Zensar announces a strategic deal valued at over INR 100 crore
The deal would involve recruiting of 300 new professionals for the Insurance Vertical
Pune, India 13/05/2010,
Zensar Technologies, the leading global IT and BPO services provider announced its plan to recruit over 300 IT professionals over the next three months from across India to staff projects for their global Insurance customers.
Zensar's Insurance vertical has seen significant growth over the past one year, with the global customer base expanding rapidly and contributing over 10% of the company’s total revenues. The Company’s Insurance sector customers include leading Insurance services providers in US, UK and South Africa.
Zensar provides an entire range of IT services and solutions to the Insurance industry and this team is slated to grow from their current strength of 750 to over 1000 in this fiscal year.
Zensar has also been declared as a strategic partner for one of South Africa’s leading Insurance organizations, and will be providing services worth over Rs 100 crores to this customer over a five year period.
Dr Ganesh Natarajan, Vice Chairman and CEO of Zensar Technologies said, “In the current challenging environment, organizations are looking to increase efficiency and stability of systems and agility in order to stay competitive – we have been able to prove to our customers that business transformation can be achieved through operational excellence, business model innovation and strong domain expertise. We have been able to double our Insurance business over the last two years because of our strong domain focus coupled by our global experience and flexibility in aligning ourselves with the transformation agendas of our clients.”
About Zensar Technologies (http://www.zensar.com/)
Zensar Technologies is among the top 25 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance and Utilities. Zensar has more than 4700 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Hong Kong, Singapore, Australia and Japan. The Company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPO and Knowledge Services. The Company has developed tools and methodologies, including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid ‘go-to-market’ capability. The Company supports Fortune 500 clients with software business solutions that help them compete in the digital economy.
For further information, please contact:
Parul Vaidya
Market Innovation
Zensar Technologies
+91-20-66057852/ +91-9822684686
p.vaidya@zensar.com
