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Hexaware betting big on Shrink IT and Grow Digital strategies, says its CEO

August 1, 2016 Leave a comment

Hexaware Technologies has posted robust earnings, with revenues up 12.6 per cent in the first quarter and dollar revenue seeing a healthy growth. Margins have seen steady growth as well.

Hexaware-CEO-Mr.-R-SrikrishnaSpeaking to BTVI, Hexaware Executive Director and CEO R Srikrishna said the company’s two-pronged strategy of Shrink IT and Grow Digital is paying off.

While the US business looks strong, the macroeconomic conditions in Europe are of a little more concern, even as the Brexit impact is still to be fully assessed. With $47 million in cash on books, Srikrishna said, the company is seriously looking at acquisitions in the healthcare and banking space.

Read Original Article Here:- http://www.thehindubusinessline.com/info-tech/hexaware-betting-big-on-shrink-it-and-grow-digit-strategies-says-its-ceo/article8925098.ece

Website:- http://hexaware.com

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