IT firm Mphasis, software co SNP to set up digital transformation centre in Pune

IT firm Mphasis, software co SNP to set up digital transformation centre in Pune
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19 May, 2020

Bengaluru-based mid-tier information technology (IT) services firm Mphasis has partnered with German software firm SNP Group to aid customers with digital transformation initiatives.

Under the agreement, Mphasis will offer its system, application and product capabilities to build a digital transformation centre for SNP in Pune, according to a statement. 

The centre will deliver German technology giant SAP’s enterprise software solution to SNP clients, servicing for which will be provided by the Indian system integrator. The Pune centre will also offer development, data migration and code remediation services, as per the statement. 

Heidelberg headquartered SNP has platforms and solutions that enable migrations to take place in a predictable manner and under a reduced timeline.

“We will continue to garner product implementation knowledge from this partnership to assist all customers in migrating and transforming to the latest SAP version, S/4HANA, quickly and efficiently,” Elango R, president of hi-tech business unit at Mphasis, said. S/4HANA is the enterprise resource planning (ERP) platform of segment market leader SAP, and is available both on cloud and on-premise.

Additionally, the companies will deploy SNP’s CrystalBridge and Bluefield approach to SAP’s offerings to provide business value across all scenarios, including carve-outs, acquisitions, mergers and divestitures, the statement said.

“We will have access to Mphasis’ vast SAP capabilities for the optimised execution of projects. Mphasis will utilise our platform for their clients’ transformation programmes, helping customers to realise value from their deployments,” Michael Dirks, managing director and global head of services at SNP, said.

Last week, Mphasis reported a robust 33% increase in net profit for the March quarter of the financial year 2020, while its revenue saw a year-on-year growth of 16%. 

Early last month, New York headquartered Blackstone acquired an additional 3.71% stake in the technology company for Rs 483 crore through bulk deals on the National Stock Exchange and the Bombay Stock Exchange, taking the private equity investor’s stake in the IT firm to 56%.