MoneyWorks4Me

Hexaware Technologies secures a large contract potentially worth $177 million over five-year term

18 Jul 2011 Evaluate

Hexaware Technologies, a leading global provider of IT, BPO and consulting services has secured a large contract worth potentially $177 million over a five-year term. Through this contract, the company has a potential $100 million worth incremental business while extending existing business worth another $77 million over the course of five-year agreement.

As a part of this engagement, Hexaware will continue offering services to this strategic customer that cut across the following horizontals - Enterprise Solutions (ERP), Business Intelligence / Business Analytics (BI / BA), Quality Assurance and Testing Services (QATS) Business Process Outsourcing (BPO) and Application Management Services.

Under this contract, Hexaware is expected to ramp up the team to a peak size of 600 plus personnel operating under Dedicated Global Delivery Centers. It is envisaged that Hexaware will offer Information Technology (IT) & BPO services from 15 locations spread globally.

Hexaware is a leading global provider of IT & BPO services and consulting. The company focuses on key domains such as banking, financial services, insurance, travel, transportation, logistics, life sciences and healthcare.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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