PITTSBURGH, Dec. 18, 2019 /PRNewswire/ -- Mastech Digital
(NYSE American: MHH), a leading provider of Digital Transformation
IT Services, today said that it is seeing a steady increase in its
share of digital revenues, especially after its new positioning
earlier this year.
In August 2019, the Company
launched a Digital First initiative to aggressively target
the growing need for digital talent in American corporations. As
part of this initiative, Mastech Digital committed itself to
setting up specialized teams that are experienced and trained in
identifying resources across various digital technologies, and also
embarked on a focused marketing campaign to bring awareness of the
Digital First initiative to its customer base. The chosen digital
technologies are in the areas of Data Management, Analytics and AI,
Cloud and Cybersecurity, Mobile technologies, and Digital
Learning.
Commenting on the increase in digital revenues for the Company,
President and CEO, Vivek Gupta said,
"Our share of digital revenues is now at 40%, and we are aiming
to deliver half of our revenues from digital technologies by
end-2021. With our data and analytics business unit showing record
growth over the last couple of quarters, and our staffing unit now
taking a Digital First approach, I can confidently say that we have
successfully transformed ourselves into a digital technologies
company."
According to the Future of Jobs Survey 2018 report by the World
Economic Forum, 85% of the global companies will adopt Big Data and
Analytics by 2022. LinkedIn ranks Cloud Computing, Artificial
Intelligence, and Analytics as three of the top five technology
skills most needed in 2019. Mastech Digital has made significant
investments in the areas of data management, and analytics through
its acquisition of InfoTrellis in 2017, and has continued to drive
momentum in staffing digital skills.
Commenting on the Digital First approach and its progress,
Vivek, said, "Our customers have responded very positively
to our Digital First approach and our ability to partner more
closely on their higher priority digital transformation objectives.
In the last three months alone, we have on-boarded numerous new
customers needing digital transformation services and have deployed
over 200 digital professionals across our expanded client
base."
About Mastech Digital
Mastech Digital (NYSE American: MHH) is a leading provider
of Digital Transformation IT Services. The Company offers Data
Management and Analytics Solutions, Digital Learning, and IT
Staffing Services with a Digital First approach. A minority-owned
enterprise, Mastech Digital is headquartered
in Pittsburgh, PA with offices across the
U.S., Canada, and India. For more information,
visit www.mastechdigital.com .
Contact:
Donna
Kijowski
Manager, Investor Relations
+1-888-330-5497
Donna.Kijowski@mastechdigital.com
View original
content:http://www.prnewswire.com/news-releases/mastech-digital-sees-an-uptick-in-its-digital-revenues-300976670.html
SOURCE Mastech Digital, Inc.