Leadership meet - A milestone in Initto’s growth story

December began on an exciting note. We held our first leadership meet, “Creating An Alignment To Deliver Long-Term Success”, at Neemrana Fort Resort from December 1 to 3 and came back recharged, with refreshing ideas to boost Initto’s growth.

We invited different departments to share their achievements/challenges from last year; team structuring/restructuring if any and quarter-wise strategies for the coming year.

Day One, however, was reserved for fun activities. After a few hours of team building tasks, we let our hair down over dinner and cocktail, with Rajasthani fold dance and music for entertainment.

The next day started with an opening speech by our CEO, Niels Liest, followed by an organizational overview, which included a discussion on our budget, business update and rate card for next year, by our COO, Deepak Gupta. Then came the turn of our departments to present their achievements for the year and the future plans. The sessions highlighted the team’s vision for the company, the challenges they faced in achieving that vision and a roadmap for the future. The day ended with a Bollywood-themed party, complete with delicious food and interesting cocktails.

The last day of the meet was reserved for discussing HR issues that affect day-day functioning of a company by Mahendra Pratap Singh. The sessions were divided into Environment, wherein current issues were discussed and proposed solutions given; Attrition/Retention, wherein latest attrition trends were analysed; Bench Utilisation, wherein past data was analysed and future plans were chalked out for more effective utilisation of information and Recruitment and Training, wherein the challenges were discussed and solutions roposed. A session was devoted to lessons learnt from Best Practice and domain initiatives taken. Parivartan, a concept on Idea Lab was also discussed.

After a sumptuous lunch, we did a Flying Fox. Then we all headed back to Delhi refreshed, our minds brimming with ideas. The meet would remain a milestone in Initto’s growth map as it covered a gamut of operations, right from our achievements, including the challenges faced on the way, to our future course of action.

Here’s to Initto’s growth!

Initto- The New Captive Inspiration for Markets!

Initto company profile

Established in 2003, we are a global IT services provider with a strong Danish foundation. We provide a wide range of customized IT services, product engineering solutions and consulting to clients worldwide. By specializing in these three service offerings, we give our clients access to specialists, thereby enabling them to focus on their core competencies. This also gives them quality time for innovation and value creation.

A brief history

In 2003, KRING Development A/S merged with the Danish-Indian company, ContinuumIT and became Kring Technologies A/S in Denmark and KRING India Pvt Ltd in India . Before 2003, KRING Development A/S developed e-business solutions for several established Danish customers, while ContinuumIT´s core competence was development of software applications through its offshore location, and the company had clients in both Europe and the USA.

The two companies, therefore, complemented each other - KRING Development having a strong presence in the local market and ContinuumIT, with its offshore development center and clientele around the world, providing a global perspective to the partnership.

In 2005, KRING Technologies entered into a joint venture with a major American client in India. That same year, KRING also established partnerships in Ukraine with two different companies, and as a result KRING was established in Ukraine as an independent company - KRING Eastern and Central Europe – in 2006.

In September 2008, KRING Technologies changed its name to Initto. The name change marked the completion of an extensive reorganization of the company and strengthening of processes. It was also a step towards fulfillment of its objective of becoming the most efficient software provider in the market.

In November 2009, Initto teamed up with Saxo Bank to support and speed up the development and strengthening of the latter’s trade systems. By July 2010, Saxo Bank bought all Initto’s stocks, thus owning the company entirely and making it the bank’s 100% subsidiary.

Services

Initto’s services are based on our Global Delivery Model, which is managed by Global Delivery Managers based close to our clients. Our services are executed by resources based in our global development centers in India. Our teams integrate themselves into the client's business technology and functional requirements and then apply industry standard development processes and technologies to deliver solutions that meet our clients' requirements.

To ensure stability in our services, we have established a solid quality model based on CMMi maturity level 3. For development, we have implemented agile development models such as SCRUM and Extreme programming and the traditional Waterfall model.

At Initto we are happy to share our experience in quality and development processes with our clients. This approach enables us to establish, develop and stabilise processes that ensure on time delivery of repeatable high quality solutions.