Blackstone’s reinvestment through a fresh commitment from new funds is a strong vote of confidence in our clients, investors, employees and board. Additionally, the co-investment from the Abu Dhabi Investment Authority and The Regents of the University of California has opened up new markets. This will accelerate our growth to scale higher summits.
We move into FY23 with confidence based on expanded access to multiple customer segments. Our velocity of growth is driven by a relentless pursuit in the following areas:
Our new Mphasis Canadian HQ in Calgary, Alberta, in partnership with the Government of Alberta and the University of Calgary, is a great showcase of public-private partnership for tech transformation. We accelerated our European expansion with the launch of our German hub in Dusseldorf for delivery of operational and digital services. We converted several marquee logos, made strides into newer domains and signed a significant number of integrated, multi-component deals as part of our New Client Acquisition strategy. As a ‘partner of choice’ in the core verticals of banking and capital markets, and insurance, we have expanded our European operations into the UK, Ireland, Nordics, Benelux and Germany, and also diversified our global talent pool to include Mexico, Costa Rica, Canada and Taiwan.
We have proactively aligned ourselves to new growth areas with engineering- and design-driven solutions, research and IP creation. We were awarded a US patent for our AI-driven application and infrastructure management solution that enables enterprises to optimize their technology investments through in-depth data analysis.
Domain and engineering expertise, IP assets and applied tech continued to be the stars in crafting our next-gen portfolio of full-stack solutions.
With this expertise, we have made strong forays into healthcare and life sciences, travel and transportation, and hi-tech industries.
We provide digitally driven solutions and platforms to connect, transform and deliver innovative and quality integrated outcomes.
We engaged with a healthcare company to migrate their TPA applications to the Mphasis Javelina platform to manage future business needs, manage their business operations, develop and support EMR applications and rearchitect the PACE platform.
Our Airline Data Platform – a cloud-native data platform with ready-to-use business models – and AWS partnership enabled us to sign marquee logos and achieve significant wins.
We are engaged with a major US airline in their digital transformation journey including cloud migration, modernization, application security remediation, DevOps, disaster recovery implementation along with supporting their key airline products, end-to-end.
In the Hi-Tech vertical, we are working with industry leaders across four focused sub-sectors – server, storage and network, print and personal systems, ISV and MedTech.
As a long-term partner of a leading manufacturer of optical systems and optoelectronics, we were chosen for a flagship visionary app project of their R&D President. We developed an innovative solution – a path-breaking software-as-a-medical device that will also serve as a transformation concept for the MedTech industry, with our deep domain expertise and our next-gen technology stack.