Hexaware Technologies rises on launching ‘Cloud EDMA’ for Microsoft Azure

02 Jul 2019

Hexaware Technologies is currently trading at Rs. 387.05, up by 2.15 points or 0.38% from its previous closing of Rs. 384.90 on the BSE.

The scrip opened at Rs. 383.45 and has touched a high and low of Rs. 387.50 and Rs. 380.75 respectively. So far 18581 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 557.40 on 09-Jul-2018 and a 52 week low of Rs. 294.80 on 26-Nov-2018.

Last one week high and low of the scrip stood at Rs. 398.00 and Rs. 377.80 respectively. The current market cap of the company is Rs. 11464.55 crore.

The promoters holding in the company stood at 62.59%, while Institutions and Non-Institutions held 28.41% and 9.01% respectively.

Hexaware Technologies has launched cloud transformation platform Cloud Enterprise Data Management and Analytics (EDMA) for taking on-premise data warehouse and analytics ecosystem to Microsoft Azure. The collaboration will enable businesses to reduce the time and efforts in the entire transformation cycle by over 60%.

The collaboration will enable Hexaware customers leverage Microsoft Azure powered tools such as Machine Learning Studio, Microsoft Cognitive Services, Azure Data Factory and Power BI on cloud. Additionally, with Cloud EDMA platform, enterprises will be able to adopt Microsoft Azure for data warehouse and analytics needs at an accelerated pace.

The company’s Cloud EDMA is a suite of proprietary accelerators and IPs that automate multiple processes associated with cloud transformation of legacy on-premise relational data warehouses and Massively Parallel Processing (MPP) appliances.
Hexaware Technologies is a global provider of disruptive IT & IT-enabled services, complex technology solutions and automation-led Business Process services.

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Hexaware Tech. Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323