News & Events
December 9, 2008 – Pune Times (The Times of India)
Corporates in Pune are doing a lot for social welfare. Pune Times presents the green picture that corporates contribute to social causes is something we know about. But, many make the mistake of thinking that they do so occasionally. If we check out in our own city, we will realize that many companies are contributing to the well-being of the society. They are doing so in a planned manner, and their POA is actually helping in a significant way.
“ We encourage every employee to participate in social causes, and contribute to the society while performing their duties,” says Deepak Nathani, COO. “Our social arm has conducted programmes such as blood donation drives, village upliftment activities in rural areas, AID awareness and de-addiction programmes. We have also been organizing activities for old age homes and orphanages for the past five years.” Nathani reveals some other plans as well. “We are currently in the process of organizing a village adoption project at Karnwadi village near Bhor. We hope to help the villagers in finding new sources of income and improving their standard of living with the construction of toilets, tree plantations, developing a proper drainage system, education with zero budget organic farming and water harvesting,” he tells us.
Employees are a pleased lot too. Yogesh Panse, a Senior Quality Assurance Engineer, tells us, “The activities that have been organized by our company are very helpful. They not only give us an opportunity to participate in social work, but also help in our personal lives as well. Being a volunteer in social work activities is a great stress buster. You feel elated when you know you are contributing to the society as well.”
Social work by corporates has taken a huge step forward. With the passage of time, such activities will only lead to a better India.
“ We encourage every employee to participate in social causes, and contribute to the society while performing their duties,” says Deepak Nathani, COO. “Our social arm has conducted programmes such as blood donation drives, village upliftment activities in rural areas, AID awareness and de-addiction programmes. We have also been organizing activities for old age homes and orphanages for the past five years.” Nathani reveals some other plans as well. “We are currently in the process of organizing a village adoption project at Karnwadi village near Bhor. We hope to help the villagers in finding new sources of income and improving their standard of living with the construction of toilets, tree plantations, developing a proper drainage system, education with zero budget organic farming and water harvesting,” he tells us.
Employees are a pleased lot too. Yogesh Panse, a Senior Quality Assurance Engineer, tells us, “The activities that have been organized by our company are very helpful. They not only give us an opportunity to participate in social work, but also help in our personal lives as well. Being a volunteer in social work activities is a great stress buster. You feel elated when you know you are contributing to the society as well.”
Social work by corporates has taken a huge step forward. With the passage of time, such activities will only lead to a better India.
September, 2008 – IDC-DQ IT Best Employers’ Survey 2008
Cybage was ranked at No.18 in the Top 20 HR ranking in the DQ-IDC Best Employers survey 2008. The survey indicates that Indian Tech companies are catching up in the HR front too in a year of growing concern about job security. The HR ranking was based on innovative HR practices and policies carried out by companies.
August 7, 2008 – DNA
As a part of its global expansion plan, city-based infotech company Cybage has started operations in Hyderabad with a 300-seater development centre in the Special Economic Zone (SEZ). This is a first foray for the firm into an SEZ. Company officials said that the centre was already operational with over 100 software professionals before its formal launch on August 6. The headcount is expected to reach full capacity within a year.
"The overall expansion will help the national branding, give us access to the huge pool of talent available in and around Hyderabad and offer our employees geographical options to work with Cybage," said Arun Nathani, chief executive officer and managing director of Cybage. Apart from Hyderabad, the firm also has operations at Gandhinagar, along with three centers in Pune. Overseas, the company has a facility at Redmond in the US.
The expansion in Hyderabad puts Cybage in physical proximity to its key strategic customers like Microsoft, HSBC and Google, among the others. "This proximity will help in strengthening the existing relationship with these customers," said Nathani. Headquarters in Pune, Cybage offers end-to-end software services to customers globally. Currently the company has a headcount of over 2,800 professionals spread across its development centres in Pune, Hyderabad, Gandhinagar and Redmond.
