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| Company type | Public (NYSE: VIT) |
|---|---|
| Founded | 1995 |
| Headquarters | Beijing, P.R.China |
| Key people | Chris Chen (CEO and founder) |
| Website | www.vanceinfo.com |
VanceInfo is one of the largest IT outsourcing companies in China.
Company Overview:
VanceInfo Technologies Inc. (NYSE: VIT) is an IT service provider and one of the offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange. It ranked number one among Chinese offshore software development service providers for the North American and European markets as measured by 2009 revenues, according to International Data Corporation (IDC).
VanceInfo sells its services across a wide range of industries in the Technology, Telecommunications, Financial Services, Manufacturing and Retail & Distribution sectors. Clients include Microsoft, IBM, Expedia, Cathay Pacific, TIBCO, HP, EMC, NEC, Mitsubishi, Huawei, Lenovo, ABB, 3M and many other leading Fortune 500 companies. VanceInfo, headquartered in Beijing, has built offices and branches in Shanghai, Nanjing, Shenzhen, Dalian, Hangzhou, Guangzhou, Tianjin, Wuhan, Chengdu, Xi'an, Hong Kong, Tokyo, Malaysia, San Diego, Seattle, San Francisco, New York and London.
The company has received a number of awards recognizing their service capabilities and growth potential, including:
- Ranked NO.1 among Chinese offshore software development vendors for North American and European markets by 2009 revenues according to IDC
- 2010 "Global Outsourcing 100" Award selected by IAOP
- 2009 "Global Services 100" by NeoIT
- Selected as "Deloitte China TMT Fast 50" in 2009
- 2007 winner of the "Red Herring 100 Global" Award selected by Red Herring magazine as one of the most promising technology firms in the world
- Second place in "China's Most Promising Ventures" in 2006, a ranking of the top 50 high-growth companies in China by venture - capitalists organized by Zero2IPO Group
Company History:
2010
- Built Offshore Development Center (ODC) for Cathay Pacific Airways
- "2010 Global Outsourcing 100" by IAOP
- "Global Services 100" by Neo IT
- "No.1 among Chinese offshore software development vendors for North American and European markets" by IDC
- Opened Melbourne office in Australia
- Built Offshore Development Center (ODC) for Hainan Airlines Group
2009
- Built Offshore Development Center (ODC) for Expedia
- "2009 Global Outsourcing 100" by IAOP
- "Global Services 100" by Neo IT
- "No.1 among Chinese offshore software development vendors for North American and European markets" by IDC
- Opened London office in UK
- Built Outsourced Development Center for China Merchants Bank
2008
- Opened Chengdu office
- "Global Services 100" by Neo IT
- "No.1 among Chinese offshore software development vendors for North American and European markets" by IDC
- Signed contract with a Leading Handset Manufacturer
- Announced Joint Venture to provide IT outsourcing services to Financial industry
2007
- Changed name from Worksoft to VanceInfo
- Listed on the New York Stock Exchange (VIT)
- Opened Seattle, New York office in the USA
- Opened Nanjing, Hangzhou office in China
- Built China Development Center for EMC
- "2007 Global Outsourcing 100" by IAOP
- 2007 Deloitte China TMT FAST 50
2006
- Closed Series B venture capital funding by Kui Zhou/Doug Leone, Sequoia Capital
- Built China Development Centers for Reynolds & Reynolds
- Opened Xi'an office
- Acquired China-based Prosoft Technology
- "Global Service 100" by Neo IT
- "TOP 10 Software Outsourcing Providers of China" by IDC
- Red Herring "Asia 100"
- Computer Partner World "Top Solutions Vendor 100"
- TOP2 of China Venture 50 by Zero2 IPO
- 2006 Deloitte China TMT FAST 50
2005
- Celebrated our 10-year anniversary at our new global headquarters office building in Zhongguancun Software Park
- Secured Series A venture capital funding by Rob Theis, Doll Capital Management (DCM) and Hao Chen, Legend Capital
- Built the TIBCO China Development Center
- Selected as a Microsoft Preferred Vendor and built its China Offshore Development Centers in Shanghai and Beijing
- Acquired SureKAM and the US-based Siebel consultancy Envisys
- "Risk Management Award" at the Gartner China Outsourcing Summit
- Granted "Outstanding Software Outsourcing Service Award" by CSIO
2004
- Signed contract with Unicom-BREW
- Certified as "Core Technical Service Supplier" by IBM
- Opened Dalian office
- Ranked as one of the top-10 offshore software development providers in China by IDC
- Selected as a top software outsourcing vendor in China for the "Software Export to US/European Market Initiative" by China Ministry of Science and Technology
- Built the PeopleSoft China Development Center
2003
- Certified as a strategic vendor for HP
- Started vertical initiatives for Telecommunication and Financial Services
- Built global testing center in Shanghai for a leading global bank
- Started to perform IT services to premier Japanese clients, including Sony
2002
- Became the first ISO9001 certified company in the China IT outsourcing industry
- Opened offices in Wuhan and Shenzhen in China
- Started operations in Japan
- Established offshore testing lab for Microsoft
2001
- Selected as the first and exclusive technical supplier for PeopleSoft in China
1999
- Started operations in the USA
- Opened Shanghai office
1998
- Signed contracts with HP, Oracle and SGI
1997
- Started long-term relationship with Microsoft
1995
- Founded
- Started long-term relationship with IBM
See also
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Notes
- Li, Paul "China-Based Offshore Software Development 2010–2014 Forecast and Analysis", IDC, July 2010.