Facility based in Bangalore named as NextEdge Software Solutions
27 March 2006: Mindscape Information Technology, leading systems integrator for the financial services industry in the region announces the opening of its new Offshore Development Center called NextEdge Software Solutions Limited based in Bangalore, India.
NextEdge has commenced operations with 35 software professionals and ramp up to 100 over the next 2-3 years. Mindscape expects to maintain its dominant position in the region by leveraging on services offered through NextEdge.
Inaugrating the facility, Mohamed Fouz, the CIO of Mashreqbank and the CEO of Mindscape said, "We felt a strong need to work with a strategic partner to offshore our maintenance and development activity, thereby strengthening our delivery capability to Mashreqbank, as well as our other customers. After examining various options, it was best felt to set up our own delivery arm. NextEdge proved to be best suited for the purpose".
It is relevant considering the fact that the technology needs for Mashreqbank is growing rapidly in order to maintain its rate of growth and leadership position in the banking services industry. "The business plans for NextEdge are aggressive and we are positive that in a couple of years' time, Mindscape will be in a strong position to ensure that its track record of delivery-on-time to its customers is sustained and is met at a relatively lower cost base," said Fouz.
NextEdge offers efficient and cost-effective 'end-to-end' integrated technology solutions that provide a faster time-to-market and lower total cost of ownership. Since it is strategically located in Bangalore, the IT Capital of India it gives instant access to a trained pool of resources skilled in various technologies.
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About Mindscape
Mindscape Information Technology is an advanced technology and technical management firm that provides Technology for Business solutions. Organization's core competency is in delivering cost-effective and value added services in assisting clients meeting their strategic business goals. Over the past twenty years, Mindscape has emerged as specialist in development and application of advanced technology especially in major industries such as Banking, Financial Services, Insurance, Education, Healthcare, Retail, and Manufacturing. Mindscape consultants utilize quality frameworks such as SEI-CMM, ISO9001:2000, ISO17799 and BS15000. For more information call 971-4-2741333 or email at info@mindscapeit.com. More information about Mindscape can be found on the Web at www.mindscapeit.com.
© Press Release 2006
