Cricket fever seems to have swept over a quarter of the world’s population. The fourth-largest sporting event in the world, the ICC Cricket World Cup is fast drawing to its final round in Australia. Equally at Mastek, we’ve had a truly exciting start to 2015. To begin with, our International Customer Meet in Jaipur achieved a record high in terms of attendance from US and UK customers. We were both humbled and proud at the joy experienced by two of our public sector clients at the uneventful ‘go-live’ of their major systems.
Within our core business, we continue to increase our customer base across the financial services, retail and public services verticals. As part of Mastek’s growth strategy, we are reinventing our solutions propositions around large-scale agile development, next generation service management, enterprise testing, DW/BI and digital transformation.
Our demerger from the insurance business is on track with our shareholders and creditors approving the demerger in a recently convened court session. We expect the process to achieve completion by July, 2015. Meanwhile, our insurance business, Majesco has acquired Agile Technologies, an insurance consulting firm. Majesco is also in the process of acquiring Coverall Technologies, a publicly listed provider of policy platforms for ISO commercial lines.
I take this opportunity to wish you an even more exciting year ahead!