MethodHub plans major GCC push, plans nearshore expansion in Mexico and Costa Rica to support current and future customers

MethodHub Software Limited is planning to set up nearshore operations in Guadalajara, Mexico and San Jose, Cosa Rica to offer same time zone services to leading customers and prospects in the US and Canada, besides multilingual support. "For MethodHub, this isn't simply geographic diversification-it's a deliberate capability investment" said Aho Bilam, CEO and Executive Director, MethodHub.

MethodHub has also launched the QuantumHire portal to focus on full time hiring. This is focused on GCCs and would play well with the new Central American push to grow the company's footprint and customer wallet-share. It would also help MethodHub participate in a more integral way with the customers' resourcing plan.

"India has been central to our offshore strategy, but of late, we have customers asking for same time zone development and L3 support. We have seen this marked need to get high end resources to enable scrum/vibe development processes and provide critical technical support during the eastern afternoon and most of the pacific business hour windows. This necessitated a central American strategy for same time zone support. After looking at various options, we finalized on Mexico and Costa Rica" said Aho Bilam.

"From a delivery standpoint, these centers fundamentally change what we can promise and how we execute. The talent base in Mexico and Costa Rica is something we need to cultivate as we tap into. We have a good number of exceptional engineers with strong technical depth, professionals who understand enterprise-scale complexity, and teams that communicate effectively with business stakeholders. This expansion is not a cost play; it's a capability play" said Lok Dodla, Chief Delivery Officer, MethodHub.

"Finding local talent and scaling the team to support our customers sustainably has always been our highest priority. With 4 location options in India, we now add 2 Central American locations to align with our customers' GCC and offshore/nearshore strategy, said Karthik Leelasankar, COO, Methodhub.

Shares of Methodhub Software Limited was last trading in BSE at Rs. 86.50 as compared to the previous close of Rs. 86.85. The total number of shares traded during the day was 7200 in over 6 trades.

The stock hit an intraday high of Rs. 89.65 and intraday low of 86.50. The net turnover during the day was Rs. 627510.00.

Source : Equity Bulls

Keywords

MethodhubSoftware INE0QZR01017 GCC