HTC Global Services explained

HTC Global Services
Type:Private
Foundation:United States
Hq Location:3270 West Big Beaver Road
Hq Location City:Troy, Michigan
Hq Location Country:U.S.
Key People:Madhava Reddy (President and CEO)[1]
Num Employees:11,000[2]

HTC Global Services, established in 1990 and headquartered in Troy, Michigan is a provider of information technology and business process services.[3]

History

HTC Global Services Inc., was founded in 1990 by Indian entrepreneur, Madhava Reddy,[4] as a Michigan, USA based privately owned information technology and business process outsourcing services company and currently has centers in Chennai, Hyderabad and Bengaluru in India.[5] [6] [7] Madhava Reddy[4] is the President and CEO of the company. Currently the company has 11,000 employees globally including from Ciber and CareTech, which it has acquired in 2017 and 2014 respectively.

In 2018, the company had invested ₹100 crore in a 4,500-seat development center located in Vandalur, to the south of Chennai which will support the company's IT operations and business process outsourcing growth.[8] In India it has centers in Chennai and Hyderabad with other places of operations being Michigan (US), Singapore, Australia, Middle-East and Malaysia.[9]

Acquisitions

In 2014, the company acquired CareTech Solutions, a US based Healthcare IT services provider.[10] [11] CareTech now operates as a wholly owned subsidiary of HTC and provides IT services primarily to the Healthcare providers in USA.[12] In May 2017, HTC Global Services acquired Ciber[13] which is a global information technology consulting, services and outsourcing company for 93 million US dollars, headquartered in Greenwood Village, Colorado, US.[14] [15] [16] [17]

In 2021, HTC Global Services unified its subsidiaries CareTech and Ciber under one company name, HTC Global Services.[18]

Services

The company deals in application services,[19] [20] application maintenance and support services, mobile applications, Artificial Intelligence,[21] digital transformation, data management and analytics, and ERP,[22] EGrAMS,[23] HTC CMS.[24] HTC also deals in content digitization,[25] eBook conversion, and back office services.

In 2022, HTC partnered with Guidewire as a Consulting Select partner for the Americas to help insurers adapt to a rapidly changing industry.[26]

In 2021, HTC partnered with Informatica as its value-added distributor for the India market to accelerate digital transformation through cloud adoption.[27]

In September 2018, company had inked a pact with Automation Anywhere, a developer of robotic process automation software based in California, to further boost HTC's RPA (robotic process automation) services, by building BOT-based industry-specific solutions with cognitive abilities.[28] [29]

It had developed software service offers and product developments for sectors in the field of analytics, mobility, infrastructure services and emerging technologies and its global clients include JP Morgan, Canon, Reserve Bank of India, Bank of America, MRF and Electronics Corporation of Tamil Nadu.

Products

The company offers grant management software that automates the grant management process. HTC has installed Enterprise Grants Management System (EGrAMS)[30] for various states and state agencies in USA.

HTC is a Tier 2 investment partner of Kuali Foundation to develop and deliver next-generation library management system for various universities.[31]

See also

Notes and References

  1. Web site: HTC Global: IT firm HTC Global buys US-based Ciber for USD 93 million - Times of India. .
  2. Web site: Newsroom.
  3. Web site: Services . HTC Global . HTC Global Services reveals new brand identity uniting CareTech and Ciber under one brand . 2022-04-22 . www.prnewswire.com . en.
  4. News: Reporter . B. S. . 2017-06-23 . HTC Global acquires US firm Ciber Inc for $93 million . Business Standard India . 2022-04-22.
  5. News: HTC Global Services to hire 3,000 people in India . 13 May 2021 . The Economic Times . 8 January 2019.
  6. Web site: HTC Global Services, Inc.: Private Company Information – Businessweek. Businessweek.com. 2016-03-14.
  7. News: HTC Global services to recruit 3,000 people - The Economic Times. The Economic Times.
  8. News: HTC invests ₹100 crore in development centre . 14 May 2021 . businessline . 12 March 2018 . en.
  9. News: HTC Global Services Aims To Clock USD 1 Billion Revenue By 2020 . 14 May 2021 . www.andhrawishesh.com . 23 June 2017 . en.
  10. Web site: HTC Global Service acquired CareTech Solutions . Yahoo.com . 2014-12-19.
  11. News: HTC Global Service acquired CareTech Solutions . The Hindu . 19 December 2014 . 2014-12-19.
  12. News: HTC Global Services Acquires CareTech Solutions . 14 May 2021 . www.businesswire.com . 18 December 2014 . en.
  13. News: Novinson . Michael . End Of An Era: HTC Global Closes $90.7M Purchase of Solution Provider Ciber . 14 May 2021 . CRN . 9 June 2017.
  14. Web site: HTC Global to Buy IT Consultant Ciber . 19 May 2017. Nearshore Americas.
  15. Web site: HTC Global to Buy IT Consultant Ciber for $93 Million . 19 May 2017. the wall street journal.
  16. Web site: HTC Global to Buy IT Consultant Ciber for $93 Million. 19 May 2017. fox business.
  17. Web site: HTC Global: IT firm HTC Global buys US-based Ciber for USD 93 million - Times of India. .
  18. Services . HTC Global . HTC Global Services reveals new brand identity uniting CareTech and Ciber under one brand . 2022-04-13 . www.prnewswire.com . en.
  19. Web site: HTC Global to work with RBI . indiatimes.com . 2014-03-10.
  20. News: HTC Global to work with RBI . The Hindu . 11 March 2014 . 2014-03-11.
  21. Web site: HTC Global Launch Artificial Intelligence, machine-learning products . 11 December 2017 . 2017-12-11.
  22. News: ELCOT becomes first Enterprise Resource Planning-driven office. The Hindu . 11 March 2010. 2010-03-11. Anand. N..
  23. Services . HTC Global . HTC Global Services recognized in the 2019 Gartner Market Guide for U.S. State and Local Grant Management Solutions . 2022-04-28 . www.prnewswire.com . en.
  24. Solutions . CareTech . CareTech Wins Gold at 2019 Digital Health Awards . 2022-04-28 . www.prnewswire.com . en.
  25. Web site: These massive scanners in Chennai are digitising everything from the lyrics of Beatles' Yesterday to Earth's rarest paper document . 2022-04-28 . Edex Live . en.
  26. Services . HTC Global . HTC Global Services Joins Guidewire PartnerConnect to Help Insurers in the New Era of Change and Transformation . 2022-04-28 . www.prnewswire.com . en.
  27. Services . HTC Global . HTC Global Services Enters Strategic Partnership with Informatica to Accelerate Enterprise Cloud Data Adoption in India . 2022-04-28 . www.prnewswire.com . en.
  28. News: F.R . Martin . HTC Global Services To Recruit 3,000 Techies In India . 14 May 2021 . Analytics India Magazine . 9 January 2019.
  29. News: HTC Global Services plans to recruit up to 3,000 people in India; sets revenue target at $1 bn by 2020 . 14 May 2021 . Firstpost . 8 January 2019.
  30. Web site: EGRAMS Trademark Information. trademarkia.com . 2005-08-31.
  31. Kuali OLE . Ariadne . 2015 . 74 . Barron . Simon .

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