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Leading IT services and solutions provider UST Global proposes to widen its global footprint and broaden the range of engagement with clients.
The Aliso Viejo, California-based company has operations in India, Mexico, Spain, the UK, Malaysia, Philippines, and Singapore. It has a development centre in Thiruvananthapuram.
Four acquisitions
It has made four acquisitions this year and will continue investing aggressively in partnerships and disruptive technologies.
Saurabh Ranjan, Managing Director for global operations, said that 2014 has been a marquee year for the company thus far.
“We have focused our evolution and growth around three key factors: disruptive technologies, strategic expansion and the talent to support these initiatives.”
The companies acquired in the past six months include Atlanta-based global software services company Xpanxion and Milwaukee-based engineering solutions company Kanchi Technologies.
Together, these acquisitions would help UST Global create and innovate strategic services and solutions for current and future clients, Ranjan said.
Strategic partnership
Additionally, the company has made six investments in technology companies such as Moonraft, a design firm that seeks to differentiate the customer experience by blending design, art and technology.
Others are Kuboo, a child-friendly social network and gaming platform, and 1-Page, a solution changing the way companies hire and filter resumes.
UST Global has entered a strategic partnership with early-stage venture capital firm, Blumberg Capital. It will now provide tech expertise and investments to Blumberg Capital portfolio companies.
In services, it has invested in digital, big data and advanced analytics technologies. One such is California-based data analytics firm Abzooba that offers access to top talent in analytics. .
Another is Third Eye Systems, a big data company that provides actionable insights to companies through solutions tailored towards specific organisational problems.
Shanghai centre
UST Global has also opened its first delivery centre in Shanghai and plans to engage over 1,000 employees.
“The Shanghai centre is a strategic investment in providing client-centric focus to our customers based in China’’ said Sajan Pillai, Chief Executive Officer, UST Global.
It will also help us expand the company’s reach into other local market opportunities as demand for information technology services heighten.
“We are working with a number of customers having presence in the region, and particularly see upsurge in industries such as retail, high-tech and manufacturing.”
These acquisitions and investments have brought in 25 new clients and added 600+ employees across seven global locations.
To sustain its rapid growth, UST Global has added 200+ new individuals both in the management and technology leadership.
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