Some of SAP's largest customers plan to nearly double what they now spend on Cloud deployments in the next year - good news for a company that is trying to position itself as a key player in that market according to research commissioned by IT services provider, HCL.
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Finzsoft has announced an extension of its parternship with Indian IT services provider HCL, following the signing of the enhanced deal at a ceremony in Delhi yesterday.
Prime Minister John Key, who is in India heading a trade delegation, was present at the signing. The extended contract provides for Finzsoft to offer further software products and services to India's banking and finance sector through the partnership with HCL, which was first established last year.
In a statement from the companies announcing the signing, Finzoft director Andrew Holliday says: “The partnership combines the best elements from HCL and Finzsoft to offer a proactive, innovative and solution based transformational offering that is proven, secure, and scalable.
Financial services provider Finzsoft has reported an after-tax profit of $545,000 for the financial year ended March 31, a 101 percent increase on last year.
In a report released to the NZX yesterday, Finzsoft announced a $545,151 post-tax profit, compared with $271,558 last year.
The result is a substantial turnaround from two years ago, when the company recorded a $750,000 loss.
Trans-Tasman finance software company Finzsoft has partnered with Indian-headquartered IT services company HCL Technologies, in a bid to expand globally.
IT services company Optimation has formed a partnership with India's HCL Technologies.