Zensar Technologies has registered a 3.4% sequential quarter growth in revenue for Q3FY18, with digital services registering a 9% growth rate
PUNE, MAHARASHTRA, INDIA, February 9, 2018 /EINPresswire.com/ — Zensar Technologies has registered a 3.4% sequential quarter growth in revenue for Q3FY18, with digital services registering a 9% growth rate, taking digital revenues up to 38.8% of total revenue. These numbers are for the quarter ending December 31st, for the financial year 2017–18.
QoQ revenue growth of 3.4%, up from $118.6 million to $122.6 million
Q3FY18 EBITDA growth of 17.8%, up from $ 14 million to $ 16.5 million
Digital services registered growth of 9%; revenue contribution up from 36.8% in Q2 FY 18 to 38.8% in Q3 FY 18.
Sandeep Kishore, CEO & MD of the company, is satisfied with the growth in the digital services sphere, with particular emphasis on the contribution of proprietary products. “The Company has maintained its growth momentum with all aspects of our Digital business showing healthy traction. Our proprietary Digital platform ‘Return on Digital®’ continued to help our global customers realize their digital ambitions. All regions have shown growth this Quarter, which is traditionally a period marked by the holiday season.”
DIGITAL DISRUPTOR WINS
Rollout of experience design services for a leading global beverage company, a leading insurer in the UK, an integrated IT systems firm and an online gaming company.
Inking digital commerce deals for retail enterprises across the globe, including:
A multi-year deal for an American clothing and accessory retailer;
Order management deal for an American chain of luxury department store
Micro services for a large American home-furnishings company
An American business services provider (financial services & SMEs)
American men’s & women’s ready-to-wear, accessories, watches, jewelry, footwear, and fragrance
Analytics for the largest paper and plastic packaging businesses in southern Africa;
Robotic Process Automation mandate for one of the largest American companies in risk mitigation;
Marketing automation for a US-based entity that provides conflict-management services; for a large American hi-tech corporation and for a large US dental brand
Social Listening: a multi-million, multi-year mandate for a large American hi-tech corporation
THE TRADITIONAL SERVICES SCORE
Multi-million, multi-year AMS deal for a large European banking and financial services Group
Testing mandate for UK based multinational electricity and gas utility company
MVS deal with a leading American multinational biotechnology company
Multi-million application re-engineering deal for large American hi-tech corporation
Network management deal for a multinational conglomerate in the business of a broad range of products and solutions for the residential, commercial, and industrial sectors
Managed security mandate for a leading hotel and resort chain based in the United States
Datacenter services for South Africa-based financial services group
An Oracle JD Edwards deal for Africa’s leading specialty chemicals conglomerate
An Oracle EBS deal for a leading American telecommunications company
SAP implementation for UK’s leading insurance company
Q3FY18: HONOURABLE MENTIONS
Zensar’s Enterprise Architecture Consulting mentioned in Gartner Market Guide
Published a new whitepaper titled ‘Unleashing the Power of Blockchain’, with insights from Frost & Sullivan, which focuses on the disruptive application of Blockchain led ecosystems to help create business models of the future.
Zensar Technologies is a leading digital solutions and technology services company. Zensar helps organisations around the world on their digital transformation journeys, enabling businesses to overcome challenges and run efficiently.
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Source: EIN Presswire