Press Release
Strategic partnership will see Sonata Software delivering managed services at global scale, helping the client leverage Cloud and AI to drive differentiated experiences and business value
Bengaluru (Karnataka) [India], October 10: iNube, a prominent Insurance technology provider, today announced a strategic partnership with Sonata Software, a leading Modernization Engineering company, to bolster go-to-market efforts for Insurers in the US and UK.
Bangalore, INDIA, August 28, 2024: Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernization Engineering company, has announced that it has been chosen as a Strategic IT outsourcing partner by a US-based premier Healthcare and Wellness company.
This strategic deal was successfully secured in June 2024, following an extensive evaluation and selection process and was also discussed during our Q1FY25 earnings call on July 31, 2024.
Sonata Software: International Services Dollar revenue for Q1’25 of 82.7 Mn grew 1.3% QoQ and EBITDA grew by 1.4%. Domestic business delivered Gross contribution for Q1’25 of 68.5 Cr 5.8% QoQ
Bengaluru, July 31, 2024: Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leader in Modernization Engineering, today reported its unaudited financial results for its Quarter ended June 30, 2024.
Bangalore, INDIA, July 29, 2024: Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernization Engineering company, has announced that Applied Systems(Applied), a premier cloudbased software provider in the insurance sector, has selected Sonata Software to support its strategic technology projects.
Sonata Software: International Services Dollar revenue for FY’24 of 323.6 Mn grew 34.3% YoY. Domestic business delivered Gross contribution for FY’24 of 260.4 Cr 18.6% YoY growth in INR. The Board recommends a final dividend of ₹ 4.40 per share (FY’24 total dividend ₹ 7.90 per share).
Partnership combines Denodo’s specialization in Logical Data Management with Sonata’s expertise in Systems Integration to help customers institutionalize data-driven decision making
Additionally, Zones and Sonata Software will jointly invest to bolster innovation to provide value to
customers.
Sonata Harmoni.AI, integrating Microsoft Azure AI services, will help customer reimagine business with Generative AI, differentiating themselves in the marketplace