05 March, Dhaka— Southtech Limited today announced that it has been appraised at Level 5 of the CMMI Institute’s Capability Maturity Model Integration (CMMI)®. This rating is the highest possible benchmark that can be attained under CMMI’s framework for process improvement for any software company.
Southtech achieved this rating without any government or external financial support and is the third company in Bangladesh to achieve this prestigious milestone; one that is shared by only 474 elite companies worldwide.
Southtech Limited is one of the largest ISO 9001:2008 certified (by URS, UK) and now CMMI L-5 appraised software companies in Bangladesh. Having been in the industry for more than 20 years, Southtech has successfully provided IT solutions to companies both nationally and internationally.
Its flagship products have been implemented in companies like Pact Global Microfinance Fund, BRAC, BdREN UGC, Eastern Bank Limited, AB Bank, National Pension & Provident Fund of Bhutan, BC Finance Myanmar, Premier Bank, Bhutan Development Bank, SOAS University of London, and many more.
“This is a great achievement. Attaining CMMI Level 5 is a very significant milestone towards quality and excellence. This rating confirms that the biggest beneficiaries will be our valued customers. Enhanced quantitative project management techniques will ensure a much higher level of predictability in terms of quality delivery”, said Mr. Syed Mamnun Quader, Managing Director & CEO of Southtech Group. He added, “I am very proud of my team – they have helped Southtech grow from strength to strength to this level of maturity. I am happy that they have now embraced the CMMI standards into their daily practice. It demonstrates their passion to offer our customers the highest standards of quality, reliability and timeliness. This rating helps open doors in many different areas and I am excited about what the future holds for us.”
CMMI is a capability improvement framework that helps organizations improve their performance by comparing its operations to best practices and identifying performance gaps. An appraisal at maturity level 5 indicates that an organization continually improves its processes by quantitatively understanding its business objectives and performance needs.
“Continuous improvement is one of the core cultural components in Southtech. We were appraised CMMI L3 for third time in a row since 2008. It is satisfying to know that our process capabilities and practices are now formally recognized as Highly Matured. We shall continue on this path of constant progress well into Southtech’s future”, stated Head of Quality Assurance Department, Mr. Shihab Sayeed.
Mangesh Katalkar, Associate Director, Business Excellence, KPMG India said, “Maturity Level 5 indicates that Southtech Limited’s Software Development Projects are performing at a ‘optimizing level’ with well characterized processes that are understood and demonstrated by the practitioners. With this accomplishment, Southtech Limited has not only joined an elite group of CMMI-Dev ML5 appraised organizations but has also instilled their quest towards continuous process improvement.” Mangesh Katalkar is CMMI Institute certified High Maturity Lead Appraiser.