HEXAWARE

HTL or Hexaware Technologies is an IT and Process outsourcing service provider in the world. It was being incorporated in November 1992. It also provides technological solutions and specializes in Business Intelligence, Transportation, Business Analytics, Enterprise Applications, Legacy Modernization, and HR–IT. It also delivers services to industries such as Insurance and Travel transportation and logistics, Banking and Financial. Its onsite/offshore delivery model offers significant cost savings and its development centers are assessed at the SEI CMMI-Level 5 and are also ISO 9001:2000 and TickIT certified. In 1990, it was founded and currently maintains seven state-of-the-art development centers - four in India and one each in the USA, Germany, and Mexico, and several offices in North America, Europe and the Asia Pacific, and also employs around 6000 workers worldwide. Also, its centers comply only with the crucial quality and security best practices - SEI CMMI Level 5 and BS 7799. In 2006, Hexaware acquired FocusFrame, a US-based specialized testing consulting firm, in an all-cash deal for $34.3 mn. FocusFrame is a California–based firm specializing in automated testing of ERP and custom applications. Their business revolves around systems verification, Quality Strategy and IT Governance solutions, and various functional, performance, and system stress verification exercises. The Company completed the integration of the Quality Assurance and Testing Services (QATS) operations of FocusFrame with Hexaware in early 2009. The Company is committed to quality, and its development centers are assessed during SEI CMMI Level 5. It is also certified with TickIT, ISO 9001:2000, BS 7799, and SAS 70 Type 1. It has also been certified as PCI DSS 1.2 (or Payment Card Industry Data Security Standard) compliant. Also, the Payment Card Industry Data Security Standard is a data security standard that promotes confidentiality of cardholder data and facilitating the broad adoption of consistent data security measures worldwide. It offers enterprise solutions such as SAP, Peoplesoft, Oracle applications, JDE, and Siebel. It has partnered with Microsoft to offer end to end solutions using Microsoft’s technologies. Its global operations are being located in North America, Europe, and the Asia Pacific and are also listed on Luxembourg stock exchanges.

Some of the Business areas:

• Banking and Financial Services:Under this, it offers services in areas like asset management, corporate banking, retail banking, and leasing. It also provides a spectrum of services such as eagle, calypso, murex, the temenos, GL trade, and more.
• Insurance services:It provides services in underwriting, policy administration, claims administration, and agency compensation. Also under this, it has created HexSOAF.
• Travel Transportation and logistics:It provides services to industries such as Airlines and Airports, Travel and hospitality and Logistics. Also, it provides a solution like business analytics, airline MRO solutions, RFID Solutions, revenue accounting systems, and more. For Airline BPO services to provide caliber point business solutions.

Some of the Milestones:

• 2014:
• It introduced the Manufacturing Vertical.
• It introduced the HCM service offering.
• 2013:
• It opens the delivery center in Singapore.
• It won a large IT+BPO Multi-Million Dollar deal for the Logistics Major in APAC.
• It won the Application Partner of the Year 2013 - HCM Cloud [in the Asia Pacific].
• It won the Top 100 CISO Award.
• It is also listed among Asia’s 200 Best Under a Billion on Forbes.
• It won the first client in OTM.
• It was the winner of the Top 100 CISO Award in 2013.
• It was the winner of the BPO Excellence Awards in 2012– 2013 [Subsidiary: Caliber Point].
• 2011:
• It won a USD 250 mn contract, which is the largest for the Company to date.
• It signs USD 177 mn contract.
• Also, it won the Golden Peacock Award for Excellence in Corporate Governance.
• 2010:
• It expanded its reach to 20 countries.
• It signs the first USD 100 + mn contract.
• It built a Global Delivery Centre in Bengaluru, India.
• Also, the Global Platinum Partnership with Oracle.