Zensar Company Snapshot

Business Overview -

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Information technology and business process outsourcing company. IT Services company have 14 years of experience in IT Services Currently there are 100 clients customer segments - existing Fortune 500 and FTSE 100 Outsourcers; first time outsourcers (FTO) with specific consulting, collaborative development and shared control needs and the third, a niche market of the ERP clients with implementation / migration / offshore support needs. 2007 revenues at Zensar Technologies Ltd. totaled 6.1B, while annual earnings equaled 24.05 per share Company has manufacturing domain competency coupled with indepth functional and technical skills Headquartered in Pune, Services spread across 5 continents Owned by RPG group More expertise in domains like retail, financial services, manufacturing, media and entertainment, telecom, utilities, pharma, textile, and logistics industries.

To manage its growth efficiently and focus on profitability, your Company has restructured itself in three main platforms, which would be effective from April 2007
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Global Outsourcing Business: offering outsourcing services for application development, maintenance, support, migration, infrastructure management and testing. The business unit offering business process outsourcing services also belongs to this umbrella platform, providing services from transition to optimization of processes – through both its voice and transaction processing services. Enterprise Application Services: servicing with package implementation, migration, upgrade, support and maintenance services. Newer growth areas of Business Intelligence and Data warehousing are also offered by this platform Innovative Technology Solutions: providing application modernization, product engineering services, and embedded systems and system software services.

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Partnerships Major Customers Cisco, National Grid, Fujitsu, Sprint, Marks and Spencer, Danaher Corporation, Electronic Arts, Electronic Data Systems, and P&O Nedlloyd Technology Partners IBM, Microsoft, Sun Microsystems, Oracle and Tibco

Financials Stock

Reasons for decreasing stock prices a) Slow down in the world economy and depreciating dollar value b) Resignation of many directors c) Layoff of 2% of the unproductive workforce Year over year, Zensar Technologies Ltd. has been able to grow revenues from 4.3B to 6.1B. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 71.88% to 70.24%. This was a driver that led to a bottom line growth from 339.3M to 571.9M. Cash reserves at Zensar Technologies Ltd. fell by 113.9M. Cash flow from operations has increased but CFI is low. Cash from financing is also positive because company has borrowed resources to spur their growth. Company has decided to buy back shares from Fujitsu

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Strategic Focus
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More focus on enterprise application business after acquisition of Thoughtdigital a subsidiary of SOA ink. The company is acquired to strengthen oracle enterprise application business. New deals are clinched in countries like South Africa and China. Therefore they are looking from opportunities in other regions apart from US More focus on non financial verticals like Media, Manufacturing and Logistics specially in Oracle implementation Joint-venture with Japan based EZA Co Ltd. The initiative should see a stronger footprint for the Company in the emerging Japanese market

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Clinched deals in insurance domain to strengthen their financial verticals Infrastructure Management, Business Intelligence & Data warehousing and Testing as high growth area

News
Zensar wins 11 Mn USD of Oracle Business Surge in enterprise applications business (Oracle), Oracle contracts in key verticals of manufacturing, media, hi-tech and business services. The newly acquired entity ZTD has already begun to show substantial traction in R12 Implementations and in leveraging Zensar's offshore capabilities. Oracle financials and procurement package implementations for a leading provider of trade, transportation, and travel information, news and Intelligence; a subsidiary of a multi-billion dollar global media Company The Company has also won an Oracle eBusiness Suite implementation for a leading electronic manufacturing services Company. The Company is also implementing an 11.5.10 EBS suite for a venture backed hi-tech airport security Company out of the East Coast.

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Zensar Technologies acquires ThoughtDigital

Pune (India) February 23, 2007: Zensar Technologies, one of India's leading IT service providers and a major player in the Oracle space announces the completion of its 100% acquisition of ThoughtDigital, in an all cash deal. ThoughtDigital owned by SOA Software, is a leading profitable East Coast (USA) systems integrator, which specializes in Oracle Apps and is based out of New York. With a turnover of $ 27 million as on year ended Dec 31st 2006, ThoughtDigital employs 120 Oracle consultants and has a strong client base in verticals like Communications & Media, Financial Services, Consumer Products & Services.
Zensar Offers tech to China Universities

Zensar Technologies has offered to collaborate with the Hubei Province of China to extend its global delivery platform to support academic institutions in the province. After success of our global delivery platform in enabling technology collaboration in a number of Universities in India, Essex and Sydney, we are extending the programme to 33 Universities of Hubei in China, increasing our global footprint, " said Ganesh Natarajan, Deputy Chairman and CEO of Zensar Technologies. Thirteen Chinese delegates visited the company's headquarters at Kharadi, Pune to sign the Memorandum of Understanding (MoU) for the same.
Zensar Launches its Insurance Vertical With 10 Million USD Business

Zensar Technologies, the leading global IT and business process outsourcing services provider, today announced the win of a 7 Mn USD Insurance deal with a large South African Insurance company. The customer requires multiple components of Maintenance and Support, Testing, COMPASS skills, Application Migration and Enterprise Architectural Consulting. The deal as of now with current components is at 7 Mn USD and promises to grow significantly over the next 3 years, with a number of opportunities already in the pipeline

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