Tuesday, December 22, 2009

Talentica Ranked amongst the Fastest Growing Technology Companies on the Deloitte Technology Fast 500 Asia Pacific 2009

Talentica Attributes its 114.3 Percent Revenue Growth to Employee Commitment and Hard Work:

Talentica Software today announced that it ranked as one of the Deloitte Technology Fast 500 Asia Pacific 2009, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.

Talentica grew 114.3 percent during this period.

Talentica's CEO, Nitin Shimpi, credits the employees with the company's 114.3% revenue growth over the past five years. He said, "We feel honored to have received this award. I owe this award to my employees. Their hard work and commitment towards excellence has driven us this far and will take us further ahead."

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership," said Ian Thatcher, partner in charge of Deloitte's Technology Fast 500 Asia Pacific program. "Talentica Software has shown the right stuff for growth."

Technology Fast 500 Asia Pacific selection and qualifications:

The Technology Fast 500 list is compiled from Deloitte's Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.

Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.

About Talentica Software (I) Pvt Ltd:

Talentica Software helps small and mid-sized technology companies take advantage of global talent to reduce time to market and R&D costs. Talentica's Build-Operate-Transfer service enables its customers to extend their R&D teams offshore and cut R&D costs by over 40% while continuing to innovate. Unlike other offshore consulting companies, Talentica is focused on core development for ISVs and Web 2.0 companies. All of Talentica's developers are experienced engineers from the top 15 engineering schools in India - ensuring that its clients get much higher productivity and better quality without a high communication overhead. Talentica works for some of the world's most innovative companies - ranging from startups to companies with established products.

press release

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