CIeNET Listed as a Top Vendor of China-based Offshore Software Development for North America & Europe Markets

CIeNET, a leading technology service provider, is pleased to announce its ranking as a top 10 China-based offshore software development vendor for North America and Europe markets as measured by 2012 revenue according to International Data Corporation (IDC).

“We are pleased to be ranked as one of top China-based offshore software development companies for North American and European markets. Being recognized by IDC for CIeNET’s performance is meaningful to our team, our shareholders, and our clients,” said Dr. Jeff Fang, CIeNET Chairman and Chief Executive Officer. “CIeNET started to work with industry-leading clients in Europe and North America since our founding in 2000 and have fostered long-term relationships with them with an established reputation for on-time, high-quality deliverables. We will continue to invest in innovation and continue to map out our strategy for the industry-leading services and create more customer value.”

IDC releases the annual “China-based offshore software development analysis and forecast” report to analyze the current market situation as well as identify leading vendors. In this year’s report, IDC highlights the rapid development and sharp transformation of the China outsourcing market in 2012. As a result of dynamic mergers and acquisitions, buyouts and joint ventures, Chinese vendors realize they no longer have cost advantages and are focused on building core competences by providing the value-added and efficient services.

"China-based outsourcing firms have already reached the point of using customer requirements as a guide for innovation, as opposed to focusing solely on building scale. They are increasing the percentage of innovative services on top of their traditional steady outsourcing services," says Samuel Li, senior analyst, IDC China.

Besides traditional IT outsourcing services, CIeNET has extended its expertise to the fast growing cloud-based segment and automotive IVI solutions that deliver the latest and  total-solution service models to customers. In addition, CIeNET continues to build on its core competence and value-add services by developing the best in-class engineers and architects and expanding its service offerings beyond traditional outsourcing services.