Softtek Named "Cool Vendor" by Leading Analyst Firm Vendors Selection Based on How Innovative, Impactful and Intriguing They Are

Softtek the leading Near Shore® Service provider, has been included in the list of "Cool Vendors" in the Cool Vendors in IT Services and Outsourcing, 2005" report published on March 21, 2005 by Fran Karamouzis, et al of Gartner, Inc. Softtek was listed in the Gartner report along with 3 other companies that work in different areas of IT services.

Monterrey, Mexico (PRWEB) April 20, 2005 - Softtek the leading Near Shore® Service provider, has been included in the list of "Cool Vendors" in the Cool Vendors in IT Services and Outsourcing, 2005" report published on March 21, 2005 by Fran Karamouzis, et al of Gartner, Inc. Softtek was listed in the Gartner report along with 3 other companies that work in different areas of IT services.

In 1997 Softtek coined and trademarked the term Near Shore to identify its offering, which represents an alternative to traditional" offshore IT outsourcing. The concept leverages Mexicos proximity, cost structure and international trade agreements to provide US based companies with a more convenient alternative.

Beni Lopez, CEO for Softtek US says: Since we launched our Near Shore services, we have been pleased with the way the market has embraced the concept. Being recognized by Gartner as a 'Cool Vendor is certainly a distinction we praise, and serves as an incentive to move further"

Softtek is one of the few companies outside of India that has a Global Delivery Capability. Today Softtek has 6 Global Delivery Centers, three in Mexico, two in Brazil and one in Spain. All of them operate following a model based on process efficiency and world class quality standards.

Mr. Lopez adds: Undoubtedly quality of service is an important part of our model, but so is cost efficiency for our clients. With the Near Shore Model we can generate savings equivalent to what Indian vendors provide, we use the Total Cost of Engagement model to prove it".

The Total Cost of Engagement (TCE) model for offshore projects, considers personnel costs, the expenditure associated with infrastructure, telecommunications, travel, adjusted costs for risk and productivity differences, as well as management overheads. For highly interactive engagements, the overall TCE for Near Shore projects is invariably lower than offshore.

Softtek offers Application Related Services, IT Infrastructure Support and Business Process Outsourcing.

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Softtek

With close to 3,000 people, Softtek is the leading Near Shore® Services company in North America. Softtek also services Latin America and Europe with presence in more than 10 countries. The firm has been in business for more than 20 years and serves top tier corporate clients in all the markets it operates.

For more information, visit the company's Web site at www.softtek.com/nearshore

Contact: Alejandra Ancira

alejandra.ancira@softtek.com

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