India. Research by multiple job portals has revealed that there is a yearly demand for 2 million digital marketing jobs in India. Digital Marketing also features as one of the top career trends in LinkedIn’s “Jobs on the Rise 2021 India” list. To add today’s start-ups need digital-driven marketing strategy for customer acquisition. Therefore, it has also become imperative for aspiring entrepreneurs to acquire digital marketing skills.

For Graduates, the Full Stack Digital Marketing program will provide on-demand placement assurance for digital marketing job roles like digital marketing executive, brand marketing executive, social media marketing executive etc. The program will enable aspiring Entrepreneurs with the requisite digital marketing skills for customer acquisition and business growth, which also enables them to enhance their business growth with the new age Digital Marketing skills that the program is offering.

The course is designed by leading Industry practitioners and can help transform the learner’s career and make them readily deployable to any project without additional training. The program enables the learners with Full Stack Digital Marketing competencies, ranging from content marketing and organic marketing to paid campaigns and e-commerce enablement.

As part of our practice-based immersive learning methodology, the learner will gain hands-on expertise in more than 40 state-of the-art digital marketing tools such as Wix, Giphy, Insta Shorts, IGTV, YouTube, Pinterest, LinkedIn, Facebook Ads, Google Trends, Google Alerts, Google Ads, Google Analytics, Amazon and many more.

The duration of the Program is 20 week. Graduates from any stream with requisite eligibility criteria can apply for the program. The program will be delivered virtually with Mentor Led live sessions using two-way Audio-Video based virtual platform in real time.

On successful completion of the immersive programs, the learners will receive StackRoute Certified Full Stack Digital Marketing Specialist certificate. The program also offers placement assurance to students enrolled for the course, post grooming/mentoring. The weekly placement grooming sessions include Personalized remedials, Practice Aptitude & Logical reasoning skills, Interview Handling & Mock interviews, Industry connects and Digital profiling building.

For more information visit: https://www.niit.com/india/graduates/digital-marketing/full-stack-digital-marketing-programme

NIIT Digital is also offering Placement Linked Full Stack Product Engineering program for Engineering Students & Graduates, Data Science Foundation Program and Advanced Post Graduate Program (PGP) in Data Science & Machine Learning and Advanced Post Graduate Program in Cloud Computing and Cybersecurity. The programs will be delivered via virtual live classes, by Industry led professionals, to create Day 1 job-ready talent pool. 

 
     
     
 
   
Sutherland partners with StackRoute to launch the “Full Stack
Engineering Program”
 
 

 

 

 

 

 

 

 

 


Bimaljeet Singh Bhasin,
President, Skills and Careers Business,
NIIT Ltd.,
 

“NIIT’s Talent Pipeline as a Service (TPaaS) initiative helps enterprises build a pool of high-quality incoming workforce, which has been skilled in line with specific requirements of the enterprise. This TPaaS association between Sutherland and StackRoute, an NIIT venture, is designed to build a pipeline for a deep -skilled digital workforce for Sutherland”.

“We are excited to partner with Sutherland and look forward to contributing to Sutherland’s growth plans by building high quality IT and Digital Professional talent pool,” 

 

 

 

 

 

 

 

 

 

- An immersive program designed to build an innovative, organic ecosystem for a deep-skilled digital workforce

Sutherland, a leading global digital transformation company based out of Rochester, NY, USA and StackRoute, an NIIT Venture, have entered a partnership to launch an immersive training program designed to identify the right talent and develop them as high-quality Full Stack IT Professionals, handling critical roles at Sutherland. This initiative is a part of Talent Pipeline as a Service (TPaaS), which helps enterprises build an incoming, deep-skilled talent pool in leading digital technologies, platforms, and agile methodologies.  

The program targets passionate technical graduates with 0 to 2 years of work experience and potential for developing deep skills via a virtual immersive model on Full Stack technologies beyond Java and .NET. The program is jointly designed by the industry practitioners of StackRoute and Sutherland and involves multiple leading technologies and real-life case studies with the objective of ensuring day one readiness for handling critical platforms and projects at Sutherland Digital, providing solutions across global Fortune 1000 companies. 

