Press Release | Top 15 Sourcing Standout by ISG

The recognition was in accordance with the 1Q 2022 Global ISG Index™

Pune, Noida (India) and Edison, NJ (USA) | April 20, 2022: Birlasoft Ltd [BSE: 532400, NSE: BSOFT], part of the USD 2.4 billion diversified CK Birla Group, and a global enterprise digital and IT services company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm.

Birlasoft was among the leading providers in the Booming 15 category globally based on Annual Contract Value (ACV) won over the last 12 months, according to the 1Q 2022 Global ISG Index™. This is the eighth consecutive time that Birlasoft has been featured across named categories by ISG.

Now in its 78^th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $3 billion and $10 billion), Breakthrough 15 (revenues between $1 billion and $3 billion) and Booming 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional sourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers.

"An eighth consecutive mention by ISG in The Booming 15 lists is a great honor and validates our relentless commitment to empowering global customers to achieve their digital transformation and cloud adoption goals. We assist customers in this ever-changing business environment by pivoting them towards achieving agility, resilience, and self-sufficiency." said Dharmender Kapoor, CEO and MD, Birlasoft.

As a renowned leader in mid-tier Enterprise Digital and IT Services space, Birlasoft has been instrumental in helping customers challenge the norm and reap the benefits of digital and cloud technologies through robust partnerships, industry experience, and focused investments in futuristic technologies.

Birlasoft’s inclusion in the ISG Index™ is based on data the company submits to ISG each quarter.

"The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry," said Paul Reynolds, Chief Research Officer of ISG. "Birlasoft continues to establish itself as a leading and growing player in the global market for managed services, based on its volume of business in relation to other industry providers."

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

About Birlasoft

Enterprise to the Power of Digital^TM

The Possibilities are Endless When You Challenge the Norm

Birlasoft combines the power of domain, enterprise, and digital technologies to reimagine business processes for customers and their ecosystem. Its consultative and design thinking approach makes societies more productive by helping customers run businesses. As part of the multibillion-dollar diversified CK Birla Group, Birlasoft with its 11,900+ professionals, is committed to continuing the Group’s -year heritage of building sustainable communities.

For further information please contact:

Press Contact, Birlasoft Ltd

Arnab Bhattacharya
Senior Account Manager
Genesis BCW
Mobile: +91 - 783 831 1985

Disclaimer

Some of the statements in this update that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions, and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements.

These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.

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