Mastech Digital

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Mastech Digital
Company typePublic
NYSE: MHH
IndustryProfessional Services
Founded1986[1]
FounderAshok Trivedi[2] Sunil Wadhwani[3]
HeadquartersPittsburgh, U.S.
Number of locations
11
Area served
United States, Canada, & India
Key people
Vivek Gupta, President & CEO [4] John Cronin, CFO [5]
ServicesData Management & Analytics, Salesforce, SAP HANA, Digital Learning, and IT Staffing
RevenueIncrease US $147.8 million (2017)[6]
US $1.62 million (2017)[6]
Total assetsUS $99 million (2017)[6]
Number of employees
1,564[7]
Websitewww.mastechdigital.com

Mastech Digital, Inc., simply referred to as Mastech Digital, is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America.[1]

History

Mastech Digital, Inc. was founded in Pittsburgh, PA in 1986, and was originally known as Mastech Holdings, Inc. The company became listed on Nasdaq in 1996.[8]

In 2000, the company’s name was changed to iGate Capital Corporation, and was split into nine separate business units.[9] Mastech Holdings, Inc., which became one of the units, was spun off as a separately-listed company in 2008, with revenue close to USD $100 million.[10]

In May 2015, Mastech Holdings, Inc. announced its plan to acquire the US IT staffing business of Hudson Global Inc. The deal was finalized in June of the same year, and valued at USD $17 million.[11]

Mastech Holdings, Inc. changed its name to Mastech Digital, Inc. in September 2016. The company stated its name change was “part of its re-branding initiative to reinforce the message that it is fully committed to the world of “digital” – which includes social, mobility, analytics, and cloud; automation; and Internet of Things technologies."[12]

On July 7, 2017 Mastech Digital entered into an agreement to acquire InfoTrellis, Inc., a Canada-based information management consulting and technology services company that provides project and consulting services in master data management, data integration, and big data. The deal was finalized on July 13 and valued at USD $55 million.[13][14][15] The acquired entity was renamed as Mastech InfoTrellis, as a business unit under Mastech Digital.

Key Services

Mastech Digital, Inc. provides digital transformation services, such as consulting and project-based services in Data Management and Analytics, Salesforce, SAP HANA, and digital learning.[1] It also offers a range of IT staffing services across mainstream technologies as well as digital technologies.

The company provides IT services across several unique industry verticals. This includes the automotive, education, consumer products, government, financial services, retail, healthcare, manufacturing, telecommunications, transportation, technology, and utilities industry.[1]

The Data Management & Analytics practice consists of project-based consulting and solutions across Master Data Management, Data Integration, and Big Data and Analytics, in partnership with companies like IBM and Informatica among many others.

The Salesforce practice operates as a Salesforce Registered Consulting Partner and can be found on the Salesforce AppExchange within its partner listing.[16]

The SAP HANA practice helps companies in their implementation of the SAP platform, and the Digital Learning practice provides service experts to help companies increase performance across teams.

Mastech Digital also offers a range of IT staffing services across mainstream technologies, as well as digital technologies.

Locations

Mastech Digital has offices in Pittsburgh, PA, Boston, MA, Tampa, FL, Lake Mary, FL, Dallas, TX, Austin, TX, Fremont, CA, Chicago, IL, Toronto, Canada, Noida, India, and Chennai, India.

Awards

  • Mastech Digital receives TechServe Alliance's Annual Excellence Award; Outstanding Productivity & Improvement in IT & Engineering Staffing and Solutions, 2017.[17]
  • Vivek Gupta, CEO, ranks amongst the 100 Most Influential Leaders in the Staffing Industry by Staffing Industry Analysts, 2016 & 2017.[18][19][20]

References

  1. ^ a b c d Editorial, Reuters. "Company Profile for Mastech Digital". IN. Retrieved 2018-04-23. {{cite web}}: |first= has generic name (help); Cite has empty unknown parameter: |dead-url= (help)
  2. ^ "Ashok Trivedi, Mastech Digital Inc: Profile & Biography". Bloomberg.com. Retrieved 2018-04-23. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ "Sunil Wadhwani, Mastech Digital Inc: Profile & Biography". Bloomberg. Retrieved 2018-04-23.
  4. ^ Editorial, Reuters. "Vivek Gupta Profile | Quotes | Reuters.co.in". IN. Retrieved 2018-04-23. {{cite web}}: |first= has generic name (help); Cite has empty unknown parameter: |dead-url= (help)
  5. ^ Editorial, Reuters. "John Cronin Profile | Quotes | Reuters.co.in". IN. Retrieved 2018-04-23. {{cite web}}: |first= has generic name (help); Cite has empty unknown parameter: |dead-url= (help)
  6. ^ a b c "MHH Financial Statements - Mastech Digital Inc. - Wall Street Journal". quotes.wsj.com. Retrieved 2018-04-23.
  7. ^ CHENGAPPA, SANGEETHA (2017-10-08). "Mastech Digital In Expansion Mode". The Hindu Business Line. Retrieved 2018-04-23.
  8. ^ "Mastech Files for Stock Sale". www.bizjournals.com. Retrieved 2018-04-23. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  9. ^ "Mastech to split 9 ways - Mar. 7, 2000". money.cnn.com. Retrieved 2018-04-23.
  10. ^ Reporter, B. S. (2008-09-09). "iGate to hive off Mastech". Business Standard India. Retrieved 2018-04-23.
  11. ^ "Mastech Holdings to buy Hudson Global's IT staffing business; First Commonwealth Bank buying First Community Bank". Pittsburgh Post-Gazette. Retrieved 2018-04-23.
  12. ^ "Mastech Holdings rebranding to Mastech Digital". www2.staffingindustry.com. Retrieved 2018-04-23.
  13. ^ "Mastech Digital acquires InfoTrellis in $55 million deal". www2.staffingindustry.com. Retrieved 2018-04-23.
  14. ^ "Mastech Digital Buying Infotrellis". www.bizjournals.com. Retrieved 2018-04-23. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  15. ^ "Mastech buys Canadian company InfoTrellis' business for Rs 357 crore". The Economic Times. 2017-07-08. Retrieved 2018-04-23.
  16. ^ "Mastech Digital | A Digital Transformation Services Company - Mastech Digital (SI Partner Main) - AppExchange". appexchange.salesforce.com. Retrieved 2018-04-27.
  17. ^ "Awards | TechServe Alliance". www.techservealliance.org. Retrieved 2018-04-24.
  18. ^ Reporter, India-West Staff. "Mastech Digital CEO Vivek Gupta Among 'Most Influential' Staffing Leaders". India West. Retrieved 2018-04-27.
  19. ^ "Vivek Gupta – The Staffing 100". si100.staffingindustry.com. Retrieved 2018-04-27.
  20. ^ "Vivek Gupta – The Staffing 100". si100.staffingindustry.com. Retrieved 2018-04-27.
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