 "Hexaware Bags Core Application Deal In Japan")
Hexaware Technologies has been selected by a major System Integrator in Japan to develop a core custom-made application for the IT modernization of the Postal department of a South East Asian country. The first phase of the deal worth US$18 million has been signed.
At its peak, Hexaware is likely to deploy over 150 software developers for this multi-year logistics engagement. The deal will primarily be serviced out of Pune, which hosts Hexaware’s Japanese Centre of Excellence.
Speaking on this occasion, Yogendra Shah, senior vice president-APAC region, Hexaware Technologies said, “Almost 20% of Hexaware’s APAC revenues are generated from Japan and revenues are likely to double over the next four to six quarters.”
This is the first core application development of its kind for the postal department or in the logistics domain for Hexaware and is the largest ever APAC deal for the company.
Japan’s IT market is ranked second next only to the United States and is one of the leading markets for Hexaware in the APAC region. Hexaware, in Japan, works with local partners who offer account management and provide onsite resources while Hexaware offers delivery excellence through offshore expertise.
Over the last 15 months, Hexaware has widened its reach significantly in the APAC region by opening new sales offices in Thailand, Sydney, Melbourne and Hong Kong. Hexaware has 20 active clients in the APAC region.