Thinksoft in expansion mode as revenues grow by 60%- Economic Times Thinksoft Global Services, leader in providing domain focused Independent Software testing & business requirements assurance services to global financial and Insurance organizations is growing rapidly by acquiring new accounts and expanding its presence in new geographies.
"Our revenues have grown by 60% last year (2005-2006) and we expect a similar growth story in the current year (2006-2007)"said Asvini Kumar, CEO, Thinksoft Global Services. Thinksoft has doubled its office infrastructure to over 60,000 sq.ft (geared for 700 resources) to accommodate the significant growth in operations.
Thinksoft has also grown its headcount from 300 to 500 in the last financial year. It has opened subsidiary in Germany, marketing office in Bangalore and expanded the sales office in UK. It has also made several thought leadership presentations in industry forums at UK, Germany and Singapore.
"With internal cost pressures and market demands for Total Cost of Ownership (TCO) reduction, services of specialist companies such as Thinksoft are sought after. Our mission is to help global banks mitigate 'Quality Risks' in Outsourcing by assuring 'Business requirements' In 'delivered software' through 'Requirements Audit' & Domain focused Independent Testing. Value proposition offered by this dual focus is increasingly becoming crucial for clients" explains Mr Kumar.
Thinksoft's dual specialization & track record - software testing for financial services vertical has helped bag many multinational clients last year in Europe, USA and Middle East.