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	<title>Cordiant</title>
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	<link>http://www.cordiant.com</link>
	<description>Offshore Product Development for ISVs and Web Startups</description>
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		<title>Zend PHP Development Services</title>
		<link>http://www.cordiant.com/zend-php-development-services/</link>
		<comments>http://www.cordiant.com/zend-php-development-services/#comments</comments>
		<pubDate>Fri, 12 Aug 2011 15:00:06 +0000</pubDate>
		<dc:creator>themeTester</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[PHP Zend Framework]]></category>
		<category><![CDATA[Zend Application Development]]></category>
		<category><![CDATA[Zend Developer]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1337</guid>
		<description><![CDATA[The Zend infrastructure consisting of the Zend web application framework, its powerful development environment and the web application server enables our teams to build and deploy high-quality enterprise-class PHP applications for our customers.
It has been our experience that PHP projects take much less time to go to market than Java and .NET projects of the [...]]]></description>
			<content:encoded><![CDATA[<div class="specialBox">The Zend infrastructure consisting of the Zend web application framework, its powerful development environment and the web application server enables our teams to build and deploy high-quality enterprise-class PHP applications for our customers.</div>
<p>It has been our experience that PHP projects take much less time to go to market than Java and .NET projects of the same size and complexity. PHP applications have also been found to be significantly faster to run.</p>
<p>With some of the world’s most popular web applications like Facebook and Wikipedia being built on PHP, there is no doubting the fact that PHP is both robust and scalable.</p>
<p>The following are some of the applications we have built in the recent months, using the Zend PHP framework</p>
<h3>Learning Management System</h3>
<p>A multi-tenanted, SCORM-compliant, industry-specific, corporate Learning Management System, which went from startup to go-live in 10 months flat, using Offshore Agile Development Practices.</p>
<p>This product’s  features include administration tools like managing user registration and profiles, defining roles, setting curricula, charting certification paths, assigning trainers and creating standard and customized reports on individual and group performance.</p>
<p>The LMS also has the option to create SCORM-COMPLIANT courses using its native Authoring tool and to upload third-party SCORM-compliant course packages.</p>
<p>Trainers can assign courses or users can self-enroll for the courses based on specific organizational settings.</p>
<p>Once a learner completes a course, the LMS administers tests based on proficiency requirements, report test results and recommend next steps, thus assuring that organizations meet the rigid certification and compliance requirements of this highly regulated industry.</p>
<p>Keywords: Agile, SCRUM, SCORM 1.2, SCORM 2004, Zend PHP, Adobe Flash Builder, Flex, MySQL, Fusion Charts, Selenium.</p>
<h3>Learning Content Management System</h3>
<p>This is a web based application built on a multi-tenanted architecture. It enables Organizations to create their own Courses and publish it to their Learners through the native Learning Management System or extract the courses as SCORM packages for uploading to any suitable Learning Management Systems. Its key components include versatile Content Authoring Tool, Media Manager, QA Manager and Assessment Builder.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Content can be created using predefined templates as well as free-form template</li>
<li>Option to customize the Course player based on the features required for the course</li>
<li>Tightly integrated QA Manager with built-in work flow to handle the Courses from its Creation to Publishing stage involving multiple iterations</li>
<li>Allows multiple Users to create content for the same Course concurrently</li>
<li>Course specific Roles can be assigned to Users</li>
<li>Flexible Categorization and Tagging for media assets</li>
</ul>
<p>Keywords: Agile, SCRUM, SCORM, PHP,  Zend Framework, MySql, Adobe Flash Builder, Flex.</p>
<h3>Working with Zend and Flex</h3>
<p>As you may observe from the above list, most of these applications have been built with a combination of PHP and Flex. Cordiant Developers have demonstrable experience in seamlessly combining Flex and Zend PHP to build and deploy high-quality enterprise class web applications.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Flex Application Development for Web, Mobile and Desktops</title>
		<link>http://www.cordiant.com/flex-application-development-for-web-mobile-and-desktops/</link>
		<comments>http://www.cordiant.com/flex-application-development-for-web-mobile-and-desktops/#comments</comments>
		<pubDate>Fri, 12 Aug 2011 11:44:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[desktop-application-development]]></category>
		<category><![CDATA[flex-application-development]]></category>
		<category><![CDATA[mobile-application-development]]></category>
		<category><![CDATA[web-application]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1328</guid>
		<description><![CDATA[In the recent months, our customers have brought to the market several intuitive web applications built using Adobe Flex.
