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
