Zensar bags deals of over Rs100-cr contract value in Europe

The Pune-headquartered firm bagged its first deal with the UK-based utilities major Morrison Utility Services worth USD 6.7 million, which involves cloud based application services and support for 5 years, it said in a statement.

Mid-sized software services firm Zensar Technologies today said it has secured two deals in the European region with contract value of over Rs 100 crore.

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Morrison Utility Services has renewed its existing 5 year contract, that ends in May 2014 by a further 5 years. Zensar also bagged a deal with a large intergovernmental organisation to enhance and support its core applications in Oracle Technologies in a multi-year managed services contract, it added.

"These two deals carry a contract value of over RS 100 crore, and have widened our presence in the accounts to cover a larger IT landscape," Zensar Technologies Vice Chairman and CEO Ganesh Natarajan said. Zensar's business in Europe has seen a significant boost and the government and utilities sector business has been a shot in the arm in this region, in Zensar's core businesses - enterprise application services and infrastructure management, he added.

"With companies investing more in our key markets of the US, Europe and Africa and our service portfolio strong in Infrastructure, Applications and Digital Transformation, we are confident that growth will be robust in this year," Natarajan said.

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