Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusinessStocks

Sonata Software share price up 3% on partnership with IT solutions provider

Zones and Sonata Software will support cost efficiency and data optimization through joint offerings and delivery of industry-specific solutions.

March 19, 2024 / 10:01 AM IST
Sonata Software

As part of the five-year partnership, Zones and Sonata Software will support cost efficiency and data optimization.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of Sonata Software were up more than 3 percent in the opening trade on March 19 after the company signed a joint Go-to-Market agreement with end-to-end IT solutions and cloud-managed services provider.

At 09:28am, Sonata Software was quoting at Rs 749.50, up Rs 5.30, or 0.71 percent, on the BSE.

As part of the five-year partnership, Zones and Sonata Software will support cost efficiency and data optimization through joint offerings and delivery of industry-specific solutions.

Sonata Software brings extensive application services experience and proven approaches to support customers with their application migration and modernization efforts, while Zones provides a suite of offerings and solutions to support customers in their end-to-end digital journey.

Catch all market action in our live blog

“This strategic alliance with Zones signifies our steadfast focus on delivering holistic solutions that empower clients through a combination of expertise and solutions, enabling them to migrate and modernize their applications seamlessly in their digital transformation journeys. Our combined efforts will pave the way for increased efficiency and innovation in the ever-evolving technology landscape," said Samir Dhir, Managing Director and Chief Executive Officer of Sonata Software.

Earlier this month, the company announced its plan to set up a delivery centre in Kraków, Poland, which will support the growing demands for business transformation, modernisation and cost optimisation initiatives, from global clients in Europe.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Moneycontrol News
first published: Mar 19, 2024 09:49 am

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347