Future Outlook

Macro-economic environment
Business environment in the US is showing improvement. Large corporations are
increasing their IT spend towards digital transformation of their existing business.
Mindtree can capitalize on that and gain more market share.
Revenue by vertical: Among the verticals, BFSI grew by 8.9%; Retail, CPG grew
by 8.6%; Travel and Hospitality grew by 3.9%; Technology, Media and Services
showed a growth of 11.5%.

Revenue by geography:
For Mindtree US revenue grew by 10% but European market did not experience
growth. But recent acquisition of Bluefin consulting solution will help consolidate
European market and gain market share. Company should focus on new contracts
and focus on stronger markets such as Germany, Belgium, Sweden & UK.

Digital and Automation

Digital is disrupting the way business is conducted across every industry.
Digital business is estimated to touch $225 billion by 2020 with $48 billion
predicted for Indian IT Services firms. Digital continues to be great market
opportunity for Mindtree for next several years. Mindtree can gain greater
market share. Currently, a third of its revenue is driven by providing digital
services and has 296 active customers which include 54 customers from
Bluefin and 24 customers from RSI Solutions. There is potential to increase it
to about 50 per cent in 3-5 years.
To strengthen its lead in the digital space even further, Mindtree has made
three strategic acquisitions: UK-based Bluefin Solutions, a market-leading
consultancy in SAP HANA US-based Relational Solutions, a specialized
provider of supply chain optimization and trade promotions analytics for
consumer goods and retail execution US-based Magnet 360, a Salesforce
Platinum consulting partner with strong expertise across the full suite of Salesforce
solutions Succession planning

Succession planning in any company is a difficult process. In January 2016,

Mindtree announced important leadership transitions. They are the result of
a year-long succession planning process. Subroto Bagchi stepped down as
Executive Chairman of Mindtree. Krishnakumar Natarajan has been elevated to
Executive Chairman and Rostow Ravanan has been named CEO & Managing
Director. These changes can lead to medium-term and long-term change in
strategies and bring positive change for the company.

Mobility, Cloud computing and Big data.

They have radically changed the business landscape. IT consulting partner
with innovative solutions, well-defined strategies and deep domain expertise
can turn these advances into competitive advantages.
The Mindtree approach reduces the risk of mid-course corrections and
delivers more predictable outcomes. Key differentiators for Mindtree include:

Decision facilitators for IT investments

Expertise in complex technologies, tools and processes

Advice based on knowledge and laboratory results from our global

Centers of Excellence

Insight from in-depth field experience with customers across a wide

range of industries

Investing in people
Mindtree launched Mindtree Kalinga, a new state-of-the-art corporate
learning and development center in Bhubaneswar, Orissa, in India. Each
year, this 20-acre center will train roughly 2,500. In the coming year it will
work as a global learning and delivery center for the company