Quintegra Solutions Ltd has announced the following Press Release on “Organization Restructuring” :

“Murali Subrahmayam joins as Chief Operating Officer; Quintegra Solutions reorganizes along profit-centric practices to cater to rapid growth in chosen verticals and create scalable leadership.

Quintegra Solutions Ltd, on April 18, 2008 announced its first company-wide restructure since its inception. Mr. Shankarraman Vaidyanathan, Chairman and Managing Director of Quintegra Solutions managed Quintegra’s growth from USD 10 Million to USD 100 Million in the last 3 years. Through this growth Mr. Shankarraman was able to provide width across different verticals and offerings along with depth and scale.

Mr. Shankarraman was also able to attract top leadership and management talent into the Company to continue the rate of growth that he was able to achieve. For this team Mr. Shankarraman was willing to share ownership of Quintegra Solutions. Through this leadership garnering, Mr. Shankarraman has made Quintegra Solutions nimble and its ability to take decisions are being decentralized through autonomous but guided, controlled and accountable decision making organization. Along with Mr. Murali Subrahmayam, Shankar was able to bring in 5 more leaders and each one of them having 15 + years of IT industry and leadership experience. “We have achieved the size and grew from 75 Crore revenue company to 400 Crore revenue this year. To grow to a Billion Dollar company in next 5 years, we brought in leadership team and restructured the organization” Mr. Vaidyanathan said.

As a part of the restructuring exercise, Quintegra Solutions has organized itself into verticals with each head of offering having autonomous decision making abilities with clear objectives profit and revenue targets. Each of the vertical head receives enterprise support functions again at a cost model.

In addition to the restructuring, Shankar and Murali have been busy creating differentiators for the company. Some of these are transformational in nature. As an example of enterprise level differentiator, Quintegra Solutions have created a platform and product to innovate, create, implement, measure, value and get the value ratified. Through this framework and tool, Quintegra is confident that even in the down market, they would be able to carry on their growth.

Unlike other Companies, Quintegra solutions have invested in creating products in its chosen verticals. This underlines its business knowledge of those verticals and allows it to provide value added services in those business domains. Further, in each line of business Quintegra is in, they have very clear go to market strategy and differentiators.

Quintegra believes that operations cannot be separated from technology and therefore it provides a wholistic service to its clients using its Operations-as-a-Service (Oaas) methodology which combines shared KPO services with its products run in a Software-as-a-Service (SaaS) model. This OaaS-SaaS methodology is unique in the industry as it provides operational benefits to its clients by focusing on operations and technology simultaneously.

Prior to joining Quintegra as the Chief Operating Officer, Murali Subhrhmanyam (PhD) was Head of Merrill Lynch (India) Technology Services in India. He comes with a proven track record of successfully off shoring technology service and creating and running a profitably running captive from scratch. Shankar was able to bring in Mr. Chandra Kant (ITT, IIMGrad) as the of Head of Marketing and Strategy while Mr. K Srinivasan will look after Outside of US Sales. Mr. Arun Arumugam will look after the BFSI vertical and Mr. Sunder Athreya will be in charge of all named accounts.

Mr. Vaidyanathan Said “Organically we will grow by 50% YoY and we have additional Inorganic Growth Strategy for Europe”. Post the PAC Acquisition, the Offshore services plans for the company has become very aggressive. After Murali joined Quintegra there were 5 new clients added in the space. “Necessary investments for supporting this explosive growth are being made by the firm” said Murali.”