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NIIT Technologies ranked among the 2008 BLACK BOOK Top 50 Best Managed Outsourcing Vendor
NIIT Technologies, the global IT services provider headquartered in New Delhi, was ranked in the Black Book of Outsourcing 2008. In its first entry in the Black Book, the company has been ranked 36 th among the Top 50 outsourcing vendors. Nearly 300000 IT Service Providers, from across the globe, were invited to participate.
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The annual study, conducted by the outsourcing management consulting firm Brown-Wilson Group, recognizes excellence among global service providers that demonstrate superior management practices and leadership and outstanding performance in the areas of Supply Chain Management, Purchasing & Transaction Management, Category Management, and Logistics Spend & Contract Management. S tarted in 2005, the Black Book has become immensely popular tool for vendor selection in the US and is endorsed by top dignitaries in the US Government.
"Being ranked in the Black Book of Outsourcing's reinforces NIIT Technologies ability to deliver business value. The focus on creating differentiation through specialization has helped us position the company in a zone where we can leverage our strength." said Mr. Arvind Thakur, Chief Executive Officer of NIIT Technologies.
'Making the one of the strongest comebacks across five years of Black Book Satisfaction Surveying', NIIT Technologies has also been ranked positively for C Level Commitment, Corporate Direction, Leadership Impact and Human Capital Performance.
The company has garnered top scores from Banking, Financial Services & Insurance, Travel, Retail & Manufacturing sectors, after being evaluated among nearly 1700 shortlisted companies, across 26 management criteria and 18 operational excellence key performance indicators completely from the perspective of the client experience.
About NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Enterprise Solutions including Managed Services and Business Process Management to organizations in the Financial Services, Transportation, Retail, and Distribution and Government sectors.
NIIT Technologies' software development processes are assessed at SEI CMMI - Level 5 Version 1.2. Its human resource processes are assessed at the highest-level of maturity at PCMM Level 5. Further NIIT Technologies has processes and systems for information security management certified in accordance to the ISO 27001 standard, and its facilities offering Managed Services conform to ISO 20000 standard of Service Management.
Safe Harbor
Certain statements in this release are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies and unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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Jun 26 , 2008