The development team at Cordiant has built almost all the above applications from the ground up using Adobe Flash Builder and Zend PHP.
Cordiant Flex developers take pride in writing very high quality object-oriented code using ActionScript, MXML [...]]]></description>
			<content:encoded><![CDATA[<div class="specialBox">In the recent months, our customers have brought to the market several intuitive web applications built using Adobe Flex.</div>
<p>The development team at Cordiant has built almost all the above applications from the ground up using Adobe Flash Builder and <a href="http://www.cordiant.com/zend-php-development-services/">Zend PHP</a>.</p>
<p>Cordiant Flex developers take pride in writing very high quality object-oriented code using ActionScript, MXML and CSS languages using a component-based development model.</p>
<div id="_mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">Flex allows us to deliver the kind of intuitive, robust, end-user experiences often found in desktop applications, but now delivered online.</div>
<p>Flex allows us to deliver the kind of intuitive, robust, end-user experiences often found in desktop applications, but now delivered online.</p>
<p>By doing data visualizations and UI interactions on the client side, the Flex applications that we develop spend much less time waiting for server responses. The application back-ends thereby become more scalable and efficient. Overall, we have found that applications that we develop on Flex are more responsive and easier to use than conventionally developed web applications.</p>
<p>The following are some of the applications we have built recently using Adobe Flex:</p>
<h3>INDUSTRY BENCHMARKING BI TOOL</h3>
<p>This industry-specific Business Analytics Tool enables organizations within that industry to compare their key financial performance indicators with those of their peers and with standard industry benchmarks.</p>
<p>With an initial go-to-market of 3 months, the application continues to evolve into a powerful tool for optimizing key operational processes.</p>
<p>Keywords: Agile, XP, PHP, CakePHP Framework, MySql, Flex, Fusion Charts, Selenium.</p>
<h3>LEARNING MANAGEMENT SYSTEM</h3>
<p>A multi-tenanted, SCORM-compliant, industry-specific, corporate Learning Management System, which went from startup to go-live in 10 months flat, using Offshore Agile Development Practices.</p>
<p>This product’s  features include administration tools like managing user registration and profiles, defining roles, setting curricula, charting certification paths, assigning trainers and creating standard and customized reports on individual and group performance.</p>
<p>The LMS also has the option to create SCORM-COMPLIANT courses using its native Authoring tool and to upload third-party SCORM-compliant course packages.</p>
<p>Trainers can assign courses or users can self-enroll for the courses based on specific organizational settings.</p>
<p>Once a learner completes a course, the LMS administers tests based on proficiency requirements, report test results and recommend next steps, thus assuring that organizations meet the rigid certification and compliance requirements of this highly regulated industry.</p>
<p>Keywords: Agile, SCRUM, SCORM 1.2, SCORM 2004, Zend PHP, Adobe Flash Builder, Flex, MySQL, Fusion Charts, Selenium.</p>
<h3>LEARNING CONTENT MANAGEMENT SYSTEM</h3>
<p>This is a web based application built on a multi-tenanted architecture. It enables Organizations to create their own Courses and publish it to their Learners through the native Learning Management System or extract the courses as SCORM packages for uploading to any suitable Learning Management Systems. Its key components include versatile Content Authoring Tool, Media Manager, QA Manager and Assessment Builder.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Content can be created using predefined templates as well as free-form template</li>
<li>Option to customize the Course player based on the features required for the course</li>
<li>Tightly integrated QA Manager with built-in work flow to handle the Courses from its Creation to Publishing stage involving multiple iterations</li>
<li>Allows multiple Users to create content for the same Course concurrently</li>
<li>Course specific Roles can be assigned to Users</li>
<li>Flexible Categorization and Tagging for media assets</li>
</ul>
<p>Keywords: Agile, SCRUM, SCORM, PHP,  Zend Framework, MySql, Adobe Flash Builder, Flex.</p>
<h3>ANALYTICS AND REPORTING TOOL</h3>
<p>This Business Analytics application is intended to provide strategic recommendations to organizations based on some of the specific inputs captured through a set of operational questions. The operational questionnaire is directly related to day-to-day business operations.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Option to customize the questionnaire based on the Organization’s needs</li>
