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Happiest Minds Re-positions IT Services Business Unit to 'Digital Transformation & Enterprise Solutions'


News provided by

Happiest Minds Technologies Private Limited

10 Feb, 2015, 12:14 GMT

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Happiest Minds Technologies Logo (PRNewsFoto/Happiest Minds Technologies)

BENGALURU and PRINCETON, New Jersey, February 10, 2015 /PRNewswire/ --

- Digital Transformation Successes for Customers Leads to the Change  

- Generates Over 50% Revenue in This Area  

Happiest Minds Technologies, a next generation IT, product engineering services and solutions company today announced that it has repositioned its IT Services business unit as 'Digital Transformation & Enterprise Solutions'. The newly transformed division will enable enterprises achieve differentiated customer experience, business model innovation and operational excellence by leveraging combined strength of SMAC+ Technologies, IoT, Business process and Integration technologies.

     (Logo: http://photos.prnewswire.com/prnh/20140918/706460)

Talking about the repositioning, Ashok Soota, Executive Chairman, Happiest Minds Technologies, said, "We have been successfully enabling Digital Transformation for our customers and have been seeing increasing demand in this area. Going forward, traditional enterprises too will invest in this direction making it a game changer for both the End Customer Organizations and IT Companies. This transition will be a big accelerator for the growth of Happiest Minds."

According to Zinnov's report, 'Enterprise Digital Transformation' is going to impact enterprises across all verticals, especially the customer-facing ones and Enterprises will look to spend USD 70bn in 2015. Happiest Minds is gearing itself to tap into this opportunity.    

Puneet Jetli, CEO, IT Services Business, Happiest Minds Technologies, said, "While Disruptive Technologies have always been a core of our offering, the new name is a more accurate reflection of the BU's focus, competencies and the value proposition. The new positioning will allow us to strengthen our offerings and proposition spanning Advisory, Architecture, Implementation, Support and Modernization Services around Digital Transformation. Managing needs of our current customers plus new opportunities will make Digital Transformation a significant revenue earner for us."

The focus on Digital Transformation spans across Happiest Minds in entirety. The Infrastructure and Security (IMSS) BU creates Infrastructure to support Digital Transformation and the Product Engineering Services BU, develops platforms which enable customers' digital transformation.

The testament to Happiest Minds' growing prowess and recognition in the field of enabling Digital Transformation for its customers comes from the recent accolades of being listed on the Inc. India 'Innovative 100' list, along with being anointed the second fastest growing technology company on 'Deloitte Technology Fast 50 India 2014', and also being ranked #13 in APAC 500 by Deloitte.

With 1400 employees, 90+ valued customers and 16 global offices, Happiest Minds is en route to becoming the fastest Indian IT Services Company aiming to achieve $100mn in revenue and to becoming a public company in next 4-5 years.

About Happiest Minds Technologies 

Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart, Secure and Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure.

Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.

For additional information, please contact:
Sanchita Choudhary
Gutenberg Communications
media@happiestminds.com

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