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Collabera's IT services turnover tops $100 million

Company appoints Cognizant's Mamodia as CEO

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Itika Sharma Punit Bangalore
Last Updated : Oct 04 2013 | 2:27 PM IST
Information Technology (IT) services business of US-based Collabera's turnover has topped the $100-million mark, backed by growth across business lines, a company release today said.
 
“Many of our strategic clients are betting heavily on emerging technologies to transform their business and engaging us in their strategic programs,” Chairman and Co-founder Hiten Patel said. “Our investments into IT services business and in multiple acquisitions we have made over a decade are well positioned to take advantage of the opportunity with many of our strategic clients looking to deploy new wave of technologies to improve their businesses.”
 
Additionally, Collabera has appointed Raj Mamodia as its  chief executive officer, a company release said. Prior to this appointment, Patel, was the company's CEO as well.
 

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Mamodia joins Collabera from Cognizant Technology Solutions, where he was part of the global leadership team. He will spearhead the next wave of growth for Collabera, and the company's transformation into a new age IT services firm focused on consumer oriented and insight driven industries, the release said.
 
“Collabera is building deeper capabilities and re-tuning the expertise to address new IT architecture to transform IT and businesses. We are making significant investments in new technology capability building via organic as well as inorganic means,” Mamodia said.
 

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First Published: Oct 04 2013 | 1:40 PM IST

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