<li>Drill-down approach to Analysis through Tables and Charts</li>
<li>Provides quantitative figures to indicate the opportunity for improvements in the business</li>
<li>Highlights the specific process areas / departments where there is scope for improvements</li>
<li>Multi-level Role based access</li>
</ul>
<p>Keywords: Agile, XP, PHP, CakePHP Framework, MySql, Flex.</p>
<h3>Mobile Applications Development using Flex:</h3>
<p>With the launch of Flash Builder 4.5.1, Cordiant Flex Developers now have the capability to develop high-performance applications that run consistently on iOS, Android and the Blackberry Playbook using one toolset, one programming model and one code-base.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.cordiant.com/flex-application-development-for-web-mobile-and-desktops/feed/</wfw:commentRss>
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		</item>
		<item>
		<title>Selenium Test Automation</title>
		<link>http://www.cordiant.com/selenium-test-automation/</link>
		<comments>http://www.cordiant.com/selenium-test-automation/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 14:30:25 +0000</pubDate>
		<dc:creator>themeTester</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1231</guid>
		<description><![CDATA[Selenium is an excellent  set of tools that supports agile development of test automation for web-based applications across many platforms.
It is an open source and lightweight automation tool that can be easily integrated into various projects, supporting multiple programming languages such as .NET, Perl, Python, Ruby, PHP and the Java™ programming language.
At Cordiant, we [...]]]></description>
			<content:encoded><![CDATA[<p>Selenium is an excellent  set of tools that supports agile development of test automation for web-based applications across many platforms.</p>
<p>It is an open source and lightweight automation tool that can be easily integrated into various projects, supporting multiple programming languages such as .NET, Perl, Python, Ruby, PHP and the Java™ programming language.</p>
<p>At Cordiant, we try to automate as much of our testing as possible. We use Selenium for our functional / acceptance tests and thus far, have been very happy with this approach.</p>
<p>Our Automated Testing methodology is centered around our Testers developing the automated test scripts in parallel with development. Which means that test automation for a particular user story would go through as many cycles as there are development cycles, until the story is accepted. </p>
<p>Selenium offers us the possibility of test-first design of web applications. It provides red-green signals for customer acceptance tests  and is an automated regression test bed for the web tier.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Cordiant Recent Projects</title>
		<link>http://www.cordiant.com/cordiant-recent-projects/</link>
		<comments>http://www.cordiant.com/cordiant-recent-projects/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 13:33:35 +0000</pubDate>
		<dc:creator>themeTester</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Adobe Flash Builder]]></category>
		<category><![CDATA[Agile]]></category>
		<category><![CDATA[CakePHP Framework]]></category>
		<category><![CDATA[Flex]]></category>
		<category><![CDATA[Fusion Charts]]></category>
		<category><![CDATA[MySql]]></category>
		<category><![CDATA[PHP]]></category>
		<category><![CDATA[SCORM]]></category>
		<category><![CDATA[Selenium]]></category>
		<category><![CDATA[Zend Framework]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1218</guid>
		<description><![CDATA[In June 2010, we decided to transform ourselves into a Fixed Price, Agile SCRUM/XP development organization. The results have been fabulous. Since that transformation, we have helped our customers go-to-market with several great product launches, within aggressively compressed time-frames.  We take pride in listing those projects below:
Industry Benchmarking BI Tool
This industry-specific Business Analytics Tool [...]]]></description>
			<content:encoded><![CDATA[<div class="specialBox">In June 2010, we decided to transform ourselves into a Fixed Price, Agile SCRUM/XP development organization. The results have been fabulous. Since that transformation, we have helped our customers go-to-market with several great product launches, within aggressively compressed time-frames.  We take pride in listing those projects below:</div>
<h3>Industry Benchmarking BI Tool</h3>
