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Netlink Tops the Inc. 500 List |
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Netlink Achieves 720.5% sales growth in last three years |
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MADISON HEIGHTS, MI September 2, 2008 – Inc. magazine today ranked Netlink’s 720.5% three year growth as one of the top six Michigan companies in its 27th annual Inc. 500 list of the fastest-growing private companies in the U.S. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Netlink joins companies such as Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, and Oracle in the group of Inc. 500.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growing companies in the nation – the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.” |
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Entrepreneur
of the Year |
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Achieving full potential
How Dilip Dubey achieves an annual growth rate of more than 100 percent |
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Smart Business Detroit | July 2008 |
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Dilip Dubey always encourages his 1,200+ employees to do the right thing, even if it isn’t the easiest thing, a philosophy that has led Netlink to annual growth of more than 100 percent.
Dubey founded his company with a partner in 1997, with each one contributing $1,000 in capital and taking on one project from Chrysler. The early years were tough at Netlink, an information technology solutions and outsourcing company that bases its approach to service delivery on Dubey’s Delta Platform, which streamlines various systems to provide a high-quality product at a significant savings. Investors and potential clients alike called Dubey’s idea for a new delivery model “brain dead” and said that, even if validated, it was far too big an idea for a start-up. Today, clients include GM, Ford and Starbucks, and Netlink has a five-year backlog.
Netlink’s typical sales pitch is less than five minutes, and it offers two competitive advantages: services are provided on a fixed-fee basis rather than an hourly rate, so Netlink takes on the financial risk, and a 20 percent savings is offered upfront to customers.
Other factors contributing to Dubey’s success are his belief in empowering employees to make key decisions independently, doing the right thing and emphasizing that family commitments come first.
Dubey says that given Netlink’s phenomenal growth, the challenge is no longer just to grow but to achieve the company’s full potential, and when it does so, he predicts it will be the largest ITO/BPO global company in the midmarket. |
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Entrepreneur
of the Year winners announced |
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Crain’s Detroit
Business/ 13, June 2008 |
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By Leah Boyd |
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Netlink CEO Dilip Dubey
is named Ernst & Young Entrepreneur of the
Year Award for 2008 in the
Central Great Lakes region on Thursday during a gala
at The Ritz-Carlton-Dearborn.
This program, in its 22nd year, recognizes entrepreneurs
who demonstrate extraordinary success in innovation,
financial performance and personal commitment to their
businesses and communities. |
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Oakland County’s Emerging Sectors® Program |
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Netlink has been honored as one of
the Oakland County’s Emerging Sectors Companies who
helped Oakland County reach the $1 billion mark and
are helping shape County’s future on May 22 at the
Cranbrook Institute of Science in Bloomfield Hills. |
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Hot firm is bullish on state |
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Agency's actions keep Netlink from going
to Denver |
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Detroit Free Press/ 25,
December 2007 |
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By Tom Walsh |
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Here's a jolly holiday surprise. |
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It's a story of a rapidly expanding Detroit-area
company adding hundreds of jobs and doubling its revenue
every year. |
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And there's more. |
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Not only is this hot growth company in
our Michigan midst, but it's also a story of rapid response
from a state agency that helped keep this anomaly from
departing for Denver. |
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Let's let Dilip Dubey take the story from
here. |
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Dubey, 38, was born in India, earned a
bachelor's degree in mechanical engineering from a college
in his hometown of Bhopal, and then a master's in 1993
from the University of Michigan. He joined General Motors
Corp., for which he worked in Pontiac on a GM-Isuzu
joint venture until 1997, when he formed Netlink, an
information technology services shop, with partner Anurag
Shrivastava, a friend from India who attended Clemson
University and later worked as an IT consultant with
Capgemini. |
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By mid-2006, Southfield-based Netlink
was en route to $28 million in annual sales and had
several big customers in Colorado encouraging the owners
to move Netlink headquarters to Denver. |
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"I was 30 days away from signing
papers to relocate to Colorado," Dubey told me
last week. "We had eight or 10 customers out there,
and lots of people were saying it was a better strategic
location for us." Ciber Inc., another firm in the
IT outsourcing space like Netlink, had grown sales to
$800 million from its base in a Denver suburb. |
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"There's a perception out there that
if you say Michigan is the best location for your business,
then you must be idiots," Dubey said.
