NIIT Institute of Process Excellence to Offer Training Programs in Business
Process Services
New Delhi, June 11, 2008: Genpact (NYSE: G), which manages
business processes for companies around the world, and NIIT, a leading Global
Talent Development Corporation, today announced the launch of a joint venture —
NIIT Institute of Process Excellence Ltd — to address the
increasing demand for skilled workers in the business & technology services
industry by providing training programs in relevant areas. The new company will
initially offer training programs in areas such as business processes, language
skills and business communication, and intends to add additional offerings in
other areas including finance and accounting, banking, insurance and supply
chain. NIIT Institute of Process Excellence is designed for students aspiring to
build sustainable careers in the high growth business and technology services
industry.
The joint venture was announced by Mr. Pramod Bhasin, Vice
Chairman, NASSCOM and President & CEO, Genpact; Mr. Rajendra S.
Pawar, Chairman, NIIT; and Mr. Vijay K. Thadani, CEO,
NIIT, here today.
Mr. Bhasin said, “This is a significant milestone that we believe
will benefit not only Genpact, but the entire business and technology services
industry. Genpact and NIIT are committed to building a world class training
organization that will focus on developing talent and increasing employability
to meet the growing demand for a skilled workforce in the countries
where we operate.”
Mr. Rajendra S. Pawar, Chairman, NIIT said, “Our new initiative
will build a pool of ‘global professionals’ to fuel the growth of the ITES
industry”.
NIIT Institute of Process Excellence offers a solution to the business and
technology services industry’s growing need for a large talent pool skilled in
business process knowledge. The industry has historically focused on voice-based
processes and is now shifting focus to business processing functions. This shift
is leading to a strong demand for professionals with business processing
knowledge in addition to voice capabilities.
NASSCOM estimates indicate that the Indian business process outsourcing, or
BPO, industry provided direct employment to 704,000 professionals in FY 2007-08,
and is projected to generate an additional 1.4 million jobs by 2010.
Genpact and NIIT will combine their respective strengths to offer the
industry’s most comprehensive training curriculum for existing and potential
employees of business services and technology companies. Genpact will provide
industry-specific knowledge as well as internship and job opportunities to
students. NIIT will complement this with its expertise in learning content
development, training delivery, and its capabilities in education process
management.
Sharing details about the training facilities, NIIT CEO Vijay K. Thadani
said, “NIIT Institute of Process Excellence training programs will be
offered to students through our state-of-the-art learning centers in key metros,
mini metros and Tier II towns in India, followed by China and the Philippines”.
Training facilities in Indian cities—Gurgaon, Hyderabad, Kolkata,
Bangalore, Chennai, Mumbai and Pune—will be set up in the first year of
operations, followed by Dalian, Changchun, Shanghai and Xian in China, and
Manila in the Philippines in the next phase. Genpact and NIIT expect the new
institute to have over 250 learning centers by 2012.
Highlights of NIIT Institute of Process Excellence
NIIT Institute of Process Excellence will offer knowledge and training in
business processes, as well as soft skills. The new training curriculum is
designed to provide students with a sound knowledge of business processes, basic
voice training, followed by a specialization in advanced voice training and
basic finance. The course includes three months of classroom training followed
by a one month internship in an ITES company. NIIT Institute of Process
Excellence will have a blended learning curriculum, with a good mix of computer
based and instructor led training, and will offer hands-on practice on business
processing functions and applications. Highly automated training systems, and a
pool of trainers from the industry, will be deployed to address the training
needs of students.
About Genpact
Genpact manages business processes for companies around the world. The
company combines process expertise, information technology and analytical
capabilities with operational insight and experience in diverse industries to
provide a wide range of services using its global delivery platform. Genpact
helps companies improve the ways in which they do business by applying Six Sigma
and Lean principles plus technology to continuously improve their business
processes. Genpact operates service delivery centers in India, China, Hungary,
Mexico, the Philippines, the Netherlands, Romania, Spain and the United States.
For more info, please visit genpact.com.
About NIIT
NIIT, Asia's No. 1 trainer and leading Global Talent Development
Corporation, offers learning and knowledge solutions to 5 million students
across 32 countries. Leading IT magazine Dataquest has conferred upon NIIT, the
Top IT Training Company Award 2007. Rated among India's Superbrands (2003-05),
NIIT's Individual Learning Business offerings include: Industry-endorsed
programs for students seeking careers in IT: GNIIT, Integrated ANIIT for
Engineers (IAE) and Advanced Technology Programs for IT professionals. For
working professionals, NIIT Imperia, Centre for Advanced Learning, offers
Executive Management Education Programmes in association with Indian Institutes
of Management (IIMs) at Ahmedabad, Indore and Kolkata.
NIIT Institute of Finance Banking & Insurance (IFBI),
formed with equity participation from ICICI Bank, offers programs to
develop talent for the banking industry.
NIIT offers turnkey IT integration program for schools. NIIT has provided
computer-based learning to over 6000 government and private schools. NIIT's
Corporate Learning Solutions, offers integrated learning solutions (including
strategic consulting, learning design, content development, delivery,
technology, assessment and learning management) to Fortune 500 companies,
Universities, Technology companies, Training corporations and Publishing
houses.
Element K delivers learning solutions for customers and
partners through a tailored combination of catalog learning products,
technology, and services. The offerings include: vLab®:
hands-on labs, instructor-led courseware, comprehensive e-reference libraries,
technical journals, and KnowledgeHub™: hosted learning
management platform.
NIIT together with Element K is now the first and the best choice
for comprehensive learning solutions, worldwide.
For media queries, please contact:
Prateek Chatterjee, NIIT
+91 9910201085, 124 4293041,
Shivanjali Singh, NIIT
+91 9811991107, 124 4293044 or