Zensar signs significant deals of near 100 crores
News | 18 Mar 2014
The Company has signed a major deal with a large multibillion dollar American enterprise Zensar Technologies, a leading software services and infrastructure provider has reported significant new multimillion dollar wins in the United States and Europe. Dr Ganesh Natarajan, Vice Chairman and CEO, Zensar Technologies said, “Zensar’s business in our key markets of USA, UK, Europe and Africa continues to be robust with new wins in these territories in both our core businesses,enterprise application services and infrastructure management.” The Company has signed a major deal with a large multibillion dollar American enterprise that designs and builds specialty trucks and military vehicles, and that operates as a leader in every market in which it competes. The company is a Fortune 500 organization with manufacturing operations in the Americas, Europe, Asia, and Australia. This large deal with the client involves a full-featured team in select areas, to scale with demand over a two-year period.The strategic nature of this project positions Zensar well with the client and also has the company poised for additional opportunities in the near future.
Currently, Zensar is building critical enterprise wide systems for the client’s supplier network. It has also signed its largest deal to date in the dual shore IM space with an existing American client. Another significant deal has been closed with a specialty insurance and reinsurance company which operates underwriting hubs worldwide and operates more than 50 offices worldwide, expanding Zensar's existing reach from the company's UK operations into the US as well. Nitin Parab, Chief Executive and Head, Enterprise Transformation Business, Zensar said, “Our strategies for new client acquisition, and for supersizing deals in the US region have begun to show significant traction helping provide the necessary boost to sales.The client acquisition in the US has shown optimistic trends in core verticals that we are focusing on. The order book for the year ahead looks strong and we hope to close some significant deals in the pipeline in the coming months.”