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NIIT — National Institute of Information Technology
NIIT Full-Form refers to the National Institute of Information Technology. NIIT is a multinational company in India that provides training delivery solutions and learning management to various institutions, corporations, and institutions. In the year 2006, the Information Technology services business of the same was demerged and a separately listed NIIT Technologies was created. NIIT Limited presently concentrates on the provision of Vocational Training, Corporate Training, Training in Schools, etc. NIIT Limited is the owner of 23.98 per cent of the NIIT Technologies.
NIIT has undertaken various key initiatives such as the NIIT Institute of Financial Banking (abbreviated as TED that was created with the equity participation from the ICICI bank that provides programs for the development of talent in the banking industry. NIIT provides turnkey integration programs as well as computer-based training to 5000+ government schools via its K-12 business division.
The corporate Learning Solutions by NIIT deals with Fortune 500 companies, publishing, training and technology companies and universities. NIIT Imperia has in collaboration with KPMG India offers advanced certified programs on the International Financial Reporting Standards (abbreviated as IFRS). The programs generally last for six weeks and are meant for assisting companies in the migration from the Indian General Accepted Accounting Principles to the IFRS.
It has three primary lines of business globally, namely: (1) Skills and Careers Group (abbreviated as SNC), which concentrates on the provision of employability skills to learners and covers programs in business process excellence, soft skills, retail sales, vocational skills, IT, Banking, Insurance, etc;
(2) Corporate Learning Group (abbreviated as CLG), which provides Managed Training Services (abbreviated as MTS) that covers content development and curriculum design, strategic outsourcing, advisory services, learning delivery among many other things; and (3) School Learning Group (abbreviated as SLG), which provides products and tools for technology-based learning to private and government schools.