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Company also ranked No. 1 globally in IT infrastructure outsourcing for Mid Tier clients
SOUTHFIELD, Mich., Aug. 19 /PRNewswire-FirstCall/ -- TechTeam Global, Inc., (NASDAQ:TEAM) today announced that it has been named No. 1 globally in help desk outsourcing across both Tier 1 and Mid Tier customers in the Black Book of Outsourcing 2009 Survey on Top Infrastructure Management Outsourcing Vendors. Across the broader scope of information technology (IT) infrastructure outsourcing, TechTeam was named the No. 1 vendor globally for Mid Tier customers. The report classifies Tier 1 customers as organizations with revenues greater than $1 billion and Mid Tier customers as organizations with revenues between $500 million and $1 billion.
To determine these satisfaction rankings, Black Book collected evaluations from 3,175 customer respondents covering 18 performance areas related to operational excellence. The data was subdivided by customer industry, size, geography and function outsourced, producing vendor rankings by those categories. More than 140 IT outsourcing vendors were evaluated.
"TechTeam placed well in our survey last year and has advanced its rankings significantly this year," said Doug Brown, partner of Brown-Wilson Group and co-author of the Black Book of Outsourcing. "Of the 18 performance areas evaluated, TechTeam ranked number one in nine. This is quite an accomplishment."
"Our customers have spoken for us and I thank them deeply for their support," said Gary J. Cotshott, president and chief executive officer of TechTeam Global, Inc. "I am proud of our ranking overall, but I am particularly proud that our customers rated us first in key categories such as 'trust,' 'innovation,' 'value add,' 'best of breed technology and process improvement,' and 'likely to recommend.'"
"These results are a testament to the strength and commitment of our team across the globe," Cotshott added. "It is through their tremendous efforts and dedication that we are able to deliver superior business value for our customers."
About Black Book and Datamonitor/Orbys
The Black Book of Outsourcing (Wiley Publishers) has retained global bestseller status on the business subject of outsourcing since first published in 2004. The survey of over 30,000 outsourcing users globally is conducted to assess client experience and customer satisfaction with their managed services vendors annually from March through May. Black Book Research, became a wholly owned subsidiary of Datamonitor in April 2009. Co-branded with Datamonitor's sourcing consulting division, Orbys, Black Book Research can now be accessed both through the book's Web site http://www.theblackbookofoutsourcing.com/ and the Datamonitor Research Store at http://www.datamonitor.com/
About TechTeam Global, Inc.
TechTeam Global, Inc. is a leading provider of IT outsourcing and business process outsourcing services to large and medium businesses, as well as government organizations. The company's primary services include service desk, technical support, desk-side support, security administration, infrastructure management and related professional services. TechTeam also provides a number of specialized, value-added services in specific vertical markets. Founded in 1979, TechTeam has nearly 3,000 employees across the world, providing IT support in 32 languages. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM." For more information, call 800-522-4451 or visit http://www.techteam.com/.
Safe Harbor Statement
The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially from those expected because of various known and unknown risks and uncertainties, including, but not limited to, the inability to predict how this survey placement will affect the Company's sales and marketing efforts. These and other risks are described in the Company's most recent annual report on Form 10-K and subsequent reports filed with or furnished to the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements.
TechTeam Global, Inc. Boscobel Marketing Communications
Chris Donohue Jessica Klenk
VP, Global Strategy & Marketing (301) 588-2900 Ext. 121
(248) 357-2866
DATASOURCE: TechTeam Global, Inc.
CONTACT: TechTeam Global, Inc., Chris Donohue, VP, Global Strategy &
Marketing, +1-248-357-2866, ; Boscobel Marketing,
Communications, Jessica Klenk, +1-301-588-2900 Ext. 121,
Web Site: http://www.techteam.com/