Mastek Ltd, a leading IT solutions player with global operations in providing new technology and IP-led enterprise solutions to insurance, government, and financial service organizations worldwide and headquartered at Mumbai has today announced that it has been ranked 16 in the "2008 Global Outsourcing 100" companies - a list compiled by the International Association of Outsourcing Professionals (IAOP) which includes companies from around the world providing a full spectrum of outsourcing services - not just information technology and business process outsourcing, but in areas such as facility services, real estate and capital asset management, manufacturing, and logistics. The list includes not only today's leaders, but tomorrow's rising stars as well; they include not just the biggest, but the best across industries.

Mastek has also been ranked among the Best 20 companies by industry focus in both its target verticals of Government and Insurance, where it has created a strong position for itself within the enterprise applications market. Mastek has significant differentiators in these verticals in the form of a strong track record and a unique set of proprietary frameworks and competencies, including Elixir(tm), which is an end-to-end solutions platform for the insurance industry.

This is the third time, and second consecutive year, when Mastek has been ranked among Top 20 in The Global Outsourcing 100 list compiled by IAOP. The 100 companies selected were announced at The 2008 Outsourcing World Summit® with the rankings unveiled in a special advertising section of the spring issue of FORTUE® magazine in May 2008.

Mr. Sudhakar Ram, Chairman & Managing Director, Mastek, said: "Making it to the top 20 of the Global Outsourcing 100 list is a real accomplishment for us at Mastek. I am especially delighted to observe that we have been recognized as one of the best companies in our chosen verticals of Government and Insurance where we have built strong capabilities and made investments in creating intellectual property. This recognition is also a reflection of the sincere hard-work put in by the entire team at Mastek, enabling it to win the confidence of its customers as a robust IP-led enterprise solutions provider."

"Getting selected to the Global Outsourcing 100 shows these companies came out on top following a rigorous application process and unbiased competition judged by an independent panel of recognized industry leaders in outsourcing," says Jagdish Dalal, Managing Director, Thought Leadership, IAOP and chairman of the judges' panel. "Businesses should carefully consider these outsourcing leaders named on the Global Outsourcing 100 during their selection and due diligence process."

"The companies on this year's Global Outsourcing 100 list represent the elite of our field, hailing from every corner of the globe and providing an extensive array of cutting-edge services," says Michael F. Corbett, Chairman, IAOP. "The Global Outsourcing 100 list has become the definitive go-to resource that companies use to make better informed outsourcing decisions and comparisons of providers, so it is an extremely valuable resource for both the players named on it and the businesses around the world that use outsourcing services." 

Sourced From: Corporate Voice|Weber Shandwick