Largely sponsored by Sutherland, the program allows learners to obtain a cutting-edge Full Stack qualification at a highly subsidised cost and build a successful digital career at Sutherland. While providing exceptional career opportunities to aspiring and capable digitally-savvy graduates, Sutherland concurrently exhibits its confidence in cultivating skilled digital talent for its own operations and for their clients.  

“The pace of Digital Transformation is rapidly changing the future of work” said Anil Joseph, Head Human Resources for APAC, EMEA and MENA at Sutherland. “There is an urgent need to disrupt the talent supply chain with an innovative, organic ecosystem that creates a sustained and deep-skilled digital workforce.”

“Over 35 years, Sutherland has helped the world’s most experienced native brands to achieve non-linear growth by delivering exceptionally engineered experiences for their customers and employees,” said Doug Gilbert, CIO and Chief Digital Officer at Sutherland. “We do this by continually developing future-proofed products and platforms that combine human-centered design with the scale and accuracy of real-time analytics, AI, cognitive technology and automation. Our partnership with NIIT will create a ready pipeline of talent to support the evolution of our robust IP.” 

For more details about the program visit: https://www.niit.com/india/graduates/software-engineering/full-stack-engineering-program

 
     
     
 
   
Axis Bank and NIIT IFBI launch a new program on Virtual Sales
and Relationship Management
 
 

 

 

 

 

 

 

 

 


Bimaljeet Singh Bhasin,
President, Skills and Careers Business,
NIIT Ltd.,
 

“NIIT strives towards solving talent and workforce related challenges and helps enterprises across sectors to build modern and high-quality workforce. Our programs are designed to skill fresh and existing workforce in modern Business, Digital and Data Skills. Virtual Management of customers is a critical skill in the digital world. We are delighted to launch the Virtual Sales and Relationship Management program in partnership with Axis Bank. We look forward to contributing to Axis Bank’s growth plans by building high quality Banking talent.”

 

 

 

 

 



 - Program designed to build future ready Virtual Relationship Managers and Virtual Acquisition Managers for Axis Bank

-Special Webinar on ‘40 Years of ICT Industry and the Next 10 Years’ by Dataquest

Axis Bank – NIIT Academy of Relationship and Wealth Management, a joint initiative by Axis Bank, India’s third largest private sector bank, and NIIT Institute of Finance, Banking and Insurance (NIIT IFBI) - a subsidiary of NIIT Limited, has launched its second program on “Virtual Sales and Relationship Management” that offers a great sales career with Axis Bank. 

The Axis Bank - NIIT Academy of Relationship and Wealth Management was launched last year for building a high quality talent pool for Axis Bank in Relationship Banking and Wealth Management Roles. Under this joint initiative, the Academy has been successfully running the Priority Banking Programme.

The new program on Virtual Sales and Relationship Management is a combination of virtual training and on-the-job learning, to make future-ready banking professionals. The learners will go through an immersive program of virtual training for three months and a one month internship, where they will be deployed at Axis Bank Virtual Centres as Assistant Managers. The program will extensively engage the learner in role plays, case studies, persona-based problem solving and other assignments to make them job-ready from Day 1.

For more information please visit: https://www.niit.com/india/graduates/
banking-and-finance/virtual-sales-and-relationship-management
-program


 
     
     
 
   
NIIT Earns 51 Brandon Hall Awards Jointly with Customers
 
 

 

 

 

 

 

 

 

 


DJ Chadha,
Executive Vice President
at NIIT’s Corporate Learning Group.
 

 “We are deeply honored to receive this prestigious recognition by Brandon Hall Excellence Awards jointly with our customers. In these challenging times, earning this recognition for the path-breaking work that we do with our customers is truly rewarding. We are committed to delivering best-in-class solutions to our customers and these awards acknowledge and reaffirm that commitment,”


NIIT Limited announced today it has earned 51 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The Brandon Hall Group Excellence awards are awarded for excellence in Corporate Initiatives, Diversity, Equity & Inclusion, Human Resources, Future of Work, Learning, Talent Management, Sales Performance, Leadership Development, Talent Acquisition, Workforce Management and Technology.  