Just as he was considering the move West, Dubey got
a call from a midlevel manager at the Michigan Economic
Development Corp., the state's quasi-public business
attraction and retention agency. |
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"I had heard MEDC's commercials on
the radio before, but I didn't believe them. I had never
heard of government doing anything worthwhile,"
Dubey said.
But he agreed to a meeting. |
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"These guys were aggressive. I was
amazed at the speed at which they operate," he
said. Once MEDC staff learned about Netlink's growth,
how its people were scattered in various metro Detroit
locations, and that it was on the verge of a move to
Colorado, a plan was pulled together quickly to help
Netlink consolidate at a new headquarters location in
Madison Heights. |
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The state could provide a tax credit worth
$3.6 million over seven years if Netlink continued to
create jobs. The City of Madison Heights kicked in a
personal property tax abatement worth $2 million over
10 years. |
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Dubey was sold. He had an emotional attachment
to Michigan, where he had launched the company and started
a family with his wife, Sonal, a former Delphi Corp.
employee. Netlink had won its first major project from
DaimlerChrysler to create an online portal for Chrysler
and Dodge dealers. And now he had financial incentives
and a strong show of support from the state. |
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When Dubey and his staff dedicated their
new Madison Heights headquarters this month, Gov. Jennifer
Granholm was on hand to help cut the ribbon. |
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Revenues expected to double |
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Dubey talked then, and in more detail
with me last week, about what sets Netlink apart from
a host of other IT services firms and drives its growth.
The company has 1,000 employees now -- about 400 in
Michigan, 400 in Bhopal, India, and 200 more scattered
in other locations -- and expects revenues to grow to
$60 million this year and double in each of the next
three years. |
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Netlink's business model is wrapped up
in its simple promise to customers: It will cut their
IT costs by at least 20% and improve service by 20%. |
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Yes, by sourcing some work to India there
is a cost savings, as great as 70% on some work. But
IT outsourcing firms that overdid the rush to India,
by sourcing as much as 95% of IT work for U.S. customers
to India, have encountered problems of both quality
and perception. |
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There are some things that his young (average
age 26), well-educated employees in Bhopal are very
good at, Dubey said. But there are others that they
have never experienced. |
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"If you are designing a system for
automobile dealerships and you have never purchased
a car or been in a dealership, that has some impact
on your ability to work on that project," Dubey
said. "Serving the customer is the key, and if
the customer doesn't want to have to deal with his IT
provider at 3 o'clock in the morning, or with an accent
he can't understand, he shouldn't have to." |
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That's the rationale behind staffing both
in the United States and abroad. Now that technology
and globalization have allowed know-how to be zapped
around the world in seconds, sourcing of some work to
lower-cost nations will always be part of the equation.
But plenty of opportunity remains at home. |
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Netlink expects to hire 300 people in
the United States during the next 18 months. And most
of those, happily, will be in Michigan. |
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Netlink hailed as key to local tech jobs |
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| Netlink Software Group America
CEO Dilip Dubey accepts a plaque from Gov. Jennifer
Granholm during an event held on Dec. 7. |
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C&G NewsPapers/ 19th
December 2007 |
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By Jeremy Adragna |
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MADISON HEIGHTS — The lobby still smelled
of paint, and rows upon rows of empty cubicles were
being prepared for 300 new employees as Gov. Jennifer
Granholm and CEO Dilip Dubey cut the blue ribbon on
Netlink Software Group America’s new headquarters last
week. |
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The expanding high-tech firm announced
a move from its Southfield offices in March with plans
to grow the company in Madison Heights in the coming
years. In their new headquarters, Netlink officials
estimate an increase to $200 million in annual revenue
in the next three years. |
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In 2007, Netlink hired 150 employees,
and has plans to hire an additional 200 in the next
year, officials said. Netlink already employs 1,000
people in several offices in the United States, Europe
and India. |
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“Without the key stakeholders around us
… we would probably not be in Michigan,” said Dubey.
“We would be looking at other opportunities outside.
