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HTC Global Services

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HTC Global Services
Company typePrivate
Industry
FoundedUnited States (1990 (1990))[1]
Headquarters3270 West Big Beaver Road,
Troy, Michigan
,
U.S.
Key people
Madhava Reddy (president and CEO)[2]
Number of employees
11,000[3]

HTC Global Services Inc., established in 1990 and headquartered in Troy, Michigan, United States, is a provider of information technology and business process services.[4]

History

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HTC Global Services Inc. was founded in 1990 by Indian entrepreneur Madhava Reddy,[citation needed] as a Michigan-based, privately owned information technology and business process outsourcing services company. Reddy[5] is the president and CEO of the company. Currently[when?] the company has 11,000 employees globally including from Ciber and CareTech, which it has acquired in 2017 and 2014 respectively.[6]

In 2018, the company invested ₹100 crore in a 4,500-seat development center located in Vandalur, to the south of Chennai, which will support the company's IT operations and business process outsourcing growth.[7] In India it has centers in Chennai, Hyderabad, and Bengaluru in India,[6][1][8] with other places of operations in Michigan (US), Singapore, Australia, the Middle East and Malaysia.[9][7][10][11]

Acquisitions

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In 2014, the company acquired CareTech Solutions, a US-based healthcare IT services provider.[12][13] CareTech now operates as a wholly owned subsidiary of HTC and provides IT services primarily to the healthcare providers in the US.[14]

In May 2017, HTC Global Services acquired Ciber,[15] a global information technology consulting, services and outsourcing company for $93 million US, headquartered in Greenwood Village, Colorado.[16][17][18][2]

In 2021, HTC Global Services unified its subsidiaries CareTech and Ciber under one company name, HTC Global Services.[5]

Services

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The company deals in application services,[19][20] application maintenance and support services, mobile applications, artificial intelligence,[21] digital transformation, data management and analytics, ERP,[22] EGrAMS, and HTC CMS.[clarification needed] HTC also deals in content digitization,[23] eBook conversion, and back office services.

In 2022, HTC partnered with Guidewire as a Consulting Select partner for the Americas to help insurers adapt to a rapidly changing industry.[24][citation needed]

In 2021, HTC partnered with Informatica as its value-added distributor for the India market to accelerate digital transformation through cloud adoption.[citation needed]

In September 2018, the company inked a pact with Automation Anywhere, a developer of robotic process automation software based in California, to further boost HTC's RPA (robotic process automation) services, by building BOT-based industry-specific solutions with cognitive abilities.[11][10]

It developed software service offers and product developments for sectors in the field of analytics, mobility, infrastructure services and emerging technologies. Its global clients include JP Morgan, Canon, Reserve Bank of India, Bank of America, MRF and Electronics Corporation of Tamil Nadu.[7]

Products

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The company offers grant management software that automates the grant management process. HTC has installed Enterprise Grants Management System (EGrAMS)[25] for various states and state agencies in the US.

HTC is a Tier 2 investment partner of Kuali Foundation to develop and deliver a next-generation library management system for various universities.[26]

See also

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References

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  1. ^ a b "HTC Global Services, Inc.: Private Company Information – Businessweek". Businessweek.com. Retrieved 2016-03-14.
  2. ^ a b "HTC Global: IT firm HTC Global buys US-based Ciber for USD 93 million - Times of India". The Times of India.
  3. ^ "Newsroom".
  4. ^ "HTC Global to expand reach with CareTech". Healthcare IT News. 2014-12-19. Retrieved 2024-11-01.
  5. ^ a b Reporter, B. S. (2017-06-23). "HTC Global acquires US firm Ciber Inc for $93 million". Business Standard India. Retrieved 2022-04-22.
  6. ^ a b "HTC Global Services to hire 3,000 people in India". The Economic Times. 8 January 2019. Retrieved 13 May 2021.
  7. ^ a b c "HTC invests ₹100 crore in development centre". The Hindu Business Line. 12 March 2018. Retrieved 14 May 2021.
  8. ^ "HTC Global services to recruit 3,000 people - The Economic Times". The Economic Times.
  9. ^ "HTC Global Services Aims To Clock USD 1 Billion Revenue By 2020". www.andhrawishesh.com. 23 June 2017. Retrieved 14 May 2021.
  10. ^ a b "HTC Global Services plans to recruit up to 3,000 people in India; sets revenue target at $1 bn by 2020". Firstpost. 8 January 2019. Retrieved 14 May 2021.
  11. ^ a b F.R, Martin (9 January 2019). "HTC Global Services To Recruit 3,000 Techies In India". Analytics India Magazine. Retrieved 14 May 2021.
  12. ^ "HTC Global Service acquired CareTech Solutions". Yahoo.com. Retrieved 2014-12-19.
  13. ^ "HTC Global Service acquired CareTech Solutions". The Hindu. 19 December 2014. Retrieved 2014-12-19.
  14. ^ "HTC Global Services Acquires CareTech Solutions". www.businesswire.com. 18 December 2014. Retrieved 14 May 2021.
  15. ^ Novinson, Michael (9 June 2017). "End Of An Era: HTC Global Closes $90.7M Purchase of Solution Provider Ciber". CRN. Retrieved 14 May 2021.
  16. ^ "HTC Global to Buy IT Consultant Ciber". Nearshore Americas. 19 May 2017.
  17. ^ "HTC Global to Buy IT Consultant Ciber for $93 Million". The Wall Street Journal. 19 May 2017.
  18. ^ "HTC Global to Buy IT Consultant Ciber for $93 Million". Fox Business. 19 May 2017.
  19. ^ "HTC Global to work with RBI". indiatimes.com. Retrieved 2014-03-10.[dead link]
  20. ^ "HTC Global to work with RBI". The Hindu. 11 March 2014. Retrieved 2014-03-11.
  21. ^ "HTC Global Launch Artificial Intelligence, machine-learning products". 11 December 2017. Retrieved 2017-12-11.
  22. ^ Anand, N. (11 March 2010). "ELCOT becomes first Enterprise Resource Planning-driven office". The Hindu. Retrieved 2010-03-11.
  23. ^ "These massive scanners in Chennai are digitising everything from the lyrics of Beatles' Yesterday to Earth's rarest paper document". Edex Live. Retrieved 2022-04-28.
  24. ^ "Guidewire Announces HTC Global Services as New Consulting Alliance Partner". www.guidewire.com. Retrieved 2024-11-01.
  25. ^ "EGRAMS Trademark Information". trademarkia.com. Retrieved 2005-08-31.
  26. ^ Barron, Simon (2015). "Kuali OLE". Ariadne (74).
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