Infobox_Company
company_name = GlobalLogic
company_
company_type = Private
foundation = 2000
location = Virginia, USA
key_people = Peter Harrison, CEO
| industry = IT Products, Outsourced Product Development, IT Services
products =
revenue = Undisclosed
operating_income = Undisclosed
net_income = Undisclosed
num_employees = 3,100
subsid =
homepage = [http://www.globallogic.com/ http://www.globallogic.com/]
footnotes =
GlobalLogic (formerly Induslogic) is an information technology company based in Virginia, USA founded in 2000. It is a privately held company funded by NEA, Sequoia Capital, and Draper Atlantic, the Mid-Atlantic affiliate of Draper Fisher Jurvetson.
It provides outsourcing services in Web 2.0, SaaS, Open Source, VoIP, security, mobile and finance. Some of its better known partners are AOL, IBM, Polaris, OpSource and Mantas.
Company Profile
GlobalLogic is an Offshore Product Development company headquartered in the United States while it has a captive development centre in India, Ukraine and China. Their offshore model is unique in that they have involved their partners in building a virtual offshore subisidiary where they can employ high skilled professionals on demand. It uses Agile software development for project implementation. Its operations are based primarily on technologies such as J2EE, Microsoft technologies (.NET), Smart cards and testing tools. It offers services in outsourced product development, custom application development, Quality Assurance and outsourced software testing.
It has recently partnered with OpSource to deliver SaaS solutions to ISV's which have adopted the SaaS delivery model [ [http://www.efytimes.com/fullnews.asp?edid=13941 Induslogic, OpSource Tie Up On SaaS ] ] . The partnership between the two companies aims to provide software companies adopting the SaaS delivery model with a one-stop solution for application development, SaaS service delivery, enabling SaaS and support[ [http://www.itnewsonline.com/showstory.php?storyid=5255&scatid=4&contid=3 IT News Online > N. America - Software - Induslogic, OpSource Partner to Deliver a Complete SaaS Solution ] ] . ]According its CEO Peter Harrison, GlobalLogic is targeting 10 percent share of the Indian Outsourcing product development market which NASSCOM estimates to be worth 10 billion dollars[ [http://www.expresscomputeronline.com/20060717/market03.shtml “We are looking for one acquisition each within and outside India in the coming year” - Express Computer ] ] . ]It recently acquired Lambent which develops and tests wireless gaming and location based services [ [http://telephonyonline.com/wireless/finance/telecom_induslogic_acquire_lambent/ Induslogic to acquire Lambent ] ] .
In February 2008, GlobalLogic secured $29.5 million in Series C funding. All of GlobalLogic's existing investors, Draper Atlantic, New Enterprise Associates and Sequoia Capital India, participated in the C round, with Sequoia leading the round. [ [http://www.sequoiacap.com/news/globallogic-closes-series-c-round-for-$29-5-million/ GlobalLogic secured $29.5 million in venture capital funding] ]
Today, GlobalLogic has active partnerships with more than 140 software product companies in a wide range of markets, including VoIP, wireless, security, payment, and finance. Its partners include industry leaders such as AOL, Autodesk, Avolent, Electronic Arts, IBM, iFlex, NexTone, Sony Digital and Trimble.
GlobalLogic is headquartered in the U.S., with global delivery centers in the U.S., India, and Ukraine; the company employs more than 3,100 professionals worldwide.
GlobalLogic is privately held and backed by Sequoia, NEA and North Atlantic Ventures.
Commercial Activities
GlobalLogic has partners among the entire spectrum of the I.T. Industry from the startups to the most established players. It provides open source solutions such as Sprint, UnLock, Lite and LiSense to its partners in the industry.
Awards and Recognitions
1. GlobalLogic is ranked by Global Services amongst top 100 ITcompanies for its leadership, innovation and outstanding performance. 2. GlobalLogic tops Deloitte's Virginia Technology Fast 50 ranking offastest growing technology companies 3. GlobalLogic is ranked as the 8th most preferred IT employeraccording to IDC-DQ Best Employer Survey. 4. GlobalLogic is ranked #91 by Inc 500 5. Lambent (a GlobalLogic Subsidiary) is recognized for being thelargest IT contributor in the Vidarbha region for the year 2006. It wonthe annual IT award instituted by the State GovernmentReferences
ee also
*SaaS
*Offshore Product Development
*Open Source
*Offshoring
External links
* [http://www.globallogic.com/ GlobalLogic Homepage]
* [http://www.globallogic.com.cn/ GlobalLogic China, Globallogic 中文网站]
* [http://appliedeye.com/mindsatwork/2007/11/07/are-offshore-product-development-firms-software-outsourcing-firms-different/ Differentiators between outsourced product development & offshore outsourcing services]
