Hexaware Technologies Achieves CMMI Level 5 Status During Latest Assessment - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 22, 2014 Newswires
Share
Share
Post
Email

Hexaware Technologies Achieves CMMI Level 5 Status During Latest Assessment

PR Newswire Association LLC

JAMESBURG, N.J., April 22, 2014 /PRNewswire/ -- Hexaware Technologies, a leading global provider of IT, BPO and consulting services, today announced that it has been re-assessed at a Level 5 of the Capability Maturity Model Integration (CMMI), using the multi-model approach for Development and Services version 1.3. The scope of the assessment covers software development, maintenance, testing, production support and infrastructure management services in its centers in India and Mexico. Hexaware was evaluated by a High Maturity Lead Appraiser and followed the rigorous SCAMPI-A approach from the Software Engineering Institute (SEI). The appraisal result was accepted by the SEI on March 6, 2014. Projects at delivery centers in Saltillo, Mexico and Mumbai, Pune, Bangalore and Chennai, India were assessed to identify strengths and opportunities for improvement. 

A Level 5 is accorded only to those organizations that exemplify the highest levels of process maturity, quality and innovative practices in managing projects. At CMMI Level 5, organizations are able to set quantitative goals for operating performance and use advanced prediction techniques to manage that performance. Organizations at this level of maturity have predictable levels of cost, quality, service levels and productivity as compared to their competitors.

With this Level 5 distinction, Hexaware reiterates its focus on improvement in all services related to the development and maintenance of software. Diverse projects from major verticals, including those in Travel and Transportation, Healthcare, Banking, Capital Markets, Insurance, Retail and Manufacturing were covered in the appraisal, and will continue to evolve to meet customer needs.  

"We are honored and excited to offer our customers the continued reliability of our services, with the added promise of a CMMI Level 5 distinction," said Ramanan R V, Executive Director and President Global Delivery, Hexaware Technologies. "We are continuously improving our processes and monitoring how better to serve our customers' needs. With the CMMI-5, we know that we'll be able to deliver on that promise, and continue to improve our service-level accuracy, predictability and lead time."

"Hexaware was found to be the 10th organization in the world, and only the second in Mexico to receive a CMMI Multi-Model Version 1.3 Level 5 distinction," said Rajiv Pant, President North America Operations, Hexaware Technologies. "With so many companies attempting to reach a Level 5, and so few in the world actually achieving it, we know that this assessment holds that much more significance to our organization and to the customers we help every day."

CMMI is a process improvement framework that guides organizations in software and systems development, acquisition, and service delivery to create high-performance, high-maturity cultures. CMMI is the result of more than 20 years of ongoing work at Carnegie Mellon University by members of industry, government, and the SEI.

About Hexaware Technologies

Hexaware is a leading global provider of IT & BPO services and consulting. The company focuses on key domains such as Banking, Financial Services, Insurance, Travel, Transportation, Logistics, Life Sciences and Healthcare. Our business philosophy, "Your Success is Our Focus," is demonstrated through the success we ensure for our clients. Hexaware focuses on delivering business results and leveraging technology solutions by specializing in Business Intelligence & Analytics, Enterprise Applications, Quality Assurance and Testing, Remote Infrastructure Management Services and Legacy Modernization. Founded in 1990, Hexaware has a well-established global delivery model armed with proven proprietary tools and methodologies, skilled human capital and SEI CMMI-Level 5 certification. For additional information, log on to www.hexaware.com.

SOURCE Hexaware Technologies

Wordcount:  566

Advisor News

  • The overlooked retirement security risk that must be addressed
  • What advisors should know about hedge funds in retirement planning
  • Retirement control is top success measure for middle class, ACLI says
  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
More Advisor News

Annuity News

  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
  • What’s fueling record annuity growth?
  • Jackson Named InvestmentNews 2026 Annuities Provider of the Year
More Annuity News

Health/Employee Benefits News

  • How health insurers get a free pass to deny coverage from a 52‑year‑old law meant to protect worker pensions
  • Reports from Capital One AG Describe Recent Advances in Managed Care (Factors Affecting Medical Appointment Adherence among Adolescents and Young Adults with Kidney Disease: A Longitudinal Cohort Study): Managed Care
  • Studies from University of Alabama Further Understanding of Neurology (Understanding stroke caregiving in rural contexts: a qualitative study of family caregivers’ cultural values, coping behaviors, and technology use): Health and Medicine – Neurology
  • New state law will create more transparency of dental insurance benefits
  • Rob Sand pledges to reverse Iowa Medicaid privatization
More Health/Employee Benefits News

Life Insurance News

  • NAIFA praises House committee approval of Clarity for Compensation Act
  • PHL Variable liquidation pushed out to 2027, Connecticut regulators say
  • ‘Recession-Proof’ Insurance Is Trending. Safety Net or Scam?
  • Winged Keel Group Expands National Presence and PPLI Leadership, Welcomes SBSI, Inc. (dba NFP Insurance Solutions)
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

A MYGA for Clients Hesitant to Commit to One Long-Term Rate
First-year certainty. Annual rate updates. Get the CurrentRate® MYGA Sales Kit.

Elite Networking & Insights Await at the Event of the Year
The industry's premier conference for leaders driving what’s next in financial services.

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet