New Delhi - August 19, 2008 – GlobalLogic, the leader in global product development services, today announced that it has been selected for the second time as a winner in the Deloitte & Touche Technology Fast 50 Program. This distinction honors the company as one of Virginia's 50 fastest growing technology companies. Rankings are based on the percentage of growth in revenues over a five-year period.
“We are pleased to be named once again to the elite list of Deloitte & Touche's Technology Fast 50,” said Peter Harrison, chief executive officer of GlobalLogic “This honor represents yet another confirmation that both emerging and established technology companies are realizing value partnering with software product engineering specialists like GlobalLogic.”
The Virginia Technology Fast 50 program is hosted by Deloitte & Touche LLP, along with Morrison & Foerster LLP, NASDAQ, and SmartCEO Magazine. This award annually recognizes the fastest-growing companies headquartered within the geographic boundaries of Virginia. “As the host of the Virginia Technology Fast 50, Deloitte, along with the other sponsors of this program, commends you on all of your success in recent years,” said Gary H. Tabach, Managing Partner, Greater Washington, Deloitte & Touche LLP.
GlobalLogic focuses on software product R&D for technology companies, not IT services (http://www.globallogic.com/aboutus/overview.shtml). It employs thousands of software engineers in the US, India, China and Eastern Europe to help its clients deliver quality software products to market faster than they could on their own.
The company’s service offerings are designed to deliver value to clients within each stage of a technology company's growth: version 1.0, start-up, emerging and established. Because each stage involves both similarities and differences in product development and support requirements, GlobalLogic's services are designed to increase product quality while dramatically reducing timelines and operating costs within the stage.
About GlobalLogic:
The leading specialist in providing global software product development services, GlobalLogic, Inc., partners with emerging and established technology companies to help them bring great software products to market in less time and at less cost. GlobalLogic has developed a unique joint-venture model of partnering with technology companies to create a dedicated global delivery center. The software R&D engineers located in our centers in the US, India, China and Ukraine serve as virtual extensions of our client's local development teams. In other cases where the client does not have any internal engineering staff, GlobalLogic provides a "fabless" partnership from the start, with GlobalLogic taking ownership of the product engineering, platform and architecture. This allows companies to focus on the other aspects of a successful product launch such as strategy, marketing, customer acquisition, go-to-market challenges and the demands of ever-changing markets. By leveraging our global facilities, world-class engineers and state-of-the-art tools and processes, companies can increase the quality of their software products while dramatically reducing timelines and operating costs - often by 30% or more.
GlobalLogic has ongoing partnerships with more than 150 technology companies in product vertical markets that include Consumer, Mobile, Telecom, Healthcare, Enterprise and Embedded. It has completed more than 300 major products in the last 12 months with a better than 95 percent on-time delivery record. Over the last seven years, GlobalLogic has helped its clients release over 1,000 software products. Its clients include innovative technology companies such as Autodesk, Broadsoft, Electronic Arts, Intalio, Motorola, NextPoint, Vertica and Yahoo. GlobalLogic, an Inc. 500 company, has been ranked as one of the 10 best places to work in India by IDC, a Top 3 Technology Employer in Ukraine by Hewitt Associates, and was recognized by InfoWorld for distributed Agile software product development excellence. GlobalLogic is headquartered in Vienna, Virginia and has European headquarters in London, U.K. The company has global delivery centers throughout the U.S., India, Ukraine and China and employs thousands of professionals worldwide.
MediaContacts:
AdfactorsPR: Darakshan Ali
+91-931170171
(darakshan.bano@adfactorspr.com)
GlobalLogic: RohitSharma
+91-9818799430,
(rohit.sharma@globallogic.com)
