Prodapt Ranked among Fastest Growing Technology Companies in APAC by Deloitte
The Company announces its pursuit for inorganic growth in Europe and North America
Chennai, India. 28th Oct 2011 - Prodapt is pleased to announce that it has been ranked amongst APAC’s 500 fastest growing companies in the technology, media and communications sector by Deloitte.
Prodapt was inducted as a Deloitte Technology Fast 500 APAC 2011 company at a high profile ceremony held in Hongkong recently. Earlier in October this year, Deloitte had ranked Prodapt as the 10th fastest growing technology company in India based on its 375% revenue growth over the past 3 years.
Prodapt's solid financial growth has been a result of the company increasing its client base in the US and Europe. Prodapt recently also launched is state of the art telecom software delivery center in Chennai to accommodate its growth. The company also announced that it is pursuing opportunities for inorganic growth and looking for targeted acquisition of telecom software companies in Europe and North America.
Speaking on the occasion, Prodapt’s CEO Vedant Jhaver said, "This recognition is a testament to our differentiated business model that combines strong offshore delivery with significant near shore and onshore delivery centers. Our singular focus on the telecom sector brings deep domain experience combined with the advantages of a differentiated global delivery model. Our growth over the past years has proven that there is significant demand for such a differentiated offering. We are pleased to be part of the Deloitte Fast 500”
“Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company’s services and its leadership,” said Yoshitaka Asaeda, partner in charge of Deloitte’s Technology Fast 500 Asia Pacific program. “Prodapt has shown the right stuff for growth.”
About Prodapt
Prodapt is a leading provider of IT services with a singular focus on the communications industry. Prodapt works with communications service providers (CSP), ISVs and Telecom OEM customers in providing Consulting, Application Development and Maintenance, Application Portfolio Rationalization, Product Engineering, Testing and QA services.
A partner of choice for customers that desire depth in telecom domain, cost efficiency and flexibility; Prodapt has helped customers outsource their IT and generate value from their IT investments. Sustained by clients' successes and enhanced by superior service provided, Prodapt has developed long-term relationships with several leaders in the telecom industry including Fortune 500 customers.
Prodapt has offices and software development centers in India, United States and South Africa. Prodapt is a part of the Jhaver Group, a 117 year old business conglomerate headquartered in Chennai. The group employs over 13000 people in more than 60 offices worldwide.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK Private Company Limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s more than 182,000 professionals are committed to becoming the standard of excellence.
PR Contact:
Karthikeyan Santhanakrishnan, Prodapt, Ph: 044 4903 3113 e-mail: Karthik.s@prodapt.com
Prodapt Ranked 10th Fastest Growing Technology Company on the Deloitte Technology Fast 50 India 2011
Company announces its pursuit for inorganic growth in Europe and North America
Chennai, India. 28th Oct 2011 - Prodapt is pleased to announce that it has been ranked as the India’s 10th fastest growing company in the technology, media and communications sector by Deloitte.
Prodapt was inducted as a Deloitte Technology Fast 50 India 2011 company at a high profile ceremony held in Bangalore recently. Prodapt was ranked number 10 based on its 375% revenue growth over the past 3 years.
Prodapt's solid financial growth has been a result of the company increasing its client base in the US and Europe. Prodapt recently also launched is state of the art telecom software delivery center in Chennai to accommodate its growth. The company also announced that it is pursuing opportunities for inorganic growth and looking for targeted acquisition of telecom software companies in Europe and North America.
“Making it to 10th position in the Deloitte Technology Fast 50 India ranking is a testament to a company’s commitment to technology,” P N Sudarshan, Senior Director, Deloitte Touche Tohmatsu India Private Limited (partner in charge of Deloitte’s Technology Fast 50 India program). “With its impressive growth rate over three years, Prodapt has proven that its leadership has the vision and determination to grow in difficult conditions.”
About Prodapt
Prodapt is a leading provider of IT services with a singular focus on the communications industry. Prodapt works with communications service providers (CSP), ISVs and Telecom OEM customers in providing Consulting, Application Development and Maintenance, Application Portfolio Rationalization, Product Engineering, Testing and QA services.
