Mclean, Virginia (PressExposure) July 28, 2011 -- Company Ranks Among the Best in Global IT Services for Third Consecutive Year
GlobalLogic, a leader in software R&D services, today announced the company has been featured as a Top 100 Global Services Provider as well as a Top Product Engineering Vendor in the 2011 GS100 list. The annual study is conducted by Global Services Media and NeoGroup, and represents an industry benchmark in recognizing service provider leadership and excellence in service delivery on a global scale. This is the third consecutive year GlobalLogic has been featured in the report.
"We are honored to have been recognized for the third year in a row as a global leader in IT services and now in product engineering," commented Shashank Samant, President, GlobalLogic. "GlobalLogic is a strategic partner in software R&D to many of the best-known brands in the world. We are pleased to have the GS100 survey validate our innovative, ecosystems-based approach to helping clients accelerate innovation, time-to-market and overall global R&D efficiency."
"The firms that are recognized in the GS100 list show a higher level of focus on client needs, employee development and process improvement. They continue to be providers of choice in the market," said Atul Vashistha, Founder and Chairman, NeoGroup.
"The global services industry has gone clearly beyond the paradigm of 'more work at lesser cost'," commented Ed Nair, Editor, Global Services. "Companies are routinely seeking business outcomes, and in some cases, new forms of business value. Service providers who can deliver on these fronts make it to the GS100 and its categories."
The GS100 Methodology
Companies that opted to participate in the survey were asked to share exhaustive information through an online survey conducted in March-April 2011. The top 100 list and the names in the categories are derived using a scientific research methodology based on more than 200 data points and several qualitative parameters.
The GS100 model for analysis is based on four primary pillars:
Management Excellence (includes revenue, growth, profitability, expansion, M&A, headcount, thought leadership, innovation capability, marketing excellence, leadership quality, resource profile, risk management measures, HR practices and policies, and several other performance indicators)
Customer Maturity (paying customers, new customers, verticals represented, geographies represented, sectoral diversity, contract sizes, customer case studies, complexity of projects, marquee clients, important wins, and more)
Global Delivery Maturity (global delivery footprint, type of work done, expansions, headcounts, growth in headcounts)
Breadth of Services Portfolio (breadth of capabilities and service offerings across ITO and BPO, domain expertise across verticals, engagement models, vendor management practices, new capabilities and services launched, category leadership, ability to serve niche markets, and more)
A weighted scoring scheme was used to rate each of the above areas based on a scoring scheme designed by a panel of Global Services and NeoGroup practice experts.
To read the report, click here.
GlobalLogic is now home to more than 5,500 employees, delivering innovation to leading technology organizations around the globe. Fortune 100 technology leaders as well as cutting-edge emerging companies rely on GlobalLogic to build innovative software that provides a competitive edge in the global economy. With global innovation hubs on three continents, GlobalLogic allows clients to tap a highly skilled talent pool located in state-of-the-art labs that deliver leading-edge cloud, mobile, SaaS, and social applications. The company is connected globally by its award-winning "Velocity" innovation platform, and its teams thrive on Agile collaboration. Backed by tier-one investors Goldman Sachs, NEA, and Sequoia Capital, GlobalLogic is headquartered in the US and has offices in Argentina, China, Germany, India, Israel, Ukraine, and the United Kingdom. For more information, visit:www.globallogic.com.
GlobalLogic is a trademark of GlobalLogic. All other brands, products or service names are or may be trademarks or service marks of their respective owners.