Birlasoft Named A Top 15 Sourcing Standout By ISG - GADGET-INNOVATIONS

Birlasoft Ltd [BSE: 532400, NSE: BSOFT], part of the USD 2.4 billion diversified, The CK Birla Group, 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 for the Americas region based on annual contract value (ACV) won over the last 12 months, according to the 1Q 2020 Global ISG Index™.

Now in its 70th 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.

Post the successful merger in 2019, Birlasoft has set itself apart as the leading mid-tier Enterprise Digital company by carving out a position in the minds of the world's largest brands through its focused capabilities and experience in transformational projects. Birlasoft has been focusing on large multi-year transformational deals with a true-partner construct, sharing their customers' successes as well as risks. 

In the past 12 months, the company has been experiencing positive disruptions in client’s businesses (BFSI, Energy, Lifesciences, Manufacturing, etc.), accentuated by digital technologies. In turn, the clients’ expectations from Birlasoft have also changed significantly. “Digital, as a pivotal block, now features in every conversation, and has gone much beyond the hype and these applications are now mainstream.

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

Pune, Noida (India) and Edison, NJ (USA), April 21, 2020