in ebusiness and convergent technology space,to be an institution that will simultaneously focus on six differentaspects—domain, tools, methodology, quality, innovation and branding.Four realistic targets have been set for 2005—achieving sales of $123million, setting up four development centers internationally, committing asignificant portion of profit after tax to support primary education andsubstantial wealth creation. The company plans to extend stock optionsacross the board, right from the front office person to the Chairman. Thefounders of MindTree have taken up knowledge dissemination as a personalmission.As regards its business aspect, MindTree has two areas of focus—e-businessand t-business. While the former is about consulting and implementation ofe-business assignments for customers in the US and India, with the additionof one more geography by the end of the year, the latter—a division calledMindTree Technologies provides high-end technology services and solutions.While e-business is to do with digital strategy down to implementation,catering to CEOs and CIOs of Fortune 500 companies, t-business is about theinterplay of all converging technologies and customer focus directed towardstelecom and internet appliances.The strategy is very clear. To begin at the upper-end of the pyramid and addhigh value by delivering consulting skills of international standards.Further, value addition is being done in a business backward manner bydeciphering customers’ needs to build solutions. By setting up e-labs thatconduct an advance study of various trends and technologies,time-to-knowledge benefit is brought to customers. On the other handMindTree Technologies, is foraying into areas of IC design, wirelesstechnology, and VoIP and network management. In short, both the businessesuse strong methodologies, which help the customer to manage total cost ofownership.As usual when stalwarts join hands to form an ace t...
