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Posts Tagged ‘Hexaware Technologies’

Hexaware Wins 3 Awards at the Golden Globe Tigers 2017 for Excellence in Outsourcing & Leadership

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Hexaware was honored at the recently concluded Golden Globe Tiger 2017 Awards held in Kuala Lumpur, Malaysia on April 24th, 2017. The Golden Globe Tigers awards is multifunctional, multi-disciplined across segments and industry focussed. The GGT Awards aim to recognize organizations & individuals for excellence in Outsourcing and Leadership because they believe that perfection has no limits.

Read More: http://hexaware.com/news/hexaware-wins-3-awards-at-the-golden-globe-tigers-2017-for-excellence-in-outsourcing-leadership/

 

 

Hexaware and GenRocket Partner to Offer Accelerated Software Development Solutions Based on Test Data Generation Technology

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Hexaware Technologies Limited, a leading global provider of application, infrastructure, BPS and digital services and GenRocket, a technology leader in automated software test tools, today announced a global reseller partnership to provide advanced software testing products and services to enterprises. This partnership helps enterprises to meet their high-velocity software release cycles, while maintaining the highest possible standards for software quality assurance.

A key ingredient for automating and accelerating the software test process is through a new and innovative approach that produces real-time test data based on GenRocket’s patented Test Data Generation (TDG) technology and supports the growing demand for continuous integration and testing.

Using GenRocket’s TDG technology, software test consultants can quickly create and execute comprehensive test scenarios with patterned and conditioned test data, based on the most complex data models while preserving the referential integrity and parent-child relationships. GenRocket’s TDG technology can speeden the testing process by more than 1000% for about 10% of the cost of traditional Test Data Management (TDM) solutions.

Hexaware’s Digital Assurance practice is aligned, with the organizations’ growth strategy “Shrink IT Grow Digital” that focusses on identifying opportunities for automation, while significantly reducing the enterprises’ Quality Assurance spend. The company’s strategy for assuring quality of digital transformation programs, is by leveraging its innovative solutions like iD2E (Integrated Design to Execution) automation, FAME (framework for automated mobile testing) for multi-channel testing, quantifying usability of apps using our UMI (usability measurement index) model, automated Big Data testing, service virtualization and our innovations in on-demand performance engineering using the cloud and security testing solutions

About Hexaware
Hexaware is a leading global provider of IT, Application, Infrastructure, BPS and Digital services. Our business philosophy of Shrink IT, Grow Digital allows customers to significantly shrink commodity IT spend while partnering with them to embrace digitalization. The Company focuses on key domains such as Banking, Financial Services, Capital Market, Healthcare, Insurance, Manufacturing, Retail, Education, Telecom, Travel, Transportation, and Logistics. Hexaware is committed to delivering business results and leverage technology solutions by specializing in Application Development & Maintenance, Business Intelligence & Analytics, Quality Assurance and Testing Services, Infrastructure Management Services, Business Process Services and Enterprise Solutions. Founded in 1990, Hexaware has a well-established global delivery model armed with proprietary tools and methodologies, skilled human capital and SEI CMMI-Level 5 certification. For more information log on to www.hexaware.com.

Read More: http://www.pr.com/press-release/714585

Hexaware Featured in Everest Group’s ‘IT Service Provider of the Year Awards 2017’

April 17, 2017 Leave a comment

Hexaware Technologies Limited, a leading global provider of application, infrastructure, BPS and digital services announced that Everest Group has ranked it among the top 20 IT services (ITS) providers, as part of its PEAK Matrix Service Provider of the Year™ awards for 2017.

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Everest Group PEAK Matrix™ evaluations were designed to serve as a valuable source for IT services’ buyers to evaluate, compare and contrast key service providers in the global services market space. These assessments offer service provider selection guidance, as well as nuanced insights into those providers’ strategies for key business lines, geographies, and technologies. The awards recognize consistent top performers across 21 PEAK Matrix IT services evaluations, featuring 73 providers that were published in 2016.

“This PEAK Matrix Service Provider of the Year award is a significant achievement for us. Hexaware is helping organizations reimagine their businesses, shrink IT costs, enhance business operations, accelerate digital transformation and maximize returns leveraging its Shrink IT Grow Digital strategy,” said R Srikrishna, Executive Director, and CEO, Hexaware Technologies Ltd.

“In an industry that is thriving on labor arbitrage for too long, Hexaware is at the forefront of eliminating labor through automation, Artificial Intelligence, Machine language and by every other means available,” said Krishna Kumar, Chief Technology Officer, Hexaware Technologies Ltd.

