Mumbai
November 27th, 2007
Delhi-based, IT solutions company, Visesh Infotecnics was declared a winner
in the Deloitte Technology Fast 50 India 2007 program, third year running at a
ceremonial function conducted in Mumbai on the 22nd of November, 2007.
Deloitte, announced the 50 winning companies selected from technology, media
and telecom segments through a procedure of identifying leading technology
companies considering their three-year performances and revenue growth. This is
the third Deloitte Technology Fast 50 India program conducted by Deloitte Touche
Tohmatsu, Asia Pacific.
Speaking on the occasion, Sanjiv Bhavnani, CEO & MD of Visesh Infotecnics
said, "We are pleased to have retained our Fast 50 status, third year in a
row. Visesh has continued to grow through its understanding of client needs and
quick adaptation of its products and service offerings, in a rapidly changing
technology landscape. Innovation drives the organization's offerings, which are
welcomed by our rapidly growing client base, globally. We intend to continue our
fast growth through diversification into newer markets with innovative
offerings, while continuing to consolidate our presence in existing
markets."
All the 50 companies have managed to achieve an average revenue growth rate
of 489.20 percent over three years. Based upon an analysis by segment, Software
(52 percent) continues to be the fastest growing industry segment of the index.
A survey of the CEOs, of the Technology Fast 50 nominated companies conducted
in conjunction with the Technology Fast 50 delivers a clear message, that
despite numerous challenges, CEO's are very confident about their growth
prospects in 2007.
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