Mindteck Successfully Maintains CMMI Level 5 Appraisal
Mindteck, a global technology company (BSE: 517344 and NSE: MINDTECK), today announced that it has been appraised at level 5 of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® for software and hardware development projects in its Bengaluru and Kolkata locations. ProcessWhirl Management Consulting Pvt. Ltd. performed the appraisal.
CMMI, a capability improvement framework, provides organizations with the essential elements of effective processes that ultimately improve their performance. The appraisal at maturity level 5 indicates that the organization is performing at an “optimizing” level. At this level, an organization continually improves its processes based on a quantitative understanding of its business objectives and performance needs. The organization uses a quantitative approach to understanding the variation inherent in the process and the causes of process outcomes.
In acknowledging the achievement, Mr. Yusuf Lanewala, Chairman and Managing Director of Mindteck, commented, “Maintaining this highest level in the CMMI model of development demonstrates Mindteck’s commitment to delivering value to our customers, through effective project management. We are continually proud to be among a select group of global companies appraised at this level.”
About Mindteck (India) Limited
Mindteck is a global technology company that provides Product Engineering solutions and Information Technology services to top-tier Fortune 50-1000 companies, start-ups, leading universities and government entities. The company's depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Office locations span the US, UK, Singapore, Malaysia, Philippines, Netherlands, Germany, Bahrain and India. In addition, there are four development centers: US, Singapore and India (Kolkata and Bangalore). Mindteck is listed on both the Bombay Stock Exchange (BSE 517344) and the National Stock Exchange (MINDTECK). The company is a Founding Member of ‘The Atlas online’ (www.atlas.cid.harvard.edu) for the Center for International Development (CID) at Harvard University.
About CMMI® Institute
CMMI Institute is the global leader in the advancement of best practices in people, process, and technology. The Institute provides the tools and support for organizations to benchmark their capabilities and build maturity by comparing their operations to best practices and identifying performance gaps. For over 25 years, thousands of high-performing organizations in a variety of industries, including aerospace, finance, health services, software, defense, transportation, and telecommunications, have earned a CMMI maturity level rating and proved they are capable business partners and suppliers.