Mphasis, an IT solutions provider specializing in cloud and cognitive services, is strengthening its digital footprint in Western Europe by expanding its operations outside Mphasis Wyde in France.
The announcement was made at Mphasis Wyde’s 20th year anniversary celebrations in France.
Mphasis’ expanded presence in Europe is a step ahead from its existing business from the Policy Administration Solutions (PAS) operations from Mphasis Wyde.
The expansion will enable Mphasis’ clients to leverage the cloud and cognitive capabilities available in the region and help Mphasis build its digital businesses and acquire new customers across industry verticals. By leveraging its X2C2 TM framework and front-to-back (F2B™) transformation approach, Mphasis is able to build on future proofing their clients through its enhanced digital capabilities.
“Mphasis’ expansion into France is a strategic decision. Our commitment has always been customer-centric and we look forward to digitally transforming our clientsbusinesses in France,” said Dinesh Venugopal, President – Mphasis Direct and Digital. We are positive that our innovative digital roadmap will fuel growth for Mphasis in the region by firing up all engines – including acquiring new clients and enhancing our footprint with existing ones.”
“Technology has been at the forefront of creating seamless customer experiences and driving innovation in the market. Digital transformation shifted the way PAS vendors address the evolving landscape; major investments have been made, improving integration methods, ease of use and upgrading features and functions,” said Nicolas Michellod, Senior analyst, Celent. “Mphasis Wyde continues to progress and expand its customer base in Europe and we expect it to carry on its growth path in the near future,” he added.
Mphasis serves marquee customers across the globe including 6 top global banks, 11 out of 15 top mortgage lenders, and 3 top global insurance companies. The company has roughly 22,000 employees across 16 countries. Mphasis recently won AIconics Award for Best Application of Artificial Intelligence (AI) in Financial Services, Insight Success America’s 20 Most Promising Companies to Watch 2017, 2017 Asia Edition Dream Companies to work for’ Award in the IT and Software category and ‘Imagination’ Category at the 2017 ISG Paragon Awards™ Europe.