Birlasoft Named a Top 15 Sourcing Standout by ISG

Birlasoft Ltd [BSE: 532400, NSE: BSOFT], part of the USD 2.4 billion diversified CK Birla Group, and a global enterprise digital and IT services company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm.

Birlasoft was among the leading providers in the Booming 15 category globally based on Annual Contract Value (ACV) won over the last 12 months, according to the 4Q 2021 Global ISG Index™. This is the seventh consecutive time that Birlasoft has been featured across named categories by ISG.

Now in its 77th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $3 billion and $10 billion), Breakthrough 15 (revenues between $1 billion and $3 billion) and Booming 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional sourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers.

"Being recognized by ISG in The Booming 15 lists for the seventh time is a matter of great pride for us and a validation of our commitment to empowering our customers to navigate through their digital journeys. Our continued focus and a robust customer-centric strategy are helping us respond to rising customer demands in this fast-changing business environment in an agile manner." said Dharmender Kapoor, CEO and MD, Birlasoft.

Birlasoft is a renowned leader in mid-tier Enterprise Digital and IT Services space and has been instrumental in helping organizations challenge the norm and reap the benefits of digital and cloud technologies through robust partnerships, industry experience, and focused investments in futuristic technologies.

Birlasoft's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter.

"The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry," said Paul Reynolds, Chief Research Officer of ISG. "Birlasoft continues to establish itself as a leading and growing player in the global market for managed services, based on its volume of business in relation to other industry providers."

Shares of BIRLASOFT LIMITED was last trading in BSE at Rs. 534.65 as compared to the previous close of Rs. 549.55. The total number of shares traded during the day was 227171 in over 8563 trades.

The stock hit an intraday high of Rs. 553.55 and intraday low of 530.80. The net turnover during the day was Rs. 123413769.00.

Source : Equity Bulls

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