Glow Networks exceeds 300% growth in 3 years, projects robust revenues in 2006
May 15, 2006 (PRLEAP.COM) Business News
Richardson, Texas: Glow Networks (www.glownetworks.com), a research, consultancy and engineering firm providing end-to-end network services and solutions for the telecom market, has reported an astounding 300%-plus growth in the three-year period 2003-2005. Revenues more than tripled from 2003 to 2005. The company is anticipating another excellent year in 2006.
"The last three years have been extremely exciting with the frantic pace of growth that we have set and achieved,"says Dr.Jay Srinivasan, founder and President of Glow Networks.
"Not only have we successfully added more top telecom equipment vendors to our customer portfolio, but also managed to deepen our strong relationships with existing clients. This has helped us create new revenue streams with our wide range of services and solutions that are designed to support the entire life cycle of networks and applications."
Glow Networks, which achieved the TL 9000 and ISO 9001 certifications in 2004, was recently recognized for the quality of their services by both Nortel and Alcatel.
Nortel named Glow Networks its "Diversity Supplier of the Year" at the annual Nortel Networks Supplier Forum in March, an event attended by the latter’s 160 top strategic and preferred suppliers. In its citation during the award presentation, Nortel commended Glow Networks for providing “qualified, capable resources and services”. It acknowledged Glow’s service capabilities to execute key projects in India and Pakistan in addition to its support in North America, where it was recognized as the top performing “North America Order Engineering Services Supplier” with top scores for all performance criteria.
Alcatel also nominated Glow Networks as its "Minority Business Supplier of the Year Class 3 with the Minority Business Development Council- DFW Chapter", a significant honor considering Alcatel’s commitment to Minority Owned Enterprises.
"We are proud to be the highest rated engineering partner for our customers," says Srinivasan. "It is a testament to the extent and quality of our services as well as the competence and quality of the 160-plus engineers/consultants that are part of our team."
Marking itself as a new breed of professional services firms is Glow Networks’ customer-oriented and results-driven approach. While its services are in the realm of high technology, the company considers itself in the business of helping its clients make and save money. The company not only guarantees results but also ties fees to the successes of its engagements with clients.
"With our exclusive focus on networks and the core ingredients that are essential to network performance, a diverse array of services catering to the entire network lifecycle, a growing and impressive client roster and most importantly, an unflinching commitment to deliver value to our clients, we are well positioned to continue our growth rate for the next few years. We are extremely committed to improving the operational and financial performance of network technologies to help our valued clients make and save money and will continue to work towards this goal," says Srinivasan.
Media Inquiries
Dev Sridharan
Tel: 972 699 1994
E-mail: dsridharan@glownetworks.com
Business Inquiries
Dan Bujold
Tel: 972 699 1994
E-mail: dbujold@glownetworks.com
About Glow Networks
Founded in 1999, Glow Networks (www.glownetworks.com) is a privately-held, Minority Business Enterprise headquartered in Richardson, Texas. Exclusively focused on networks and the core ingredients that are essential to network performance, the company provides end-to-end research, consultancy and engineering services with the aim of improving operational and financial performance of network technologies. With a team of over 160 engineers & consultants, the company caters to the entire lifecycle of networks from analysis to design, deployment, optimization and management. The TL 9000- and ISO 9001- certified company is a preferred supplier to many of the leading telecom equipment vendors. Glow Networks is the recipient of the "Diversity Supplier of the Year" award from Nortel and a nomination for the "Minority Supplier of the Year" award from Alcatel for 2005.