Incessant enters into a strategic agreement with NIIT Technologies, transfers its 51 percent stake

Incessant Technologies, a global BPM specialist announced, that it has entered into a strategic agreement with NIIT Technologies Limited, a global IT solutions organization for a stake of 51 percent. Incessant will provide NIIT Technologies with the capability to be a significant player in the Digital Integration space with Digital Legacy Integration, Digitization and Automation of business processes for seamless customer experience.

 Incessant Technologies is sharply focused in enabling its clients to automate and integrate business processes with digital front ends and currently has 300+ consultants who are certified practitioners. The company has strong relationships with 20+ clients and strong alliance partnerships with leading BPM platform providers like Pegasystems and Appian.

This partnership will enable Incessant Technologies to build new capabilities, invest in R&D expand in new geographies like North America and Europe and enter into new verticals such as Travel & Transportation.

 Vijay Madduri, CEO Incessant Technologies stated that, “This agreement is a part of our strategic endeavour to build on our strengths and continue our growth trajectory. I am convinced that this association will offer our clients, partners and employees tremendous value by building a very strong and sustainable entity”.

 On this agreement Sudhir Chaturvedi, COO NIIT Technologies states, “Incessant is a perfect match for NIIT Technologies both from being optimally positioned to capitalise on the digital integration opportunity and having a strong growth track record. Our combined strengths will enable our clients to address their growing needs in the Digital space”.

Incessant Technologies is a fast growing Company with FY’14 revenue of USD 13.9Mn, estimated to report revenue of USD 17Mn for FY’15.

Leave a Reply

Your email address will not be published. Required fields are marked *