MindTree enters into a global partnership with iTKO LISA to build industry-specific SOA testing solutions for the Travel, Media, Retail and Banking, Financial Services and Insurance (BFSI) markets.
MindTree Limited, a global IT and R&D services company, announced today that it has entered into a global strategic alliance with iTKO LISA, the leading provider of testing, validation and virtualization solutions for SOA (Service-Oriented Architecture) and enterprise software. MindTree will develop a ready-to-use testing framework and deliver solutions for the Travel, BFSI, Media and Retail industries using the iTKO tool set that will be made available to MindTree’s customers across the globe helping them cut time-to-market by up to 20%.
"SOA applications are gaining momentum in the IT Services market, and as adoption increases, MindTree is intensifying focus on providing industry-specific testing solutions with a core SOA test team approaching 200 people," said Ananda Rao Ladi, vice president and head of the Testing Practice at MindTree. "Through our alliance with iTKO, the capabilities of our SOA test team are further strengthened with the ability to test across components and differing standards, greatly increasing productivity and value."
MindTree's independent Testing Practice is the largest group within the company with over 2000 members. MindTree's Testing Practice helps deliver business and technology solutions with world-class quality. MindTree provides partners with in-depth experience in test methodologies, frameworks, tools and processes. Its industry-focused testing services ensure that IT applications meet growing business needs with high performance and availability as well as ensure that products are of high quality and reliable.
"MindTree's go-to-market approach with iTKO offers customers the best of both worlds in terms of SOA technology and expertise," said Satendar Bhatia, VP of strategic alliances at iTKO LISA. "Pairing the LISA solution's leading SOA testing and validation capabilities with MindTree's deep expertise in delivering total quality throughout the SOA lifecycle, will take much of the complexity and risk out of migrating and integrating complex systems for our joint customers."
According to Gartner the market for IT professional services involving SOA, Web services and Web 2.0 will grow at a compound annual growth rate of 27% from $58.9 billion in 2006 to $154 billion in 2010.
LISA stands for "Learn, Invoke, Simulate, Analyze," and is a unified SOA testing platform with the ability to deeply analyze and test most middle-tier and front-end components of SOA applications. When testing needs expand, LISA can also build and run directly against the targeted systems. The fully integrated LISA suite of products can test from design, to development and throughout deployment to meet the full quality lifecycle needs of enterprise software and SOA applications.
iTKO LISA offers the most comprehensive solution for testing, validating, and virtualizing Service-Oriented Architectures (SOA). iTKO's mission is to minimize the business risk inherent in making frequent changes to complex IT environments. Their LISA software suite provides Complete, Collaborative, and Continuous quality throughout the enterprise software delivery lifecycle. LISA enables the extended team, from development, to QA and business analysts to exercise multiple business technology layers within a single test case. LISA automates unit, functional, regression, load and performance tests, and virtualization of services and data. Founded in 1999, the Dallas-based company's customers include Citigroup, WaMu, Level3, TIBCO and eBay.
1. Dataquest Insight: Worldwide IT Professional Services Market Size and Forecast for SOA, Web Services, and Web 2.0, 2005-2010 – May 7, 2007
MindTree Limited is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree's IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services. MindTree has acquired an 80% equity stake in Aztecsoft Ltd., a global leader in outsourced product development and independent testing. The Company intends to complete the merger by April 2009.
MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Hewitt Associates and Mercer/TNS, and is also the winner of the MAKE Award for knowledge management. MindTree has been selected as one of the Top 25 companies for good Corporate Governance practices. MindTree is publicly listed in India. Please visit us at www.mindtree.com.