SOURCE: GlobalLogic, Inc.

GlobalLogic, Inc.

August 20, 2010 09:33 ET

GlobalLogic Named Top 100 Global Services Provider

Ranked Among Top 10 Outsourced Product Development Vendors

MCLEAN, VA--(Marketwire - August 20, 2010) - GlobalLogic was recently selected for recognition in the 2010 GS100 report as a top 100 global services provider and a top 10 outsourced product development partner. Conducted by Global Services in association with NeoAdvisory, this annual report serves as benchmark for identifying new leaders in the global services space.

"There is a recognition in large companies that outsourcing as a means to reduce costs has had its time; these companies are increasingly looking at service providers being able to make their operations more effective globally and even to transform key areas of their business," said Atul Vashistha, Chairman, NeoAdvisory. "The GS100 companies are the ones who are delivering on these fronts and are equipped to demonstrate new forms of value in outsourcing to their clients."

Companies who participated in the GS100 survey were asked to share exhaustive information about their practices and innovations through an online survey conducted between April and May of 2010. Global Services and NeoAdvisory selected the top 100 companies -- including those recognized in unique categories -- by using a scientific research methodology based on over 200 data points and several qualitative parameters. The GS100 model for analysis is based on four primary pillars:

  • Management Excellence: Revenue, growth, profitability, expansion, M&A, headcount, thought leadership, innovation capability, marketing excellence, leadership quality, resource profile, risk management measures, HR practices and policies
  • Customer Maturity: Paying customers, new customers, verticals represented, geographies represented, sectoral diversity, contract sizes, customer case studies, complexity of projects, marquee clients, important wins
  • 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

A weighted scoring scheme was used to rate each of the above areas based on a scoring scheme designed by a panel from Global Services' and NeoAdvisory's practice experts. To read the report, click here.

"We are honored to be recognized as a leader in global services, which has been our goal and our message from day one," said Shashank Samant, President, GlobalLogic. "GlobalLogic prides itself on being not just a vendor, but a true strategic partner in software R&D. It is extremely gratifying to have our position validated by a globally recognized report like the GS100 survey."

About GlobalLogic

The leader in software R&D services, GlobalLogic, Inc. partners with technology firms and software-enabled businesses to deliver quality products to market rapidly and cost-effectively. GlobalLogic has created a network of global innovation hubs in the US, India, Ukraine, China and Argentina that involve more than 3,000 of the brightest and most innovative software minds. Connecting GlobalLogic's hubs and clients is Velocity, an award-winning platform that cultivates rapid Agile collaboration. GlobalLogic provides clients with a range of R&D services, including advisory, customer research, ideation, product engineering, QA/IVT, support and maintenance, and product line management. The company has ongoing partnerships with more than 150 clients in markets such as Digital Media, Electronics, Finance, Healthcare, Infrastructure, Retail and Telecom.

About Global Services

Global Services, a media platform by CyberMedia, serves the global ITO and BPO industry through quality content, research, services, and marketing solutions. A multi-shore team spanning the U.S.A. and India drives the Global Services brand. The Global Services brand is an integrated media platform that includes the website, conferences, research, webinars, e-magazines, custom publishing, and various other content delivery formats.

About NeoAdvisory

NeoAdvisory is a consulting and advisory firm that enables organizational transformation by leveraging outsourcing and globalization, while ensuring that their clients become "Great Globalizers." Through a blend of consulting and implementation, backed by a robust knowledge database and hands on experience of consultants, NeoAdvisory provides objective and actionable advice and help clients to truly leverage Globalization and Outsourcing. The company provides consulting and advisory services in globalization, sourcing, vendor management, transition management, performance management, and governance.

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