Evalueserve

Evalueserve is a global professional services provider offering research, analytics, and data management services across a wide range of industries and business functions. Evalueserve has 3200+ employees and centers in 7 countries, as well as sales offices in many European countries, the US, Singapore and Canada. The company serves Fortune 500 companies, professional services firms, and innovative mid-size companies in financial services, life sciences and healthcare, and various manufacturing and services industries.^[1]

In March 2015, Evalueserve launched InsightBee, a cloud-based start-up, which is Evalueserve’s patent-pending, scalable digital platform for pay-as-you-go in the areas of market intelligence, sales intelligence, procurement intelligence, innovation intelligence, and data-analytics-as-a service.

History

The company was started by Dr. Alok Aggarwal and Marc Vollenweider (ex-Partner at McKinsey) in December 2000, with the objective of building a professional services firm across a range of specialist industries to clients worldwide. Since its inception, the company has evolved from offering a pure geographic cost arbitrage service model to one focused on offshore research centers.^[2]

Ashish Gupta was appointed as the first COO and country head of India, with their Gurgaon office being the largest by a long way.

In 2008, Evalueserve has appointed Nand Gangwani as its new Chief Financial Officer,^[3] and in 2014, Robert Eiselt has been hired as Chief Marketing Officer (CMO), a new position in the company.^[4]

In April 2015, Evalueserve signed a partnership with Software AG, an enterprise software company,^[5] joining its fast-growing, partner ecosystem as consultant and value added reseller.^[6] Evalueserve also signed a partnership agreement with the software provider Teradata in June 2015.

Acquisitions

In August 2014, Evalueserve announced the acquisition of the German business intelligence provider Beyond Data.^[7] As of August 2015, Beyond Data has been officially renamed into Evalueserve GmbH.

In 2015, Evalueserve acquired Treparel, a Dutch provider of text analytics and visualization solutions.^[8]

Awards and Recognitions

• In 2016, Evalueserve has been identified as one of London Stock Exchange's 1000 Companies to Inspire Britain for the second year ^[9]
• In 2015, Evalueserve has been identified as one of the London Stock Exchange’s 1000 Companies to Inspire Britain ^[10]
• Procter & Gamble Innovation Capability Award 2014 ^[11]
• India Business Law Journal LPO Awards 2009, 2010, 2011 and 2012 ^[12]
• EMC Transformers Award by IDG Media, 2012
• HR Excellence Award for Diversity by the Amity International Business School, 2011
• Deloitte Technology Fast 500 Asia 2006 and 2007 ^[13]
• NASSCOM IT Innovations Award for its Innovative Business Model ^[14]
• Top Pick for Boutique Asia/ Emerging Markets Expert Network Specialist by Integrity Research in 2008 ^[15]
• Marico Innovation Foundation Award for Business Model in 2008 ^[16]

Operating offices

• Gurgaon (suburb of New Delhi), India (Dec 2000): a center for research on Europe, India, the US, and the rest of the world
• Shanghai, China (Sep 2005): Evalueserve Business Consulting Co. Ltd., located to start operations and add local perspective regarding the East-Asian economies.
• Viña del Mar, Chile (Oct 2006): Evalueserve Chile S.A., serves the US timezone and to add local perspective regarding the Latin American economies. Provides 24/5 services in conjunction with India operations.^[17][18]
• Cluj-Napoca, Romania (Jul 2008): established to serve continental European markets in multiple European languages.
• Rheinbach, Germany (Aug 2014): center of excellence for business intelligence and data management solutions
• Raleigh, United States (Jan 2014): in January 2014, the company opened its Raleigh office to provide research and market analysis for the financial services sector and in the area of data analytics. Evalueserve plans to grow the office to about 400 employees by the end of 2017.^[19]

References