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Sonata Software's shares rose over 3% to an intraday high of Rs 649 on November 28, following a multi-million-dollar modernization deal in Australia with a leading access solutions client. The agreement aims to streamline and standardize business processes across 13 countries in the APAC region, enhancing operational efficiency and real-time collaboration among stakeholders. Chief Revenue Officer Anthony Lange emphasized the focus on automating end-to-end processes using Microsoft’s technology to ensure scalability and seamless adoption for the client.
Sonata Software's stock rose 5% to Rs 613 after securing a multi-year AI-driven managed services contract with a Fortune 500 manufacturing company. This partnership aims to modernize operations and enhance user experience, leveraging AI solutions for improved efficiency and ROI. The collaboration reflects Sonata's commitment to supporting the client's global expansion and digital transformation efforts.
Anthony Lange
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Sonata Software shares rise on securing major modernization deal in Australia
09:38 28.11.2024
Sonata Software secures multi-year AI deal boosting stock by five percent
09:46 23.10.2024
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