ValueLabs achieves CMMI Level 3 (v1.3)
June 22, 2011, Hyderabad
Global IT services firm ValueLabs is among the first 10 companies in the world to have been successfully appraised at CMMI-DEV Level 3 (or above) version 1.3, which is the latest process improvement framework released by SEI. The assessment was conducted in April 2011 by TUV Rheinland India Private Limited.
This assessment for ValueLabs, which is valid until April 2014, means all processes are benchmarked with industry best practices. CMMI is a process improvement approach that provides organizations with effective processes that ultimately augment their performance.
The version 1.3 is an enhanced release of the earlier CMMI maturity models and reflects major upgradations to software engineering approaches including Agile methodologies, Lean Six Sigma and organization training. The new version has raised the bar higher for companies aiming to benchmarking their processes with SEI recommended guidelines.
“This recognition is a critical milestone in ValueLabs’ vision for enhancing quality and process maturity for our clients,” said Aseervadam Gandham, Senior Vice-President (Client Services) at ValueLabs.
“As a client-centric company, we have fashioned an integrated approach known as ValueLabs Integrated Management System (VIMS), which drives quality, security and compliance processes across our organization while being flexible to align with clients’ way of work. VIMS is an amalgamation of industry best practices and standards, feedback from clients and our own experiences around remote delivery. We are happy that our processes compare favorably with and are aligned to the best practices listed in the latest CMMI requirements,” he added.
“We thank our employees, clients and suppliers for cooperating in this endeavour. This assessment is a testimony to the excellent contribution from various stakeholders,” he continued.
The company believes that this recognition will boost its process consulting services for clients, which involve establishing operational practices and defining applicable standards in quality and security.
Over the last couple of years the company has laid out a strategic roadmap for continuously maintaining and improving the effectiveness of its quality and security standards and process maturity and has successfully reached major milestones. These include
- Upgraded ISO 9001:2000 certification to ISO 9001:2008 (early 2010)
- Achieved HIPAA certification for our Healthcare practice
- Awarded ISO 27001:2005
- Completed SAS 70 Type II audit for our Healthcare practice
- Second facility in Hyderabad certified for HIPAA compliance
“All our initiatives are focused on enabling our clients’ success. It is our guiding principle to provide our clients with a level of quality and service that consistently meets or exceeds expectations,” Aseervadam added.
For further information please contact:
Assistant Vice-President, Marketing
Ph: +91-40-6623 9000 x39665