<p>This industry-specific Business Analytics Tool enables organizations within that industry to compare their key financial performance indicators with those of their peers and with standard industry benchmarks.</p>
<p>With an initial go-to-market of 3 months, the application continues to evolve into a powerful tool for optimizing key operational processes.</p>
<p>Keywords: Agile, XP, PHP, CakePHP Framework, MySql, Flex, Fusion Charts, Selenium.</p>
<h3>Learning Management System</h3>
<p>A multi-tenanted, SCORM-compliant, industry-specific, corporate Learning Management System, which went from startup to go-live in 10 months flat, using Offshore Agile Development Practices.</p>
<p>This product’s  features include administration tools like managing user registration and profiles, defining roles, setting curricula, charting certification paths, assigning trainers and creating standard and customized reports on individual and group performance.</p>
<p>The LMS also has the option to create SCORM-COMPLIANT courses using its native Authoring tool and to upload third-party SCORM-compliant course packages.</p>
<p>Trainers can assign courses or users can self-enroll for the courses based on specific organizational settings.</p>
<p>Once a learner completes a course, the LMS administers tests based on proficiency requirements, report test results and recommend next steps, thus assuring that organizations meet the rigid certification and compliance requirements of this highly regulated industry.</p>
<p>Keywords: Agile, SCRUM, SCORM 1.2, SCORM 2004, Zend PHP, Adobe Flash Builder, Flex, MySQL, Fusion Charts, Selenium.</p>
<h3>Learning Content Management System</h3>
<p>This is a web based application built on a multi-tenanted architecture. It enables Organizations to create their own Courses and publish it to their Learners through the native Learning Management System or extract the courses as SCORM packages for uploading to any suitable Learning Management Systems. Its key components include versatile Content Authoring Tool, Media Manager, QA Manager and Assessment Builder.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Content can be created using predefined templates as well as free-form template</li>
<li>Option to customize the Course player based on the features required for the course</li>
<li>Tightly integrated QA Manager with built-in work flow to handle the Courses from its Creation to Publishing stage involving multiple iterations</li>
<li>Allows multiple Users to create content for the same Course concurrently</li>
<li>Course specific Roles can be assigned to Users</li>
<li>Flexible Categorization and Tagging for media assets</li>
</ul>
<p>Keywords: Agile, SCRUM, SCORM, PHP,  Zend Framework, MySql, Adobe Flash Builder, Flex.</p>
<h3>Analytics and Reporting Tool</h3>
<p>This Business Analytics application is intended to provide strategic recommendations to organizations based on some of the specific inputs captured through a set of operational questions. The operational questionnaire is directly related to day-to-day business operations.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Option to customize the questionnaire based on the Organization’s needs</li>
<li>Drill-down approach to Analysis through Tables and Charts</li>
<li>Provides quantitative figures to indicate the opportunity for improvements in the business</li>
<li>Highlights the specific process areas / departments where there is scope for improvements</li>
<li>Multi-level Role based access</li>
</ul>
<p>Keywords: Agile, XP, PHP, CakePHP Framework, MySql, Flex.</p>
<h3>Research Portal</h3>
<p>The Research Portal provides a well structured repository of industry-specific content. The content can be categorized under different Topics and various levels of sub-categories.</p>
<p>Some of the salient features are:</p>
<ul>
<li>Users can keep track of their Favorite content through a Favorites Manager</li>
<li>Content can be viewed based on Topics, Sub-categories or specific time period</li>
<li>Simple and Flexible interface to manage the Content</li>
</ul>
<p>Keywords: Agile, XP, Drupal, PHP, MySql.</p>
<h3>Project Building and Tracking Application</h3>
<p>This application enables corporate managers to track strategic initiatives within their organizations.</p>
<p>Predefined, customizable templates are available to the users to build and track their specific Projects.</p>
<p>Some of the key features are:</p>
<ul>
<li>Categorize Projects into different categories based on the level within the Organization</li>
<li>Map individual projects to their respective Process areas within the organization</li>
<li>Role-based Access Control</li>
</ul>
<p>Keywords: Agile, XP, Drupal, PHP, MySql.</p>
<h3>Vendor Information Management</h3>
