After Bluefin, Magnet merger might help to grow customer base: Rostow Ravanan, CEO & MD, Mindtree - News Summed Up

After Bluefin, Magnet merger might help to grow customer base: Rostow Ravanan, CEO & MD, Mindtree


From a sectoral perspective, you BFSI is turning out slightly slower than the rest of the industry on adopting digital. Our focus on doing traditional services with new technologies like automation are resonating with clients very strongly, which was reflected in very large deal wins over the last three or four quarters. On an aggregate, we have probably signed more than a $1billion worth of contracts over the last four quarters. If you for example, look at the year ended March 2017, digital grew twice the average of Mindtree which is approximately 18% whereas Mindtree grew about 9.5%. However, even on the traditional service lines like application maintenance services, infrastructure maintenance services testing etc.


Source: Economic Times September 19, 2017 07:49 UTC



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