"The overall expansion will help the national branding, give us access to the huge pool of talent available in and around Hyderabad and offer our employees geographical options to work with Cybage," said Arun Nathani, chief executive officer and managing director of Cybage. Apart from Hyderabad, the firm also has operations at Gandhinagar, along with three centers in Pune. Overseas, the company has a facility at Redmond in the US.
The expansion in Hyderabad puts Cybage in physical proximity to its key strategic customers like Microsoft, HSBC and Google, among the others. "This proximity will help in strengthening the existing relationship with these customers," said Nathani. Headquarters in Pune, Cybage offers end-to-end software services to customers globally. Currently the company has a headcount of over 2,800 professionals spread across its development centres in Pune, Hyderabad, Gandhinagar and Redmond.
June 15, 2008 – The Times of India
Cybage was felicitated by the State Blood Transfusion Council (SBTC) in Mumbai on the occasion of World Blood Donor Day (WBDD) on Saturday. Cybage achieved the unique distinction of collection more than 1,000 units of blood last year. Speaking to The Times of India (TOI), State Blood Transfusion Council Director, Dr Sanjay Jadhav added, “We organize this programme to encourage institutions to continue their work and motivate others to work in a similar direction.”
May 29, 2008 – DNA
The International Association of Outsourcing Professionals (IAOP), USA, has ranked Pune-based Cybage Software among top four firms in the ‘Global Outsourcing 100 rising star’ category. Cybage scored the highest among all applications in outsourcing experience, industry recognition and employee management. IAOP was formed in 2005 by a consortium of leading companies involved in outsourcing as costumers, providers and advisors. This in second consecutive year Cybage has been selected as one of the world’s top outsourcing service providers. The results of the survey were published in the fortune 500 list early this month. “The list comprises of 100 top associations worldwide, of which 75 are big companies while 25 are rising enterprises.
Cybage has climbed from 22nd rank last year to the fourth rank,” said Arun Nathani, chief executive office of Cybage Software. Featuring the best of today’s leading outsourcing service providers and tomorrow’s rising stars, companies were judged on four critical characteristics – size and growth; customer references; organizational competencies; and management capabilities.
Cybage has a headcount of over 2700 professionals spread across its development centers in Pune, Hyderabad, Gandhinagar and Redmond in the US. “The company is expanding to become a 3,000-people organization by the year end,” Deepak Nathani, chief operating officer, Cybage Software.
Cybage has climbed from 22nd rank last year to the fourth rank,” said Arun Nathani, chief executive office of Cybage Software. Featuring the best of today’s leading outsourcing service providers and tomorrow’s rising stars, companies were judged on four critical characteristics – size and growth; customer references; organizational competencies; and management capabilities.
Cybage has a headcount of over 2700 professionals spread across its development centers in Pune, Hyderabad, Gandhinagar and Redmond in the US. “The company is expanding to become a 3,000-people organization by the year end,” Deepak Nathani, chief operating officer, Cybage Software.
May 2008 – Fortune 500 issue of Fortune magazine
About IAOP
The International Association of Outsourcing Professionals (IAOP) was formed in early 2005 by a consortium of leading companies involved in outsourcing as customers, providers and advisors. Today its global membership includes organizations from around the world representing a cross-section of industries and functional activities. With 40,000 members, this leading member-based association is shaping the future of outsourcing as a management practice, as a profession and as an industry, through its establishment of professional accreditation, practice standards and industry advocacy. IAOP brings together the world’s leading outsourcing customers, providers and advisors in a powerful, active and growing global association to exchange thought leadership, share best practices and network to maximize their effectiveness at using outsourcing as a management tool.
About The Global Outsourcing 100
The Global Outsourcing 100, produced annually by the International Association of Outsourcing Professionals (IAOP), is devoted to featuring the best of today's leading outsourcing service providers and tomorrow's rising stars. Relative rankings, selection process details, and company strengths are featured in a special advertising feature, produced by IAOP in the May 5th FORTUNE 500 issue of FORTUNE® magazine. Companies were judges on four critical characteristics: size and growth; customer references; organizational competencies; and management capabilities.
