Friday, July 16, 2010
Accentia buys UK firm IQ Group
Accentia has already entered into an agreement with IQ Group for the transaction subject to customary closing conditions. It is expected to be completed by the end of September this year. The financial details of the transaction were not disclosed.
IQ Group primarily caters healthcare industry offering services such as product development and consultancy in software, electronics and user interfaces for embedded systems. It currently has three entities that include Tactiq Ltd, Centriq Ltd and Neologiq Ltd.
While Centriq is a communication and computing solutions provider for healthcare industry in Europe and the Middle East, Tactiq is a product development consultancy specialising in software, electronics, and user interfaces for embedded systems for healthcare, automotive, defence and industrial markets. Neologiq is also the product development arm of IQ in healthcare segment, and has developed a number of products which are already in use. The company is also developing several other products, which are on the pipeline, the statement added.
Accentia believes the acquisition will help it to emerge as leader in the healthcare support services and management services for hospital IT infrastructure segment in North America, Europe and the Middle East.
Saturday, May 22, 2010
Accentia to enter Legal Process Outsourcing domain
Accentia to enter LPO domain
Special Correspondent
Thiruvananthapuram: Accentia Technologies, a Technopark-based company specialising in Healthcare Receivables Cycle Management (HRCM), has announced its decision to enter the legal process outsourcing (LPO) domain.
A release here on Tuesday said the company had plans to acquire firms with operations in the U.S., the U.K. and Canada.
Accentia would generate 3,500 more employment opportunities over the next 18 months, said Pradeep Viswambharan, CEO, Accentia. This would include around 500 law school graduates for its LPO division, Mr. Viswambharan said.
Wednesday, February 24, 2010
Accentia to add 2,000 jobs at technolodges
drawn instant interest from the industry, with Accentia Technologies announcing that it intends to add 2,000 jobs to be based out of these techno-lodges.
Accentia CEO Pradeep Viswambharan said his company planned to create these jobs across the villages of Kerala where the IT department and the local panchayats would develop requisite infrastructure for the IT industry. Healthcare receivables cycle management (HRCM) major Accentia, based at the Technopark here, had recently commenced operations from the UK, with the objective of tapping potential markets in Northern Ireland, England and Scotland.
The first two of the techno-lodges in Kerala, both located in Kollam district, have been fully taken up by Accentia Technologies. Mr Viswambharan said the company would base its production centres at these lodges and that all openings generated in these centres would be given to graduates from the respective villages.
He said the company was willing to take up more space at the upcoming techno-lodges, and that the political leadership had promised an environment free of hartals in these villages. Accentia has a presence in Oregon and New Jersey, US and in Ras Al Khaimah, UAE besides over half a dozen cities in India.
‘Technolodges’ opened in Kollam
Kollam: Two ‘technolodges,’ small IT service centres, were opened at Kadakkal and Perinad in Kollam district on Saturday, as part of the State government’s plan to push the spread of the information technology (IT) industry to the grassroots level.
The ‘technolodge’ scheme of the government seeks to facilitate the setting up of IT industry units in small towns and villages.
Labour Minister P.K. Gurudasan, who inaugurated the facility at Kadakkal, said the scheme would help IT companies operate from low-cost rural centres and thereby create employment in rural areas.
“Today, this has seen fruition at Kadakkal and Perinad, and very soon, there will be more centres across the State,” Mr. Gurudasan said.
Under the scheme, the government plans to open 100 ‘technolodges’ across the State. Over 60 panchayats have already offered infrastructure to set up ‘technolodges.’
Technopark-based Accentia Technologies has taken over the ‘technolodges’ in Kollam and will start rolling out their services from these centres.
The 2,500-square-feet Kadakkal facility can seat 54 employees, while the 2,750-square-feet Perinad centre can accommodate 78.
Accentia plans to employ 250 professionals in the Kadakkal facility and 300 in Perinad tIN three shifts.
The State government has spent nearly Rs.20 lakh for refurbishing the building at Kadakkal and around Rs.3 million on the Perinad centre, officials said. “‘Technolodge’ has been set up with the objective to create low- cost alternative locations for BPO companies,” IT Secretary Ajay Kumar said. “Many IT companies in the State have already shown interest in the upcoming ‘technolodges’ as this initiative will provide local talent and lower cost opportunities.” — IANS
Monday, June 29, 2009
Accentia’s net profit up despite global recession
Health care receivables cycle management (HRCM) player Accentia Technologies, operating from the Technopark here and other centers, has recommended a final dividend of 20% for 2008-09. Company officials said the good performance in 2008-09 was achieved despite the global recession that had forced many BPO/KPO companies to take extreme measures including large-scale pink slips and cost cutting.
Accentia Technologies CEO Pradeep Viswambharan said the performance in 2008-09 showed there was room for hope even in adversity. He said the company’s net sales and net profit had increased from Rs 51.90 crore and Rs 14.86 crore respectively in 2007-08 to Rs 80.46 crore and Rs 24.55 crore respectively in 2008-09.
He said the company had grown strongly in recent times, from two production centers in 2008 to 17 centres across India and abroad, adding that Berggruen Holdings had bought a 14% stake in the company which would help the company look at acquisition and expansion plans.
He said Accentia planned to increase its employee base by 60% in the current fiscal, and that the company had initiated an organization-wide process and cost restructuring exercise to increase its profitability even in the present challenging market conditions.
source: Economic Times
Accentia Technologies Ltd, Technopark
Accentia Technologies Ltd (Bombay Stock Exchange: ACCENTECH; SCRIP CODE 531897) is a pioneer and proven leader in end-to-end Business Process Management (BPM) solutions for Health care, Financial and Insurance Sectors.
Accentia, with its 10 years’ proven track record and a very talented pool of 2000+ BPO professionals spread across the globe, focuses on delivering cutting edge solutions and services to its client organizations. Our solutions and services help client Organizations Improve the efficiency in all spheres of their service areas and thereby enhance the Return on Investment.
Accentia offers a choice of technology and workforce solutions to help facilities manage outsourced processes with an emphasis on verifiable quality, fast turnaround times and competitive pricing. Our solutions are also designed to integrate with virtually all health information, applications and systems. A key Accentia differentiators is the technology capability. Our skills also help us understand and ensure tighter integration with client systems, a key driver of Client-usefulness and usability. Our tools in fact are often deployed on Client extranets - giving Clients direct access to process results.
The management team has a proven track record of managing complex outsourcing projects for Fortune 500s across the globe and a deep understanding of the Indian operating environment. The team specializes in setting up successful models for outsourcing and has been instrumental in establishing excellent client relationships for on site and off shore models for BPO / ITES wherein the clients have saved substantial costs and the off shore entity have won large contracts.
Accentia through its acquisitions has in its fold some of the big corporate brands in the USA and UK as its clients and the list is fast expanding.
Contact Info:
Accentia Technologies Ltd.
233-241, NILA, Technopark Campus
Phone: 471-2700964
Email: info@accentiatech.com
Website: www.accentiatech.com
Managing Director: Mr. V S Pradeep
