In May 2006, in line with the company's published 5-year strategy, IPL initiated a search for a suitable strategic offshore partner. Given the importance of such an alliance to IPL's future business the search criteria were specific and demanding. After 6 months evaluating over 25 candidate companies, we are pleased to announce the selection of Ness Technologies.
Ness Technologies (NASDAQ: NSTC) is a global provider of end-to-end IT services and solutions, specialising in outsourcing and offshore services. With 7,500 employees, Ness maintains operations in 16 countries across North America, Europe and Asia Pacific.
The range and reach of Ness's services will add considerably to IPL's delivery capability, enabling IPL to:
- increase capacity and availability;
- offer more flexible staffing options;
- broaden its services with additional specialist skills;
- further improve its cost-effectiveness;
- access Ness's portfolio of products and Intellectual Property.
IPL's Sales and Marketing Director, Shaun Davey, commented: "Our chosen partner, Ness Technologies, has a very complementary range of services to offer IPL and is exceptionally well structured to support our business and technical needs. This partnership is a very significant event in IPL's history and will be a key enabler for achieving our planned growth."
To learn more about Ness, visit their web site at http://www.ness.com/
