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Datamatics Recognized Among the Top League by DQ Top 20 - Ranked 6th in the ‘Highest Growth Companies’ segment 2012 survey -
Datamatics Recognized Among the Top League by DQ Top 20


PRZOOM - /newswire/ - Mumbai, Maharashtra, India, 2012/10/22 - Ranked 6th in the ‘Highest Growth Companies’ segment 2012 survey -

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Datamatics Global Services (DGSL), the global Information Technology (IT) and Knowledge Process Outsourcing (KPO) solutions provider today announced that it has been recognized as the 6th highest growing company by DQ Top 20; Dataquest’s annual survey which entails a comprehensive report and ranking of the IT giants of India Inc. As per this ranking, Datamatics is 1st amongst the listed software companies in India. On the basis of top line growth the company has been ranked 30th among software companies in the listed space.

Datamatics has witnessed 88% growth and ranked above its peers like Google India, D-Link and Zensar Technologies, among others. The company has undergone an expansion spree since 2010. While as a part of inorganic expansion, the company acquired US based company CIGNEX as well as Vista Infosystems in India; it also expanded its delivery centres to three more locations – Nashik and Puducherry in India as well as Bosnia. This led to improved revenues and better margins due to better integration.

“A sustainable growth sketch is one that supports and nurtures an organization and industry despite all odds to protract through rough environments”, commented Mr. Rahul Kanodia – Vice Chairman & CEO, DGSL. “We would continue to focus on our expansion strategies through attractive acquisitions and investments in high yielding operational segments and geographies thus edging out our top line growth while upholding attractive margins. We are today among one of the most preferred companies by those who are looking for Contemporary-Next Generation Products & Services and we will continue to focus on partnering our clients to the best of our skills”, he said.

The DataQuest survey further observed that with diversification of portfolios, expansion of business and strengthening of existing structures, the IT industry is surely on a much firmer footing today. These developments, in a way are indicating at emerging signs of maturity, the survey reported. Another significant change is the steady rise in the importance of the domestic sector, the survey observed. A number of top IT service companies for whom exports were the mainstay have now got serious on the domestic front. With numerous e-governance projects and other tech oriented welfare initiatives in the pipeline, many are looking at tapping the government sector also in a big way, it said.

DataQuest a pioneer and leader of IT media in India, the magazine has consistently kept track of new developments in the IT industry and the corresponding information needs of the corporate user. The DQ Top 20 issues, based on a nationwide survey across more than 1000 Infotech companies in India, are an invaluable reference source for everyone in the IT industry.

About Datamatics Global Services Ltd
Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT) and Knowledge Process Outsourcing (KPO) and Consulting services. The company provides business aligned next generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies. These solutions leverage innovations in technology, knowledge of business processes, and domain expertise to provide clients a competitive edge.

Datamatics specializes in Engineering & Embedded Services, Finance & Accounting Services, Information Management, IT Consulting, IT Services, Publishing Services, Research & Analytics, Resource Augmentation, Smart Document Processing, Billing & Payment Solutions, and Online Retail Solutions.

Datamatics has been conferred with many industry awards globally. A few of them include: In 2012, Datamatics has been featured amongst four categories in GS100 list and along with 2 of its clients won the Information Week EDGE awards . For two consecutive years- 2011 & 2010, the Company was also featured amongst the Global Top 10 Mid-Tier Industry Specific BPO Service Providers in the Global Services 100 list. The company was ranked amongst the top 20 leaders in financial services (Insurance, Banking & Markets) by International Association of Outsourcing Professionals (IAOP) in 2011.In 2010, became was the proud recipient of Global HR Strategy Award & HR Leadership Award at Asia's Best Employer Brand Awards 2010. Received HR Super Achiever Award at Asia Pacific HRM Congress in 2009. Datamatics is the first Indian company to have won the International Asia Pacific Quality Award in the Services Category in 2007. 'The Black Book of Outsourcing' ranked Datamatics third amongst document process outsourcing providers globally in 2007 and Top 50 Managed Outsourced Vendors in 2006.

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Datamatics Recognized Among the Top League by DQ Top 20

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Datamatics Global Services Ltd securities in any jurisdiction including any other companies listed or named in this release.

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