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Mindtree recognized as 2010 Global Most Admired Knowledge Enterprise Award overall winner

Company also wins overall Indian Most Admired Knowledge Enterprise award

Bangalore, INDIA, December 6, 2010:

MindTree Ltd., a global IT Solutions company, announced that it has been recognized as a Global Most Admired Knowledge Enterprise (MAKE) winner, and has been named the overall winner of the Indian MAKE award by Teleos in association with The KNOW Network. The MAKE Awards recognize organizations that are leaders in creating organizational intellectual capital and value through the transformation of knowledge into world-class products, services and solutions.

MindTree is one of 20 companies, spanning seven countries and three continents to be awarded the Global MAKE Award. Among Indian companies, MindTree has been recognized as the overall Most Admired Knowledge Enterprise in 2010, climbing to the number one position from fourth in 2009. These honors recognize MindTree for its performance in key knowledge dimensions, including:

  • Creating a corporate knowledge-driven culture
  • Developing knowledge workers through senior management leadership
  • Developing and delivering knowledge-based products/services/solutions
  • Maximizing enterprise intellectual capital
  • Creating an environment for collaborative knowledge sharing
  • Creating a learning organization
  • Delivering value based on customer/stakeholder knowledge
  • Transforming enterprise knowledge into shareholder/stakeholder value

"MindTree's knowledge management function has been widely recognized over the years for its ability to enhance productivity and drive innovations that translate into customer value," said Krishnakumar Natarajan, CEO and managing director, MindTree. "However, we are careful not to rest on our laurels and we continue to invest and advance our knowledge strategy as evident by our penetration of the Global MAKE honors, and our ascension to the top of the Indian MAKE rankings."

MindTree was recognized by panels of Global and Indian Fortune 500 senior executives and leading knowledge management and intellectual capital experts. This year marks the fifth time that MindTree has been honored with the Indian MAKE award, and is the first time that MindTree has been recognized as a Global MAKE winner. MindTree also recently announced that it has been named an Asian MAKE winner for the third consecutive year.

MindTree's knowledge management function enables the organization to harness the knowledge and ideas of its people, resulting in innovation, better service delivery and organizational learning. MindTree's approach to knowledge management is holistic and focuses on building a knowledge ecosystem which MindTree defines as four spaces within which its people interact to create value: physical space, virtual space, social space, and mind space. The key thrust areas of knowledge management in MindTree are innovation, collaboration and reuse. This has all been realized by deploying multiple platforms that impact people’s behavior, creativity, and productivity.

Teleos, an independent knowledge management and intellectual capital research firm, administers the MAKE program. The KNOW Network is a Web-based global community of organizations dedicated to achieving superior performance through benchmarking, networking and best practice knowledge sharing.

About Mindtree

MindTree Ltd. is a global IT Solutions company specializing in IT Services, Independent Testing, Infrastructure Management and Technical Support (IMTS), Knowledge Services and Product Engineering, which comprises of R&D Services, Software Product Engineering. MindTree partners with its clients to create a transparent, value-based relationship. Our people build innovative solutions in a wide range of technology domains that enable our customers to succeed in their business goals.

MindTree is ranked 43rd across all industries and 19th amongst IT services companies by The International Association of Outsourcing Professionals in their annual list of the Top 100 Global Outsourcing Companies. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Great Places To Work Institute, Hewitt Associates and Mercer. MindTree was ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners for the second consecutive year in 2008. MindTree was ranked No. 2 in Asia and declared the overall winner in India in the Asiamoney Corporate Governance Poll 2009. The Company is publicly listed in India. Please visit us at www.mindtree.com

Visit us at www.mindtree.com. For more information, contact:

Debi Senapati
MindTree Limited
+91 99805 56784
Debi.senapati@mindtree.com

Anya D’Souza
Corporate Voice Weber Shandwick
+ 91 9845525632 
anya@corvoshandwick.co.in