We’re thankful for their belief in our growth as we
move forward.” |
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When the move was first announced, Dubey
said his 10-year-old company was actively being wooed
by the state of Colorado to move to Denver. Dubey approached
the state-run Michigan Economic Development Corp. seeking
concessions to stay in Michigan. It worked. |
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The MEDC has given Netlink a $3.7 million
tax credit over seven years in order to ensure that
the company continues to grow in Michigan, Granholm
said. |
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Dubey lauded the efforts of the MEDC in
holding the company’s hand through the process of applying
for state and local tax credits while deciding to expand
in Madison Heights. |
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“I would encourage all the business leaders
that are in the technology field to look at Netlink
as a data point and an example of what can happen in
Michigan,” said Dubey. “How we can grow globally in
Michigan and really make the difference for the community
and impact globally.” |
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Dubey said Netlink is here for the long
term and the company’s growth plans “are very ambitious.” |
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“(Michigan) has been challenged by the
global shift in manufacturing jobs,” said Granholm.
“To create and expand technology jobs in this state
is a very specific focus of our diversification strategy.
This is the sweet spot where we want to be.” |
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The Madison Heights City Council also
awarded the company $2 million in tax abatements earlier
this year with the hope that the company would hire
local residents or attract young workers. |
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The company, located at 999 Tech Row,
is surrounded by other commercial businesses Draexlmaier
Automotive of America, Hanson Windows and Evigna marketing
firm. A number of other office buildings near the location
remain vacant, however. |
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“It’s a community embrace of this company
and your future,” said Granholm to Dubey. “To the extent
your plans involve hiring and additional growth in Michigan
don’t hesitate to call. We can meet or beat your best
deal if you’re competing with another state or another
country.” |
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Granholm said retaining businesses like
Netlink would ensure that college graduates stay in
Michigan and work in high-tech jobs. |
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Company officials describe Netlink as
an IT and business process consultancy. |
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Auto industry key to NetLink IT expansion |
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IndUS Business Journal/
15th November 2007 |
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By Paul Imbesi |
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MADISON HEIGHTS, Mich. – When the University
of Michigan’s perennial powerhouse football team lost
to the much smaller and lesser-known Appalachian State
University earlier this college football season, Dilip
Dubey learned a lesson from his alma mater: always be
on your toes and never grow too comfortable. |
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Right now, Dubey and his company, Netlink,
seem to be on their toes. In late July, Netlink signed
a five-year, $50 million IT and business process outsourcing
deal with a Detroit-area automotive supplier. Dubey
said the new contract is the third largest in Netlink’s
10-year history. |
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Dubey is the co-founder and chief executive
officer of Netlink, which is based in Madison Heights,
Mich. Anurag Shrivistava, Netlink’s president and chief
technology officer, is the company’s other co-founder. |
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Netlink is a IT and business processing
outsourcing company that mainly focuses on five sectors:
the automotive industry, health care, technology, finance
and retail. According to Dubey, his company supports
big-name companies like General Motors Corp. and Starbucks,
but mid-market companies are Netlink’s bread and butter.
Dubey said Netlink can take over all of a mid-market
company’s IT needs |
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The difference between GM and a mid-market
automotive company is that GM will not outsource all
of its business to Netlink, he added, whereas mid-market
companies that spend anywhere from $2 million to $60
million on IT have more of an interest in saving money
using Netlink, especially during a time when the American
automotive industry is going through struggles. |
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Netlink has 150 customers, with about
20 auto suppliers in its portfolio, which Dubey believes
is growing due to positive word of mouth within the
automotive industry. |
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Netlink pitches companies its “20:20 rule,”
which guarantees Netlink customers that they will save
20 percent in costs and will also have 20 percent service
improvement, according to the company. Dubey said “very
rarely do we hear a no” from clients about Netlink’s
20:20 rule. However, it raises another problem: clients
think the deal is too good to be true, and they wonder
how Netlink can guarantee it. Dubey said most of the
time with their clients is spent explaining how the
model works. |
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The company opened its new headquarters
in Madison Heights in August, which created 473 new
IT jobs. Netlink currently employs over 1,000 people,
half of which work in the company’s Bhopal, India, facility.
Netlink also has offices in Southfield, Mich., Miami,
Phoenix and Denver. |
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Dubey is originally from Bhopal, and he
said he intentionally chose to open a facility in Bhopal
over a larger city to help the the city’s growth. Dubey
came to the United States about 15 years ago to go to
school at the University of Michigan in Ann Arbor, where
he received a master’s degree in mechanical engineering.
