Zensar Technologies Analyst Meet Update - Turnaround To Take Four To Eight Quarters: ICICI Direct
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ICICI Direct Report
We attended the virtual analyst meet of Zensar Technologies Ltd.
The key highlights of the meet were it will take four to eight quarters for a complete turnaround of the company.
To achieve this, the company is addressing key shortages of past.
In addition, the new Chief Executive Officer has devised a strategy to focus on experience side and build capabilities in digital engineering, data, artificial intelligence and machine learning.
These technologies require five times investment compared to the investment in experience.
Further, the company is expanding sales capability (in pre-sales hunter, farmers) and hiring leaders to drive growth.
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