SOURCE: MindTree Ltd.

MindTree Ltd.

August 18, 2011 09:00 ET

MindTree Named Among Top Industry Leaders in IT and Product Engineering Services by Global Services Media and NeoAdvisory

MindTree Recognized as One of World's Leading Outsourcing Providers Based on Management Excellence, Customer Maturity, Global Delivery Maturity and Breadth of Services Portfolio

WARREN, NJ--(Marketwire - Aug 18, 2011) - MindTree Limited (NSE: MINDTREE), a global IT and Product Engineering Services Company, today announced that it has been ranked among the top 100 global outsourcing companies in a recently published study by Global Services Media and NeoAdvisory. The distinction comes as MindTree celebrates its 12th anniversary today and the addition of the 10,000th MindTree Mind to its global workforce.

"As MindTree rings in our 13th year in business, we are extremely proud to once again be recognized as a leading outsourcing provider by Global Services Media," said Krishnakumar Natarajan, CEO and managing director, MindTree Limited. "Since our inception, we have strived to innovate and deliver business value to our customers, and this honor is a reflection of that continued commitment. It is also a testimonial to the operational excellence and the breadth and quality of our IT Services and Product Engineering offerings."

Marking its fifth consecutive year on the GS100 list, MindTree is ranked among the leading vendors in the categories of Application Development and Maintenance (ADM); Engineering Services; IT Outsourcing; and Product Engineering. This year, MindTree was also named among the Top Emerging Infrastructure Management (IM) Vendors. The GS100 recognizes the top 100 IT and BPO service providers based on four primary pillars of management excellence, customer maturity, global delivery maturity and breadth of services portfolio.

"The global services industry has clearly gone beyond the paradigm of 'more work at lesser cost,'" said Ed Nair, editor, Global Services Media. "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 list was determined by an exhaustive online survey completed by participating companies. The top 100 list and the names in the categories are derived using a scientific research methodology based on over 200 data points and several qualitative parameters. A weighted scoring scheme designed by a panel of Global Services Media and NeoAdvisory practice experts was used to rate each of the four primary pillars mentioned above.

About MindTree Limited
MindTree Limited is a global IT and Product Engineering Services Company with deep knowledge in specific domains. MindTree is acknowledged as the best mid-size software services company in India for its capability to build, test and deploy solutions. The Company also places significant emphasis on culture, customer centricity and corporate governance. MindTree is ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners in 2010, 13th in NASSCOM's listing of Top IT Software and Services Exporters in India (excluding BPO). In 2009, MindTree was ranked No. 2 in Asia and declared the overall winner in India in the Asiamoney Corporate Governance Poll. Please visit us at

About Global Services
Global Services, a media platform by CyberMedia, covers strategies, best practices, and opportunities in global sourcing of ITO and BPO services. The publication reaches senior sourcing professionals in leading organizations across North America, Europe, and Asia. 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.

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    Sweta Mohanty
    MindTree Limited
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    LVA Communications
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