May 3, 2008 – Pune Times (The Times of India)
As part of their Corporate Social Responsibility (CSR), the Nathani’s have spread their CSR wings even further through village adoption. (CybageAsha-a philanthropic part of Cybage under its broad corporate social responsibility initiative works for the under privileged and needy sections of society to enhance their quality of life. CybageAsha is committed to spreading smiles through blood donation drives, de-addiction programmes, AID awareness activities and even organizing events for old age homes and orphanages. However its dream project is village adoption. CybageAsha aims at making the residents of the adopted village self-reliant through various initiatives namely; zero budget organic farming, water harvesting, hygiene, tree plantation etc)
April 25, 2008 – CIOL.com
Following the last US recession in 2001-02, India’s IT industry grew from strength to strength riding on the offshore outsourcing wave. This in turn was spurred by many large US companies laying off people and moving jobs and operations to low cost locations like India. Arun Nathani, CEO, Cybage shares his experience on the recessionary times then and what he expects from the current uncertain times.
For Arun Nathani, there is absolutely nothing to panic about at least in the immediate term. The US is under heat and while recession as always remains a grey line the fears arising out of slowdown in economy or sub-prime miscalculations would naturally have a trickle-down effect.
“But IT if impacted, would only be the second, third or last in the line. IT industry, even with product companies, is essentially a service industry that has the role of driving efficiency for its customers. And ironically, a slowdown is good for the industry as it can be more relevant to cut costs and drive efficiencies for customers.”
A slowdown, is in fact good for IT, but a serious slowdown is not good, he explains. Responding to the muted outlook and results from frontliners like TCS, Infosys, HCL etc that confirm the fears of recession, he prefers to maintain that the sentiment is still upbeat, “Everyone was writing IT's obituary but the current environment shows that though cautious, the sentiment is rather bullish. We are not a large company in comparison, but with over 150 customers, we are getting good vibes. Our customers are in good shape, the conversions and growth is positive and in fact this calendar year looks more positive than last one.”
Cybage expects to clock approximately 20 per cent growth in the year gone by in Rupee terms and has an outlook of churning 30 per cent growth next year too. The margins, as he shares, are better on new accounts and the company has been adding customers at double digit numbers every quarter. He concludes thus that the severity of impact would be not in the immediate future and not in the particular calendar year. “Impact will be seen if the US goes into a deep recession in three to four months.”
Delving on comparisons with the bust in 2001, he says that the scenario that time was more of a dotcom bubble burst owing to speculative reasons and lack of patience. “We lost some customers then but there were some that survived, we hung around with them.”
For Cybage, the discipline of staying rational and not being carried away and working on costs and operational efficiencies throughout its journey has paid off while its peers might have had non-sustainable operations. “In fact, in the year of the bust, we grew faster and doubled.”
The bigger picture, lesson or correction, hence that this situation can lead to is the realization that the US is the centre of economic gravity worldwide and how global economies are linked still to anything that happens there. “It’s time for questions like - how can the US dictate global momentum. May be ten years from now, we would not need to worry about fluctuations that happen in the US, if countries on a global level, come at par with each other.”
For Arun Nathani, there is absolutely nothing to panic about at least in the immediate term. The US is under heat and while recession as always remains a grey line the fears arising out of slowdown in economy or sub-prime miscalculations would naturally have a trickle-down effect.
“But IT if impacted, would only be the second, third or last in the line. IT industry, even with product companies, is essentially a service industry that has the role of driving efficiency for its customers. And ironically, a slowdown is good for the industry as it can be more relevant to cut costs and drive efficiencies for customers.”
A slowdown, is in fact good for IT, but a serious slowdown is not good, he explains. Responding to the muted outlook and results from frontliners like TCS, Infosys, HCL etc that confirm the fears of recession, he prefers to maintain that the sentiment is still upbeat, “Everyone was writing IT's obituary but the current environment shows that though cautious, the sentiment is rather bullish. We are not a large company in comparison, but with over 150 customers, we are getting good vibes. Our customers are in good shape, the conversions and growth is positive and in fact this calendar year looks more positive than last one.”
