Once upon a time there was this company called Digital Equipment (India) Limited. And during that 'once upon a time' it actually sent the stock markets in a tizzy. It's market capitalization was huge, making it's stock the most expensive in India. Once a Compaq subsidiary, Digital was seen as a bit in the wilderness when the Hewlett-Packard-Compaq merger was announced. But that was soon sorted out. Hewlett-Packard (HP) made clear that Digital GlobalSoft would be its only independent listed subsidiary anywhere in the world. To put this in official lingo, Peter Mercury, Senior Vice-President Customer Support of HP Services and also Chairman, Digital GlobalSoft said that Digital would continue to be a strategically important asset providing complementary operating strengths and a compelling business proposition both as a customer and a shareowner to its parent.
Digital's First Quarter results were immensely impressive and sort of mocked at the 'slowdown syndrome' that had engulfed the IT sector. True, many smaller outfits had to pack up, but many top-of-the-bracket companies still reel under tremendous pressure. In such a scenario therefore, Digital GlobalSoft's multi-dimensional operating progress is pretty much significant.
In the last three years, Digital achieved considerable business success. It demonstrated its competence and emerged as a front-runner in the IT sector in India. Som Mittal, the ever-smiling President and CEO of Digital Global Soft stretched the point that his company had increased the level of its operating activities through continuous efforts aimed at enhancing service levels and delivering capabilities, thus widening their customer base having added 48 customers during the first quarter of the current financial year.
Digital's vision is to be a trusted partner. And their Mission is to provide reliable and cost effective IT solutions and service using appropriate technologies, innovations and business expertise. The organization also realizes the importance of long-term retention of quality people in today's competitive marketplace. Which is why 'company culture' plays a crucial role. The climate and environment at Digital is designed for work to be done in joyful spirit and not as a task forced upon them.
So, while people like Peter Mercury and Som Mittal steer the Digital ship, they derive their strength from its stern - a dedicated bunch of some 1650 employees working their socks off towards that vision and mission.
Note: This story was written when the company was known as 'DIGITAL'.