HiSoft Technology International, a leading IT Outsourcing service provider, broke into the top 20 as one of the world's most recognized outsourcing providers as given by the International Association of Outsourcing Professionals (IAOP). It sets another milestone as hiSoft now ranks as China's top ITO provider on the IAOP 2008 Global Outsourcing 100 list.
HiSoft has continued to climb up the rankings: starting at number 68th in 2006, 34th in 2007, and 20th position in 2008. The ranking appears in IAOP's prestigious list: The Global Outsourcing 100, which will appear in the special advertising feature produced by IAOP in the May 5th issue of FORTUNE(R) magazine.
IAOP recognizes leading service providers that have demonstrated the highest levels of ability and achievement in the ITO industry. The ‘Global Outsourcing 100' is a global list of companies that provide a full spectrum of outsourcing services and are evaluated based on its own criteria. hiSoft won top honors for its credibility in the industry with recognition from third party associations, certifications, and employee management. IAOP also honored hiSoft on its sub-list of Best 20 Companies by its Industry Focus in financial services, discrete manufacturing, and technology, as well as by its services offered in various domain areas including financial management, product research, development, and manufacturing processes .
"We're truly honored and proud to be ranked in the top 20 this time. hiSoft will continue to deliver value and integrity to our clients worldwide." said Tiakkoon Loh, CEO of hiSoft. "We have made significant investments across our global platform and the result is proven by our recognition among the world’s top outsourcing leaders. As we enhance our commitment to best in class quality and security, we intend to be the number one IT outsourcing player from China."
"The companies on this year's Global Outsourcing 100 list represent the elite of our field, hailing from every corner of the globe and providing an extensive array of cutting-edge services," says Michael F. Corbett, Chairman of IAOP. "The Global Outsourcing 100 list has become the definitive go-to resource that companies use to make better informed outsourcing decisions and comparisons of providers, so it is an extremely valuable resource for both the players named on it and the businesses around the world that use outsourcing services."
By quickly expanding its presence worldwide and developing a comprehensive global delivery platform in the past two years, hiSoft has transformed from merely a Chinese ITO service provider to a premier global ITO player. hiSoft has recently extended its long-term partnership with GE by establishing the largest GE GDC based in China.
HiSoft has also been recently recognized as one of China's Top 10 ITO players with R&D capabilities.
Internally, the focus on its employees is paying off as hiSoft was recently recognized by the Chinese government and industry associations as being one of the best employers based in China.