Qualitest is expanding into Switzerland according to a press release. The global company with headquarters in London has decided on a location in Zug for this. After the sale of the German company telexiom GmbH in 2021, it plans to grow further in German-speaking regions with this step.
Qualitest offers a wide range of engineering solutions based on artificial intelligence. Its offering can be tailored to the quality requirements of technology platforms across a variety of industries. Qualitest anticipates high demand for its solutions in Switzerland, referencing a study that states that IT expenditure in Switzerland will amount to 27.5 billion US dollars in 2023. This corresponds to an increase of 6.4 percent versus the previous year.
Anbu Muppidathi, CEO of Qualitest, commented in the press release: “Central Europe has established itself as a haven for technology companies and startups.” He added that the expansion into Switzerland will be another milestone in the company’s development of its global presence.
Qualitest is majority owned by the London-based private equity group Bridgepoint. The company also has subsidiaries outside of Europe, such as in India, Argentina, Mexico, the USA, and Israel.