Cybage expects to clock approximately 20 per cent growth in the year gone by in Rupee terms and has an outlook of churning 30 per cent growth next year too. The margins, as he shares, are better on new accounts and the company has been adding customers at double digit numbers every quarter. He concludes thus that the severity of impact would be not in the immediate future and not in the particular calendar year. “Impact will be seen if the US goes into a deep recession in three to four months.”
Delving on comparisons with the bust in 2001, he says that the scenario that time was more of a dotcom bubble burst owing to speculative reasons and lack of patience. “We lost some customers then but there were some that survived, we hung around with them.”
For Cybage, the discipline of staying rational and not being carried away and working on costs and operational efficiencies throughout its journey has paid off while its peers might have had non-sustainable operations. “In fact, in the year of the bust, we grew faster and doubled.”
The bigger picture, lesson or correction, hence that this situation can lead to is the realization that the US is the centre of economic gravity worldwide and how global economies are linked still to anything that happens there. “It’s time for questions like - how can the US dictate global momentum. May be ten years from now, we would not need to worry about fluctuations that happen in the US, if countries on a global level, come at par with each other.”
April 24, 2008 – The Times of India, Ahmedabad
Company plans to add 175 seats to the existing headcount of 125.
No sooner had it set up a development centre in Gujarat last year; outsourced product development player Cybage is already making plans to expand its presence in the state. The company located in Infocity Gandhinagar has already grown to a 125-people centre and is looking at more than doubling its headcount at Gandhinagar this fiscal.
“We have the capacity to accommodate 350 people at Infocity right now and plan to add 175 more by the end of 2008-09,” Arun Nathani, CEO of Cybage, told TOI. Cybage currently employs 2500 people across Pune, Hyderabad, Gandhinagar as well as Redmond and New York in the US and is in the process of adding a 5,000-seater facility in Pune.
No sooner had it set up a development centre in Gujarat last year; outsourced product development player Cybage is already making plans to expand its presence in the state. The company located in Infocity Gandhinagar has already grown to a 125-people centre and is looking at more than doubling its headcount at Gandhinagar this fiscal.
“We have the capacity to accommodate 350 people at Infocity right now and plan to add 175 more by the end of 2008-09,” Arun Nathani, CEO of Cybage, told TOI. Cybage currently employs 2500 people across Pune, Hyderabad, Gandhinagar as well as Redmond and New York in the US and is in the process of adding a 5,000-seater facility in Pune.
January 10, 2008 – The Times of India
Cybage started in Pune 13 years back with a set of intellectual properties and a handful of professionals with lots of zeal to excel. Today Cybage is approximately 2500 people strong global enterprise offering end-to-end software services to crème-de-la-crème customers globally, growing phenomenally at a CAGR that consistently surpasses the industry standards. Cybage today has 3 world-class state-of-the-art software centers of excellence in Pune with an upcoming center of global standards capable of housing over 4000 professionals.
Amongst other important things, Cybage’s success is largely attributable to its strategic presence in Pune. During inception, I had a few options where Cybage could start from. Pune came up as a natural choice since it had an advantage of being my wife’s hometown as well as home to a highly knowledge intensive industry. Ever since then Cybage has never looked back. The growth story at Cybage was magnificently supported by the location advantages which Pune has offered. Leveraging its strong footprint in Pune, Cybage could also open additional development centers in other parts of India and also abroad to support its implementation of a global delivery model.
Pune offers a judicious mix of advantages for an IT organization to incubate, grow and get matured. As compared to the other erstwhile popular IT destinations in India, Pune offers combined advantages of a large and small city. It houses resources and expertise which can be benchmarked against the best in the world, at the same time remains reasonably economical like a small city. The knowledge churning capability of Pune is truly outstanding. From a software company standpoint, the city’s inherent English-speaking proliferation, and presence of several engineering and management institutes offer a huge strategic advantage, since scalability is very important in our industry. The climatic and infrastructural quality of life which Pune offers is extremely appealing to the knowledge workers.
