Zensar Technologies bags deals worth Rs 180 crore
News | 29 Jan 2014
IT firm Zensar Technologies BSE 2.17 % today said it has bagged deals worth over Rs 180 crore this month from the US market. "It has been a good start to the calender year. All the new deals signed so far are in North America and span all Zensar services in the areas of ERP, application management and infrastructure management," Zensar Technologies Vice Chairman and CEO Ganesh Natarajan said in a statement. The US market accounts for close to 60 per cent of the exports of Indian IT services players.
The new deals signed include one with an access equipment manufacturer, while another is a large vendor consolidation agreement with a billion-dollar network equipment vendor. "Our strategies for new client acquisition in the US region have begun to show significant traction helping provide the necessary boost to sales," Zensar Chief Executive and Head (Enterprise Transformation Business) Nitin Parab said. The client acquisition in the US has been buoyant in all three verticals that Zensar is focusing on including manufacturing, retail and insurance, he added. "The order book for the year ahead looks robust and we hope to further close some significant deals in the pipeline in the coming months," he said.