Momentum good since its merger with Mahindra SatyamINDIAN information technology (IT) company Tech Mahindra is looking at robust organic growth on the back of a 22 per cent increase in revenue for the first full quarter since its formal merger with Mahindra Satyam.迷你倉價錢For the 2013 fiscal first quarter ended June 30, the company recorded revenue of US$724.1 million, 8.9 per cent higher than in the previous sequential quarter.On June 25, Tech Mahindra announced its formal amalgamation with Mahindra Satyam to create an IT solutions company with a combined strength of 84,000 employees in 49 countries and serving more than 500 global customers.The company's profit after tax increased 27 per cent year on year and 7.6 per cent over the sequential quarter to US$120.6 million equivalent over the comparative periods.Revenue for the Singapore-headquartered Rest of World (RoW) region (which includes Asia-Pacific, India, the Middle East and Africa) accounted for 22 per cent of global revenue or US$159.3 million for the quarter ended, an increase of 21 per cent over the year-ago period.To a question of how various stakeholders have responded to the merger, Tech Mahindra's Rohit Gandhi told BizIT that the reception from clients, customers and potential customers has been "unanimously positive"."They now see a strong single entity. Also, they appreciate our new compelling theme 'Connected World Connected Solutions' which brings together the best from the telecom and enterprise world and creates a proposition which will help customers achieve their vision of a digital enterprise in this world of hyper connectivity," Mr Gandhi, who is senior VP and head of the RoW region for Tech Mahindra.He added that employees too reacted very positively to the formal merger. "They were awaiting this for some time. They now feel a part of a strong company."Talking about the region, Mr Gandhi said the company sees opportunities in large transformatio迷你倉庫 deals."Australia is growing for us in the mining sector and we are also focusing on subverticals in Australia such as wealth and superannuation to become leaders in that space. We are also cross-selling infrastructure and BPO (business process outsourcing) services to our existing clients," he said.Also in Australia, the company has been selected by one of the top four banks in the country for the bank's non-linear workspace-as-a-service (WaaS) solution. The scope of the job includes delivering a fully re-architected module enabling best in class virtualisataion capability and higher levels of scalability and performance."Growing countries like Malaysia, Indonesia and the Philippines is high on our agenda. We are seeing great traction in mechanical engineering services in China and in embedded solutions in Japan."Mr Gandhi added that the company has won a deal with a Singapore logistics company.He added that the telco sector is seeing increased traction in network services. "Our entire NMACSSS (network, mobility, analytics, cloud, security, social media and sensors) portfolio is seeing a huge uptake as the building blocks of the digital enterprise. Tech Mahindra was awarded a multimillion-dollar system integration and managed services deal across six to seven countries in Asia and Africa by a leading emerging market telco."While the company is seeing robust organic growth, we are also on the look out for merger and acquisition opportunities in the region, said Mr Gandhi.Tech Mahindra's MD, C P Gurnani, noted that the consumerisation of IT, unified networks, Internet of Things, big data, faster analytics and supercomputing have become the primary drivers of business efficiency now."We are leveraging our collective expertise in cloud, analytics, social, security, mobility and networks to create digital enterprises globally, powered by an entrepreneurial culture and the veritable power of a unified combine," he said.儲存
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