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Xceed IT Solutions Launches "XceedLabs"
October 2005
Xceed IT Solutions, an innovative offshore provider of IT services launched its new division "XceedLabs". XceedLabs will focus on creating dedicated Offshore Labs for US and Europe based Software Product Companies.
According to the CEO, Vineet Narang, "Focus is necessary in this industry. XceedLabs will focus only on one industry, Software Product Development". He says, the company's emphasis is to create specialized work force and processes to service this segment.
US based software product companies need offshore teams to build, enhance, test, maintain and support their product. XceedLabs would provide expert teams as virtual extention to handle these important tasks. The Indian team would work US time zone, follow similar processes, use secure communication channels to create 24/7 round he clock operation. his would result in 30 % cost reduction and 30 % time saving for the US customer.
According to Vineet, the initial response has been very good and Xceed has already signed 3 customers for XceedLabs. 2 of them are in the area of .NET and Microsoft Technologies and 1 for Java / J2EE. The company plans to have 75 dedicated people in XceedLabs by March 2007.
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