History of CMC Ltd.
1975
- The Comp. was incorporated on 26th December at Andhra Pradesh. The Company was instrumental in developing an indigenous base for computer know-how in the country by offering users the complete range of computer support services. It provide IT based services & turnkey solutions connected with all aspects of computers & communications.
- The Comp. entered other areas of computers & communications related services like systems consultancy & design, systems integration soft ware development, data communication & networking providing total solution to specific needs of clients.
1978
- It took over the maintenance of over 800 IBM data processing and computer installations in the country in June & later started maintaining systems of other manufacturers as well.
1992
- The major projects undertaken by Comp. were [is] `Coals-rails' project for Coal India Ltd.; [iis] Pipeline Monitoring & leak detection SCADA system for ONGC; [iiis] Turnkey SCADA system for NTPC for their generation data acquisition & Monitering; [ivs] A comprehensive Container & Cargo Management system for Port of Fujairah; [vs] Import Export Cargo Management system for the international Airports Authority of India & [vis] Technology updation/modernisation project for UTI.
- 25,27,800 shares were disinvested by Govt. in favour of GIC and its subsidiaries at face value.
1993
- Major International Contracts were signed with CMC' Crystal package to Jordan Phosphate Mining Company, CMC MACH-Container Terminal Management System to Port of Penang in Malaysia, ICIM, India Saudi Business Machines, Saudi Arabia for software & professional services, Extension order for software project with HRMS Oman, Contract with RITSEC Egypt for providing professional IT Training Services in Egypt, A two year consultancy contract with State Commercial Bank, Mauritius.
- The Major projects undertaken were [is] A user friendly foreign exchange & trade finance package called Bank vision; [iis] A State-of-the-art-on-line integrated retail banking package the Total Concept system version 4; [iiis] Materials & Maintenance management project for TISCO; [ivs] A project to facilitate allocation of coal to customers for Eastern Coalfields Ltd.; [vs] A sample testing, monitoring and recording system at the National Test house with high user satisfaction; [vis] Installation of CDC 870, CDC 930 systems & NCR 3550 at CMC Private STP, Gachibowli; [viis] Installation of CYC/R[Cyclones]/Integrity a Fault Tolerant Tandem Maintenance. [viiis] MESIEA [Message Simulation Error Analysiss] software for LRDE-Bangalore.
1994
- The Comp. undertook a major restructuring exercise to give focus to the main line of activities. Five Strategic Business Units viz. Customer Services, System Integration, International, Education & Training & Indonet have been formed.
- Major International contracts signed during the year were [is] Contract for Computer Based Training packages to the European market place through Electrovision, UK; [iis] Contract for onsite & offshore software development for specialised tunnelling software for Amberg Measuring Technique, Switzerland, [iiis] Contract for support services in India & 20 other countries in Middle East for Photogrammetry equipment supplied by Swiss multinational Leica.
- Another major contract entered by Comp. was with M/s. Linktek of Canada for development of Freebalance Financial System.
- Major projects undertaken by Comp. were [is] The screen based Stock Trading System for BSE; [iis] Across the Counter sales of unit Certificate for UTI; [iiis] Jacket Inspection system for ONGC; [ivs] Container Terminal Control System for BPT; [vs] CMCMAIL package for Chennai Stock Exchange; [vis] ELINT Ground processing & Display system project for DLRL; [viis] Corporate Information System for Neyveli Lignite Corporation; [viiis] On-line integrated information system for Tamilnadu Newsprint and Papers Ltd.; [ixs] Integrated Management system for Assam Oil; [xs] Commercial/business system based on sybase & Power Builder for IBP; [xs] Customised implementation of AMIGAS system for weather forecasting; [xiis] Materials management, Track & Trace system for speed post, Department of Posts; [xiiis] Integrated Container Management system for Tuglakabad Inland Container Depot; [xivs] Integrated Cargo Management system for IAAI; [xvs] Development of front-end software.