NIIT earned 51 awards in various categories jointly with customers for 2021: 

30 Gold awards

Gold award for Best Advance in Custom Content category jointly with ABB for Lug Link: How to Videos
Gold award for Best Advance in Custom Content category jointly with Getinge for Getinge's Safety Mascot
Gold award for Best Advance in Custom Content category jointly with Discover for Discover Diversity and Inclusion
Gold award for Best Advance in Creating a Learning Strategy category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Extended Enterprise Learning Program category jointly with MetLife for MetLife Distribution Academy
Gold award for Best New Hire Onboarding Program category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Advance in Learning Measurement category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Advance in Learning Technology Implementation category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Blended Learning category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Mobile Learning category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Unique or Innovative Learning and Development Program category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Program for Sales Training and Performance category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Sales Onboarding Program in the Sales Performance program category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Sales Training Program for Extended Enterprise category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Unique or Innovative Sales Training Program category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Learning and/or Talent Technologies category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Social and Collaborative Learning category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Advance in Managing a Remote Workforce category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Performance Support category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Program for Upskilling Employees category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Learning Program Supporting A Change Transformation Business Strategy category jointly with MetLife for MetLife Distribution Academy
Gold award for Best Use of Video for Learning category jointly with Network Rail for Passenger Service Professional Video Series
Gold award for Best Learning Program Supporting a Change Transformation Business Strategy category jointly with Philips (StackRoute) for Developing a Consulting Mindset
Gold award for Best Certification Program category jointly with Pitney Bowes for PreSort Lean Six Sigma Initiative
Gold award for Best Results of a Learning Program category jointly with Pitney Bowes for Client-Centered Innovation Program (CCIP)
Gold award for Best Use of Performance Support category jointly with Pitney Bowes for Selling the Value of Pitney Bowes Global Service
Gold award for Best Advance in Custom Content category jointly with Ricoh for State and Local Government Awareness Training
Gold award for Best Advance in Custom Content category jointly with Ricoh for Pro C5300 Series
Gold award for Best Advance in Custom Content category jointly with Rio Tinto for Level 1 Basic Investigation Part 1 and Part 2
Gold award for Best Advance in Custom Content category jointly with Shell for Adaptive Learning - Personal Protective Equipment

12 Silver Awards

Silver award for Best Advance in Custom Content category jointly with Getinge for Financial Agility and Expertise
Silver award for Best Results of a Learning Program category jointly with IQVIA for Monitoring Performance Training
Silver award for Best Use of Video for Learning category jointly with IQVIA for Advance Plan
Silver award for Best Use of Video for Learning category jointly with IQVIA for Account Planning
Silver award for Best Use of Blended Learning category jointly with IQVIA for Monitoring Performance Training
Silver award for Best Results of a Learning Program category jointly with MetLife for MetLife Distribution Academy
Silver award for Best Advance in Creating a Learning Strategy category jointly with Pitney Bowes for Three Year L&D Plan Approach
Silver award for Best Advance in Social and Collaborative Learning category jointly with Pitney Bowes for Building Value at Pitney Bowes
Silver award for Best Unique or Innovative Learning and Development Program category jointly with Pitney Bowes for Client-Centered Innovation Program (CCIP)
Silver award for Best Advance in Custom Content category jointly with Ricoh for Ricoh Portfolio Training: IM Series
Silver award for Best Advance in Custom Content category jointly with Shell for Requirements 101
Silver award for our StackRoute division in the Best Program for Upskilling Employees category jointly with UST for Bootcamps - Skilling the UST way!

