- Awarded Platinum Partner Status as a System Integrator on a global platform
- Associated with Oracle for 13 years with expertise across different product lines
Hexaware Technologies Limited., a leading global provider of IT, BPO and consulting services, today announced that the Company has achieved Platinum Partner status in the Oracle PartnerNetwork (OPN). This Platinum level partnership recognizes Hexaware as a System Integrator for its in-depth expertise in showcasing capabilities across the entire suite of Oracle Applications including Oracle’s PeopleSoft Enterprise, the Oracle E-Business Suite, Oracle’s Siebel CRM and solutions such as Oracle Business Intelligence Enterprise Edition and Oracle's Hyperion performance management applications.
“Hexaware is proud to have graduated to the elite Platinum level in the Oracle PartnerNetwork. The successful collaboration with Oracle over the past 13 years has resulted in benefits such as winning new clients in different verticals as well as securing large deals including the recently signed deal worth $ 110 mn in calendar Q2 2010,” said Moorthi Chokkanathan, Executive Vice President & Global Head – Enterprise Solutions, Hexaware Technologies Limited.
Hexaware has demonstrated excellence in different assignments such as global roll-outs, product upgrades, customizing the core product to clients’ unique requirements, accelerated testing and smooth integration with other IT applications; thereby, offering end-to-end services to several joint customers globally. During the earlier phase of the relationship, Hexaware worked extensively to offer insights on the product development of PeopleSoft Enterprise. In addition, Hexaware has delivered 500+ projects cutting across industry-leading Oracle’s product lines spanning most of the modules catering to a number of joint customers in the process.
Recently, Hexaware further strengthened its commitment to Oracle by the following key initiatives:
- During the previous quarter, Hexaware signed its largest deal to date worth $ 110 mn with a leading Fortune 500 corporation in the United States of America. An integral component of this engagement includes a product upgrade to and subsequent maintenance of certain modules of the Oracle E-Business Suite Release 12 product.
- Caliber Point, the wholly-owned BPO subsidiary of Hexaware launched ‘Republic’, a multi-tenancy HR services delivery solution built on the Oracle E-Business Suite Release 12. This launch marked the identity of Caliber Point as one of the first BPO service providers in India and one of the few in the world to provide a complete platform-based BPO service offering. With a strong entry into the Software as a Service (SaaS) segment, Republic is based on a Per Employee Per Month (PEPM) pricing model offering flexible and cost-effective solutions.
- In line with Oracle’s approach to address customers’ unique challenges pertinent to their industry segments, Hexaware provides complimentary services and value-added offerings built on Oracle’s industry-specific product portfolio especially in the Travel & Transportation domain as well as in the Financial Services Vertical.
- Hexaware strengthened its presence in the Education and Research (E&R) market by collaborating with Oracle and leveraging its Campus Solution products. During the last two quarters, Hexaware added 6 academic universities as clients across Australia, United Kingdom and the United States of America.
- Hexaware set up a Center of Excellence (CoE) to focus primarily on the next-generation product – Oracle Fusion. The Company is closely associated with Oracle to enhance the customer experience as clients opt to migrate to this new product.
“The achievement of Platinum membership means that Hexaware can distinguish its competencies and refine its solutions within specialization categories around Oracle applications and technology. This enables prospects and clients to easily identify the partners who best align with their business objectives,” said Andy Bailey, Senior Vice President, Worldwide Systems Integrator Alliances at Oracle.
As a platinum partner Hexaware technologies will experience privileges and services exclusively designed by Oracle to encourage leadership and specialization in the market place. With its Platinum status, Hexaware receives the benefit of receiving the highest level of engagement, commitment and benefits available to OPN partners. Platinum members receive dedicated virtual account management support to build joint development plans and help broaden specialization areas and revenue opportunities. For more information about the benefits of becoming an Oracle Platinum level partner, please visit: http://www.oracle.com/us/partnerships/index.htm
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About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. For further information visit http://www.oracle.com/partners.
About Oracle
Oracle (NASDAQ: ORCL) is the world’s most complete, open and integrated business software and hardware systems company. For more information about Oracle, visit www.oracle.com
About Hexaware
Hexaware is a leading global provider of IT & BPO services and consulting. The Company focuses on key domains such as Banking, Financial Services, Insurance, Travel, Transportation, Hospitality, Logistics, Life Sciences and Healthcare. Our business philosophy, “Your Success is Our Focus”, is demonstrated through the success we ensure for our clients. Hexaware focuses on delivering business results and leveraging technology solutions by specializing in Business Intelligence & Analytics, Enterprise Applications, Quality Assurance and Testing, Remote Infrastructure Management Services and Legacy Modernization. Founded in 1990, Hexaware has a well-established global delivery model armed with proven proprietary tools and methodologies, skilled human capital and SEI CMMI-Level 5 certification. For additional information logon to www.hexaware.com
Safe Harbor Statement
Certain statements on this press note concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.