IT services firm Sonata Software bets on European market to drive growth

The telecommunications sector, a segment of the Technology, Media, and Telecom (TMT) vertical, contributed 31 per cent to the company's revenue

Mid-sized IT services company Sonata Software is betting big on the European market to drive business growth. Europe contributes about 30 per cent to the company’s total revenues while the US is the largest market and makes for about 60 per cent of the top line.

“We expect significant growth in our European business. In Europe, we are seeing significant growth in our Telco and Manufacturing business,” Anthony Lange, Chief Revenue Officer of Sonata Software, told Business Standard.

Telco, part of the technology, media and telecom (TMT) vertical, contributed 31 per cent to the company’s top line while retail and manufacturing make