<p>This enables Organizations to get information about Vendors related to their business needs. Vendors are grouped in multiple ways for easy access.</p>
<p>Some of the key highlights are:</p>
<ul>
<li>Users can choose to get continuous updates about activities of specific Vendors</li>
<li>Users can rate Vendors based on their experiences with them</li>
<li>Contents can be defined based on the level of the Vendors</li>
</ul>
<p>Keywords: Agile, XP, Drupal, PHP, MySql.</p>
]]></content:encoded>
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		<item>
		<title>Offshore Center of Excellence in e-Learning</title>
		<link>http://www.cordiant.com/offshore-center-of-excellence-in-elearning/</link>
		<comments>http://www.cordiant.com/offshore-center-of-excellence-in-elearning/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 10:47:41 +0000</pubDate>
		<dc:creator>themeTester</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1193</guid>
		<description><![CDATA[In early May 2011, we successfully rolled out an industry-specific, multi-tenanted, cloud-based, SCORM-compliant Learning Management System and Course Authoring Tool for a customer.
We had commenced work on this project in Jul 2010, exactly 10 months before. In addition to the timely roll out of the application within a fixed price engagement model, the other major [...]]]></description>
			<content:encoded><![CDATA[<div class="specialBox">In early May 2011, we successfully rolled out an industry-specific, multi-tenanted, cloud-based, SCORM-compliant Learning Management System and Course Authoring Tool for a customer.</div>
<p>We had commenced work on this project in Jul 2010, exactly 10 months before. In addition to the timely roll out of the application within a fixed price engagement model, the other major highlight of this engagement has been the numerous business and technological innovations that the Cordiant offshore product development team delivered into the final product.</p>
<h3>Introducing Product Development Services 2.0 ( PDS 2.0) for <span style="text-transform:lowercase; ">e</span>-Learning</h3>
<p>Through sheer focus on building up a critical mass of capabilities in the e-Learning industry,  Cordiant has the ability to address the full life cycle of e-Learning products and solutions by covering the entire spectrum of end-to-end activities from concept to product launch through to product maintenance and support.</p>
<p>As rapid technological changes take place, there is a premium on speed and agility.  Cordiant has a value proposition centered on improving time-to-market and innovation. Our pre-developed Solution Accelerators for e-Learning  can substantially improve time-to-market for our customers.  By providing these tested and proven service offerings to our customers,  we are also able to deliver to them a much higher level of innovation.</p>
<p>Product sustenance work, iterative design modifications and product extensions can also be fully owned and executed by Cordiant.</p>
<h3>OFFSHORE CENTER OF EXCELLENCE IN <span style="text-transform:lowercase; ">e</span>-Learning</h3>
<p>CTOs and Chief Learning Officers can leverage our Offshore Center of Excellence in e-Learning to gain insights into the market dynamics of  emerging countries like India. With the growth in these markets, products and solutions may need to be redesigned or re-jigged to meet specific local requirements before they are rolled out.</p>
<h3>CO-INVESTING IN NEW IDEAS AND PRODUCTS</h3>
<p>Cordiant can also co-invest with our customers in new ideas and products for the e-Learning industry</p>
<h3>Instructional Design and Course Production</h3>
<p>As an extension of our services in the e-Learning industry, we also provide Instructional Design and  SCORM-compliant Course Production Services for our customers.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.cordiant.com/offshore-center-of-excellence-in-elearning/feed/</wfw:commentRss>
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		<item>
		<title>CORDIANT IT RESEARCH PARK &#8211; RESEARCH AND DEVELOPMENT, INNOVATION MANAGEMENT</title>
		<link>http://www.cordiant.com/cordiant-it-research-park/</link>
		<comments>http://www.cordiant.com/cordiant-it-research-park/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 03:22:39 +0000</pubDate>
		<dc:creator>themeTester</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Cordiant IT Research Park]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[IT Park]]></category>
		<category><![CDATA[Research Park]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1159</guid>
		<description><![CDATA[Cordiant Technologies is proposing to set up an Information Technology Research Park in Thiruvaniyur, 15 km east of Kochi.