1995
- The Major projects undertaken were: [is] On line screen based Trading system for Calcutta Stock Exchanges; [iis] Integrated Information system for Games Management for South Asian Federation Games at Chennai and the Sixth African Games at Zimbabwe; [iiis] EREB-SCADA Augmentation project facilitating centralised monitoring of generation data from various generating stations; [ivs] Automatic Message Switching system for India Meteorological Department; [vs] On-line computerisation of Front office banking operations at Andhra Pradesh using the product `Bank View'; [vis] Development of software for reconnaissance, direction finding & frequency monitoring for a critical Electronic Air Warfare project undertaken by a premier Defence lab; [viis] Computerisation of Materials Management, Maintenance Management etc. for GSFC & GNFC.
1996
- A 3 year contract for development/support work for Linkteks `Free Balance' Financial Management system was signed. Total Concept Solution [Version 4s] was launched by Company.
- The major projects undertaken by Comp. were: [is] implementation of VECTOR for Ludhiana, Cochin, Coimbatore, Indore & Baroda Regional Stock Exchanges; [iis] Large value turnkey software projects for Indira Gandhi National Open University, Airport Authority of India & Power Finance Corporation; [iiis] Irrigation project for Teesta River in West Bengal; [ivs] UNIFACE based software project for Linktek Corporation of Canada; [vs] Computerisation project for National Games at Bangalore; [vis] Upgradation & replacement of Load Dispatch system for Andhra Pradesh and Tamilnadu State Electricity Boards etc.
1997
- Augmenting the existing systems were received from the Railways and the NSE.
- The Comp. tied-up with BaaN one of world largest ERP solution provider & the Comp. received an order for implementation of ERP from Semi Conductor Ltd, Punjab.
- CMC & Baan signed an agreement under which the former will market the ERP package developed by Baan.
- The State Bank Institute of Information Communication & Management [SBIICMs], in collaboration with CMC Ltd, has set up intranet to access various databases set up within the organisation.
- Sun Microsystems, the $8 billion US networking company, has roped in CMC Ltd, a government of India enterprise, to set up the first competency centre for development of Sun Java technologies in association with the Department of Electronics [DoEs] & Nasscom, the nodal agency of software companies.
- CMC Ltd, was awarded the Techies 97 award for best maintenance company, in recognition of providing quality maintenance services in the fields of hardware, networking & operational services like facility management.
- The ports of Bremerhaven & Eurokhai in Hamburg [Germanys] have signed agreement with the CMC.
1998
- CMC set up an ERP development centre in Calcutta in collaboration with Baan of Netherlands.
- CMC Ltd, the premier information technology company, launched India's first insurance application software package Genisys.
- The public sector CMC limited will set up a very-small aperture terminal [V-Sats] hub in Hyderabad to cash in on the booming industry.
- CMC has also set up a software development & competence centre in Calcutta which would continue to design & develop products for the insurance industry.
- CMC also wants to establish a wholly owned subsidiary in Europe and this is most likely to be established in the UK.
- India On-Line [Ps] limited [IOLs], the proposed joint venture between the MTC consortium & CMC Ltd, is to now function as a wholly-owned subsidiary of MTC & will be based in New Delhi.
- CMC recently signed an agreement with the New India Assurance Co. to provide a software application package.
1999
- CMC Limited signed an agreement with ITI Limited to implement an Enterprise Resource Planning software at the companies facility at Mankapur in Gonda district.
- Three of General Insurance Corporation subsidiaries are in talks with CMC limited for adopting Genisys, the general insurance software system developed by it.
- The Department of Electronics [DoEs] is setting up a Centre for Electronic Commerce in Hyderabad, to be housed & managed by the public sector Computer Maintenance Corporation [CMCs] limited in its Gutchi Bowli campus.
- CMC limited has signed a memorandum of understanding with Bharat Bhari Udyog Nigam limited [BBUNLs] to implement ERP [enterprise resource plannings] across the 10 subsidiaries of group.
- CMC also owns a 100 per cent subsidiary in the US, Baton Rouge.
2000
- The Comp. & Research Engineers Pvt Ltd, a subsidiary of Research Engineers Inc of US have entered into a collaboration with deemed university, Bengal Engineering College, to introduce a M Tech course in information technology [ITs].
- The Comp. has announced the introduction of its new e-DAST program.
- P. K. De has been appointed as director [technicals] of information technology major CMC Ltd.
- CMC Limited has been awarded the Platinum award for Best System Integrator Partner by Compaq India.
