D&B SME Awards 2014

D&B Excellence award for IT & IT Enabled Services


NEW DELHI, INDIA – November 24, 2014—The Times Group, Federal Bank, and Dun & Bradstreet (D&B) have an annual awards initiative to recognise and felicitate SMEs who have demonstrated exemplary performance in their respective fields. Chennai-based Gislen Software was selected as an Award Winner in the SME Segment for excellence in the IT and IT-enabled services sector.

The awards felicitated 27 of India’s leading Small and medium enterprises for their significant achievements and contributions over the years. These 27 awardees, representing various SME sectors, were shortlisted from 100,000 companies contacted and 4,000 nominated. Gislen Software was one of three companies from the IT & IT-enabled services sector.

The award was presented at a grand ceremony at the Hyatt Regency in New Delhi, attended by eminent business leaders and senior government officials, including Shri Jayant Sinha, Minister of State for Finance, Government of India. The awards event was accompanied by the release of the publication “Leading SMEs of India 2014.” The publication profiles leading SMEs and mid-corporates, including the award winners.

The award was presented to Gislen Software by Shri Jayant Sinha, Honourable Minister of State, Ministry of Finance, Government of India, Mr Abraham Chacko, Executive Director, Federal Bank Limited and Mr Kaushal Sampat, President & CEO – India, Dun & Bradstreet.

Ms Vanitha Venugopal, Head of Software Development at Gislen Software, who received the award on behalf of Gislen Software, said, “It is a great honour for me to accept this award on behalf of Gislen Software. At Gislen Software, we have always had a strong belief that we must stand on our toes to serve, walk the extra mile, and add the finishing touch both for our clients, our employees, and society as a whole.”

She continued, “It is gratifying for our company to be honoured with this award, and we thank the jury and the organisers for selecting us. This award is a welcome recognition of its significant effort to excel and stand out as a leader in our field. We believe that our hard effort to serve our clients and our contribution to society in the way of CSR and environmental initiatives have helped us this far to grow, generate substantial profit, donate 10% of our profit, stick to our ethical guidelines, which include; never paying bribes, equality, reduced environmental footprint. As a result, we have experienced exceptionally low employee turnover and have successfully retained our existing clients while adding new ones one after the other.

She finalised, “We humbly recognise that we have only reached this far due to the enormous effort of our staff and the trust and faith our clients have put in our company. We see this award as a milestone to strive even more to lead and serve our clients, our employees and society even better in the coming years.”

About Gislen Software:

Gislen Software is a leading provider of software development, integration, and accounting services, mainly for the Nordic market and the British Isles. Gislen Software has worked with and delivered large projects to leading clients, including ABB, Scandinavian Airlines, Kantar, and successful start-ups. Over 20 years of existence, Gislen Software has served more than 50 clients. The company has over 60 staff members, with its headquarters located in Chennai, South India, and a subsidiary in Stockholm, Sweden. The company donates 10% of its profits to Little Lambs Educational Trust, which it founded, to ensure high-quality education for underprivileged children. It actively works to reduce its environmental footprint through the use of solar panels, insulation, and other sustainable measures. It promotes equality in gender, religion, and communities, and has meagre attrition rates, thanks to loyal and hardworking employees. Gislen Software was founded in 1994 by Swedish entrepreneur Mikael Gislén, who also serves as the Managing Director. Gislen Software recently celebrated its 20th anniversary.

About ‘D&B SME Awards 2014’

The ‘D&B SME Awards 2014’ is a tribute to the leading small and medium enterprises for their significant achievement and notable performance over the years. A total of 27 awards were given across various sectors. D&B used a proprietary model to shortlist the nominations based on multiple qualitative and quantitative parameters. Based on the computation of composite scores, the award winners were decided by a Jury comprising industry experts and eminent professionals from the relevant industry.

For more information, contact:

Mikael Gislén, Managing Director

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