The world of MphasiS is a thrilling arena as we continue to transform
and evolve, staying focussed and relevant to all our stakeholders.
In the past three years, I have been communicating to you about our
journey towards ''Hyper-specialisation'' and growing the Direct
Business. We have worked relentlessly towards this strategy... Our
revenue growth from the Direct Business is a testimony of a successful
Our Direct Business:
- Which comprised of 46% of our total revenue in FY 2012 is now 60%
- Has grown 133% since FY 2010
- Mature markets business has grown 162% since FY 2010 and 62% in FY
2013 alone When I look back at Q4 FY 2013, I see multiple positives:
- Our customer intensity has gone up: Eleven out of the top twelve
accounts have shown QoQ growth
- Our large deals initiative gaining momentum: Resulted in a win of
$115 million TCV
- Our portfolio specialisation is bringing vibrant value proposition
MOATIS has won a significant deal
As our marketplace and organisation is confronting a time of many
changes, we are meeting newer opportunities and winning avenues. Our
successful track record of steering your company to the Billion Dollar
revenue mark means nothing in the context of future.
We have to constantly redefine the paradigm and collaborate with all
our stakeholders - to pave the path for a successful future.
The Time is Right and the Time is Now to lift the game for MphasiS. I
look forward to your sustained partnership in enabling our
transformation and I am excited about the journey ahead and the
potential the marketplace holds.
We will stay focussed with greater level of specialisation, automation
and innovation thereby generating greater value to our customers
resulting in greater value to you.