The company has already acquired 7.5 acres of land for this purpose.
Integral to the Cordiant IT Research Park would be Cordiant Innovation Center (Incubation Space) for young entrepreneurs and also Turn-key lab space for industry peers.
Cordiant IT [...]]]></description>
			<content:encoded><![CDATA[<div class="specialBox">Cordiant Technologies is proposing to set up an Information Technology Research Park in Thiruvaniyur, 15 km east of Kochi.</div>
<p>The company has already acquired 7.5 acres of land for this purpose.</p>
<p>Integral to the Cordiant IT Research Park would be Cordiant Innovation Center (Incubation Space) for young entrepreneurs and also Turn-key lab space for industry peers.</p>
<p>Cordiant IT Research Park would also work closely with select educational institutions in the region to improve the overall industry-relevance of their study programmes.</p>
<p>The development of the Park would take place in phases, first of which is expected to be completed in 2012. Work on the project is expected to start after all the regulatory approvals have been obtained.</p>
<p>An integral part of the Cordiant IT Research Park would be industry-specific Finishing Schools set up in partnership with other companies and industry associations.</p>
<p>“In spite of an early start, the state of Kerala has lagged behind its southern neighbours in Information Technology investments. However, there are several factors which make the state a far better investment location for IT than at any other time in its history. We are committed to making a humble contribution towards making it all happen here”, said Dennis Paul, Founder, President and CEO of Cordiant Technologies.</p>
<p>“Our current thinking is to promote this Park as a non-profit. It is most likely that we will go that route”, he added.</p>
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		<item>
		<title>Recent Customer Successes</title>
		<link>http://www.cordiant.com/recent-customer-successes/</link>
		<comments>http://www.cordiant.com/recent-customer-successes/#comments</comments>
		<pubDate>Tue, 06 Apr 2010 08:17:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mobile-Home-Success]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=1016</guid>
		<description><![CDATA[We have the distinction of having built two software products for our customers which found their place in the Gartner Magic Quadrant, 2009.
Rubikon, built for Neptune Software plc, UK, has a unique Financial Service Oriented Architecture (FSOA) that facilitates rapid incremental deployment either as a complete universal banking solution or as a series of special-purpose [...]]]></description>
			<content:encoded><![CDATA[<p>We have the distinction of having built two software products for our customers which found their place in the Gartner Magic Quadrant, 2009.</p>
<p>Rubikon, built for Neptune Software plc, UK, has a unique Financial Service Oriented Architecture (FSOA) that facilitates rapid incremental deployment either as a complete universal banking solution or as a series of special-purpose applications that can collaborate with existing infrastructure. <a href="http://www.cordiant.com/rubikon-ubs-goes-live-in-4-banks-and-counting/">Read More&#8230;<br />
</a></p>
<p>Paisley Enterprise GRC of Thomson Reuters is a comprehensive audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance software solution purpose-built to address integrated governance, risk and compliance requirements. <a href="http://www.cordiant.com/offshore-development-services-for-an-isv-in-the-gartner-leaders-quadrant-of-enterprise-grc-platforms/">Read More&#8230;</a></p>
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		<title>Captives create value for parents: Everest</title>
		<link>http://www.cordiant.com/captives-create-value-for-parents-everest/</link>
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		<pubDate>Mon, 29 Mar 2010 07:17:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>
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		<category><![CDATA[Offshore]]></category>
		<category><![CDATA[outsourcing]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=981</guid>
		<description><![CDATA[Divestures  not a trend; firms are no longer in distress. 