Prior to Michigan, Dubey received a bachelor’s degree
in mechanical engineering from the Regional Engineering
College Bhopal. |
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Although Dubey’s company is doing well
right now, he said he is aware that Netlink is still
a mid-sized company that is striving for sustainable
success, so he does not want to fall back into a comfort
zone. |
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To avoid this, he keeps in mind his alma
mater’s historic football upset and has a new creed:
it is better to learn a lesson from others’ mistakes
than commit them yourself. |
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Netlink
forays into remote monitoring |
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Business Standard/ October
25, 2007 |
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Bhopal-based Netlink software group has
plans to tap the potential of information technology
in new areas like remote monitoring for addressing all
major downtime risks of companies that involve people,
processes, and state-of-the-art technology. |
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The company has prepared a blueprint of
Rs 80 crore for the purpose and is likely to take on
some big IT firms in the sector. However, the company
is still awaiting the state government’s nod for clearance
on 10 acres land in the proposed Bhopal IT park. |
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“Through a holistic approach based on
our decade-long experience, our company is now venturing
into supporting mission-critical environments. In simple
words, if natural or man-made disaster takes place,
we will make sure that our clients’ business will not
suffer due to the technology failure,” Anurag Shrivastava,
chief technology officer and promoter of the group,
told Business Standard here, adding, “the project will
take shape by next year provided land is available in
time”. |
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“In the days to come, our main business
driver will be partnerships with big technology companies
of telecom, manufacturing, etc,” he added. |
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“We are waiting for the land to be allotted.
Last year we were assured by the state IT department
that land would be allotted to us on priority. We have
plans to develop a remote monitoring centre in Bhopal
for our existing customers. This depends on cutting-edge
technology. We will help them reduce the impact of downtime,
and enable new mission-critical capabilities through
this project.” |
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Worldwide big IT solutions providers offer
costly remote monitoring business solutions that put
mid-size companies under severe financial strain. |
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“Our clients will be able to save a minimum
of 20 per cent on IT spending,” said Shrivastava, who
has redesigned his business model at all company locations
in India and the US. |
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Without naming a big telecom solution
providing company he said: “We will enter into a deal
with the company within two months so that we can broaden
our client-base and increase product portfolios that
will include disaster recoveries, product life cycle
management.” |
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‘Everything
was at risk’: In a decade, Netlink grows from one $500
contract to $60M in revenue |
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Crain’s Detriot Business,
October 2, 2007 |
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By Tom Henderson |
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In its first year in 1997, Dilip Dubey’s
IT services company landed one contract for $500. |
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He had quit a secure job
as an engineer with General Motors Corp.,
and his wife, Sonal, had quit her job as a program manager
with Delphi Corp. to have their first
baby. |
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“Everything was at risk,”
he said. At risk, but not in doubt. |
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Dubey, the CEO, and his partner,
Anurag Shrivastava, the chief technology officer, were
sure they could make a go of it by targeting small-
and medium-size businesses that established IT firms
seemed to overlook. “We didn’t go half-baked. We knew
what we were doing. With larger customers, there are
a lot of competitors,” said Dubey. “But when you go
to mid-market companies, there’s not much competition.”
Events thus far have proved them right. |
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Today their company, Netlink
Software Group America Inc., has about 1,000
employees — half in Bhopal, India, and about 380 in
Southeast Michigan. It had $14 million in revenue in
2005, doubled that to $28 million last year and projects
revenue of $60 million this year. |
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Customers include Starbucks,
Subway, GM, Ford Motor Co.
and Chrysler L.L.C., with whom Netlink
landed its first major contract in 1999. |
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“With such a big client reference,
life became a lot easier,” said Dubey. |
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Netlink’s targeted niches
include the auto-supply chain, health care, retail and
high-tech companies. Between 40 percent and 45 percent
of revenue is auto-related. |
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“We’re thrilled with that.
We have no hesitation to have a large auto-related business,”
said Dubey. |
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At the end of July, Netlink
opened its new headquarters in Madison Heights, a headquarters
the state of Michigan won from a competing offer in
Denver with a tax credit of $3.6 million granted in
March. The credit requires Netlink to add 298 jobs over
the next seven years. |
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Eighty of those promised
jobs have already been added, said Dubey, to fulfill
a new contract that will be announced soon by a global
tier-one auto supplier. He said it will add $10 million
in revenue a year. |
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Netlink opened an office
in Dallas in 2004, one in Denver in 2006 and one in
Miami in May though the acquisition of a small IT firm,
VINPlus Inc., and
plans to open an office in California next year. |
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Dubey said the company expects
to close on two more acquisitions in the fourth quarter
this year. One is a Michigan-based company with about
$11 million in revenue. The other is a European company
with about $8 million in revenue. Dubey said he plans
to use the European company, which has offices in the
U.K. and Germany, as a platform to open offices next
year in France, Belgium, Italy, Spain and Poland. |
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Jonathan James, vice president
of global marketing for Troy-based Syntel
Inc., praised Netlink’s focus on growing
its European business and looking to small companies
“who don’t have the IT budget that companies like Syntel
generally look for. |
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“There are three waves of
demand in outsourcing,” he said. “One is (Forbes) Global
2000 companies, the companies everyone is chasing because
they spend so much on IT. No. 2 is the European sector,
which is 12 to 24 months behind the U.S. in IT outsourcing.
