Vendor Analysis
published on Oct 21, 2021
Report Overview:
This NelsonHall vendor assessment analyzes ValueMomentum’s offerings and capabilities in quality engineering services.
Who is this Report for:
NelsonHall's quality engineering services profile on ValueMomentum is a comprehensive assessment of ValueMomentum’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of software testing/quality assurance/quality engineering, and application services/ADM
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the IT services sector and examining growth areas within IT services.
Scope of this Report:
The report provides a comprehensive and objective analysis of ValueMomentum’s quality engineering and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
This NelsonHall vendor assessment analyzes ValueMomentum’ offerings and capabilities in quality engineering services.
privately held and has a headcount of 4.0k. The company has ~75 active clients.
ValueMomentum provides a wide range of IT services, with a focus on digital, data & transformation. The company has structured its capabilities into LoBs, e.g., digital & cloud, data leverage, "core leverage", , QualityLeap, and Customer Communications Management.
It services the BFSI industry and the U.S. healthcare payer sector. P&C insurance is one of its strengths, with the company highlighting 10 of the 25 largest P&C insurers in the U.S. are its clients. QualityLeap, the testing services practice, is a standalone LoB with its own P&L. It is in charge of delivery, portfolio and IP management, and sales & marketing. It focuses on P&C & life insurance, core and open banking, and healthcare payers.
QualityLeap has a headcount of 1.4k. It services ~35 active clients.
QualitLeap has a broad offering, ranging from advisory and test strategy services to test execution, non-functional, and test data management.
In line with the corporate strategy, QualityLeap pays a lot of attention to domain knowledge: it highlights that 60% of its delivery personnel have specialized in the insurance sector. Another example of this vertical knowledge effort is QA artifacts. For instance, QualityLeap has also built repositories of test cases for standard business processes and modules (e.g., worker's compensation, billing, claims, and personal automotive insurance). Also, it has 125 test scenarios for worker's compensation, ~430 for business owner privacy (BOP), and 80 for personal automotive insurance. The company says it has similar artifacts for core and open banking. Finally, the company also uses MBT and has repositories of business process diagrams.
AI has been a priority for ValueMomentum 's QE practice. The company has developed early AI-based analytics such as test case optimization, test case recommendations based on code changes in a new release, and defect prediction based on defect history.
In total, ValueMomentum invests ~2.5% in its revenues in R&D.