Zensar Technologies
Company type | Public | |
---|---|---|
| ||
Industry | Parent RPG Group | |
Website | www |
Zensar Technologies Limited is an Indian
History
Zensar traces its origin to 1922 when a
In February 2000, the company renamed to Zensar.
By 2012, Zensar had approximately 11000 employees servicing 400 clients in over 20 global locations[8] and at the end of the 2019 financial year earned revenues of over US$550 million.[2][9]
Sandeep Kishore was named Zensar's
As of October 2018[update], Zensar Technologies has offices in over 20 countries.[11] It is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) and is a component of several indices including the NSE's Nifty 500 and the S&P BSE 500.[12] In December 2020, Ajay S. Bhutoria was named Zensar's CEO.[3]
Zensar's business is spread between North America, United Kingdom, parts of Europe and South Africa.[13] Zensar's teams work out of 33 global locations, including offices of acquired entities.
In April 2023, its South African subsidiary marked the 1000th internship of young locals as part of the initiative launched in 2008 to prepare youth for the IT-sector.[14]
Acquisitions
The following is a list of acquisitions made by Zensar since 2005.
Venture | Date | Company | Value | Location base | Capabilities added |
---|---|---|---|---|---|
Acquisition | 2021 | M3bi | N/A | US | Capabilities strengthened in Data Engineering and Advanced Analytics, Advanced Engineering and Experience Services. Strengthens BFSI and other verticals [15] |
Acquisition | 2018 | Cynosure INC | US$33m | US | Guidewire capabilities. Entry into Property and Casualty Insurance sector. Core system modernization [16] |
Acquisition | 2007 | ThoughtDigital | US$24.9m | US | [17] |
Joint Venture |
2013 | EZA | N/A | Tokyo | Formed Zensar Advanced Technologies[18][19] |
Acquisition | 2005 | OBT global | N/A | Hyderabad | [20] |
Acquisition | 2010 | Akibia Inc | US$100m | Westborough, Massachusetts | [21][22][23] |
Acquisition | 2014 | Professional Access Inc | N/A | New York | [24] |
Acquisition | 2016 | Foolproof, Inc. | N/A | London | User Interface, User Experience Strategy & Planning
Design and create digital products for customers.[25] |
Acquisition | 2017 | Keystone Logic | N/A | US | Omnichannel retail order and warehouse management[26][27] Digital Supply Chain, Direct to Consumer fulfilment – Order Management, Warehouse Management expertise. Supply Chain Competency – Implement, Engineer, Optimize, Support |
Acquisition | 2018 | Indigo Slate | US$18m | US | Digital marketing services. CX, UX, Design & Content Development capabilities. High-quality digital studio and local CX/UX presence in the US [28] |
Locations
Zensar has offices in 33 global locations.[29]
Name | Location |
---|---|
Zensar Technologies UK Ltd. | United Kingdom |
Zensar Technologies B.V. | Geneva |
Zensar Technologies B.V. | The Netherlands |
Zensar Technologies Keizersgracht | The Netherlands |
Zensar Technologies Herriotstraße | Frankfurt, Germany |
Zensar Technologies Regus Business Centre GmbH | Austria |
Zensar Technologies, Inc. | United States of America |
Zensar (Africa) Holdings (Pty) Ltd. | Johannesburg |
Awards and recognition
Zensar was the innovation award winner in the "Creating an Impact-IT Skills" category at India Perspectives 2018. Gartner
The company won the 2021 BIG Innovation Award for Technology.[32] The company also won at the 11th Annual Aegis Graham Bell Awards under the AI-Powered Innovation for Enterprise category.[33]
See also
- List of public listed software companies of India
References
- ^ ISBN 978-93-5150-862-5.
- ^ a b "Zensar reports 27.4% YoY growth in PAT for FY21".
- ^ a b "Ajay Bhutoria to take over as Zensar CEO". Economic Times. 12 December 2020. Retrieved 25 January 2021.
- ^ "Zensar Technologies Stock". Bombay Stock Exchange. Retrieved 18 February 2020.
- ^ a b "Apax Partners-backed firm buys 23.2% in Harsh Goenka's Zensar Technologies". Business Today. 9 October 2015. Retrieved 20 March 2020.
- ^ a b "Alumni and Corporate Relations". Indian Institute of Technology Bombay. Dr. Ganesh Natarajan. Archived from the original on 13 October 2018. Retrieved 13 October 2013.
