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| July 1997 |
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Commenced operations through software development and testing for a product company on the US East Coast |
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The company had 3 people |
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We were working out of a small apartment |
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| 1998 to 2000 |
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Increased number of clients to 7. |
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The company grew to 90 people. |
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We initiated and honed the business model of building extended teams for US-based product companies that wanted to leverage global delivery. |
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In line with our desire to make ValueLabs an “extended family”, we initiated many facilities for our people, including free lunch, snacks and dinner. When we started this practice, it was pretty rare in India. |
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We moved to a larger facility (100 people capacity) that was next door to an ISP so that we could get uninterrupted Internet connection! |
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| 2001 to 2003 |
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Increased number of clients to 24 |
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Expanded geographical footprint beyond the US with clients in Malaysia, Hong Kong and India |
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Number of people at ValueLabs reached 250 |
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We moved into a larger facility that was still physically close to an ISP! We had 20,000 square feet of space with a 300-people capacity |
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We were one of the few companies to continue recruitment even after the dot com bubble burst and the US 9/11 |
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We started treating QA / Testing as a separate service area (and not as a stepping stone into Development). It had its own recruiting process, training and career paths |
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We won the Best Indian SME Award for 2003 |
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We started KPO services through Support (customer support for Snapfish and technical support for TIBCO) and Marketing Research |
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| 2004 to 2005 |
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Increased number of clients to 45 |
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We acquired clients in the UK while rapidly growing our client base in India |
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Number of people at ValueLabs reached 800 |
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We took up two more facilities similar to the first one |
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We acquired land in HITEC City Phase 2 and started construction of our 175,000 square feet facility |
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We received ISO 9001:2000 certification in 2004 |
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We won the Best Indian SME Award once again for 2005 |
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We set up wholly owned subsidiaries in USA and Malaysia |
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We got assessed at CMMI Level 4 in December 2005 |
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| 2006 onwards |
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Increased number of clients to 50 |
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Number of people at ValueLabs has reached 1400 |
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We have consolidated all our operations within our state-of-the-art facility in HITEC City. |
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3 ISPs land directly into our building; a far cry from the days when we had to take up facilities next door to ISPs to get good service! |
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In keeping with the “extended family” culture, our facility offers gym with full-time trainers, dorm, a meditation room, and so on. |
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We acquired land in Pune (a Tier II City in India) - as a backup plan for our expansion. We have applied for more land within Hyderabad |
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We won the ‘Top IT SME Exporter’ award from Andhra Pradesh for 2006 |
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We have been awarded the ‘Best Established Indian Company in the IT Sector’ award for the Year 2005-06 |
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We are close to getting assessed at CMMI Level 5; we have initiated BS 27001 certification |
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We have set up another office in the US and have established permanent technical presence in the UK |
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| Our Growth over the years (from 1997 to 2007) |
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