Zensar Technologies, the leading global technology and business process company, has been awarded the Emerging Business Applications Award for 2009 at the Oracle UK Partner Awards ceremony, held recently in London. Oracle recognised Zensar's continued success in delivering innovative solutions and for providing value to its customers using Oracle Applications and Technology.
Alan Hartwell, Vice-President - Technology Solutions and Channels, Oracle UK, said: “I would like congratulate Zensar for its achievements in demonstrating truly innovative solutions, and for thinking outside the box to bring true business value for customers. The Oracle Partner Network strives to provide support, services and expertise that help our partners succeed, and Zensar has leveraged these elements to accelerate its business. We are proud to be involved with Zensar and wish them the greatest success for the future.”
The company has also seen a surge in its Enterprise Applications business and has added 50 new customers to its oracle business. In the US, the company has built success stories through Greenfield projects using Oracle Business Accelerators, which have been leveraged for faster implementation of enterprise applications and optimisation of costs.
Nitin Parab, Executive Vice-President and Head, Enterprise Application Services (EAS), Zensar Technologies, said: “With over 1 000 Oracle professionals and significant names in its client list, the company is truly poised to be a Tier 1 player in the Oracle space. The Emerging Business Applications Award by Oracle is a validation of our sustained efforts towards providing business excellence to our customers. We have a strategic partnership with Oracle and this further strengthens our relationship.”
Despite current market situations, Zensar has successfully expanded its global presence this year and has added over 120 new customers to its portfolio to build a strong presence in key markets of US, Europe, Middle East, with enhanced focus on the India and the Asia Pacific regions. With the global economic order that is changing every day, the company has also launched an innovative service called 'Impact Sourcing' for its global customers facing pressures on cost and revenue. This highly focused offering will help clients in the current recession to formulate and implement strategies to achieve maximum value for their IT investments through optimisation across the organisation. The service is being simultaneously offered in the USA, Europe, Japan and India and the company expects to garner over 40 million USD of new business through this innovative service, in the next 10 months.
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Zensar Technologies
Zensar Technologies is among the top 25 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 company and was also later certified as a CMMI Level 5 company with industry expertise that spans retail, manufacturing, banking, finance, insurance, telecommunications, utilities and pharma. Zensar has more than 4 800 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Hong Kong, Singapore, Australia, Japan and China. The company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPO and knowledge services. The company has developed tools and methodologies, including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid 'go-to-market' capability. The company supports Fortune 500 clients with software business solutions that help them compete in the digital economy. (www.zensar.com)
Safe harbour
Certain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorised use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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