This company is a digital transformation major with design engineering as its forte. It has some interesting deep engineering tools and works on the Mphasis Tribes and Squads model, some unique frameworks like the Front2Back approach, Cloud and Cognitive capabilities. It operates mainly in areas like service transformation, Next Ops, XAAP, Experience Design and Cyber Security. It was set up in 1992 and it serves some top global banks, top mortgage lenders, and top global insurance companies with a footprint in about 21 countries.
As per its Quarter results for Q2'23- The company's net profit rose 4.1 per cent QoQ and 22.6 per cent YoY to Rs 4,18.5 crore in Q2 FY23. The gross revenue grew 4.0 per cent QoQ and 23.9 per cent YoY on a reported basis.
In dollar terms, the company recorded revenues of $440 million, up 0.9 per cent QoQ and up 14.3 per cent YoY.
For the quarter-ended June 2022, Gross Revenue grew 4.5 per cent QoQ and 26.8 per cent YoY on a reported basis to INR 33.9 billion (USD 436 million). Direct revenue grew 5.0 per cent QoQ and 33.3 per cent YoY on a reported basis to INR 31.7 billion ($408 million). This quarter also saw new TCV wins of USD 302 million in Direct, of which 84 per cent in new generation services.
Diese Geschichte stammt aus der December 2022-Ausgabe von DataQuest.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 2022-Ausgabe von DataQuest.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Rewriting Insurance with Data and Foresight: Lessons from Pramerica's CTO
As insurance companies pivot from operational reliance on technology to embedding it as a core strategy, Pramerica Life Insurance leads by example. CTO Sunil Jain discusses how innovations in AI, cloud platforms, and data frameworks are not only solving current challenges but shaping the future of the industry.
Is AI on Batman's side or on Joker's side?
Also, spoiler alert. Your body-guard is not your body double. Leave the couch. In an age where Cyber-insurers also look at security maturity before they undertake new enterprises, where security fatigue is a bitter reality, where the grey-matter of LLMs can easily be conned by benign chatter, and where AI is turning as much into a Robin as into a Harley Quinn - and with equal speed and probability - whose side is AI on? Philippa Cogswell, Managing Partner, Unit 42, Asia Pacific & Japan, Palo Alto Networks helps us unravel these complex plot lines.
Counting on Quantum - A quick peek inside India's Refrigerator
The menu of tomorrow's IT courses would be completely changed by what's currently being marinated in quantum computing trays. From cryptography to heavy simulations to huge AI workloads to Cloud. Let’s open the doors of this cold, but busy, kitchen area for a minute to get a sense of what Indian ice-boxes are up to.
Digital Twins: The Blueprint Becomes the Blue-eyed Boy
Ever wondered why people in offices are seen more around the photocopier or printer rather than their computers?
The Cloud Advantage: Infor's CloudFueled Growth in Asia-Pacific
Senior VP Terry Smagh highlights Infor’s growth, cloud adoption, and AIdriven operations. With major investments in India, including an R&D hub and upcoming data center, Infor leads in innovation, efficiency, and sustainability.
How Onix is Making AI Accessible to All Business Teams
Niraj Kumar, CTO of Onix, shares his extensive experience in IT and cloud technology to explore how the convergence of data, cloud infrastructure, and AIL is driving digital transformation. He discusses the critical role of data context, ethical practices, and security in ensuring that AI delivers its full potential across all levels of an organization.
Arka Fincap Redefining Finance Through Technology
Arka Fincap has embraced technology to streamline its operations and enhance customer experiences. By utilizing tools such as low-code platforms, automation, and cloud infrastructure, the company has significantly reduced processing times and operational costs. This approach has enabled efficient loan processing, seamless fintech integrations, and data-driven decision-making. Arka's journey highlights the role of technology in modernizing financial services while balancing scalability, compliance, and customer-centricity.
AWS is assuring that the AI that's being built is reliable, responsible and trustworthy
At AWS re:Invent 2024, Las Vegas Dr. Angela Shippy, Senior Physician Executive at AWS, discusses how technology is reshaping healthcare-from generative AI to predictive analytics and secure cloud solutions.
AI in Multiplexes, the 'cold open' scene is here
Would AI remove all the walls in, and around, Cinema; or would it create very personalized boxes for every viewer? Here's a peek. No Spoilers here. But some Stingers for sure.
e-Red Tape, virtual CAs and wait-and-watch hoops - a look at India's digital Selfie
Bertram D’Souza, Chief Product Innovation Officer, Protean eGov Technologies Ltd. helps us to unpack how India’s digital stacks, digital goods, fast interfaces, real-time financial lanes and tech-driven tax administration shine and where they do/can falter if we ignore some tough, but practical, questions.
