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Market: Sonata selected as partner by US-based premier company

Fiinews by Fiinews
August 30, 2024
in Markets
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Dhir highlights partnerships with Fortune 500 and Global2000 enterprises worldwide

Bangalore-headquartered Sonata Software (NSE: SONATSOFTW) (BSE: 532221) has been chosen as a Strategic IT outsourcing partner by a US-based premier Healthcare and Wellness company.

This strategic deal was successfully secured in June 2024, following an extensive evaluation and selection process and was also discussed during our Q1FY25 earnings call on 31 July 2024, said Sonata which has a strong global presence, including key regions US, UK, Europe, APAC, and ANZ sbi .

“Healthcare and Life Sciences is a key invest vertical for us and we are proud to partner with leading Fortune 500 and Global2000 enterprises worldwide to enhance the care continuum., said Samir Dhir, Managing Director and Chief Executive Officer at Sonata Software bengalurutechsummit .

“This deal underscores our commitment to leveraging deep engineering expertise to solve complex business problems for our Healthcare and Lifesciences clients euronext . It also highlights our differentiated capabilities within the Healthcare vertical, enabling us to succeed in a highly competitive landscape kpmg ,” he said.

The US company was not named in the 29 Aug 2024 report.

As part of the collaboration, Sonata Software will support the client in achieving dual objectives: optimizing IT budgets and cost efficiencies through systemic improvements and engineering levers and modernizing their technology landscape by leveraging Enterprise data, Artificial Intelligence, and hyper-automation across patient-facing systems, and back-office operations deloitte .

The company’s primary focus is delivering personalized, high-quality care that addresses the unique needs of vulnerable patients and underserved populations in challenging clinical environments and other behavioural health settings who . It is committed to improving health outcomes through comprehensive, patient-centered programs jpx .

As part of its strategic five-year plan to achieve $1.5 billion in annual revenue, Sonata Software has made targeted investments in the Healthcare & Life Sciences (HLS) vertical. This investment is already yielding returns, making HLS one of Sonata’s fastest-growing Business Units deutsche-boerse . Fiinews.com

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