IT lifecycle assurance provider Maveric Systems eyes 30% growth from new/IP-led IT services

According to Maveric Systems, a provider of IT lifecycle assurance services, over one third of the IT budget of a company can be wasted on poor definition and management of IT requirements.

In an exclusive interaction with Infotech Lead, Mahesh VN, COO, Maveric Systems, said lifecycle assurance is important in organizations especially in BFSI because the ‘assurance’ layer acts as the bridge between business and IT, ensuring an optimal mix between defect prevention and defect detection.

With the time and investments on quality often being back loaded in the SDLC; the accountability of tangible program outcomes is fragmented. Thus, ‘IT Lifecycle Assurance’ is the proactive and continuous management of quality from requirements to release, Mahesh said.

Mahesh VN, COO, Maveric Systems

The BFSI industry, according to Maveric Systems, is a highly mature domain space; they understand the importance of IT lifecycle assurance; specifically requirements assurance and its downstream impact on projects. As these players operate in a highly complex environment with huge investments, short time to market and rigorous regulations; they need a trusted partner who can provide end to end accountability for their technology transformations.

Maveric Systems addresses the needs of clients by offering end-to-end IT lifecycle assurance solutions that ensure Requirements Assurance, Program Assurance and Application Assurance (testing).

Further, during large transformation projects “What to test?”, “When to test?” and “How much to test?” are perennial questions that plague stakeholders. Moreover, how does one balance risks with available timelines and resources?  Our services landscape helps balance risks with available timelines and resources providing a single “Assurance” window to support customers, Mahesh said.

Maveric solutions differ from other vendors in many ways, said Mahesh. “At Maveric, we manoeuvre on layer competencies with Assurance at the heart of delivery and the entire range of our innovative service offering is tightly aligned to the end-user segment. Our Assurance-only business model that brings diverse competencies under one umbrella is our biggest differentiator.”

“What sets us apart is that we partner our clients across the entire IT adoption lifecycle, from defining the requirement till the product goes live in the market. And we engage deeply with the client’s ‘Business’ in addition to ITneeds with our innovative IP-led solutions that are highly product centric and are tightly aligned with the BFS, Insurance and Telecom verticals,” he added.

Specifically, there are four factors that differentiate Maveric from other vendors:

  • Assurance-only: Complementing service model; independent end-to-end lifecycle assurance
  • Domain-specific: In-house domain specialists; domain knowledge built over years
  • Product-centric: Complex integration testing; expertise in multitude of products
  • Innovation-driven: Model based testing; business process-driven automation

Commenting on the latest trends sweeping enterprise IT, Mahesh said the evolution of digital technologies including cloud and mobile are forcing business to transform the way services are to be delivered. The integration of diverse applications on the cloud coupled with increasing mobile platforms on which they need to be deployed, poses new challenges and opportunities in the ‘assurance’ space. These technologies along with extensive adoption of social media are also leading to challenges relating to security and data Integrity.

‘Big Data’ involving the collation and analysis of unstructured and structured data is another growing area which is likely to require niche skill and competencies in the ‘assurance’ area.

Further, these digital trends pose serious questions relating to the nature of integration, security concerns, device and platform compatibility challenges and performance / scalability expectations. Addressing these needs calls for a relook at the way ‘assurance’ services and tools are packaged to be more holistic.

The evolution of digital technologies including cloud and mobile are forcing business to transform the way services are to be delivered. The integration of diverse applications on the cloud coupled with increasing mobile platforms on which they need to be deployed, poses new challenges and opportunities in the ‘assurance’ space. These technologies along with extensive adoption of social media are also leading to challenges relating to security and data integrity.

‘Big data’ involving the collation and analysis of unstructured and structured data is another growing area which is likely to require niche skill and competencies in the ‘assurance’ area.

These digital trends pose serious questions on the nature of integration, security concerns, device and platform compatibility challenges and performance / scalability expectations. Addressing these needs calls for a relook at the way ‘assurance’ services and tools are packaged to be more holistic.

With business units becoming more involved and taking ownership for requirements, selection of applications, governing project schedules and testing for acceptance before deployments, enterprises have begun to realize the true potential of an assurance partner.

The emergence of independent players to support this ‘assurance’ landscape is proof of the transformation that is being seen in this space, Mahesh added. Going forward, innovative offerings and solutions in this space could provide answers to some common challenges that include:

  1. Can I extract requirements from within applications in use; while I plan for my next upgrade / transformation?
  2. How do I ensure requirements are testable?
  3. Can Test Coverage be tracked to Business Process models and be easily reviewable by business users?
  4. Can design of tests provide for dynamic changes to release scope and plans of applications and their components?
  5. Can tests be mapped to application architecture to enable ‘root cause tracking’ of defects?

As an independent assurance only player, Maveric is among the top 3 specialist assurance firms in the Middle East, APAC and India regions, Mahesh said. We are targeting an aggressive growth rate of over 35 percent with increasing focus on the developed markets of UK, Europe and the U.S. and 30 percent of revenues from new / IP led services.

Rajani Baburajan

a[email protected]