Hexaware Technologies Ltd, a global provider of disruptive IT & IT-enabled services, complex technology solutions and automation-led Business Process services, today announced the launch of its new Professional Services unit and the appointment of Arun Ramchandran as Executive Vice President and Head of the Professional Services Vertical.
This addition comes at a juncture, when Hexaware, with its new brand identity and renewed focus, is on a transformational journey, revolutionizing IT, helping customers reimagine their businesses, reduce IT spend and accelerate digital business transformation, fuelled by innovation and automation. Arun, who is based out of Palo Alto in CA, will be leading this newly formed strategic initiative and will work directly with Hexaware's Professional Services clients globally, expanding on existing relationships and nurturing new ones, delivering digital transformation services to enable innovation and agility.
Arun Ramchandran (aka R. Arun Kumar), brings over 20 years of experience in the Business-enabling IT services space, with close to 6 years at a French multinational IT consulting & services provider, as an Applications Services' Executive Board Member, and as the Chief Client Officer for their Technology & Engineering Services Unit. Prior to which, Arun spent more than a decade at another Tier-1 IT services provider, leading their Global Life Sciences unit, as a P&L head. He holds a B.Tech degree from IIT, Mumbai, and an MBA from IIM, Calcutta.
Speaking on the strategically formed Professional Services' Business Unit and welcoming Arun Ramchandran to Hexaware, R Srikrishna, CEO & Executive Director, Hexaware Technologies Limited said, "The Professional Services vertical will be an important growth driver for us for the next several years. I am thrilled to welcome Arun to our leadership team. His extensive and diverse experience, combined with enviable depth of knowledge and dedication, a creative business mindset, and a Silicon Valley base, makes Arun the perfect fit for this challenging role.
Commenting on his new role, Arun Ramchandran stated, "With higher levels of digitalization across industries, Professional Services organizations are at the vanguard of digital transformation. Client expectations have become more nuanced and engagements require increasing levels of understanding and maturity in areas related to Customer Experience, IT Portfolio Management, Cloudnative Solutions, Automation, Cognitive Systems, IoT, and Blockchain. Some of these are being led by the innovation eco-system and start-ups in the San Francisco Bay Area, and having a network here gives me an unparalleled vantage point to drive these conversations with our clients globally and reposition Hexaware as a digital and innovation pioneer within its competitive peer group.
Shares of HEXAWARE TECHNOLOGIES LTD. was last trading in BSE at Rs.256.15 as compared to the previous close of Rs. 247.1. The total number of shares traded during the day was 157360 in over 2048 trades.
The stock hit an intraday high of Rs. 257.95 and intraday low of 248.6. The net turnover during the day was Rs. 40112429.
Source: Equity Bulls