Collabera becomes a $100 million entity

BANGALORE, INDIA: Collabera, a leading global IT Services and Professional Services company, today announced that the company is seeing growth across its business lines and the IT Services business has now become a $100 million business entity. The company also announced that it has recently appointed Raj Mamodia as chief executive officer.

Announcing this milestone, Hiten Patel, chairman and co-founder of Collabera, said, "Many of our strategic clients are betting heavily on emerging technologies to transform their business and engaging us in their strategic programs. Our investments into IT services business and in multiple acquisitions we have made over a decade are well positioned to take advantage of the opportunity with many of our strategic clients looking to deploy new wave of technologies to improve their businesses."

"Raj has recently joined us from Cognizant Technology Solutions where he was part of the global leadership team and is spearheading the company's next wave of growth and transformation into a new age IT Services firm focused on consumer oriented and insight driven industries. He is well known in the IT industry for his strong leadership skills, ability to build deep client relationships and an envious track record of scaling profitable businesses. Raj's rich experience and sharp business acumen will help drive the company's next phase of exponential growth", added Hiten.

Outlining the company's strategy, Raj Mamodia, Chief Executive Officer, Collabera, said, "Collabera is building deeper capabilities and re-tuning the expertise to address new IT Architecture to transform IT and businesses. Our goal is to deliver greater value to our clients through transformational services like using automation to reduce run costs significantly, rapidly cloud enabling legacy applications and applying insights and mobile enabled technology architecture to transform the legacy application landscape."

"In today's dynamic IT landscape, it's imperative for a company like ours to nurture an entrepreneurial and client focused culture to foster accelerated development of deep expertise in new technologies. We are making significant investments in new technology capability building via organic as well as inorganic means", added Raj.