ISG Names Mindtree a Top 15 Sourcing Service Provider

BANGALORE and WARREN, NJ, Nov. 23, 2016 /CNW/ - Mindtree, a leading digital transformation and technology services company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading technology insights, market intelligence and advisory services company.

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Mindtree was among the leading providers in the Breakthrough 15 category for the EMEA and Americas regions based on annual contract value won over the last 12 months, according to the 3Q 2016 Global ISG Index™.

Now in its 56th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the 15 top providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $2 billion and $10 billion) and Breakthrough 15 (revenues of less than $2 billion) categories for each region. Each Top 15 category includes providers that compete in the traditional outsourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers.

"Being recognized in this category for seven consecutive quarters is a reflection of our expertise in digital and managed services. In a world being transformed by digital and cloud, our consistent focus in these areas has established us as a trusted partner for our clients," said Rostow Ravanan, CEO and MD, Mindtree.

Mindtree's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter.

"For nearly 15 years, the ISG Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance," said Paul Reynolds, Chief Research Officer of ISG. "Mindtree continues to establish itself as a leading and growing player in the global market for digital services, based on its volume of business in relation to other industry providers."

About Information Services Group

Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 1,000 employees and operates in 21 countries. For additional information, visit www.isg-one.com.

About Mindtree

Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. 'Born digital,' Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit www.mindtree.com to learn more.

SOURCE Mindtree

INDIA: Debi Senapati, Mindtree, [phone], [email protected]; UNITED STATES: Andrea Dunbeck, Matter Communications, 978-518-4555, [email protected]; EUROPE: Imogen Nation, Hotwire, [phone], [email protected]