Mastek Ranked 11th Amongst the Leaders of Global Outsourcing 100 Companies

Mastek Ltd has announced that the Company has been ranked 11th amongst the leaders of Global Outsourcing 100 Companies by the International Association of Outsourcing Professionals.

It was published in Fortune magazine (issue April 30th). This year the recognition comes for Methodologies and Innovation adopted by Mastek group in the last one year.

Mr. Sudhakar Ram, CEO, Mastek group said on the occasion. "I am delighted to receive this great honor from International Association of Outsourcing Professionals on behalf of the Mastek family. This recognition is a manifestation of the success of our strategic focus on providing world class IT solutions to our customers. With more exciting times to come in the coming years. I affirm that we will continue to bring the latest innovation and methodologies that the technological world has to offer for our customers, and further strengthen our financial performance."

He added, "We believe that our people are the only sustainable competitive advantage our company has and competent, focused and motivated people can produce unprecedented business result. I express sincere appreciation for all the efforts made by our partners, customers and employees and shall ensure sustained growth and profitability in the coming years. Mastek has moved up a place from last year’s ranking and we shall strive to be in top ten next year."

With over 3200 professionals worldwide and revenues of USD 156 mn for the fiscal 2005 - 06, Mastek has shown tremendous growth in the last few years and is one of the few Indian IT Companies working on mission critical projects in other developed countries.

Source : Equity Bulls

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