NIIT in Top 20 Global List of Training Outsourcing Providers

Released on = July 6, 2005, 7:07 am

Press Release Author = NIIT limited

Industry = Human Resources

Press Release Summary = NIIT, the global Training major today announced its inclusion in Training Outsourcing.com’s global listing of Top 20 Companies in Training Outsourcing Industry for 2005

Press Release Body = NIIT, the global Training major today announced its inclusion in Training Outsourcing.com’s global listing of Top 20 Companies in Training Outsourcing Industry for 2005. The US-based, TrainingOutsourcing.com is an authority
and industry’s first and only knowledge-based community dedicated to training outsourcing industry.

Over 50 companies were considered and evaluated on fourteen processes and business categories. Selection to the ‘2005 - TOP 20 Companies in the Training Outsourcing Industry’ was based on eight process capabilities and six business capabilities.

The selection criteria included: diagnostics, strategic integration, content development, portfolio management, sourcing, technology integration, administration, training delivery, strategic reporting, financial stability, geographic reach, leadership talent, breadth of resources, and commitment to the industry.

Speaking on the occasion, Mr Abhas Kumar, Vice President, NIIT, USA said, “NIIT is one of the few global training majors that has the distinction of providing conventional and contemporary training offerings based on its vast experience of over 20 years of developing and delivering blended learning solutions across varied target segments.”

“We are happy to be acknowledged by TrainingOutsourcing.com in its list of ‘2005 -
Top 20 Companies in Training Outsourcing Industry’, he added.

In its recent study on total corporate training expenditures for 2005 in the U.S. alone TrainingOutsourcing.com has predicted the spends on the category to exceed USD 119 billion, of which approximately USD 45 billion would go to external training products and service providers. This year’s list of providers accounts for more than 80% of training BPO market revenues with nearly USD 907 million of the $1.1 billion market represented in this prestigious and competent list of companies.

Congratulating NIIT on its achievement, Mr Doug Harward, Founder and CEO, TrainingOutsourcing.com, said, “TrainingOutsourcing.com is once again proud to
include NIIT to the 2005 List of Top Training Outsourcing Companies in the world. The exceptional leadership team at NIIT continues to demonstrate their ability to deliver a broad-based suite of learning services, specialising in content management and development. They have high access to talented resources and a relentless pursuit of process excellence which makes them a major player in the global training industry.”

The Top 20 organizations listing represent the clear leaders in this industry segment, each demonstrating experience in training business process outsourcing
(BPO) services and a clear commitment to growing the industry.

About TrainingOutsourcing.com:
TrainingOutsourcing.com is a North Carolina-based limited liability corporation. It is a web-based knowledge community dedicated to the training outsourcing industry and focusing on bringing corporate executives and training suppliers together to facilitate mutually beneficial outsourcing partnerships. Additional information on TrainingOutsourcing.com can be found at http://www.trainingoutsourcing.com.

About NIIT
NIIT, a global training corporation providing learning and knowledge solutions to clients in 33 countries, has been recognized for four consecutive years by IDC as one of the Top 20 Global IT Training market leaders--the only Asian-based company to earn that distinction.

NIIT uniquely offers a complete range of learning solutions including, learning strategy formulation, custom content development, technology, and outsourced services. Its CognitiveArts division offers award winning instructional design services.
As a trusted partner, NIIT helps clients reach their strategic goals through effective learning programs. Clients include 4 out of the Top 10 Fortune 500
companies, the largest global retailers, financial services firms, the leading technology companies, universities and publishers.

Web Site = http://www.niit.com/learning

Contact Details = C-125 Okhla Phase1
New Delhi- 110 020 India.
Tel:91(11)51407279
ksbinfo@niit.com