Brigade: India's 7th Largest Information Technology Enabled Services
CompanyCHICAGO, November 20, 2002: NASSCOM, the apex industry association
of software and service companies in India, has recognized Brigade
Corporation as a key player in its annual ranking of third party
information technology enabled services (ITES) companies. Brigade
is a global provider of business process outsourcing and customer
relationship management solutions.
Brigade's climb is the largest advance by any of the top ten companies
(seventh from tenth in 2001) and is one of only two companies that
advanced in the rankings this year.
The NASSCOM ranking is based on company revenues reported in accordance
with United States Generally Accepted Accounting Principles (US
GAAP) and certified by company auditors as of March 31, 2002. Formed
in 1988, NASSCOM is a non-profit organization with over 854 member
companies that represent 95 per cent of revenues of the Indian software
"Our rankings reaffirm the fact that the ITES sector and the
IT Industry as a whole, are in a phase of sustained development,"
said Mr. Kiran Karnik, President, NASSCOM.
"We are pleased to advance in this year's NASSCOM rankings
due to the continued growth of our business through client expansion,"
commented Raymond E. Bayley, Chairman and CEO of Brigade. This is
particularly significant given the challenges of our current economic
"Brigade's ranking by this respected association further solidifies
our position as a significant global business in the ITES market
and we look forward to continuing to advance in these rankings,"
added Sri Dasari, President of Brigade India. "While our ISO
9001/2000 and Six Sigma regimens are designed to continually improve
our work processes, it's also encouraging to see that we have continually
improved our position in this competitive marketplace."
About Brigade Corporation
Brigade is a leading provider of business transaction services and
customer relationship management solutions to Global 1000 corporations.
Brigade's global service delivery model, including large-scale operations
in India, leverages global labor markets and world-class outsourcing
process expertise to provide multi-national corporations with high
quality business transaction services outsourcing and customer relationship
management options. Brigade dramatically improves business processes
while delivering them at substantially lower costs. See: www.brigade.com.
National Association of Software and Service Companies (NASSCOM)
is the apex umbrella organization for IT software and service organizations
in India. Formed in 1988, NASSCOM's objective is to act as a catalyst
for the growth of the globally competitive software-driven IT industry
in India. Nasscom is a non-profit organization with over 854 member
companies that collectively contribute to more than 95 per cent
of revenues of Indian software industry. Its members include software,
Internet and E-commerce companies spanning private, public sectors
that include homegrown companies and multinationals. Nasscom is
internationally represented at WITSA (World Information Technology
Services Alliance) and ASOCIO (Asian Oceanian Computing Industry
Lakshmi Akula Lakshmi@brigade.com