- ISBN 9789351508625. Retrieved 20 March 2020.
- ^ Bhide, Sachin Mohan (2012). "CHAPTER 6: Zensar Technologies Ltd. Case Study" (PDF). Study of change in composition and direction of exports by information technology companies in and around Pune (PhD). guide: Dr. M. R. Tambe. Savitribai Phule Pune University. Archived (PDF) from the original on 14 October 2018.
- ^ a b Datta, Aveek (27 March 2019). "Zensar Technologies: On the digital highway". Forbes India. Archived from the original on 20 March 2018.
- ^ Sanjai, P.R. (14 December 2015). "Zensar appoints HCL's Sandeep Kishore as CEO and MD". Livemint. HT Media Ltd. Archived from the original on 11 October 2018. Retrieved 11 October 2018.
- ^ "Zensar Technologies Ltd". NDTV Profit. Reports - History. Archived from the original on 14 October 2018. Retrieved 14 October 2018.
- ^ "ET Markets". The Economic Times. Zensar Technologies Ltd. Archived from the original on 13 October 2018.
- ^ Sangani, Priyanka (28 October 2019). "Zensar's financial services focus pays off in South Africa". Economic Times. Retrieved 20 March 2020.
- ^ "Zensar's Skills Development Program in South Africa reaches the milestone of its 1000th intern". EquityBulls. 19 April 2023. Retrieved 24 April 2023.
- ^ "Zensar acquires M3bi for $33 million". The Economic Times. Retrieved 3 June 2021.
- ^ "Zensar to acquire Cynosure for $33 mn". The Economic Times. 21 March 2018. Archived from the original on 9 May 2018. Retrieved 9 May 2018.
- ^ "Zensar buys Thoughtdigital". The Economic Times (IndiaTimes). 24 February 2007. Archived from the original on 10 February 2019. Retrieved 10 February 2019.
- ^ "Zensar Tech in JV with Tokyo firm". Business Standard, India. 5 February 2013. Archived from the original on 10 February 2019. Retrieved 10 February 2019.
- ^ "Director's report on Zensar Advanced technologies". Archived from the original on 30 November 2009. Retrieved 11 November 2009.
- ^ "Zensar Acquires OBT Global".
- ^ "Zensar Technologies acquires Akibia Inc". added acquisition. Archived from the original on 10 July 2011. Retrieved 24 November 2010.
- ^ "Zensar acquires US IT slotion firm Akibia for $66 million". The Economic Times. 23 November 2010. Retrieved 12 November 2019.
- ^ Pilon, Matt (18 June 2013). "Post-Acquisition, Akibia Is Fully Assimilated". EBJ. Retrieved 7 November 2019.
- ^ "Zensar Technologies Inc. acquires Professional Access Inc". Archived from the original on 4 March 2016. Retrieved 30 January 2016.
- ^ "Foolproof acquired by Zensar Technologies" (PDF). Archived from the original (PDF) on 4 November 2016. Retrieved 2 November 2016.
- ^ Pramanik, Ayan (31 March 2017). "Zensar Technologies to acquire Keystone Logic for Rs 132 cr". Business Standard India. Retrieved 31 January 2019.
- ^ "Keystone Logic acquired by Zensar Technologies". Archived from the original on 6 April 2017. Retrieved 4 April 2017.
- ^ "Zensar Acquires Indigo Slate, a US Based Digital Agency | Markets Insider". markets.businessinsider.com. Archived from the original on 4 September 2018. Retrieved 3 September 2018.
- ^ "Zensar - Think Velocity". www.zensar.com. Retrieved 27 August 2021.
- ^ "Zensar named Niche Player in 2019 Gartner Magic Quadrant for Managed Mobility Services, Global". Business Standard. 25 July 2019. Retrieved 20 March 2020.
- ^ "With 30% Earnings Growth, Did Zensar Technologies Limited Outperform The Industry?". Yahoo! News. 11 July 2019. Retrieved 27 March 2020.
- ^ "7 Executives, 52 Companies and 137 Products Win 2021 BIG Innovation Award". Business Intelligence Group. Retrieved 27 August 2021.
- ^ "Zensar wins at the 11th Annual Aegis Graham Bell Awards; stock gains 2%". www.indiainfoline.com. Retrieved 27 August 2021.