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Mumbai: Bangalore-based Cambridge Solutions Ltd, one of the largest global knowledge-based IT and BPO firms, has been ranked 28th in Fortune magazine's 2006 Global Outsourcing 100 List. Cambridge, with expertise in insurance and financial services, has been selected in the "Global Outsourcing Leaders" category of the list. According to Fortune, the top outsourcing companies demonstrate the quality and diversity of the outsourcing solutions available to customers today. The list is currently featured in Fortune's March 27, 2006, print issue. Fortune's 2006 Global Outsourcing 100 list is based on a survey conducted by IAOP, a global organisation comprising nearly 200 leading companies. The list is composed of 65 leaders and 35 rising stars from which Cambridge has been selected in the leaders category. The selection is based on a wide range of factors, including revenue and growth, service excellence, demonstrated competencies, and depth of management capabilities. The Global Outsourcing 100 defines the standard for excellence in outsourcing service delivery. After the merger between Scandent Solutions Corp. Ltd., and Cambridge Services Holdings, LLC on March 13, 2006, the merged entity, now renamed Cambridge Solutions Ltd, is a Scandent Group company. Cambridge Services is a strategic global outsourcing firm with expertise in: -
Insurance claims and loss cost management services such as professional liability, product liability, medical malpractice, structured settlements and reinsurance.
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IT business consulting, application implementation, software engineering, maintenance and support services. "We're honoured to be named on this prestigious list. This international recognition clearly validates the success of Cambridge Solutions' unique strategic global outsourcing model," said Chris Sinclair, executive chairman and CEO, Cambridge Solutions Ltd. "With Cambridge, we have created a new approach to outsourcing that offers a comprehensive mix of onshore and offshore options that bridges the gap for companies between where they are today, and where they need to be tomorrow. Combined with our success in insurance claims management and ability to integrate our BPO services with our growing IT business, Cambridge helps companies to reach the next level of performance, efficiency and competitive advantage." Cambridge Solutions Ltd. will have revenues of nearly $275 million a year, more than 3,500 employees, 82 offices on four continents, and more than 2,000 clients (including Fortune 500 companies).
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