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 1Q 2022 Global ISG Index™. This is the eighth consecutive time that Birlasoft has been featured across named categories by ISG.

Now in its 78th 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.

"An eighth consecutive mention by ISG in The Booming 15 lists is a great honor and validates our relentless commitment to empowering global customers to achieve their digital transformation and cloud adoption goals. We assist customers in this ever-changing business environment by pivoting them towards achieving agility, resilience, and self-sufficiency.", said Dharmender Kapoor, CEO and MD, Birlasoft.

As a renowned leader in mid-tier Enterprise Digital and IT Services space, Birlasoft has been instrumental in helping customers 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. 425.35 as compared to the previous close of Rs. 424.85. The total number of shares traded during the day was 99721 in over 2992 trades.

The stock hit an intraday high of Rs. 440.70 and intraday low of 414.50. The net turnover during the day was Rs. 43150075.00.

Source : Equity Bulls

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