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Cigniti Defines Software Testing Growth Strategy, Targets $90m Revenues in 2015
Mar 26, 2015, by Dominique RaviartNelsonHall has recently completed a series of visits in India, addressing a number of topics including software testing, application management and digital transformation services. NelsonHall met with software testing pure-play, Cigniti Technologies, now the largest of all India-based testing pure plays. The company has a headcount of 1,600, ahead of Maveric Systems (~1,200) and QA Infotech (~8[...]
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Cigniti Planning Further Acquisitions to Support Target to Reach $100m Revenue by FY 2016
Dec 20, 2013, by Dominique RaviartCigniti Technologies is looking to achieve ~$100m in revenues by FY 2016 (the year ending March 31, 2016. The milestone targets on this three-year journey are ~$50m in FY 2014 and $70m in FY 2015. To give a sense of the scale of this ambition, Cigniti’s FY 2013 revenues were ~$27m. Headcount growth targets are from the current 800 to ~1,200 by end FY 2014, and ~2,500 by fiscal 2016. [...]
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NelsonHall’s 2014 HRO Predictions By Service Line
Dec 17, 2013, by Gary BragarPer NelsonHall’s blog of December 12, 2013 was a healthy year for HRO, with overall contract activity up ~37%. We now take a look at what we can expect in 2014 by HRO service line. MPHRO We predict the Global MPHRO market will grow at mid-single digits CAAGR through 2017 The Shared Service Transformation segment will continue to grow mainly as a result of contract expansions and ren[...]
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Pitney Bowes to Divest PBMS North America to Apollo
Aug 01, 2013, by Rachael StormonthPitney Bowes is to sell Pitney Bowes Management Services (PBMS) North America to Apollo Global Management LLC for ~$400m in cash. The transaction is expected to close in Q4 2013. In May this year, Pitney Bowes announced it was selling PBMS in the U.K. and Ireland to Swiss Post Solutions (SPS) in a transaction that is due to close shortly. Today's announcement ma[...]
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