| 29 Sep 2008
Hyderabad-based IT services company ValueLabs has secured a license to operate in Dubai’s premier information technology cluster, Dubai Internet City (DIC). The company now has its registered sales office at Business Central Towers in Dubai and will operate as a Free Zone Limited Liability Company (ValueLabs FZ-LLC)
Promoted by Dubai Technology and Media Free Zone Authority, DIC provides a strategic platform for IT companies targeting emerging markets in a vast region extending from the Middle East to the Indian subcontinent and Africa to the CIS countries covering 2 billion people with a total GDP of USD 6.7 trillion. It houses several global technology giants from a variety of sectors including Software Development, Business Services, Web Based and e-Commerce, Consultancy, Sales and Marketing and Back Office.
Describing the registration with DIC as the first major milestone in ValueLabs’ expansion in the region, Ram Manjeri, Senior Vice President, Sales and Marketing said, “Our sales office will be the primary engine of growth in the Gulf Co-operative Council (GCC) countries and would also serve as the springboard into the Central Asian and African markets.”
“ValueLabs plans to leverage its robust delivery model and build local partnerships to gain leadership among large and middle-tier companies in the region. The region is headed by Mr. Oscar Menezes, Assistant Vice President (Middle East), who brings with him over 15 years of experience in Business Development, Marketing and Consultancy. We plan to commit substantial investments into this region and aim to build a long-term viable business”, he said.
Membership in DIC ensures that ValueLabs is privy to a range of business-enabling services including government transactions. It also provides ValueLabs access to metro ethernet broadband infrastructure and the world’s largest commercial IP Telephony network.
Currently, ValueLabs has considerable global presence with offices in the US (Duluth GA, Sunnyvale CA and Princeton NJ), UK and Australia and multiple delivery centres in India (Hyderabad) and Malaysia (Kuala Lumpur). The company has initiated operations in West Asia in March 2008 and has seen considerable traction in a brief span.
ValueLabs is a global IT services company offering technology consulting, software product development, testing and knowledge process outsourcing services. The company was setup in 1997 with a vision to deliver value to clients worldwide using an effective Global Delivery Model. ValueLabs’ core competency is in building “Extended Teams” in India that are dedicated to the client, based on their specific requirements that consistently deliver quality services and in due course become a seamless extension of the client delivering clear competitive advantage beyond traditional cost-efficiencies. ValueLabs is a multi-shore product development and services company with around 1500 engineers in its team.