Hexaware Technologies Ltd.

BSE: 544362 | NSE: HEXT
Mid Cap | IT - Software
755.80
-8.85 (-1.16%)
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Hexaware Technologies secures a large contract potentially worth $177 million over five-year term

Date: 18-07-2011

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.