Read More: http://www.prnewswire.com/news-releases/hexaware-featured-in-everest-groups-it-service-provider-of-the-year-awards-2017-619352744.html

 

Hexaware to Grow in Double Digits at 10-12% in 2017: Chief

February 9, 2017 Leave a comment

hexaware-1Midcap software firm Hexaware Technologies reported a 3.4 percent revenue growth in constant currency but according to the company’s chief R Srikrishna, its profitability will stay flat in the the calendar year 2017 as the margin growth will be in line with the revenue growth but the company will grow in double digits. “You should expect to see growth again in 2017 over 2016. But, it tends to be lumpy. So, I would not put a quarterly run-rate,” he said while speaking to CNBC-TV18 in an interview.

“You should expect to see growth again in 2017 over 2016. But, it tends to be lumpy. So, I would not put a quarterly run-rate,” he said while speaking to CNBC-TV18 in an interview.

According to Srikrishna, executive action can only change things to a certain extent and most things which are material to the H1B cannot be changed by executive action. “It needs legislative action and of the two bills that are there, one represents essentially Silicon Valley interests which has a little scope to go through. The other one is bipartisan, but you should know that similar bills that have not got bipartisan broader support, have not passed, he added.

Watch the exclusive footage of the interview of Hexaware CEO, R Srikrishna featuring on the show CNBC: http://www.moneycontrol.com/tv/cnbc-tv18-shows/midcap-radar-2017-02-08.html

SpiceJet, Hexaware Tech among Five Wealth-Creating Midcap Stock Ideas

September 16, 2016 Leave a comment

The S&P BSE Midcap index may have lost nearly 3 per cent in the last one week, it has returned over 22 per cent in the last one year, as compared to just about 10 per cent surge on the benchmark index Sensex.

While some analysts believe the valuations of midcap stocks are overstretched, there are some who are bullish on these stocks given one chooses the right ones.

“Most of the mid cap stocks are looking overvalued but if one has 2-3 years long horizon, one can expect good returns. There are still pockets of midcap space which are at attractive valuation (like specialized engineering companies, niche financing and infrastructure companies) and they are expected to outperform in short term in spite of majority of midcap stocks being overvalued,” said Aasif Hirani – Director, Tradebulls.

Below are five midcap stocks ideas recommend by top brokerages:

India Nivesh

1) L&T Finance Holdings

L&T Fin has delivered better performance in the June quarter despite challenging business environment with healthy loan growth (despite run down of de-focused portfolio), healthy operating profit led by cost saving and positive surprise on asset quality despite transition to 120 dpd.

The brokerage like company’s strategy for FY16-20E of improving ROEs to high teen which will be led by focus on profitable and high margin segments.

India Nivesh maintained ‘buy’ rating on the stock with a target price of Rs 115.

Prabhudas Liladhar

2) Hexaware Technologies

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Hexaware Technologies reported impressive 6.6 per cent quarter-on-quarter dollar revenue growth. The company has guided for a robust second half as well with even fourth quarter of calendar year 2016 to be a good quarter unlike Q4 of CY15 which was soft.

The brokerage believes Hexaware’s performance is particularly heartening against a backdrop of revenue/margin miss by most mid?cap peers. It retained ‘Accumulate’ rating on the stock with a target price of Rs 255. Read more…

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

Welcome back … Good Times!

March 17, 2011 Leave a comment

As the winter recedes and spring is ready to bloom in the northern hemisphere – the fears of doom and gloom recede too. If one looks at the IT Industry worldwide with lens of India-based software service providers, the sense of déjà vu is back. Fond memories of the good times come rushing back.

Now you may ask; what makes me say this?  After a dismal period ranging from late 2008 to early 2010; the tide has turned. After few years, this could well be the first year where Fortune 500 companies may have a year-on-year increase in their planned IT Spend. Further, the stress that had engulfed everyone from the Wall Street to the Main Street and everyone in the middle has dwindled and the early signs of a return to growth have clearly emerged. The visible trends, sound bites cuts across most industry verticals which further reinforce the confidence that IT Industry could register healthy growth in 2011.

You could also ask me; have we gone to the good old days again? I would say – Well, that is where we want to go but we are not there yet. While the mood is buoyant, all the pieces of the jig saw puzzle have not fallen into place yet. There are pockets of concern particularly in continental Europe which are still battling sovereign debt, geo-political uncertainties in Middle East, North Africa and natural calamities in Japan. Hence, it may take a little while longer for all the regions to buzz in unison. Having sounded the cautionary tone, the mood has certainly swung in favor of committing investments; driving growth and leveraging the winds of change.

If you agree with this, you may ask – what does the return to growth mean to me? It certainly signals good times! It means the activity levels will remain high. New clients will be added. New deals will be signed. The clients will reap the benefits of IT Outsourcing and the Service Providers will deliver value. The economics will work in favor of both economies and the employees at both sides will be happy to see more greenbacks (or whatever the color of your currency).

So, join me in ushering in the Good Times again!

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The author of the piece is: Sreenivas V. He is the Chief Strategy Officer at Hexaware Technologies Limited. The contents on the blog above are his personal views.

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