Maveric Systems,IIT Madras Research Park announce tie-up

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Chennai, Aug 13 (UNI) Maveric Systems, a dedicated software testing company with a strong presence across UK, USA, Middle East and Indian Markets, today announced tie-up with IIT Madras Research Park.

Through this collaboration, Maveric Systems becomes the only testing company to invest one million US Dollar (over a span of three years) in research to create proprietary intellectual property in test design to consolidate its leadership position in testing, a company release here claimed.

Elaborating on the initiative, Mr V N Mahesh, Executive Director, Maveric Systems said, "Maveric Systems has set itself an aggressive goal of generating 30 per cent of revenues from IP-based services by 2012. This alliance will help us further accelerate our research and development to achieve this targeted goal." Innovation across the testing delivery lifecycle was required not only for growth but also to constantly adapt to the ever-changing landscape of the testing domain, he said.

The IIT Madras Research Park was a pioneering initiative to co-locate about 100 companies with IIT Madras in order to give R &D and innovation a significant thrust through industry-academia collaboration.

In the Software Testing space, there was immense potential in fostering and participating in various research initiatives outlined by Maveric and value their presence as an important partner in building the innovation ecosystem at the Research Park, said Dr Sandhya Shekhar, CEO IIT Madras Research Park.

This partnership is expected to provide impetus to a slew of initiatives aimed at Quality and Productivity Improvement being planned by the Automation and Functional Centres of Excellence (CoEs) within Maveric, she said.

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