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Evalueserve is also the first KPO to have multiple delivery locations, with operations centres in India and China – two of the world’s most rapidly growing economies.

Evalueserve’s Chilean operations will start with an offering of investment research services, including equity research and financial modelling on behalf of global investment banks.


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Evalueserve Expands Global Presence –The First KPO to Set up Operations in Chile

Gurgaon, India – 19 December 2006: In a strategic move to capture the huge potential market and offer a global delivery platform, Evalueserve has opened a Latin American operations centre in Chile. The company is the first Knowledge Process Outsourcing (KPO) firm to invest in a delivery centre for the region.

Evalueserve is also the first KPO to have multiple delivery locations, with operations centres in India and China – two of the world’s most rapidly growing economies.

The Chilean delivery centre is expected to start operations in December 2006 with approximately 15 employees. Evalueserve plans to employ 120 professionals in Chile by 2008, and subsequently add around 60 professionals every year.

“The company believes the country could represent 10 percent of global revenues by 2008, and also add business for the India and China operations,” said Robert Daigle, Vice President Sales and Marketing, Evalueserve.

Evalueserve’s Chilean operations will start with an offering of investment research services, including equity research and financial modelling on behalf of global investment banks. The company's service offerings at its other delivery centres include investment research, business research, data and financial analytics, market research, and intellectual property research.

Knowledge Process Outsourcing (KPO) has been defined as offshoring of knowledge-intensive business processes that require specialised domain-based expertise. Revenue from the global KPO market was USD 1.2 billion in 2003 and is expected to grow to USD 17 billion by 2010, with annual growth of 46 percent.

"KPO is a high growth industry and we are one of the largest players. Our plan is to grow to about 2,500 or 3,000 people in two years. We also are considering opening a delivery centre in Eastern Europe in the future, thereby continuing our plans to provide a seamless global delivery platform," said Robert Daigle.

Evalueserve has served more than 1000 clients worldwide and completed over 10,000 projects covering multiple industry segments, including the financial services, hi-tech, pharmaceutical and biotechnology, energy, consumer goods, automotive and manufacturing industries.

About Evalueserve

Evalueserve offers high-quality knowledge services in Investment Research, Business Research, Intellectual Property, Market Research, and Data and Financial Analytics to clients worldwide. Founded in 2000, it has operations centres in India, China and Chile, and a strong sales presence across all major global locations. Evalueserve won several awards in 2006, including the Red Herring Asia Top 100 Award, the NASSCOM IT Innovation Award for Business Model Innovation and the Deloitte Fast 500 APAC Award.

To learn more about Evalueserve, please visit www.Evalueserve.com

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