Changing face
While 97 new captive announcements were made in  the last 12 months, only 10 captives were actually divested
Captives  can triple their value on EBITDA basis by managing complete service  lines and the demand for parent
They are much more effective in [...]]]></description>
			<content:encoded><![CDATA[<p><em>Divestures  not a trend; firms are no longer in distress. </em></p>
<hr noshade="noshade" /><em>Changing face</em></p>
<p><em>While 97 new captive announcements were made in  the last 12 months, only 10 captives were actually divested</em></p>
<p><em>Captives  can triple their value on EBITDA basis by managing complete service  lines and the demand for parent</em></p>
<p><em>They are much more effective in  getting lower pricing in terms of contracting with third party providers</em></p>
<p><em> </em></p>
<hr noshade="noshade" />Moumita Bakshi Chatterjee</p>
<p>New Delhi, March 26</p>
<p>Offshore captive IT/BPO units that transition into mature roles such  as governance of third party suppliers, and undertaking risk and demand  management functions can become up to three times more valuable to their  parent entity, according to Mr Peter Bendor-Samuel, CEO of outsourcing  advisory firm Everest Group.</p>
<p>Debunking the industry perception that the 2009 trend of captive  divestures would continue, Everest has pointed out that against 97 new  captive announcements in the last 12 months, only 10 captives were  actually divested.</p>
<p>“Historically captives have been seen as a platform to reduce costs.  But in this maturing environment, we can see that captives can  potentially can triple their value on EBITDA basis by managing complete  service lines and the demand (for parent), and by providing a vehicle to  do vendor management of the third parties,” Mr Samuel told Business  Line recently.</p>
<p>The first quarter of 2009 witnessed 20 new captive announcements and  one divesture and the following quarter 27 new captives and one  divesture. In the third quarter, against four captive divestures 28 new  captives were established – an 18 month high.</p>
<p>Despite the few divestures announced in fourth quarter of 2009,  Everest expects continued momentum in the market going forward.</p>
<p>Notable divestures</p>
<p>Some of the notable divesture announced recently include Cognizant  Technology Solutions&#8217; acquisition of UBS India Service Centre Pvt Ltd,  the Hyderabad-based captive service provider to the Swiss UBS Group;  EXL&#8217;s acquisition of the back-office centre of American Express Business  Travel; and Integreon&#8217;s acquisition of Grail Research, the captive unit  of the US-based management consulting firm, Monitor group. “For a while  there, captives were being valued very highly and it made commercial  sense if a company was in need of capital…Firms were in severe distress.  The situation has changed now. The valuations have dropped  precipitously and firms are no longer under significant distress,” the  Everest CEO said.</p>
<p>Relook at strategy</p>
<p>This, in turn, has prompted companies to re-examine their strategy  and look at the value creation.</p>
<p>Explaining the changing face of captives, he said that these units  started off as a platform for labour arbitrage, but are now moving onto  more complex functions right from offering expertise to build reciprocal  operations in other geographies, to managing third party suppliers.  Captives can advise parent organisations on how to optimise the sourcing  programs and mitigate risk, in the process becoming a strategic partner  to the parent.</p>
<p>Being an offshore unit themselves, captives are suitably placed to  manage the dynamics of offshore sourcing, believes Everest.</p>
<p>“They are much more effective in getting lower pricing in terms of  contracting with third party providers. They can become a hub in the  ecosystem – so now not only are they doing work themselves but they are  also managing third party ecosystems,” Mr Samuel said adding that hybrid  models would gain traction as companies outsource part of the work to  third parties and retain certain capabilities in-house at comparable  price points.</p>
<p>Source: <strong><a href="http://www.thehindubusinessline.com/2010/03/27/stories/2010032750280400.htm" target="_blank">thehindubusinessline.com</a></strong></p>
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		<title>Headline</title>
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		<pubDate>Fri, 26 Mar 2010 09:46:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Headline]]></category>

		<guid isPermaLink="false">http://www.cordiant.com/?p=962</guid>
		<description><![CDATA[Cordiant Technologies provides Outsourced Product Development and Internet Application Development to Independent Software Vendors (ISVs), internet businesses and internet-enabled businesses, primarily through the Cordiant Build-Operate-Transfer engagement model.
