Editorial Team

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology solutions provider specializing in cloud and cognitive services, today announced that it has been recognized as a “Top Leader and Star Performer” by Everest Group, in its PEAK Matrix® for Top 20 IT Service Providers of 2022. Mphasis was also named among the Top 3 ITS Challengers 2022 and Top ITS Challenger Star Performers 2022 for greatest cumulative upward mobility within the Top 20 IT Service Providers.

In 2021, Everest Group published 22 PEAK Matrix® IT services evaluations featuring 141 service providers across all evaluations. Everest Group evaluated 22 segments of Banking and Financial Services, Enterprise Platform Services, Digital Services, Data & Analytics, Cloud & Infrastructure Services etc. using the PEAK Matrix methodology. They have determined the PEAK Matrix Service Provider of the Year Awards based on consistent performance across these segments.

Mphasis was applauded for its exemplary application services and digital services offerings. Mphasis was also among the 9 service providers improved their rankings as Mphasis considerable moved from position 16 to 14 this year.

On the occasion, Nitin Rakesh, CEO and Managing Director, Mphasis, said, “The recognition from Everest Group validates our approach towards Customer centricity that ‘shrinks the core’ through the application of digital technologies enabling businesses to stay ahead in a changing world.  We will continue to create a differentiated portfolio for clients to engage in next-gen with our domain expertise and ability to proactively develop innovative solutions.”

“Given macroeconomic uncertainties and strong enterprise demand themes around building resilient and adaptive IT environments, there is an equal opportunity for every service provider irrespective of size and scale. Mphasis has showcased a strong focus on building internal IP and ramping up the existing talent pool – both of which have helped the company not only cement its position as one of the top challengers this year but also improve its position in the top 20 global list”, said Abhishek Singh, Partner, Everest Group.

As today’s enterprises navigate the complex landscape of next-generation and legacy technologies, a global business footprint, and a complex provider portfolio, the PEAK Matrix Service Provider of the Year Awards help them to identify the best of the best – service providers with strong broad- based capabilities and successful services strategies that align well with the evolving enterprise IT demand.

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