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Zensar is named a Top 15 Sourcing Standout by ISG
Media Release | 12 Mar 2024
Zensar Technologies, a leading experience engineering and technology solutions company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm.
Zensar was among the leading providers in the Booming 15 category, globally and across the Americas and EMEA regions, based on annual contract value (ACV) won over the last 12 months, according to the 4Q 2023 Global ISG Index™.
Now in its 85th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $3 billion and $10 billion), Breakthrough 15 (revenues between $1 billion and $3 billion) and Booming 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional sourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers.
Manish Tandon, CEO and Managing Director, Zensar Technologies, said “This inclusion in the ISG Index is a resounding validation of Zensar's relentless focus on driving client success through our unique blend of experience engineering and technology expertise. Our unwavering commitment to innovation and building impactful client relationships has propelled our growth across diverse sectors and geographies, propelling us into the 'Booming 15' category.
Zensar has witnessed a surge in demand for its cloud-native, AI-powered solutions across industries. Our design, customer experience, and data expertise empower clients to reimagine their businesses for the digital age. Numerous clients now boast optimized offerings and seamless journeys, future-proofing their success.
“The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry,” said Paul Reynolds, chief research officer of ISG. “Zensar continues to establish itself as a leading and growing player in the global market by differentiating through its experience-led engineering and engagement services, based on its volume of business in relation to other industry providers.”
Rajat Sharma, Senior Vice President and Head, Growth and Platforms, Zensar Technologies, said, "We see our inclusion in the Booming 15 category as a springboard to propel us further into the digital transformation leadership realm. We are constantly investing in NextGen solutions and cultivating expertise in new technologies (such as GenAI and platforms) and the future is vibrant, fueled by our unwavering commitment to client success and a relentless pursuit of innovation. Zensar is excited to work alongside fast-growing businesses across the globe as they scale and thrive with an agile, flexible, and scalable partner."
Zensar's inclusion in the Top 15 Sourcing Standout list comes on the heels of several landmark deals secured worldwide. These victories highlight the company's adaptability and agility in catering to the evolving needs of clients in today's dynamic digital landscape.
Zensar’s inclusion in the ISG Index™ is based on data the company submits to ISG each quarter.
Princeton, US, March 12, 2024