Saksoft To Strengthen Its Operations Globally; Stock Soars 6%
Saksoft, a global software services company focusing on the BFSI segment, has revealed its plans to increase focus on markets across geographies such as US, UK, Europe, India and APAC.
The company, which acquired 7 new clients in last two quarters, expects to double its revenue and headcount in next three years.
Saksoft specializes in providing technology solutions in Information Management (IM), Web Development and Business Application Testing, has development centers in Noida, Chennai and Manchester (UK).
Experts believe that investment in technology is the best bet for Banking and Financial Institutions to survive the present downturn, unscathed.
Besides acquiring new business, Saksoft is also looking busy strengthening relationships with its key clients by offering them a spectrum of new services.
Recently, Saksoft has launched an Advanced Reduplication Solution designed specifically to suit the requirements of high customer data intensive sectors such as banks, insurance, telecom, credit bureaus and airlines.
On the back of positive announcement, the shares of the company were trading at Rs 36.50, up 6% compared to previous close of Rs 34.50. (12:50 pm).