A partner of choice for customers that desire depth in telecom domain, cost efficiency and flexibility; Prodapt has helped customers outsource their IT and generate value from their IT investments. Sustained by clients' successes and enhanced by superior service provided, Prodapt has developed long-term relationships with several leaders in the telecom industry including Fortune 500 customers.
Prodapt has offices and software development centers in India, United States and South Africa. Prodapt is a part of the Jhaver Group, a 117 year old business conglomerate headquartered in Chennai. The group employs over 13000 people in more than 60 offices worldwide.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK Private Company Limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s more than 182,000 professionals are committed to becoming the standard of excellence.
Prodapt ranked amongst top IT companies by Dataquest Magazine
Sept 20th 2011, Chennai: Prodapt has been ranked amongst Top IT companies by Dataquest, India’s leading IT & Communicationsmagazine. According to the annual survey conducted by the magazine, Prodapt has shown significantrevenue growth in the last 3 years and has sustained a positive growth rate year-on-year.
The annual ranking is based on a comprehensive evaluation of all IT companies with a base in India(Software Product, Hardware, IT and telecom Resellers, Distributors and Systems Integrators, andSoftware Service Companies). This includes players like IBM, Accenture, Huawei, CISCO, Oracle, Dell,Intel, HP, TCS, Wipro, Infosys, Cognizant and other top names in the IT hardware software industry.
More than 650 nominees were shortlisted based on overall growth and revenue. On an internal analysis of the list, Prodapt is among the top 5 pure-play telecom IT services companies.
Prodapt inaugurates its Company owned facility in Chennai on OMR Road
Sept 5th 2011, Chennai: Prodapt, a leading provider of IT services focused on communications industry, inaugurated its new state-of-the-art facility at Prince Infocity II on the fast emerging IT corridor in the country - OMR Road in Chennai. Earlier, the company made a decision to expand its facility following the addition of new customers and growth projection. The facility at Prince InfoCity II is a company owned premise that provides Prodapt the ability to expand within the same building over the coming years. The new premises became operational on 5th of September 2011.
Prodapt Acquires Pacific Crest Technology
Prodapt announces its acquisition of Pacific Crest Technology (PCT):
TUALATIN, OREGON, August 7, 2009 - The combination of Prodapt and PCT significantly enhances the depth of our offerings, competency, scale and positioning as a software services player in the communications industry.
Together, we now become one of the leading software services companies with a single-minded focus to serve the communications industry.
Prodapt and PCT have been working together since 2004, and over the years our relationship has matured into a strategic partnership that has successfully delivered software services to several customers. Today, we complete this partnership by creating a seamless combination of our businesses.
About Pacific Crest Technology:
PCT is a 12-year-old software services business based in Portland, Oregon (USA), and has over the years built a strong practice in the telecommunications sector, serving the largest wire-line and wireless telecom operators in the United States. Additionally, PCT has service offerings that serve the healthcare and logistics industry.
About Prodapt and Jhaver Group:
Prodapt is part of the Jhaver Group of companies, a 110-year-old conglomerate based out of India. Headquartered in Chennai, the Jhaver Group owns several businesses, including the largest preventive care pharmaceuticals company in South Asia, one of the largest agricultural chemicals business in South Asia and other businesses including zip-fasteners, coated fabrics, real estate and trading. The Jhaver Group employs over 7500 people across 45 locations in India and internationally.
The Prodapt division of the Jhaver Group manages the group's software services and business process outsourcing businesses, and employs over 800 people. Prodapt provides software services with a single-minded focus on the communications industry, and has operations in India, USA, Africa and the Middle East.
While our individual companies have separate histories, one thing is in common: they have always been driven by a common set of values and the objective of delivering the highest level of service to our customers. Our two companies already have strong bonds and working relationships at all levels and this combination will only enhance and improve overall quality of the services we deliver to our customers.
