BEIJING, April 16, 2014 /PRNewswire/ -- Forrester, a leading global independent technology and market research company, has issued its Forrester Wave™report on Product Development Services (PDS). In Q1 2014, as a testament to its superior product development services that have been widely recognized by the industry, Pactera was the only China-based global information technology services provider ranked among world-class industry leaders. To view Forrester Wave™ graphic titled “Software Product Development Service, Q1'14”, please click here: http://www.pactera.com/news-item/20140417-2/.
Forrester identified eleven software PDS vendors worldwide based on the revenue size of their PDS business and ratio of total earnings. The measurement of each firm's comprehensive performance included 14 criteria across the three dimensions of Current Offering, Strategy and Market Presence. Pactera is listed as one of the top PDS vendors due to its outstanding performance in the areas of customer satisfaction, vertical focus and domain expertise, value-added service, innovation capacity, management vision and execution, as well as core next-generation technology investments.
As a Top-3 independent technical and authoritative market research company, Forrester Research provides leading companies in the business, marketing and technology fields with pragmatic and forward-thinking advice. Over the past 30 years, Forrester has been recognized as a thought leader and trusted consultant. It helps global business users build their market leadership through offering a variety of services including syndicated research on technology as it relates to business, quantitative market research on consumer technology adoption, as well as enterprise IT spending, research-based consulting and advisory services, events, workshops, teleconferences, and executive peer-networking programs. Forrester builds a unique analytical model based on industry surveys, interviews with senior executives and brief descriptions of vendors, with which the company can explore industry trends and predict the future direction of the IT sector. Its reports play a dominant role in the technology community and other sectors.
"It is of great significance to us that Pactera has been selected as a candidate in the Forrester Wave™Product Development Services Report. The authoritative analysis report issued by Forrester highlights the leadership of Pactera in the R&D and business IT service industry, and provides us with an opportunity to compete with the world's leading multinational technology corporations in innovation capacity, management concepts and execution. Besides recognition, it also sets forth higher requirements for us. We will continue enhancing our PDS and IT service capabilities, and provide high quality and value-added services through innovations in terms of technology, management, and strategy to meet customers' needs for worldwide seamless delivery and technical support. Our vision is to truly become the preferred strategic partner of Fortune 500 companies and Chinese middle-and large-sized enterprises in the PDS and business IT service fields," said Mr. Jun Su, Pactera Corporate Executive Vice President.
Pactera transformed from a service outsourcing company to an integrated IT consulting, solutions and services vendor in 2013. With technical innovation driving value and business growth, the company is committed to providing clients with end-to-end services throughout the value chain. It will continue serving in finance, telecommunications, high-tech, E-commerce, travel & transportation, discrete manufacturing and other industries, and capitalize on its global operational capability, strict quality standards and efficient delivery process to support customers' business development strategies and help them attain even greater success.
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Pactera Technology International Ltd., formed by a merger of equals between HiSoft Technology International Limited and VanceInfo Technologies Inc., is a global consulting and technology services provider headquartered in China. Pactera provides world-class business/IT consulting, solutions, and outsourcing services to a wide range of leading multinational firms through a globally integrated network of onsite and offsite delivery locations in China, the United States, Europe, Australia, Japan, Singapore and Malaysia. Pactera's comprehensive services include business and technology advisory, enterprise application services, business intelligence, application development & maintenance, mobility, cloud computing, infrastructure management, software product engineering & globalization, and business process outsourcing.