-8.85 (-1.16%) 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.