No. 3 is from small and midsized businesses.” |
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James said there is strong
global demand for IT outsourcing, particularly the niche
known as business process outsourcing, which Netlink
focuses on. |
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“With global BPO, we’re looking
at annual growth of 25 to 30 percent,” he said. |
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Dubey and Shrivastava met
as undergrads in India in 1986, then went their separate
ways. Dubey enrolled at the University of Michigan
to get his master’s degree in mechanical engineering
and went on to GM. Shrivastava went to Clemson
to study human-computer interfacing. |
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Dubey spent three years at
GM while working on his Ph.D. in international business
at Wayne State University, doing his
thesis on teamwork in global businesses. |
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Shrivastava joined the Paris-based
Capgemini Group as an IT consultant. |
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In 1997, they decided to
reunite and form a company. |
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“I had a great job at GM,
but you could see where you were going to end up in
30 years. It didn’t seem exciting enough,” said Dubey,
who said the division of labor was clear-cut. |
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“He was the technology brains.
I was the process and business side of things, and we
pulled it together.” |
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Jim Radzicki is vice president
and chief information officer for Arizona-based Direct
Alliance, a wholly owned subsidiary of TeleTech
Holdings Inc., a billion-dollar global provider
of IT outsourcing. |
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Radzicki said he needed to
hire a contractor about a year-and-a-half ago to help
with an internal project. A board member at TeleTech
recommended he contact Netlink. |
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“We gave them a call, compared
them to some competitors and chose them. We’ve since
extended the relationship twice, and as other projects
arise, I’m sure we’ll use them on those, too. |
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“With some contractors, they
come in, deploy and are gone. Then, you get nickeled
and dimed on follow-ups. But we built a relationship
with them. They did knowledge-transfer to our employees.
They didn’t just throw something over the wall.” |
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One preferred model for Netlink
is to take over a customer’s IT staff, down to making
the customer’s employees its own. |
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R.J. Wentz became an employee
through the purchase of VINPlus, which did systems integration
for auto dealers. He is now Netlink’s vice president
of automotive retail operations in Madison Heights. |
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“I was incredibly excited
about their acquiring us. It provided us a resource
pool that we didn’t have before,” said Wentz. “They
invested money in us that let us do what we always thought
we’d be capable of doing. I expected that. |
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“What I didn’t expect — I’d
worked for large organizations and expected to be stepping
back into the corporate environment — was we were all
treated as family by Dilip and Anurag.” |
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Tom Henderson: (313) 446-0337,
thenderson@crain.com |
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“Outsourcing
helps Michigan jobs grow” |
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The Detroit News (Editorials
& Opinions), August 31, 2007 |
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Dilip Dubey |
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A recent report from the
University of Michigan's School of Public Policy points
out encouraging signs of growth -- and opportunity --
in the Michigan economy as the state works through a
wrenching, historical change in its manufacturing base. |
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But Thomas Ivacko's "Michigan's
Economic Transition" also puts some difficult questions
before us: Does Michigan have the capacity to reinvent
itself for success in a knowledge economy? Or will we
all be mesmerized by what the report calls "a slow-motion
economic train wreck unfolding before the citizens'
eyes"? |
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The answers to these questions
are by no means certain, but I answer with a hopeful
"yes" to our future in the knowledge economy
and "no" to the train wreck. |
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Netlink Inc. is making a
huge bet that Michigan will compete and succeed in a
global knowledge economy. It is adding about 470 jobs
in Michigan and opening a new headquarters building
in Madison Heights, which will collaborate with our
development center in Bhopal, India. We have doubled
in size in each of the last five years. |
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Netlink has prospered by
helping companies outsource or contract out back-office
business operations and computer services. Isn't there
something counterintuitive about an outsourcing company
with major operations in India creating jobs in Michigan?
