The dip in revenues in FY10 led Precision to consolidate their operations.
The services business picked up. Third-party maintenance and support was the
major contributor to the companys revenues. Major customer wins came in from
government, BFSI, manufacturing and IT/BPO; though Precision did not ink any big
deals in FY10. It started focusing on ERP solutions, VMware, virtualization,
Citrix solutions and Microsoft, Linux based deployments. Info-Drive
Softwarewhich acquired 51% stake in Precision two years backcompletely backed
the company during the recession.
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