Hexaware recognized in Everest Group’s PEAK Matrix IT Service Provider of the Year™, 2020 — For the Fourth Time in a Row

March 18, 2020

Mumbai, March 18, 2020 – Hexaware Technologies Ltd, the fastest growing automation-led, next-generation provider of IT, BPO and consulting services, today announced that it has ranked for the fourth time in a row, among IT services (ITS) providers receiving Everest Group’s PEAK Matrix Service Provider of the Year™ 2020 awards. It has also ranked fifth under Top ITS Challengers for the year category.

Everest Group’s PEAK Matrix® assessments serve as a valuable resource for service providers’ selection guidance, as well as, nuanced insights into providers’ strategies, for key business lines, geographies and technologies. Now, in their fifth consecutive year, the PEAK Matrix Service Provider of the Year™ awards acknowledge IT service providers who have demonstrated consistent leadership in the PEAK Matrix evaluations issued by the Everest Group in the previous year.

Hexaware is featured in the awards for ITS Top 20 list, which is created using a consolidated score reflecting points received on individual evaluations based on tiered scores for Star Performer, Leader, Major Contender and Aspirant positions. Additionally, Hexaware is featured in the ‘Top 10 ITS Challenger’ category, which identifies service providers with less than US $2 billion in annual revenue who are credible partners for enterprises in the digital-first era as Challengers.

“Rapid market evolution is our driving force for innovation”, said R Srikrishna, CEO, Hexaware Technologies Ltd. “Our endeavour is to deliver a smooth digital journey by leveraging automation extensively, managing end-to-end cloud transformation and creating customer intimacy as our competitive advantage” he further added.

Hexaware has been maintaining consistent profitability and industry-leading shareholder returns and delivering exceptional value through its core strategy focused on – ‘Automate Everything’, ‘Cloudify Everything’ and ‘Transform Customer Experiences’. The company has been forging ahead with innovative service offerings like Digital Resolver – next-gen digital ops using its next-gen IT framework RAISE IT, automation-first testing architecture, cloud enablement and enhancement, RPA-enabled Digital Managed Services, digitizing back office operations, customer experience design, robotics and blockchain.

About Hexaware:

Hexaware is the fastest growing next-generation provider of IT, BPO and consulting services. Our focus lies on taking a leadership position in helping our clients attain customer intimacy as their competitive advantage. Our digital offerings have helped our clients achieve operational excellence and customer delight by ‘Powering Man Machine Collaboration.’ We are now on a journey of metamorphosing the experiences of our customer’s customers by leveraging our industry-leading delivery and execution model, built around the strategy— ‘Automate Everything, Cloudify Everything, Transform Customer Experiences.’

We serve customers in Banking, Financial Services, Capital Markets, Healthcare, Insurance, Manufacturing, Retail, Education, Telecom, Hi-Tech & Professional Services (Tax, Audit, Accounting and Legal), Travel, Transportation and Logistics. We deliver highly evolved services in Rapid Application prototyping, development and deployment; Build, Migrate and Run Cloud solutions; Automation-based Application support; Enterprise Solutions for digitizing the back-office; Customer Experience Transformation; Business Intelligence & Analytics; Digital Assurance (Testing); Infrastructure Management Services; and Business Process Services.

Hexaware services customers in over two dozen languages, from every major time zone and every major regulatory zone. Our goal is to be the first IT services company in the world to have a 50% digital workforce.

Learn more about Hexaware at https://www.hexaware.com

Safe Harbor Statement:

Certain statements in this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.

For more information contact:

Sreedatri Chatterjee
Hexaware Technologies Limited
Tel: +91 900 426 3405
E-mail: sreedatric@hexaware.com