9 Bronze Awards

Bronze award for Best Use of Games or Simulations for Learning category jointly with Alexion for Hospital Selling Skills
Bronze award for Best Unique or Innovative HR Program category jointly with IQVIA for Meeting in a Box
Bronze award for Best Advance in Creating a Learning Strategy category jointly with IQVIA for Monitoring Phase 1 Oncology Studies
Bronze award for our StackRoute Division in the Best Unique or Innovative Learning and Development Program category jointly with Philips for Automation Business Analyst
Bronze award for Best Program for Sales Training and Performance category jointly with Pitney Bowes for SendTech Studies Season 1
Bronze award for Best Unique or Innovative Learning and Development Program category jointly with Pitney Bowes for Building Value at Pitney Bowes
Bronze award for Best Advance in Custom Content category jointly with Ricoh for Business Maturity
Bronze award for Best Advance in Custom Content category jointly with Sanofi for Guiding Principles for AI
Bronze award for Best Use of Performance Support category jointly with Shell for Learning from Incidents - Nigeria

The winners are listed at https://www.brandonhall.com/excellenceawards/past-winners.php 

“Brandon Hall Group Excellence Awards in 2021 provide much-needed and well-deserved recognition to organizations that went above and beyond to support their stakeholders during the unprecedented disruption of the COVID-19 pandemic,” said Brandon Hall Group COO and HCM Excellence Awards Program leader, Rachel Cooke. “The awards provide validation of best practices in all areas of HCM at a time when they have never been more important to employers, employees and customers.”

Award entries are evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts and executives based upon the following criteria: fit the need, design of the program, functionality, innovation, and overall measurable benefits.

All Excellence Award winners will be honored at Brandon Hall Group’s HCM Excellence Conference, Feb. 1-3, 2022 at the Hilton West Palm Beach, Florida.

*Please note: Brandon Hall Group is a professional development company that offers data, research, insights, and certification to Learning and Talent executives and organizations and in no manner is related to NIIT Ltd.


 
     
     
 
   
NIIT IFBI bags ‘Training & Education Excellence Award’ at the BFSI
Excellence Awards 2021
 
 

 

 

 

 

 

 

 

 


Bimaljeet Singh Bhasin,
President, Skills and Careers Business,
NIIT Ltd.,
 

“We are delighted to receive the ‘Training & Education Excellence Award’ for NIIT IFBI at Quantic India’s 3rd Annual BFSI Excellence Awards 2021. At NIIT, we have been working with the industry for close to four decades and are focused on delivering outcome driven learning interventions in line with emerging talent requirements of the industry”.

 

 

 

 

 



- Awarded under Enterprise Solution Provider Category

NIIT Institute of Finance Banking and Insurance (NIIT IFBI) - a subsidiary of NIIT Limited, has won the ‘Training & Education Excellence Award’ at the Quantic India 3rd Annual BFSI Excellence Awards 2021. The award was received by Gaurav Nigam - SVP & Business Head Enterprise Business, NIIT Ltd., and Ruchi Goel, Head Key Accounts and Solutions- BFSI, NIIT Ltd., at a recent ceremony organized in Mumbai, India.

NIIT IFBI is uniquely positioned to address the skilling needs of banks and financial sector and has recently announced Post Graduate Diploma in Banking and Relationship Management and FinTech Professional Programme for graduates in partnership with one of the leading private banks in India. 

Speaking at the Quantic India event panel discussion on ‘The New Imperative: Delivering Digital Value in BFSI sector’, Gaurav Nigam SVP & Business Head Enterprise Business, NIIT Ltd. said, “Any organisation that was agile and nimble benefitted from the crisis. Additionally, at NIIT we believe, that when organisations are going digital, you have to make your workforce digitally enabled too”.

With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. The company has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business.

Congratulating NIIT on the achievement Marquis Fernandes, Business Head – India, Quantic India said, “Quantic India BFSI Excellence Awards celebrate organizations, teams, and practitioners who have surpassed landmarks and delivered successful business outcomes using digital as a medium. This award is a recognition of NIIT’s thrust in providing the best training services through innovative use of technology”.

Quantic India’s 3rd Annual BFSI Excellence Awards 2021 is a leadership gathering for companies from the BFSI sector, to demonstrate their thought leadership on their outstanding market performances throughout the pandemic. The event featured the presentation of BFSI Awards to the leading companies in the sector across various categories.

*Please note: Quantic India is a 3rd party organisation specializing in B2B trainings/ summits and business meets and in no manner is related to NIIT Ltd. A total of 15 participants were evaluated for the Enterprise Solution Provider Category where NIIT IFBI was awarded the Training & Education Excellence Award.


 
     
         
   
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