MeritTrac Services Bags The Deloitte Technology Top 50 India 2007 Award

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Posted 5 December 2007 - 4:51pm by newswatch
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MeritTrac Services recognized for being one of the fastest growing technology companies in India. It receives "Deloitte Top 50 India" award. The company has shown a robust revenue growth for the 3 year period from '05 to '07. This growth can be attributed to the increased adoption in the market of scientific assessment tools and MeritTrac's innovative delivery mechanisms.

MeritTrac Services has bagged the coveted "Deloitte Top 50 India" award. The award recognizes the 50 fastest growing technology companies in India. The Deloitte Technology Fast 50 India list is compiled from Deloitte's Technology Fast 50 India program. The awards list is compiled based on revenue growth over the past 3 years and represents success in technological innovation in business. Recipients were presented the award by Deloitte in Mumbai at an awards ceremony.

MeritTrac has shown a robust revenue growth for the 3 year period from '05 to '07. This growth can be attributed to the increased adoption in the market of scientific assessment tools and MeritTrac's innovative delivery mechanisms. While a lot of this growth has been fuelled by the IT/BPO space, MeritTrac has added over 70 customers in other verticals like BFSI, Retail, Manufacturing, Healthcare and the PSUs. Mr. Padaki opined that usage in other sectors has been increasing and future growth will be driven by business in these sectors. He was also of the opinion that huge opportunities lay in the Individual Certification and Education Assessment space, which MeritTrac was tapping through specialized offerings.

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