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The Government's decision to divest majority stake in CMC to Tata Sons would usher in a new era for the company. The change in management might be a precursor to many more drastic changes at CMC.
Tata Sons' a subsidiary of Tata Consultancy Services (TCS), might only be too happy about the Computer Maintenance Corporation (CMC) joining its ranks. For a company that was created to maintain the umpteen IT installations that IBM had left behind in India, CMC has come a long way. Today in spite of being a public sector company, CMC has carved a niche for itself in the software market in varied areas ranging from software development, maintenance, training and education. Its expertise and experience have become major assets for the company in all its areas of functioning.
CMC commenced its operations in 1976 with the aim of servicing the IT installations that IBM left behind in India. In 1978, IBM decided to wind up its operations in India and this placed the responsibility of maintaining over 800 installations spread across the country on CMC. This responsibility later on expanded to include maintenance of computers supplied by a host of other foreign manufacturers. The era of growth in the software industry further provided CMC with the necessary opportunity and impetus to grow. Utilizing the available opportunities and the up trend in information technology sector, CMC grew by leaps and bounds expanding its operations across the country. Today, CMC provides services like system consultancy, hardware and software maintenance, system integration and re-engineering, countrywide network service, education and training and offshore project development.
CMC is a Rs.500 crore company with 18 offices across the country and a staff of about 2,800. On the whole, the company operations have been confined to the domestic markets and its major clients have mostly been public sector units or institutions like the Indian railways. The company also has some international clients, which include GE, Digital, CDC, Silicon Graphics, Sun Microsystems, Apple Computer and NCR (AT&T). CMC operates through five strategic business units, each being an independent profit center, which has increased the overall profitability of the company. Its five SBUs are Customer Services, Systems Integration, International Operations, Education & Training and Indonet.
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