Thinksoft bullish about prospects in testing space- Financial Express Thinksoft Global Services Pvt Ltd (Thinksoft) is bullish about its prospects in the testing space and has leveraged the offshore-onsite model to provide services in this niche. The domain focused pure play testing firm with 220 employees, expects to add 30 professionals in the next month, said Mr. Asvini Kumar, Chief Executive Officer, Thinksoft.
"We are focused only on the banking financial services and insurance segment and provide only testing services. This provides us an edge in the market", Mr. Kumar told reporter at a press conference on Wednesday.
Thinksoft has got the first round of venture capital funding. The firm is comfortable in terms of cash flows and has no plans to raise further rounds of funding.
"The profit in the testing niche are similar to the software services firms and in the range of 20-25 percent.
In fact, the testing space commands a premium over software services" he explained. The company has an interesting human resources strategy.
"We recruit B.Coms, MBAs etc and put them through a very intensive training. The recruits view it as an entry into the software industry positively and the attrition level is very low" explained Ms. Vanaja Arvind, Chief Operating Officer, Thinksoft.