It becomes interesting to visualize the growth of Pune as an IT capital of India when we look at the state of affairs of the industry from the macro-economic standpoint. The cities which were hitherto popular destinations of IT companies to get stationed actually became popular through a simple ‘follow-the-leader’ philosophy. Go where ever the well-known in the industry go. That was further fuelled by the impetus which the local state governments provided the bandwagon. This was good – good for the nation and good for the overall industry as the brand-building initiatives of our worthy seniors helped place Indian IT landscape firmly on global roadmap. But interestingly, as our industry now enters mature phase – the same success story of our peers has become their impediment in growth. The disproportionate demand of the past few years have ended up surpassing the natural capacity of these cities to support a knowledge intensive industry. Our leading competing hubs are increasingly becoming saturated, cost of running operations are skyrocketing, and the lack of fundamental capabilities is apparent. On the other hand, a manageable and spread-out growth of Pune’s IT industry, hand-in-hand with gradually evolving infrastructural framework has placed our city in a reckonable contention for tomorrow’s IT leader position. I firmly believe Pune holds tremendous scope and capacity for scalable growth due to its inherent and fundamental strength, and Cybage story is just one concrete example to uphold this trend. As far as Cybage is concerned, we plan to stay here thick and thin, as this city is and will continue to remain at the center stage of our global software services business.
Amongst other important things, Cybage’s success is largely attributable to its strategic presence in Pune. During inception, I had a few options where Cybage could start from. Pune came up as a natural choice since it had an advantage of being my wife’s hometown as well as home to a highly knowledge intensive industry. Ever since then Cybage has never looked back. The growth story at Cybage was magnificently supported by the location advantages which Pune has offered. Leveraging its strong footprint in Pune, Cybage could also open additional development centers in other parts of India and also abroad to support its implementation of a global delivery model.
Pune offers a judicious mix of advantages for an IT organization to incubate, grow and get matured. As compared to the other erstwhile popular IT destinations in India, Pune offers combined advantages of a large and small city. It houses resources and expertise which can be benchmarked against the best in the world, at the same time remains reasonably economical like a small city. The knowledge churning capability of Pune is truly outstanding. From a software company standpoint, the city’s inherent English-speaking proliferation, and presence of several engineering and management institutes offer a huge strategic advantage, since scalability is very important in our industry. The climatic and infrastructural quality of life which Pune offers is extremely appealing to the knowledge workers.
It becomes interesting to visualize the growth of Pune as an IT capital of India when we look at the state of affairs of the industry from the macro-economic standpoint. The cities which were hitherto popular destinations of IT companies to get stationed actually became popular through a simple ‘follow-the-leader’ philosophy. Go where ever the well-known in the industry go. That was further fuelled by the impetus which the local state governments provided the bandwagon. This was good – good for the nation and good for the overall industry as the brand-building initiatives of our worthy seniors helped place Indian IT landscape firmly on global roadmap. But interestingly, as our industry now enters mature phase – the same success story of our peers has become their impediment in growth. The disproportionate demand of the past few years have ended up surpassing the natural capacity of these cities to support a knowledge intensive industry. Our leading competing hubs are increasingly becoming saturated, cost of running operations are skyrocketing, and the lack of fundamental capabilities is apparent. On the other hand, a manageable and spread-out growth of Pune’s IT industry, hand-in-hand with gradually evolving infrastructural framework has placed our city in a reckonable contention for tomorrow’s IT leader position. I firmly believe Pune holds tremendous scope and capacity for scalable growth due to its inherent and fundamental strength, and Cybage story is just one concrete example to uphold this trend. As far as Cybage is concerned, we plan to stay here thick and thin, as this city is and will continue to remain at the center stage of our global software services business.