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Undid revision 427523147 by Argondavid (talk) - Facts upheld by AAA and California Superior Court show Mr. Menon was the repr. for the 1st investor, and later became non-exec chairman.
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homepage = [http://www.ust-global.com/ www.ust-global.com]
homepage = [http://www.ust-global.com/ www.ust-global.com]
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'''UST Global''' headquartered in [[Aliso Viejo]], [[California]] is a provider of IT services. The company was founded in [[Laguna Hills, California|Laguna Hills]] in 1998 by G A Menon. G A Menon, an inspirational leader who first charted the course of UST Global. Through his distinctive legacy of values, he established the foundation to be the "best IT and BPO services company in the world".
'''UST Global''' headquartered in [[Aliso Viejo]], [[California]] is a provider of IT services. The company was founded in [[Laguna Hills, California|Laguna Hills]] in 1998 by Stephen J. Ross.

G A Menon was born in North Paravur in Ernakulam district, Kerala, South India. He majored in mathematics from Madras University and then graduated from Harvard Business School. He began his career as a Systems Manager with IBM in India. When IBM closed its India operations in 1978, he set up Multi Tech Systems, which then merged with Venture Manufacturing Singapore Ltd. in 1989. Venture Manufacturing is today one of the largest electronics manufacturing companies in the world.

He was also the Founder-Chairman of U.S.-based Magnecomp International. The company was a manufacturer of suspension assembly, an extremely high-precision component used in the read/write heads of hard disk drives used in computers. Magnecomp went public in Singapore in 1998. Today it is the world's second largest manufacturer of suspension assemblies with operations in the U.S., Hong Kong, China, Thailand, and Singapore.

At the time that he founded UST Global, G A Menon started another company, Toonz Animation in Los Angeles, USA. Later, Toonz Animation established a state-of-the-art animation studio, Toonz Animation India Pvt. Ltd., in Technopark Trivandrum, India. Toonz Animation is today the largest animation studio in southeast Asia.

He played a pivotal role in the formation of TiE Kerala, both from within India and from California. He contributed significantly to the formation of the Kerala Support Group in California, aimed at entrepreneurial development in his home state, Kerala.

In a life celebrated by corporate achievement, G A Menon was Chairman of 14 companies across the globe. G A Menon was a person who deeply influenced the world around him. His passing away in 2003 was, for us, an irreparable loss.

Every day, associates working across the U.S., India, Malaysia, and Europe set new standards in global IT sourcing and delivery. Every day, we surpass client expectations and set new benchmarks. Each of these milestones in services excellence reflects our founding vision.

We believe that enterprises have a responsibility to society. As a company, in all of our decisions, actions, and plans we honor this responsibility.


UST Global specializes in Healthcare & Insurance, Retail, Financial Services, Transportation & Logistics, Manufacturing & Automotive, Media & Entertainment and Utility & Energy.
UST Global specializes in Healthcare & Insurance, Retail, Financial Services, Transportation & Logistics, Manufacturing & Automotive, Media & Entertainment and Utility & Energy.

Revision as of 14:24, 10 May 2011

UST Global
Company typePrivate
IndustryIT Services
Founded1998
HeadquartersAliso Viejo, California
Key people
Dan Gupta, Chairman
Sajan Pillai, CEO
Number of employees
7500
Websitewww.ust-global.com

UST Global headquartered in Aliso Viejo, California is a provider of IT services. The company was founded in Laguna Hills in 1998 by Stephen J. Ross.

UST Global specializes in Healthcare & Insurance, Retail, Financial Services, Transportation & Logistics, Manufacturing & Automotive, Media & Entertainment and Utility & Energy.

UST Global partners with Oracle Corporation, IBM, Microsoft, SAP, Cisco and others. The company has offices in USA, India, UK, Malaysia, Philippines, and Singapore.

