Zensar Technologies, a leading global technology and business process company, announced today that it has been rated as one of the leading global outsourcing firms.
The company has been ranked 52nd among a diverse set of outsourcing companies worldwide in a ranking by the IAOP (The International Association of Outsourcing Professionals) of the top 100 Global outsourcing companies. This selection has been done by an independent panel of industry-recognised leaders based on multiple measurement criteria, such as customer satisfaction levels, employee management, executive leadership, differentiated service offerings, recognitions, size, revenue, and depth of competencies.
IAOP brings together the world's leading outsourcing customers, providers and advisors in a powerful, active and growing global association to exchange thought leadership, share best practices and network to maximise their effectiveness at using outsourcing as a management tool.
In addition to its overall ranking of 52nd in the Top 100 Global list, Zensar has also been recognised among the best outsourcing service providers in various sub-categories, such as:
* The 'Best 20 Companies by Industry Focus' in the financial service (insurance), retail and consumer goods, and discrete manufacturing.
* The 'Best 20 Leaders by Industry Focus' for its wide range of services and differentiated offerings.
* The 'Best 10 Leaders by Service Offered' in transaction processing services.
* The 'Best 10 Leaders by Region Served' for Southeast Asia and UK.
Dr Ganesh Natarajan, Vice-Chairman and CEO of Zensar, said: “Zensar has been climbing up the charts steadily in the last 10 years and we are confident that we will be among the Top 15 Indian providers and Top 40 globally by March 2013.”
This ranking by the IAOP is further evidence of Zensar's leadership position in the global outsourcing market. Zensar's current integration of Akibia, a US based infrastructure firm, adds to the company's IM capabilities. The company's expansion into innovative service lines such as cloud computing, the creation of IP in key verticals and the restructure of the organisation to six global profit centres of manufacturing, media, retail, banking and financial services, insurance and connected services (healthcare, government, utilities and transportation) will bring significant expertise to the industry domains and will present both solutions and services to further enable customers to leverage best-in-class technologies and processes.
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Zensar Technologies (http://www.zensar.com)
Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans retail, manufacturing, banking, insurance, utilities, healthcare and life sciences. An RPG Group company, Zensar has more than 6 000 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Singapore, Australia, China and Japan. The company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPO and knowledge services. The company has developed tools and methodologies, including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid 'go-to-market' capability. The company supports Fortune 500 clients with software business solutions that help them compete in the digital economy.
Zensar first established operations in South Africa in 2001 and has since established a significant presence with offices in Johannesburg and Cape Town, and a rapidly growing client list. Zensar South Africa is a broad-based black economic empowerment (BBBEE) level four company, and will continue to put its efforts and investments in its learnership programme and skills development programmes.
RPG Enterprises (http://www.rpggroup.com)
RPG Enterprises is one of India's largest industrial conglomerates. With over 16 companies in its fold, the group has a strong presence in eight business sectors. Established in 1979, RPG Enterprises is one of India's leading business groups, with a turnover of Rs 17 000 crore. The group has more than 16 companies managing diverse business interests in the areas of power, tyre, infrastructure, IT, retail, entertainment, carbon black and speciality.
IAOP (www.outsourcingprofessional.org)
IAOP is the global, standard-setting organisation and advocate for the outsourcing profession. With a global community of more than 110 000 members and affiliates worldwide, IAOP is the leading professional association for organisations and individuals involved in transforming the world of business through outsourcing, offshoring and shared services. Our client-side members are, on average, responsible for $60 million per year of outsourcing spending, with some overseeing outsourcing programmes in the billions of dollars. Eighty-five percent of IAOP members credit IAOP for improved outsourcing outcomes at their organisations and 93% of IAOP's Certified Outsourcing Professionals (COPs) say that the designation has had a positive impact on their careers.
Safe harbour
Certain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
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