Frost & Sullivan awards Satyam Computer Services Ltd the Competitive Strategy Leadership Award for Offshore Testing Market for the year 2007.
This Competitive Strategy Leadership Award goes to the company who has executed an innovative strategy within the existing competitive landscape, empowering the company to gain over the competition. Satyam has displayed excellence in all areas of the competitive strategy leadership process, including strategy development, solution differentiation and methods of addressing market dynamics. At the occasion, Manish Mehta, Director & Sr. Vice President – SAP and Testing Practice (QEdge) said, „Satyam is proud to be honored with this prestigious award.
This award endorses Satyam’s acknowledged leadership in the global testing space and also recognizes Satyam’s capabilities in making the right investments in thought leadership initiatives.” Satyam’s Testing Practice (QEdge), due to its innovative strategies, has grown rapidly, creating a niche for itself in the product and application testing space. Established in 2001, QEdge features exceptional capabilities that enable the delivery of end-to-end and independent testing solutions and services.
Backed by the state-of-the-art infrastructure and highly secured testing labs powered by leading test tool vendors, QEdge provides a one-stop shop for software testing requirements. It’s highly qualified and experienced testing team, strategic alliances with testing tool vendors, focus on the market rather than the competition and its ability to integrate the testing tools with the testing framework to meet their client’s requirements, future focused initiatives are some of the competitive strategies that have been adopted by Satyam.
While presenting the award, Alok Shende, Vice President – Information & Communication Technologies Practice, Frost and Sullivan, said, „Indian Software companies are establishing „Center of Excellence” to tap the vast opportunities in the Offshore testing market. Satyam’s Testing Practice (QEdge) with its ability to adapt to emerging market trends and develop solutions proactively has made its presence felt in the testing Thought Leadership quadrant.” The offshore testing market in India is around $1.52 billion.
The growing focus on quality due to the huge costs associated with defective software in terms of business is the main driver of this market. It is also being recognized that by outsourcing testing to independent software testers, testing costs can be bought down significantly (in tunes of 75%). Frost and Sullivan expect the Indian offshore testing market to grow at a compound annual growth rate (CAGR) of 27.8% between 2006 and 2013.
To choose the recipient of this award, the Frost & Sullivan analysts track innovative strategies within the industry. Interviews with market participants and extensive secondary research of proprietary data sources help in this. Finally, there is comparison and ranking of competitors for relative positions. Frost & Sullivan then presents the award to the company that received the number one industry rank in competitive strategy. (businesswireindia.com)