London, United Kingdom
InstaSAP announced 2nd year results with record revenues and profits. InstaSAP registered dramatic 193% increase in revenues and 250% increase in profits as compared to its previous year, 2005-06.
Infrastructure and team expansions at London office, efficient relationship and operations management, development of partnerships in key trust areas leading to better access to new business opportunities and continued success at attracting the best talent and ability to retain talent were some of the key highlights of its second year.
"While we are excited to announce 2nd year results, we now gear-up to face greater challenges in 2007. We also declare opening of Offshore Technology Centre at Hyderabad, India by March 2007. OTC in India would strategically accelerate further growth for InstaSAP and support its bottom lines effectively Year 2006 laid the foundation for our future successes and now we looking forward to 2007 with great optimism facing greater challenges" stated Kumar Vuppala, the founding director.
"In year 2007 we would continue to fulfil needs of clients as a small niche player with a more responsive and efficient teams, competitive pricing and innovative approaches" says Aitha Sridevi, Director.
Company has also raised its expectations for the third year to double its revenues and profits. OTC would initially employ 200 professionals in its first year and head count would touch 500 by end of 2008.
About InstaSAP
InstaSAP Limited is among the few fast growing UK based Software Consulting and Services Companies which are focused to provide professional IT consulting services to companies worldwide. Since inception in May 2004, InstaSAP has grown to become a recognized software consulting and services firm in UK enjoying over 100% year-on-year growth in revenues and profits. Soon it is launching its offshore technology centre at Hyderabad, India to consolidate its market positions and support its operational bottom-lines.
Jyotin Mehta, InstaSAP Limited, +44 (0) 208 426 5359, 208 426 4832, Mobile: +44 7944605833 jm@instasap.com
Source: InstaSAP Limited (Business Wire India)