| 12.Progressive Infotech :Exploring New Horizons Managed services helped Progressive to post an impressive 32 percent
growth in the last fiscal. Now the company is all set to expand geographically
and will also increase its headcount in the tech support area
For Progressive Infotech a company known for technology integration and
managed services in India, growth came largely due to its overall value
proposition and geographic expansion.
Progressive Infotech registered a Rs 110 crore turnover in 2006-07. Now it
has plans to raise this momentum, and is targeting a growth of 70 percent for
the next fiscal. The fact that the company has registered significant growth is
evident in the light of its quarter-wise revenue break up. Progressive saw 17
percent contribution to overall revenues in the first quarter of last fiscal,
which rose to 32 percent in the fourth quarter.
The company opened new offices in Hyderabad and Chennai recently, and is
working on ways to expand its foothold in the southern region. It is now present
in more than 100 locations across India. The company also registered a
significant growth in the western region with 20 percent of this revenue coming
from Mumbai.
30 percent of Progressive's revenues for the FY '06-07 came from its new
customers such as NDPC, Aviva, Dabur, etc. For the next fiscal, Progressive is
looking to increase its headcount, especially in the tech support area. This is
largely due to the fact that the company is concentrating on existing projects
revolving around system integration, infrastructure management and other
deployment services.
This apart, Progressive is also trying to garner more revenues from the
western region and is expecting that the revenue contribution from North will go
down, while that of West will shoot up.
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Profile
CEO: Prateek Garg
Start-up year: 1998
Employees: 600+
Collaborations: HP, Microsoft, Linux, VmWare, Citrix, Novell, Avaya Global
Address: C-161, Phase - 2 Extension, Noida - 201305
Tel: 0120-4393939
Website: www.progressive.in
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HIGHLIGHTS
- Bagged an e-government project in
association with HP for providing infrastructure solutions and
implementing ERP
- Imbibed three quality standards namely
ISO 9001:2000, ISO 20000-1: 2005 and ISO 27001:2005
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SILVER CLUB RANK (2005-06): 19 |
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