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, as well as for the Americas region based on Annual Contract Value (ACV) won over the last 12 months, according to the 3Q 2021 Global ISG Index™. This is the sixth consecutive time that Birlasoft has been featured across named categories by ISG.
Now in its 76th 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.
"Our continued mention in The Booming 15 lists, according to ISG is a testament to our journey towards empowering global corporations through 'digital-in-everything' and cloud-first approaches. Customers across the world value our industry-focused, cutting-edge, and transformational solutions which promise to power them into a digitally-enabled future.", said Dharmender Kapoor, CEO and MD, Birlasoft.
As a leader in the mid-tier Enterprise Digital and IT Services space, Birlasoft has been instrumental in helping organizations raise themselves to the power of digital and cloud through robust partnerships, industry experience, and focused investments in futuristic technologies. Over the past few years, many Fortune 500 companies and premier global brands have chosen Birlasoft as a business transformation partner, due to its all-encompassing strategy of improving customer-centricity through the levers of empowered people, cohesive business models, and sustainable technology.
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. 423.70 as compared to the previous close of Rs. 417.05. The total number of shares traded during the day was 146001 in over 5573 trades.
The stock hit an intraday high of Rs. 426.85 and intraday low of 417.85. The net turnover during the day was Rs. 61578054.00.