CIBER, IGS form JV

BANGALORE: CIBER, Inc. and iGATE Global Solutions Ltd (IGS), formerly Mascot Systems Ltd., today announced their agreement to form an India-based joint venture that will offer software services, including applications development, enterprise application support and IT outsourcing services. The joint venture, named CIBER India Pvt. Ltd., of which CIBER will be the majority owner, will provide clients with immediate access to an enhanced, cost-effective and high-quality delivery option.

The joint venture will provide CIBER with an ownership position in an offshore delivery option that it has been offering to its customers. IGS will benefit from increased business through an extended client base and access to a large-scale organization.

" CIBER and IGS have already successfully worked together for over a year. Our confidence in establishing this alliance was further enhanced by IGS’s high quality management team and superior delivery methodologies and processes," said Mac Slingerlend, CIBER’s President and Chief Executive Officer.

Through this joint venture, CIBER adds another formalized delivery option to its portfolio that can help clients in building, integrating and supporting their mission-critical applications, delivering cost-effective solutions with established quality standards using IGS’s proven development methodologies.

"Leading companies are taking a global approach to IT sourcing, outsourcing work to the location that makes the most sense for the task at hand. Forward thinking CIOs are asking 'how can I get the best of both worlds?': the continuity of current external service providers with offshore talent and labor advantages," said Ed Longo, CIBER’s Chief Operating Officer.

"We have already demonstrated we can work well together. CIBER is a great partner and formalizing our relationship, via this joint venture, is a step forward towards leveraging our synergistic strengths for greater success. Together, we make for an extremely competitive and compelling value proposition to potential customers," said Sunil Wadhwani, Chairman of iGATE Global Solutions.