InfoBeans achieves Prestigious CMMI Level 5 Appraisal for Development

InfoBeans, a leading provider of design-led AI and enterprise software solutions, proudly announced its achievement of Capability Maturity Model Integration (CMMI) Level 5, Version 3.0 for Development- the highest maturity level in this globally recognized framework for process improvement and performance excellence.

CMMI Level 5 signifies the pinnacle of process maturity, where organizations operate at an "optimizing" level. This means that processes are continuously refined using data-driven insights to achieve excellence. At this level, organizations prioritize sustainable growth, enhanced efficiency, and robust risk management. For InfoBeans, this milestone reflects a culture of innovation, proactive improvement, and unwavering commitment to delivering exceptional value.

"This highlights the team's overall process maturity and competency, as well as InfoBeans' dedication to continuous improvement. It strengthens our team's confidence in tackling complex and challenging projects that demand a high level of process maturity and innovation." Rajagopalan Kannan, Sr. VP of Transformation & Technology Excellence, stated.

Achieving CMMI Level 5 represents a significant transformation from previous maturity levels, where the focus shifts from merely managing processes to actively optimizing them.

This accomplishment underscores InfoBeans' dedication to:

Fostering a culture of continuous improvement by leveraging data and advanced analytics to predict trends and outcomes.

Streamlining processes that align with global standards, ensuring reliability, consistency, and efficiency. Driving innovation to meet evolving business needs while maintaining operational stability.

The appraisal, conducted in partnership with PCA Global Services, is a testament to InfoBeans' ability to implement best practices and optimize processes across its operations. By achieving CMMI Level 5, InfoBeans has joined an elite group of organizations worldwide that prioritize operational excellence and data-driven decision-making. For more details, visit CMMI Appraisal Record.

As InfoBeans celebrates this milestone, the company remains committed to setting even higher benchmarks, ensuring that every interaction, project, and deliverable embodies its signature 'Creating WOW' philosophy. This achievement marks the start of an exciting new chapter, with excellence and innovation continuing to drive every aspect of its operations.

Shares of InfoBeans Technologies Limited was last trading in BSE at Rs. 409.80 as compared to the previous close of Rs. 405.60. The total number of shares traded during the day was 844 in over 104 trades.

The stock hit an intraday high of Rs. 411.00 and intraday low of 401.45. The net turnover during the day was Rs. 345145.00.

Source : Equity Bulls

Keywords

InfoBeansTechnologies INE344S01016 CMMI Level5 Appraisal Development