NetSol Technologies, Pakistan’s leading IT company and biggest software exporter, has won become Pakistan’s first company to be re-assessed at Maturity Level 5 against CMMI® Version 1.2 by the Carnegie Mellon Software Engineering Institute (SEI).
In doing so, it has created a milestone for the Pakistani IT industry and placed Pakistan at the forefront of IT software producing countries.
NetSol had already been assessed at Maturity Level 5 against CMMI V1.1 in 2006, which was again a first for Pakistan. It was a distinction shared by few software companies in the world at the time. However, SEI introduced version 1.2 subsequently to make it even tougher for companies worldwide to be assessed at this level.
As a result, currently just 154 companies stand appraised at CMMI Level 5 in the world, as reported on the SEI website.
This is a significant drop from over 300 companies at this level in 2008. Most of these companies are among the top IT companies of the world catering to the world’s biggest customers including the US Department of Defense.