Encora Group Joins Indecomm Corporation
By:
Biztech2 Staff
| Jun 23, 2008
Indecomm Corporation has announced that Encora Group, BVI, has joined the Indecomm family.
Encora is an emerging player in the Collaborative Product Development (CPD) space. Encora’s CPD platform provides life-cycle product development and technology services to global software product companies with execution and operating models that its clients can leverage. The Encora transaction extends Indecomm’s portfolio of consulting and outsourcing services across multiple industry domains to technology services and will propel the combined organisation to further strengthen its presence in the high-end technology and outsourcing services segment.
Indecomm together with Encora will clock an annual revenue of $100m, and employ over 5,000 resources, including 1,000 IT and product engineers, across the United States, Europe, APAC and India.
Also, the Indecomm-Encora combination is a compelling proposition to each other's customers. Encora's customers will now have access to the full range of outsourcing services that Indecomm provides to several leading companies. In an even manner, Encora's acclaimed Collaborative and Distributed Product Development expertise will offer Indecomm customers the potential to use applications beyond traditional outsourcing services.
"The addition of Encora will advance Indecomm's vision of seamless IT and outsourcing services," said Naresh Ponnapa, president and CEO of Indecomm Corporation and added, 'Encora complements Indecomm’s business and extends our ability to deliver compelling products and services to our enterprise customers. Encora’s software and product development services combined with our consulting and outsourcing services will deliver our customers a rich user experience, low cost of ownership and enterprise-class software and technology services'.
"This is an exciting milestone for our company, and we look forward to scaling our growth as part of Indecomm," said Venu Raghavan, CEO of Encora Group, BVI. "Indecomm's global reach, scale, widely recognised brand and worldwide customer relationships make it the ideal partner for Encora. We look forward to working with the Indecomm family to ensure a rapid and seamless transition."
Encora is an emerging player in the Collaborative Product Development (CPD) space. Encora’s CPD platform provides life-cycle product development and technology services to global software product companies with execution and operating models that its clients can leverage. The Encora transaction extends Indecomm’s portfolio of consulting and outsourcing services across multiple industry domains to technology services and will propel the combined organisation to further strengthen its presence in the high-end technology and outsourcing services segment.
Indecomm together with Encora will clock an annual revenue of $100m, and employ over 5,000 resources, including 1,000 IT and product engineers, across the United States, Europe, APAC and India.
Also, the Indecomm-Encora combination is a compelling proposition to each other's customers. Encora's customers will now have access to the full range of outsourcing services that Indecomm provides to several leading companies. In an even manner, Encora's acclaimed Collaborative and Distributed Product Development expertise will offer Indecomm customers the potential to use applications beyond traditional outsourcing services.
"The addition of Encora will advance Indecomm's vision of seamless IT and outsourcing services," said Naresh Ponnapa, president and CEO of Indecomm Corporation and added, 'Encora complements Indecomm’s business and extends our ability to deliver compelling products and services to our enterprise customers. Encora’s software and product development services combined with our consulting and outsourcing services will deliver our customers a rich user experience, low cost of ownership and enterprise-class software and technology services'.
"This is an exciting milestone for our company, and we look forward to scaling our growth as part of Indecomm," said Venu Raghavan, CEO of Encora Group, BVI. "Indecomm's global reach, scale, widely recognised brand and worldwide customer relationships make it the ideal partner for Encora. We look forward to working with the Indecomm family to ensure a rapid and seamless transition."
Tags: [Indecomm Corporation ] [Encora Group ] [BVI ] [Collaborative Product Development ] [Consulting ] [Outsourcing ] [Technology Services ]
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