About Intuit:
Founded in 1983, Company develops market-leading financial management products for small and mid-sized businesses, financial institutions, consumers and accounting professionals in USA & Canada. Recently they have started their business initiative in India & APAC. Its flagship products and services, including QuickBooks, Quicken and TurboTax software simplify small business management and payroll processing, personal finance, and tax preparation and filing.
It is estimated that small businesses using its products in the US generate revenue of more than $2.6 trillion, almost one-fifth of the country’s gross domestic product.
The Company is having a 95% market share in USA & 85% in Canada, in the small business segment.
They have started their India R&D center in 2005 and till date they have invested 43$ Million in India ODC. Currently company is having ~ 250 members team in Indian ODC .The Indian R&D centre is having more patents than US .Company also going to launch indigenous products, both for the Web and for mobile devices, to solve the unmet needs of individuals and small businesses in India and other emerging markets.