We don't think so. Understanding why helps point us
all in the right direction when discussing the state's
future. |
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Michigan can compete |
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Contrary to what many may
believe, the U.S. economy is not about to be crated
up and shipped off to India. In the industry where Netlink
competes, we are seeing more and more competition from
firms in China, Eastern Europe and, increasingly, Mexico.
In the global knowledge economy, there are no sheltered
harbors where companies operate free of competitive
pressure. There is no place to hide. Like everyone else,
we compete on the basis of technical expertise, service
and returning clear savings to our customers. |
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Here's where the U-M report
offers, perhaps, the most encouraging signs. In "human
capital," our state has huge assets and advantages.
Michigan, the report notes, ranks second in the nation
in the percentage of the labor force employed in high-tech
jobs and 10th in the nation in the percentage of engineers
in the work force. What's more, the report notes, the
state ranks near the top in research and development
spending from both private and university sources. |
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To translate this human capital
into new products and new industries will take an entrepreneurial
spark, a willingness of talented people to undertake
risky, innovative ventures. In this area, Michigan led
the nation in new business start-ups in 2002-03 -- precisely
during the deep restructuring of state industries such
as auto and office furniture. This, the U-M report concluded,
is "clearly evidence of improving entrepreneurial
activity, refuting the accepted view of Michigan as
a lethargic and hulking economic has-been." |
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In important sectors such
as health care, financial services, law and accounting,
some of Michigan's best businesses are already competing
and winning in the global knowledge economy. However,
two areas need immediate attention if we are to escape
the train wreck that so many fear. |
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First, Michigan's political
leadership needs to resolve the state budget crisis
without hobbling business people and entrepreneurs --
those who create new jobs -- with excessive tax burdens.
Our political leadership needs to address this problem
with the same sense of urgency, and willingness to make
the tough calls, that we see in the executive suites
of our major auto companies today. |
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Second, we need to come to
grips with the rapidly escalating cost of higher education
at state universities. We are approaching a real a crisis
of affordability. We worry now about our best and brightest
young people hitching up the U-Haul and leaving Michigan
for good as soon as they graduate from college. If we're
not careful, they increasingly will be leaving a lot
sooner and taking their talents -- their human capital
-- with them. |
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So it's up to us to choose
the path -- economic has-been or knowledge economy powerhouse. |
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Dilip Dubey is chief executive
officer of Netlink Inc. in Madison Heights. E-mail comments
to letters@detnews.com. |
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Unfettered
growth |
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How Dilip Dubey overcame
the naysayers to grow Netlink Software Group
Smart Business Detroit | July 2007 |
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Dilip Dubey is working to revolutionize
the workplace as we know it. He partnered with Anurag
Shrivastava to start Netlink Software Group with just
a great idea and $1,000 in capital. The information
technology and business process outsourcing services
company got its first large contract a year later with
Daimler Chrysler. Since then, it has executed projects
using its Delta Platform model in the United States,
Germany and Australia for mid-market and Fortune 500
companies. |
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When Netlink entered the market, the industry
was focused on large players and convinced that no innovation
could significantly change IT delivery service. Dubey
led the company to overcome resource challenges and
the perception of a start-up until the value of Netlink’s
business model became apparent to clients based on achieving
immediate business results. |
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Today, the company has a client list that
includes Starbucks, GM and Ford, and a five-year business
backlog. |
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Part of that success is attributable to
Dubey’s approach to marketing his product and services
to potential clients — he guarantees 20 percent savings
back to the client, some of which is delivered to the
client upfront at the time the contract is signed. |
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Dubey’s vision is for Netlink to be the
leader in IT and business process outsourcing for mid-market
companies. He says that when the company achieves its
full potential, it will be the largest company of its
kind in the mid market and will achieve revenue of $1
billion. |
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Netlink’s
Dilip Dubey 2007 Entrepreneur of the Year Finalist Over
30 Indian Americans shortlisted for E&Y awards |
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Hindustan Times, Indo-Asian
News Service, June 8, 2007 |
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Over 30 Indian
Americans are among the regional finalists selected
for the Ernst and Young's (E&Y) Entrepreneur of The
Year awards for 2007. |
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In the 20 years
since they were instituted, Ernst and Young's Entrepreneur
of The Year awards have honored entrepreneurial achievement
in the US. |
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Indian American Dipak Jain,
dean of the Kellogg School of Management at Northwestern
University is a finalist from the Lake Michigan area.
