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Rank - 112 : Ness Technologies

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DQI Bureau
New Update

Lower (than expected) revenue from Europe was the major reason for Nesss

underperformance in the first three quarters. This was attributed mainly to the

slowdown and more pertinently the foreign currency translation effects on

non-dollar revenues. However, there was a 11% sequential quarterly revenue

growth with an all-time record operating cash flow. Interestingly, even during

the downturn, the company setup a SEZ in Bengaluru to cater to its clients like

Amadeus, Perform, INSEAD and Thomson Reuters.

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Rank - 112 : Ness Technologies

FACTSHEET

l President and MD: Satyajit

Bandyopadhyay l Start-up Year: 1999 l Products & Services: Software services

l Address: No 33, 6th Block, 17th H Main Road, Koramangala, Bengaluru 560

095 l Employees: 3,000 l Tel: 080 4196 1000 l Fax: 080 4196 1000 l Website:

www.ness.com

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