The Cordiant Build-Operate-Transfer model provides our customers with an offshoring alternative that substantially enhances their enterprise value as compared to typical third-party offshoring/ outsourcing 



Higher Enterprise Value than third-party [...]]]></description>
			<content:encoded><![CDATA[<div style="font-weight:bold; margin-bottom:15px;">Cordiant Technologies provides Outsourced Product Development and Internet Application Development to Independent Software Vendors (ISVs), internet businesses and internet-enabled businesses, primarily through the Cordiant Build-Operate-Transfer engagement model.</div>
<div>The <a href="http://www.cordiant.com/build-operate-transfer/">Cordiant Build-Operate-Transfer</a> model provides our customers with an offshoring alternative that substantially enhances their enterprise value as compared to typical third-party offshoring/ outsourcing <span class="inlinePopupSpan"><img id="arrow2" src="http://www.cordiant.com/images/popup_icon.gif" alt="" /></p>
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<h3 style="margin:0;">Higher Enterprise Value than third-party Outsourcing</h3>
<p>The knowledge and the skills remain with the Customer in the case of BOT. Having the BOT option has a significant positive impact on the Customer Enterprise Value than in the case of third-party outsourcing/ offshoring where the provider walks away with the knowledge acquired and the lessons learnt.</p></div>
</div>
</div>
<p></span> .</div>
<div style="margin-top:15px;">At Cordiant, we build cherry-picked India A-Teams for our international customers. Since the teams are purpose-built from the ground up through a rigorous talent-acquisition process, we have been able to achieve a far higher level of success for our customers <span class="inlinePopupSpan"><img id="arrow2" src="http://www.cordiant.com/images/popup_icon.gif" alt="" /></p>
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<div id="contentDiv" style="width: 340px; height: 176px; text-align: left;"><img id="arrow" src="http://www.cordiant.com/images/arrow_1.gif" alt="" /></p>
<h3>Cherry-picked A-Team purpose-built from the ground up</h3>
<p>We go to market and build the Team in line with the exacting requirements of the customer from the open labor pool available in India. This way, our customer gets an A-Team instead of picking the currently idle people from our bench or by transferring people from other customer engagements. Almost all teams are built from Ground up, and this, we believe, has helped us deliver smarter.</p></div>
</div>
</div>
<p></span>.</div>
<div style="height:10px;">&nbsp;</div>
<p>Cordiant has its India offshore centers in International Tech Park, Chennai and in Indira Nagar, Cochin. It has its US Office in Chicago.</p>
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		<title>Recent Customer Successes</title>
		<link>http://www.cordiant.com/who-are-we/</link>
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		<pubDate>Sat, 13 Mar 2010 05:22:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[We have the distinction of having built two software products for our customers which found their place in the Gartner Magic Quadrant, 2009.
]]></description>
			<content:encoded><![CDATA[<p>We have the distinction of having built two software products for our customers which found their place in the Gartner Magic Quadrant, 2009.</p>
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