A heads-up for online testing - MeritTrac wins the NASSCOM IT Innovation Award for 2007
Released on: February 5, 2008, 10:16 pm
Press Release Author: MeritTrac Services
Industry: Human Resources
Press Release Summary: MeritTrac, India's Largest Skills Assessment Company has been awarded the 'NASSCOM IT Innovation Award' by NASSCOM, the premier trade body and the voice of the IT/ITeS industries in India, for its technologically advanced Integrated Assessment Centres called MeritTrac Assessment Zones (MAZ). These centers are a revolutionary concept in online testing which combine the efficiency of online testing with a wide reach - and provide a perfect platform for corporates and academia, while delivering huge process efficiencies.
Press Release Body: Bangalore, February 5 2008: MeritTrac, India's Largest Skills Assessment Company has been awarded the 'NASSCOM IT Innovation Award' by NASSCOM, the premier trade body and the voice of the IT/ITeS industries in India, for its technologically advanced Integrated Assessment Centres called MeritTrac Assessment Zones (MAZ). These centers are a revolutionary concept in online testing which combine the efficiency of online testing with a wide reach - and provide a perfect platform for corporates and academia, while delivering huge process efficiencies.
Speaking on this win, Mr. Madan Padaki, Co-Founder & CEO, MeritTrac Services said, "The mindset of innovation permeates all through MeritTrac - with the company itself being conceived as a pioneering concept. It is vitally important for companies to create sustainable business differentiators to survive and grow in a competitive space. MAZ is one such concept which will redefine the online testing paradigm in India and will not only help pass efficiencies to clients but also open up the area of online testing in the education space"
This was the sole award under the Input Innovation category which recognizes innovations in terms of capital, talent or technology that are bought into the firm to accrue efficiencies and create a business advantage. MeritTrac is also the only non-IT/ITeS company to figure in the list of awardees.
Online testing is recognized the world over as the most efficient delivery mechanisms for assessments. But overwhelming infrastructure constraints and lack of reach as well as control have limited the scope of this delivery mode in India. Building process efficiencies while ensuring client satisfaction in established systems has been the premier agenda for assessments companies for a while and efforts have also been focused on delivery mechanisms.
As the pioneer and leader in the assessments space, MeritTrac's steps in revolutionizing processes led to the set up of MAZ, as fully owned and controlled online assessment centers in India. MAZ combine labs with testing terminals, advanced proctoring mechanisms like IP cameras and stringent registration mechanisms like biometric fingerprint scanners with plush waiting areas, GD/Interview rooms, evaluators and supervisors to provide a complete testing environment. There are currently 21 MAZ spread across 16 cities in India with over 1300 testing terminals to provide pan-India coverage and a capacity to deliver 2.5 million tests/annum
This innovation has helped MeritTrac offer greater customer value by successfully overcoming the infrastructural & logistical challenges in India. The innovation also opens up opportunities to engage with the academia in migrating security intensive academic examination processes online.
About MeritTrac MeritTracä is India\'s Largest Skills Assessment Company. MeritTrac designs and delivers assessments to evaluate abilities, skills and knowledge for both corporate & individual customers. Since its inception in 2000, MeritTrac has assessed over 3 million candidates for over 150 clients across 75 cities pan-India for industry verticals like IT, BPO, BFSI, Engineering, FMCG, Healthcare, Retail, Education, and Manufacturing & PSUs among others.
MeritTrac is neither a Placement/Recruitment agency nor a Training firm, and is uniquely positioned as an \"Independent\" assessment company that provides quantitative inputs on the talent pool and helps in measuring competencies for specific roles. Its suite of scientifically designed assessments is used by corporate for pre-recruitment/employee assessments and by individuals for measuring their skills for employability.
MeritTrac\'s expert test development team has generated over 100,000 questions across 300 areas spanning Communication Skills (English & other Indian Languages), General Abilities, Domains Skills (Technologies, Engineering, Accounting, etc.) and Psychometrics. All tests can be delivered in both online and offline modes under supervision. Online tests are delivered using OnTrac-a proprietary web-based testing engine.
The company counts some of the world\'s most admired & respected companies like ABB, Accenture, Aricent, Cholamandalam DBS, Cognizant, Google, HAL, Honeywell, HP, HSBC GLT, IBM, ICICI Bank, ICICI Prudential, ITC, Microsoft, MindTree, NSE, SAP Labs, Satyam, TESCO, Wipro BPO and Wockhardt. MeritTrac is the recipient of the Red Herring Top 100 Asia as well as the Deloitte Technology Fast 50 India and Fast 500 Asia-Pacific awards.
A Manipal Education Group (MEG) investee company, Bangalore-based MeritTrac has 450+ employees and 1000+ certified test administrators operating out of offices in all the metros. MeritTrac also operates 21 state-of-the-art online testing centers \"MeritTrac Assessment Zones (MAZ)\" across 16 cities with 1300+ online terminals. MeritTrac assessments have been delivered in Brazil, China, Costa Rica, Mauritius & Philippines. MeritTrac is represented by business partners in the USA & the Philippines.
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