Services

File:IMG 0588 rs.jpg
Nila building which hosts UST Global office in Technopark, Thiruvananthapuram
  • Application Development and Maintenance
  • QA and Testing
  • Business Process Outsourcing
  • Mortgage BPO
  • Infrastructure Services
  • Consulting
  • Enterprise Solutions
  • Business Intelligence
  • Data Management

Timeline

Bhavani building which hosts UST Global office in Technopark, Thiruvananthapuram
Timo Glock's VR-01 on display in partner UST Global's Trivandrum office.
  • 1998: Stephen Ross Founded the company in California
  • 1999: Started Indian operations in Thiruvananthapuram
  • 1999: Acquired Pinnacle Consulting
  • 1999: Magnecomp International, a division of the Singapore Listed Magnecomp Corporation, acquires an interest in UST. G. A. Menon joins the board and becomes non executive chairman
  • 2000: Signed the first Fortune 100 customer
  • 2001: Becomes the fastest company to be accredited with SEI CMM level 5
  • 2003: Expanded operations with centers in Chicago and New York
  • 2004: Expanded operations with center in Malaysia
  • 2005: Acquired eBuilt Inc [1]
  • 2005: Assessed at SEI CMMI Level 5 and PCMM Level 5
  • 2005: Opened BPO operations in Chennai
  • 2006: Acquired QA Labs Inc[2]
  • 2006: Initiated European operations with set up of UK office
  • 2006: Acquired 36 acres (150,000 m2) of land for exclusive campus in Thiruvananthapuram[3]
  • 2007: Announced USD 130 million expansion plan[4]
  • 2007: Expanded operations with new centers in Kochi and Makati City
  • 2007: Entered the 2007 North American Offshore Applications Services Magic Quadrant
  • 2007: Ranked among Best Green Outsourcers of 2007
  • 2007: Profiled in Independent Research Firm Report on mid-tier Providers by Forrester Research, Inc
  • 2008: Ranked second on the 2007 Top 20 Outsourced Software Testing & QA Vendors Report
  • 2008: Ranked first for Legacy Modernization Services
  • 2008: Positioned among the 21 companies in the 2008 North American Offshore Applications Services Magic Quadrant
  • 2009: Established GenShare, a joint venture with GE
  • 2009: Expanded operations with new delivery centre in Chile
  • 2010: Partnered Virgin Racing Formula One team for the 2010 season[5]

UST Global campus

UST Global's campus model.
File:USTGlobal Campus 02.jpg
UST Global's campus model.

UST Global has started its expansion plans in Trivandrum with the construction of an own campus, near Technopark. The proposed campus is spread over 36 acres (150,000 m2). The campus will also feature a 12-acre (49,000 m2) waterbody channeling through the various blocks of the campus. The first phase of the campus is expected to be complete by end of 2011.[6]

Cisco will use its Smart+Connected Real Estate Solution to wire up the campus.[7] This will converge building, safety, and communications networks onto the open Internet Protocol (IP) standard, streamlining processes by providing a single connection for building management and IT systems. The IP-based network will reduce capital expenditure by simplifying building design and construction, and also enable building managers to reduce carbon footprint and build a sustainable and more energy-efficient environment. This will help the campus achieve a higher rating on the Leadership in Energy and Environmental Design (LEED) certification.[8]

Controversy

In early 2008, California arbitrators ruled that US Technology Resources, LLC must pay Stephen J. Ross US $7.5 million for his founding interest in the company. The company had disputed the extent of Ross's actual contributions. The arbitration award was then confirmed by the Los Angeles Superior Court and judgment entered in Ross' favor.[9][10].

References

  1. ^ US Technology to buy eBuilt - The Hindu Business Line
  2. ^ US Technology acquires QA Labs - The Hindu Business Line
  3. ^ Measures to create more IT jobs
  4. ^ UST Global parks $130 m in Technopark, eyes South's tier-2 cities
  5. ^ UST Global to partner Virgin Racing for F1
  6. ^ http://www.deccanherald.com/content/92918/ust-global-amp-cisco-pact.html
  7. ^ http://www.thehindubusinessline.com/2010/08/31/stories/2010083151881900.htm
  8. ^ http://biztech2.in.com/india/news/enterprise-solutions/cisco-transforms-ust-globals-campus-into-a-smart-campus/90862/0
  9. ^ Holland & Knight Secures $7.5 Million Award for Steve Ross in Arbitration Over Interest in IT Outsourcing Company
  10. ^ "Breach of contract, capital contributions, final buy-out". Los Angeles Daily Journal. 22 February 2008.
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