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Hexaware Technologies positioned in the Niche Players Quadrant for North American Offshore Applications Services 2007 Magic Quadrant
Hexaware Technologies Ltd, a leading global provider of IT & BPO services, today announced that it has been positioned by Gartner Inc. in the niche quadrant for the recently published 'Magic Quadrant for North American Offshore Applications Services, 2007'1 report. The report states, 'Niche players focus on a particular segment of the market, as defined by such characteristics as functional area vertical industry, client size or project complexity.' PR9.NET August 24, 2007 - Mumbai - Hexaware Technologies Ltd, a leading global provider of IT & BPO services, today announced that it has been positioned by Gartner Inc. in the niche quadrant for the recently published 'Magic Quadrant for North American Offshore Applications Services, 2007'1 report. The report states, 'Niche players focus on a particular segment of the market, as defined by such characteristics as functional area vertical industry, client size or project complexity.' According to Gartner, the Magic Quadrant for North American Offshore Application Services, 2007, analyzes the market for application services delivered in a global delivery model (GDM). The relative positioning of vendors in this Magic Quadrant is based on factors that Gartner has determined to be relevant to this market. In the report, Gartner evaluated 29 service providers across North America on their ability to execute and their completeness of vision. "Our strategy to build competencies in targeted niche areas of application services has led to a high satisfaction level from our 164 clients," said Atul Nishar, Executive Chairman, Hexaware Technologies adding, "Our positioning in the Niche Players quadrant reiterates our ability to execute in our focused application services." Hexaware recently entered a joint venture to launch Risk Technology International (RiskTech). The new entity focuses exclusively on offering a comprehensive suite of technology-intensive solutions in the domain of enterprise risk and compliance management, primarily for financial institutions worldwide. # # #
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The Magic Quadrant is copyrighted 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Niche Players" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Hexaware Technologies Limited Hexaware is a global provider of IT and Process outsourcing services. We focus exclusively on maximizing client returns from outsourcing and off-shoring. We have extensive experience in managing large IT applications in real time as well as in providing high value services around packaged enterprise applications such as SAP and PeopleSoft. Our experience in the business process outsourcing arena fully complements and strengthens our service spectrum and allows us to operate as an enterprise-class solution delivery company. Our solutions aim to provide high value by optimising cost of ownership of technology investments for customers. |
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