- CMC has entered into a strategic tie-up with Oracle India to offer Oracle Education Creer Programme.
- CMC limited has designed & developed a Website for municipal corporation of Delhi.
2001
-The Government invited bids for privatising computer Hardware major CMC Ltd.
-TCS, Wipro & H-P have submitted Expression of Interest for picking up government stake in CMC Ltd.
-Institute for Development & Research in Banking Technology along with CMC Ltd, is now evolving the required technology that will enable domestic banks to foray into electronic commerce in a big way.
-The president of India has appointed Shri Y S Bhave, Joint Secretary & Financial Advisor, Ministry of Information Technology on the Board of Comp. as the part time official Director.
-CMC Ltd has developed a range of applications covering the entire gamut of banking and insurance sectors,including software solutions for electronic payment gateways and e-cheques.
-Government has sold 51% of its stake in State-run computer software & maintainence firm CMC toTata Sons for Rs.152crs.
-Tata Sons has invited Shardul S Shroff, managing partner of law firm to join the board of CMC Ltd.
-CMC reconstituted its Board of Directors: Mr.S Ramdorai, Chairman Mr.S S Ghosh, Managing Director Mr Ishaat Hussain, Director Mr R Ramanan, Director Mr Y S Bhave, Government Nominee
2002
-Tata stocks are valued at more than Rs.320cr in CMC Ltd.
-Kerala State Electronics Development Corporation has signed a Memorandum of Understanding with CMC Ltd for implementing advanced IT solutions for power systems.
-CMC Ltd has signed a MoU with Hyderabad based Jawaharlal Nehru Technology Unviersity to provide IT training & soft skills for engineering college students in new & emerging technologies.
-TCS & CMC together have bagged a Rs.84cr contract from a US country for outsourcing IT services.
2003
-CMC Ltd has declare that it has build up Games Management Software that facilitates management of mega sporting events by processing large data & helps disseminate information.
-CMC Ltd has obtained order to implement the state pretigious commercial tax computerization & networking project.
-National Bank of Bahrain has signed a contract with CMC Ltd for installation and implementation of CMC core banking solution.
-CMC has developed & implemented a PDA-BASED Healthcare project called India Health Care [IHCs] in Nalgonda District of Andhra Pradesh.
-CMC Ltd has obtained orders worth Rs.150crs in various sectors like banking, port, cargo, railways & e-governance projects, both from domestic & overseas market.
-CMC has also successfully unveiled its Total Concept of Banking System[TC/4s] at the 55th branch of United Western Bank.
-Mr Y S Bhave, Director of Comp. has resigned.
-Mr. R Chandrasekhar, Joint Secretary, Department of Information Technology, Ministry of Communications & Information Technology, has been appointed as Director of Comp. with effect from December 04, 2003.
-Mr. S S Ghosh has completed his term as Managing Director and CEO on December 12, 2003. Mr. R Ramanan, who was Dy. Managing Director and COO of company, has been elevated as Managing Director and CEO w.e.f. December 13, 2003.
-Xilinx Inc on February 25, 2004 announced a strategic partnership with CMC limited The new Xilinx - CMC India Development Centre [XIDCs] in Hyderabad is being established to develop field programmable gate array [FPGAs] solutions targeted at high-growth markets, such as digital consumer electronics, automotive & communications.
2004
-Govt. of India offloads its remaining equity in CMC limited by selling 3.98 million shares through public issue at a price of Rs 485 per share
- -Tata Sons has transferred its entire 51.12 per cent equity stake in CMC to group Comp. Tata Consultancy services [TCSs] for Rs 380 crore at Rs 490.5 a share.
-CMC Limited has launched a new training programme called EDGE - Essential Diploma for Graduate Engineer, a placement-oriented training programme catering to requirements of both IT companies & job aspirants
- Equity shares of CMC Ltd delisted from Hyderabad Stock Exchange from June 3.
-EMC Corporation has appointed CMC as its systems integrator partner & provider of IT services to offer information storage solutions in the Indian market
2005
-CMC in alliance with SAS
2006
-WebEx joins hand with CMC
2008
- CMC Ltd has informed that Ms. Kalpana Morparia has been appointed as Independent Director on the Board of Comp. with effect from March 11, 2008.
