Hexaware Technologies Limited, a leading global provider of IT, Business Process and Consulting Services, announced that analyst firm NelsonHall has identified Hexaware as a High Achiever in their NEAT vendor evaluation for Software Testing under Overall, Digital Focus, Efficiency Focus, and Transformation Focus market segments.
Aligned with the organization’s "Shrink IT. Grow Digital" strategy, the Testing Services unit (Branded as Digital Assurance) has a two-pronged strategy for growth. The first strategy focusses on identifying opportunities for automation to significantly reduce the QA (Quality Assurance) spend for testing applications on the traditional platforms by delivering "Quality with Speed". The second strategy focusses on assuring quality for digital transformation programs across verticals, by leveraging its Continuous Test Platform (CTP) that integrates multi-channel innovative accelerators, pre-built domaincentric test suites, service virtualization driven test environments and plug and play solutions.
“Hexaware is expanding its digital testing capabilities and investing in underlying automation. It also has a differentiated strategy for software testing IPs and accelerators.” said Dominique Raviart, IT Services Practice Director for NelsonHall. “In the testing tool space, Hexaware systematically uses open source software or its own proprietary tools to provide an alternative to testing COTS but at a lower price.” he added.
“This recognition by NelsonHall is very important for us and comes at the right time in our journey as we see a very positive response from clients for our innovative platforms like iD2E (Integrated Design to Execution) automation, FAME (framework for automated mobile testing) for multi-channel testing, quantifying usability of apps using our UMI (usability measurement index) model, automated Big Data testing, service virtualization and our innovations in on-demand performance engineering using the cloud and security testing solutions,” said Tony Mohanty, Global Head, Digital Assurance, Hexaware Technologies. He further added,“Being just the “right size", we have no fear of cannibalization as we aggressively expand the test automation coverage across our clients and demonstrate how our solutions can help our prospective clients save significantly on the QA spend and move away from an FTE based model to an output based pricing model."
NelsonHall (nelson-hall.com) is the leading BPS and IT services research firm, with analysts in the U.S., U.K., and Continental Europe. The company takes a global approach to analysis of vendors and outsourcing markets and is widely respected for the quality and depth of its research. With its “Speed-to-Source” initiative, NelsonHall helps buy-side organizations significantly reduce the time and cost associated with BPS and ITS sourcing projects.
About Hexaware Technologies
Hexaware (hexaware.com) is a leading global provider of IT, BPS and consulting services. The Company focuses on key domains such as Banking, Financial Services, Capital Markets, Healthcare, Insurance, Travel, Transportation, Logistics, Hospitality, Manufacturing and Consumer. Our business philosophy,“Your Success is Our Focus”, is demonstrated through the success we ensure for our clients. Hexaware focuses on delivering business results and leveraging technology solutions by specializing in Application Transformation &Analytics, Digital Assurance, Infrastructure Management Services, Digital Customer and Business Process Services. Founded in 1990, Hexaware has a well-established global delivery model armed with proven proprietary tools and methodologies, skilled human capital and SEI CMMI-Level 5 certification.
Safe Harbor Statement
Certain statements in this press release concerning our future growth prospects are
forward-looking statements, which involve a number of risks, and uncertainties that could
cause actual results to differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include, but are not limited to,
risks and uncertainties regarding fluctuations in earnings, our ability to manage growth,
intense competition in IT services including those factors which may affect our cost
advantage, wage increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, our ability to manage our international
operations, reduced demand for technology in our key focus areas, disruptions in
telecommunication networks, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the success of the companies
in which Hexaware has made strategic investments, withdrawal of governmental fiscal
incentives, political instability, legal restrictions on raising capital or acquiring companies
outside India, and unauthorized use of our intellectual property and general economic
conditions affecting our industry.