Mphasis is a service-oriented business. An information technology company called MphasiS Ltd (Mphasis) offers cloud and cognitive services as well as digital enterprise automation services. Application services, business process services, blockchain, cybersecurity, artificial intelligence (AI), enterprise automation, and experience design solutions are among the services it offers. Next-generation data, product engineering, agile IT operations, sales force consultancy, AWS, VMware Tanzu, GCP, and Azure services are all provided by the organization. It caters to the public sector, travel and communication, oil and gas, energy and utilities, banking, insurance, financial services, hotel, healthcare, and life sciences. The headquarters of Mphasis are located in Bengaluru, Karnataka, India.
Here is a quick overview of Mphasis
| Details | Info |
| Founded | 1998 |
| Founder | Jerry Rao & Jeroen Tas |
| Headquarters | Bengaluru, Karnataka, India |
| CEO | Nitin Rakesh |
| Industry | Information Technology & Consulting |
| Services | Cloud & Cognitive Services, Application Services, Infrastructure Services, Business Process Services, Data & AI |
| Global Presence | Operations across North America, Europe, and Asia-Pacific |
| Employees | 35,000+ (approx.) |
| Official Website | www.mphasis.com |
Company History
The Indian IT services firm BFL Software Limited (established in 1992) and the US-based IT consulting firm Mphasis Corporation (created in Santa Monica in 1998 by Jerry Rao and Jeroen Tas.) merged to form Mphasis in June 2000. By September 2009, Mphasis was still listed on Indian markets under the name “Mphasis Limited” and was functioning as a separate HP company with its own board.
Current Status
Located in Bengaluru, Mphasis Limited is a multinational Indian provider of information technology services and consultancy. In addition to architecture advice, application development and integration, and application management services, the company offers outsourced services for infrastructure technology and applications. It supports the technology, communication, financial services, and logistics sectors. In India and around the world, Mphasis has over 60 sales and delivery facilities.
Future Outlook
It is anticipated that Mphasis will increase revenue and earnings by 10.8% and 13.2% annually, respectively. It is anticipated that EPS will increase by 13.1% annually. In three years, a return on equity of 22.6% is anticipated. In the second quarter, the company’s revenue increased sequentially by 12.6%. Revenue increased 12.9% sequentially in the first quarter as well. Revenue increased 4% and 5.1% on a quarter-over-quarter basis in the last two quarters. The corporation made a few obvious decisions that led to the growth.
