Ventech is proud to be a Master IT SERVICE CONTRACT AWARD WINNER from the state of Washington. “We have been told our evaluation on the categories we have been awarded came out to be the first in scoring. We are pleased to be recognized by the state and we believe Ventech is positioned to offer such state wide services with our unique combination of right talent pool available for customer needs on-demand . Our unique corporate credentials and past performance is a key success factor – said, Mrs. Sheela Kunduru – Director Quality Assurance”.
Ventech is awarded a fixed price web development contract for a legal outsourcing data processing company in Delaware. Mr. Alex Martinez , Senior Business Development Manager has executed the contract and the project is expected to be delivered using Ventech’s 3O™ outsourcing methodologies. “Our pricing , Credentials and service level are the key factors for us to receive this contract. I am confident that the customer will see a great savings in their cost of the project by 30% using Ventech, Said Mr. Martinez.
Ventech receives its MBE certification from South Central Ohio Minority Business Council an affiliate of NMSDC. NMSDC certification will allow the company to participate diversified based procurement opportunities in the IT services and solutions with large corporate organizations and Fortune 500 companies throughout the USA.
April 28, 2007 – Ventech Solutions and Mr. Ravi Kunduru is honored for the community services from the company to Sri Meenakshi Amman Temple Trust, Houston, Texas. The company has donated more than $100,000 towards the temple automation software development, customization and deployment services which went on-line 1/1/2006. “We are extremely pleased with the support and services from the entire team at Ventech for their dedication and commitment towards the HOMA – E Meenakshi software. We are able to perform more than 20,000 transactions worth more than $3 Million of funds”- Said Mr. Balakrishnan S, Treasurer, Sri Meenakshi Amman Temple Trust.
Ventech Global Product division, Chennai, India celebrated its second anniversary of Membership Management Product – eMMS (HOMA) since it has been launched on January 1,2005. The product is currently being used by more than 15,000 users in North America. “HOMA revolutionizes the way non profit membership organization conduct their day to day operations, bringing operational efficiency and improved member satisfaction. Our corporate plan is to increase the user base strength to 500,000 by 2009.
Ventech’s Global Solutions Delivery Group, Software Division in Columbus, Ohio and Ventech’s Global Delivery Center, Software Division in Chennai, India and were successfully appraised as CMMI Maturity Level 5 Company on Dec 7th 2006.
Ventech Solutions USA and India, has become the world’s 1st CMMI LEVEL 5 (v1.2) company. The company was already ISO 9001:2000 certified and was preparing for CMMi Level 5 assessment since 2003.
“CMMI Maturity Level 5 has been a constructive challenge to our company in both USA and India offices. We had a very interesting experience filled with lot of excitements and surprises throughout the process and I am glad we could achieve this strategic mile stone as planned. This mountainous effort at Ventech could be made possible only with the complete dedication and commitment from our staff who worked round the clock to reach this remarkable achievement”, said Mr. Ravi Kunduru, Chairman and CEO of Ventech solutions.
Explaining about the company’s growth and its future plans, Mr. Kunduru said, The company has been listed as INC 500 company for the last two years with an average 3 year growth of 394 %. Our acquisition strategies were initiated beginning of this year and we have been successful with the first company fully integrated into our company as of September 30,2006 adding $3.5 million to the corporate revenues. We are looking at two additional companies to be acquired by March 2007, adding a possible addition of $10 Million to the bottom line. The company is currently planning to expand open new offices in Washington DC, New York, London, Sydney and Dubai.
The company is currently expanding its India operations in Siruseri IT Park, Chennai with an estimated total manpower strength of 1000 employees by 2008. The company is planning to invest Rs.40 Crores to develop its product and solutions dedicated centers in India. The company is expecting to fully operate its Siruseri R&D center by June 2007.
The company is a strong player in providing global educational software solutions in India and US. “ Our aim is to add 20 new partners accounting a revenue growth of Rs.36.5 Crores in 2007 by deploying our educational services to atleast 1000 institutions in India and USA”, said Mr. Kunduru. By 2008 we would like to be one of the key players in India providing high quality educational products and tools partnering with the public sector organizations. Our focus is to have our solutions being used by atleast 10,00,000 users by 2008.
Ventech Solutions has demonstrated strong commitment and dedication in getting assessed successfully to CMMi maturity Level 5 capability. “ In our 15 yrs of services, Ventech has been one such company that we are delighted to work with due to their energy level and focus towards the processes throughout the company. We are glad that we were able to participate and assist in an effort at Ventech that is delivered for the first time in the world”, said Mr. ParthasarathyRamachandran, Director & CEO Quality Point Integrating SystemsLLC, USA.
DiversityBusiness.com, the leading multicultural B2B online portal in the US, today announced the Div50, the 8th annual listing of the Top 50 Diversity Owned Businesses in OHIO. Ventech solutions obtained the honor of being ranked #25 in the state of Ohio as a DiversityOwned Business and being in the top 100 subcontinent-Asian American Owned businesses in the US.
Ohio Department of Administrative Services , Equal Opportunity Division recognizes Ventech Solutions as a EDGE Certified company to perform Information technology services under the following NIGP Code(s): 209-31, 920-18, 918-29, 958-23, 920-24, 920-22, 208-37, 29-38, 918-38, 924-19, 208-45, 209-46, 906-40, 208-50, 209-51, 965-46, 918-66, 785-70, 475-49, 208-53, 918-85, 920-40, 208-67, 209-68, 208-68, 209-69, 920-45, 920-46, 924-98. The certification anniversary is October , 2008. “We are pleased and proud to a EDGE Certified IT services company and we look forward to serve the state of Ohio more closer than ever due to our credentials ,Said Mr. Ravi Kunduru, CEO, Ventech Solutions Inc.”
Ventech Solutions Inc was honored as a Fast 50 company for 2006 for the 2nd time consecutive by Business First, a business publications in central Ohio. This year Ventech was recognized as the 6th fastest growing company. Ventech is a Fast 50 company in 2005. “We are pleased to see this recognition in the Fast 50 award ceremony. This clearly shows that Central Ohio has been a great place for our company’s past, current and the future, said Mr. Ravi Kunduru, CEO, Ventech Solutions”