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Downturn Creates Opportunity: Nagarro Sees High Demand for Outsourced Software Development
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San Jose, Calif. — April 7, 2009 —
Summary:
Over the past three quarters, Nagarro, Inc., a provider of specialized outsourced software development services for highly complex markets, has seen continued demand for high-end software development despite the economic downturn. Businesses are focused on gaining competitive advantage during the recession by utilizing only the smartest and most efficient engineering available, fueling growth of Nagarro’s onsite, hybrid and offshore software development services.
News Facts:
- In the past three quarters, Nagarro has signed on more than two dozen U.S. and European companies looking to increase their competitive advantage by using highly-skilled engineering talent, contributing to strong growth in Nagarro’s SAP consulting, Microsoft .NET development and LAMP/Java development practices.
- Most of Nagarro’s new customers are in two of its target markets -- software product development and midsize enterprises.
- Nagarro’s U.S. customer wins and expanded engagements include Access Intelligence, Ceptara, LABLynx, PatientBuilder and more than a dozen other companies.
- European customer wins include BrightFilter, Caatoosee, CARAT, Datenlotsen, DTM International, GTI Process AG and matrix42 among others.
Other Nagarro company highlights from the past three quarters:
- A new service package for midsize enterprises to offer midsize customers flexibility, strategic partnership and superior quality
- Expanded business intelligence and data warehousing practices
- Ranked fourth in the 2009 NASSCOM Top 15 Exciting Emerging Companies Survey
- Jumped 26 spots to number six in overall HR ranking in the 2008 Dataquest-IDC Top 20 IT Employers Survey
- A 30% increase in employee headcount
- Groundbreaking on the new 5-acre Jaipur campus, set to open in 2010
- Several new partnership agreements including one with Rackspace Hosting
Quotes:
“We were looking for a software developer with outstanding technological expertise and a quick grasp of our needs, and Nagarro was clearly the best choice.”
Matt Fenske, Creative Systems Design Manager, PatientBuilder, LLC
“Nagarro has maintained consistent customer acquisition and company growth over the past three quarters, despite unusually volatile economic conditions. We remain focused on offering the highest quality solutions to solve the most complex software development challenges in the world. Our customers recognize that this is an ideal time to outsource, and that remaining competitive in this market requires access with the top-tier solution provider like Nagarro.”
Vikas Seghal, President & CEO of Nagarro
Additional Resources:
About Nagarro, Inc.
Nagarro finds innovative solutions for the highest-value and most time-critical outsourced software development challenges of its clients worldwide. With its software product engineering and application development services, Nagarro offers a unique combination of strategic guidance, domain knowledge, specialized technical skills and proven project management methodologies. Software startups, midsize enterprises and large enterprises use Nagarro to gain competitive advantage and meet critical business requirements. Founded in 1996, Nagarro offers onsite, hybrid and offshore software development models and has offices in the US, Germany, Sweden and India. For more information, please visit www.nagarro.com or call 408-436-6170.
Contact:
Nagarro, Inc.
Nina R. Minney
415-990-2450
nina.minney@nagarro.com
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