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UST (company)

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UST Global
Company typePrivate
IndustrySoftware Services
Founded1998
HeadquartersAliso Viejo, California
Key people
Dan Gupta, Chairman
Sajan Pillai, CEO <br\>
Number of employees
~6000 (As on 1st January 2008)
Websitewww.ust-global.com

UST Global (previously known as US Technology Resources, LLC) is a provider of end-to-end IT services and business process outsourcing solutions for Global 2000 companies. The company has been recognized in the press for its success in IT outsourcing, and at present has more than 5000 employees, many of them based in India. The company was founded in Laguna Hills, California in 1998 by Steve Ross.

Corporate Milestones

  • 2007 UST Global announces $130 million expansion plan [5].
  • 2007 UST Global expands operations with new centers at Kochi, India and Makati City, Philippines
  • 2007 UST Global is included in the 2007 North American Offshore Applications Services Magic Quadrant
  • 2007 UST Global ranked Among Best Green Outsourcers of 2007
  • 2007 UST Global is Profiled in Independent Research Firm Report on Midtier Providers by Forrester Research, Inc

Community Initiatives

The company operates a charitable organization called ThejUS which provides services to needy persons.

Awards and Standards

UST Global was assessed by KPMG at SEI CMMI Level 5 and P-CMM Level 5 for its global operations. The People CMM helps organizations characterize the maturity of their workforce practices, establish a program of continuous workforce development, set priorities for improvement actions, integrate workforce development with process improvement, and establish a culture of excellence.

In September 2006, UST Global received its ISO 27001 certification—recognizing the company’s information security initiative. ISO 27001 aims to ensure that adequate controls addressing confidentiality, integrity and availability of information are in place to safeguard the information of its clients. This certification was renewed in April, 2007.


Controversy

In early 2008 a California arbitrator ruled that US Technology Resources, LLC must pay Stephen J. Ross $7.5 million for his founding interest in the company. US Technology had disputed the extent of Ross's actual contributions [6][7].

References

  1. ^ "US Technology Resources, LLC: Company Overview". BusinessWeek. Founded in 1998. Key Executives: Mr. Satendra M. Gupta, Chairman. Mr. Sajan Pillai, Chief Executive Officer. Mr. Tony Velleca, Chief Information Officer. Mr. Mike Zerkel, Vice President of Sales & Marketing
  2. ^ US Technology Resources, LLC. "Tribute to our Founder: Remembering G A Menon (1931 - *2000 Signed the first [[Fortune 100]] customers *2001 Becomes the fastest Company to be accredited with [[Capability_Maturity_Model|SEI CMM level 5]] *2003 Expanded operations with centers at [[Chicago]] and [[New York]] *2003)". UST Global website. At the heart of UST lives the vision of one man: G A Menon, an inspirational leader who first charted the course of UST. {{cite web}}: URL–wikilink conflict (help); line feed character in |title= at position 55 (help)
  3. ^ US Technology to buy eBuilt - The Hindu Business Line
  4. ^ US Technology acquires QA Labs - The Hindu Business Line
  5. ^ UST Global parks $130 m in Technopark, eyes South's tier-2 cities
  6. ^ Holland & Knight Secures $7.5 Million Award for Steve Ross in Arbitration Over Interest in IT Outsourcing Company
  7. ^ "Breach of contract, capital contributions, final buy-out". Los Angeles Daily Journal. 22 February 2008.
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