Also competing in the Lake Michigan region is Anil Sunkara,
chief executive officer of AdvanSoft International,
India West, an ethnic magazine reported. |
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Jaswinder Singh Chaddha,
Francisco D'Souza, Roopa Makhija, Hiten Patel, Ranjani
Posddar, Imran Shah and Karmit S Sidhu are the seven
finalists from the state of New Jersey. |
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Other notable regional Indian
American finalists include Dilip Dubey , Prashanth Boccasam,
Shankar Iyer, Rahul Sharma, Bala Sundar, Yatish Mishra,
Puneet Nanda, Manu Shah, Raj, Pritam M Advani, Inderpal
Guglani, Anurag Mehta, Naseem A Munshi, Asit J Choksi,
Satin Mirchandani, Shri Thanedari, Ravinder Sandhu,
Ganesh Iyer, Gulam Khan, Sunil Hirani, Adnan Mjalli,
Raman Kumar, Rohit H Patel and Raza Bokhari. |
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The regional finals are scheduled
for June 22 in Chicago. The winners will be announced
at an awards function to be held in Palm Springs, California,
November 17. |
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The winners are inducted
into the Ernst and Young's Entrepreneur of The Year
Hall of Fame. Ernst and Young is one of the largest
professional services firms in the world and one of
the biggest auditors. The headquarters of the firm are
in New York. |
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Gov.
Jennifer Granholm announces Netlink expansion 3 German
firms will invest in Michigan, Granholm says |
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Detroit News Excerpt, March
14, 2007 |
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Three Germany-based
companies plan to invest in Auburn Hills, Troy and Grand
Rapids, Gov. Jennifer Granholm’s office said Tuesday. |
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The announcement
came as the Democratic governor continued her trade
trip to Germany and Austria. She was in the Dusseldorf
area Monday, in Stuttgart on Tuesday and plans to be
in Graz, Austria, today. |
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The firms will qualify for
state tax credits if they live up to their investment
promises. |
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Netlink Software Group will
invest $4 million to expand and relocate its facilities
from Southfield to Madison Heights. The project
will add 298 Netlink jobs. |
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General Motors is considering
investing $225.5 million in its Orion Assembly plant
and in Saginaw Metal Casting and $274.5 million in other
Michigan projects. The projects would retain 880
GM jobs. |
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Delphi Corp. plans to invest
$42 million to consolidate research and development,
engineering and business operations in Auburn Hills.
The project would retain 910 Delphi jobs. |
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Netlink
to expand, add 300 people Company plans to triple in
size, move to Madison Heights |
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The Oakland Press, March
14, 2007 |
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Netlink Software Group plans
to triple in size this year to service new clients.
Dilip Dubey, Netlink founder and chief executive officer,
said his information technology firm doubled in size
during 2006 and now expects to triple in size again
this year as it adds 300 new employees and shifts operations
from Southfield to Madison Heights. |
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Netlink recently signed new
contracts for its distributed team technology with two
companies based in Denver, Dubey added. |
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“We’re experiencing
very, very significant growth,” said Dubey, who
said the company’s unique technology is geared
toward mid-market companies looking for a way to both
save time and trim costs with the software applications. |
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Dubey told The Oakland Press
he nearly moved Netlink and 70 employees to Denver.
“We were very, very close to moving to Denver,”
he said. However, the Michigan Economic Development
Corp. persuaded him to stay in Oakland County by offering
incentives and helping with the expansion. |
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“The MEDC held our
hand through the whole process. I’m thankful for
their strong support,” said Dubey, who said he
hopes to move into the firm’s new quarters near
14 Mile Road and John R within the next 90 days. |
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The MEDC provided tax credits
valued at $3.6 million over seven years to convince
Netlink to stay in Michigan. |
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“We are redoubling
our efforts to win new corporate investment and jobs,”
MEDC President and CEO James C. Epolito said. |
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Camille Walker, economic
development coordinator for the City of Madison Heights,
said the city is still finishing up work on its part
of the deal. The deal will be submitted to the city
council soon, she said. “Madison Heights is very
much in favor of growth in high tech and the jobs high
tech brings” |
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Netlink’s $4 million
investment is expected to create 473 new jobs, including
298 directly by the company, MEDC said. |
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