Posts Tagged ‘Ciklum’

Ciklum today announced it was sponsoring the 2010 UK and Ireland Tech Tour

February 13th, 2010

Event Pairs Most Promising Emerging British and Irish Technology Companies with Global Venture Capital Resources

Ciklum today announced it was sponsoring the 2010 UK and Ireland Tech Tour, which will be held April 27-29 in London and Dublin. The Tech Tour will pair the most promising high-growth, early- and expansion-stage technology companies with representatives from the global venture capital world for strategic advice and potential funding. The funds that will be present at the Tour represent over €10 billion worth of investment capital.

The Tech Tour will see companies spanning a variety of technology sectors in England, Scotland, Wales, Northern Ireland and the Republic of Ireland competing to become one of 30 participants chosen from a pool of 250 applicants. Applicants will be assessed on the uniqueness of their technology, the strength of their business model, vision, capability to execute on the business plan and the quality and track record of their management.

Henrik Bak, Ciklum VP of Sales, comments: “Most of Ciklum´s 100 clients are successful IT growth companies that often started small but have become their respective industries’ technology leaders. At Ciklum we have specialized in helping IT growth companies setting up their own software development at a nearshore location, which gives advantages equivalent to in-house development, but at a significantly lower cost – something that is important for success of such ventures. We look forward to the opportunity to share the experience gathered with hundreds of successful software growth companies over 8 years with tomorrow’s winners on the UK IT scene.”

Victor Basta, President of UK & Ireland Tech Tour, said: “Our sponsors play a vital role in the running of this key event, and we thank them for their participation and generosity. The Tech Tour will identify the cleverest and most resilient emerging companies in the UK and Ireland – companies that have weathered and even thrived during the downturn. It’s no exaggeration to say these companies have the potential to be the global technology leaders of tomorrow.”

Source:http://7thspace.com/headlines/335052/ciklum_today_announced_it_was_sponsoring_the_2010_uk_and_ireland_tech_tour.html

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Ciklum Buys Main Activities from Mondo’s Bankruptcy

December 14th, 2009

On the 7th of December 2009 Ciklum ApS has signed an agreement with the liquidator of Mondo A/S (www.mondo.dk) to take over the main part of Mondo’s remaining business activities. This purchase concerns Mondo’s outsourcing business which includes 150 employees in Denmark, Ukraine and Pakistan, and some Danish and a few foreign customers.

The transfer began on the 7th of December and most of the projects are already fully functional. The customers are no longer affected by the disruption which the bankruptcy has caused over the last week.

Ciklum is already a well-known professional outsourcing services provider with 700 employees primarily in Ukraine so it sees the acquisition of 150 new employees and the continuation of the work to be easily consummated before Christmas. Ciklum’s organic growth just in November was 26 people, giving confidence for Torben Majgaard, Ciklum CEO to expect 1000 employees headcount already in Q2 2010.

Ciklum is working almost exclusively with long term contracts, where customers have their own development teams. “We ensure a high degree of networking among our customers so that they learn from each other. With the new customers of Mondo this networking will be even better for both the existing and newly arrived customers,” says Mr. Majgaard.

“In our industry it is important to be focused, have a good control over the costs and skills. We see the acquisition of Mondo’s activities to strengthen us so that we in 2010 can provide an even better service to all our customers,” concludes Torben Majgaard.

Source : http://www.yachtchartersmagazine.com/node/1218939

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