Polaris ranked best speciality application developer by Global Services

03 February 2006

Chennai: Polaris Software Lab Limited (POLS.BO) has been named the leader in the 'speciality application development' among the top 100 global companies from Cyber Media publications for 2006. The award will be handed over at a glittering ceremony to be held in New York City today,

The ranking was conducted by Global Services, an international integrated media brand, owned by CMP-CyberMedia LLC recently released its exclusive annual listing of the top 100 companies, including shortlists of leaders in ten service-delivery areas spanning BPO, ITO and customer care.

"In winning our 2006 list of top 10 specialty application development leaders, Polaris has demonstrated impressive performance and maturity in its global service delivery," said Rusty Weston, editor in chief, Global Services published by CMP-CyberMedia LLC. "The Global Services 100, conducted by Global Services magazine in conjunction with NeoIT, applies a sophisticated sourcing evaluation process to identify the largest and most innovative global service providers."

Polaris emerged as a winner in the category of speciality application development for its ability to cater to all aspects of the banking and financial services' community with the value-add of extremely modular solutions based on service oriented architecture (SoA).

According to Arup Gupta, president and chief operating officer, Polaris Software Lab Limited, "As a company, we also understand the imperatives for delivering solutions for the customer's customer. The focus on specialisation gives reliability of growth along with sustained quality of the solutions delivered This Award will only propel us to continue our quest to take innovation to the next level, translating strategy into action: in our need to deliver value to the top global financial institutions."

The role that an innovation leader plays is a function of the circumstances in which businesses in an ever-changing world operate.