Wednesday 24 July 2013

Zensar signs deals in first four months of FY14

Zensar Technologies announced number of significant wins at the start of the new financial year, in both Infrastructure Management Service and Application Management areas.
Significant wins in the infrastructure management space include multi-million dollar deals with:

•a top direct selling specialty company doing business primarily through the mail order channel of distribution with a million active customers
•third party maintenance for a telecom giant based in the US, making more than 300 million transactions possible every day across multiple platforms and geographies
•server consolidation and optimization support for a leading healthcare plan provider in the US
•third party maintenance for a leading technology company in the global networking space.
•managed services including infrastructure network and security services for a world leader in digital security
•multivendor support across multiple locations in the US for the world’s leading dedicated toy and children’s products retailer
The Applications business has opened new business areas in the nonlinear growth areas of the Company:
•mobile application development for a significant South Korean multinational conglomerate company enhancing its digital footprint
•inroads into the Mining sector with a significant package application deal in South Africa
•The Company has also signed a multiyear application maintenance and support deal with a large Insurance organisation
•Application support and enhancement deal for a Fortune 1000 leading supplier of electronics and technologies in the automotive sector
•a large package application deal with one of the largest manufacturers of processed foods in the Middle East
The wins in the last few weeks are valued at over 100 Cr INR and the Company’s order book continues to be healthy in the Infrastructure and Applications businesses. The order pipeline across all markets is in excess of 300 million US dollars.
Vivek Gupta, Chief Executive of Zensar’s Infrastructure Business Unit (IBU) said “After our transition from Akibia to a fully integrated multi-shore business, we have seen tremendous uptick in customer demand for all the new services. We are particularly pleased with our Private Cloud transition services and expect that this will lead the way to our double digit growth plans for this year.”

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