Sonata Software

Last updated

Sonata Software
Company type Public
Industry Information technology
Founded1986
Headquarters Bangalore, Karnataka, India
Key people
  • Samir Dhir (CEO & MD) [1]
RevenueIncrease2.svgUS$1.04 billion (FY24)
Increase2.svgUS$87 million (FY24)
Increase2.svgUS$58 million (FY24)
Number of employees
c. 6,400 (2024)
Website www.sonata-software.com
Footnotes /references
[2]

Sonata Software Limited is an Indian information technology services company, based in Bangalore. Sonata provides services in business intelligence and analytics, application development management (ADM), mobility, cloud, social media, testing, enterprise services (ERP and CRM), and infrastructure management services. The company's shares are publicly traded on the Indian stock exchanges.

Contents

History

Founded in 1986 as the computer software division of Indian Organic Chemicals, the company initially made software package products. [3] Sonata Software was spun off as an independent entity in 1994. The company became a public company and launched its initial public offering in 1998. [4] In 2001, the company obtained SEI-CMMI Level 5 certification and in the following years, set up offices in the US, Europe and Asia Pacific. [5]

In March 2014, it opened an American branch in Redmond, Washington. [6] In August 2014, Sonata Software bought a controlling stake in Rezopia, a travel reservation agency that was the first to use the cloud for taking reservations. [7] [8] It also acquired Xyka, Rezopia's service provider. [8]

In April 2015, the company entered into a partnership with the National Institute of Technology, Tiruchirappalli to promote entrepreneurship by providing resources for NIT, Tiruchirappalli's Centre for Entrepreneurship Development and Incubation. [9] In August 2015, It acquired a 100% stake in Halosys Technologies, which specialized in mobile enterprise. [10] In October 2015, Sonata Software acquired Interactive Business Information Systems Inc (IBIS), a Georgia based supply chain software company founded in 1989. [11]

In August 2016, Parablu, the US-based provider of CASB-enabled cloud security solutions for Enterprises announced a partnership with Sonata Software. [12]

In March 2020, Sonata Software announced the signing of a definitive agreement to acquire Melbourne-based Customer Experience company GAPbuster Limited (GBW). [13]

Subsidiaries

Head Office at Bull Temple Road, Bangalore Sonata Nandi.JPG
Head Office at Bull Temple Road, Bangalore

Its subsidiaries and affiliates include:

Global offices

Global Development Center at Richmond Road, Bangalore Sonata RMR.jpg
Global Development Center at Richmond Road, Bangalore

Asia-Pacific

America

Europe

Middle-East

See also

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References

  1. ↑ "Sonata Q2 profit rise 3% sequentially - Times of India".
  2. ↑ "Q4 FY'24 Investor Presentation" (PDF). Sonata Software. Retrieved 31 May 2024.
  3. ↑ "Indian Organic Chemicals faces cash crunch". India Today. Retrieved 13 April 2023.
  4. ↑ "Sonata's US venture turns around". Rediff. Retrieved 13 April 2023.
  5. ↑ "Sonata Software Achieves SEI CMMI Level 5, the highest standard in Quality Software Delivery". The Hindu Business Line. Retrieved 25 May 2011.
  6. ↑ "IT consultancy Sonata Software expands in Redmond". GeekWire . 3 March 2014. Retrieved 2 June 2016.
  7. ↑ Prabu, Karthick (24 August 2014). "Sonata Software acquires majority stake in travel reservation platform Rezopia". Phocuswire.
  8. 1 2 "Sonata Software Strengthens Travel Vertical With Acquisition of Stake in Travel SAAS Rezopia" (Press release). PR Newswire. 24 August 2014.
  9. ↑ "Sonata Software Ltd and NIT Trichy partner to promote student innovation and entrepreneurship". Reuters India . 20 April 2015. Archived from the original on 30 June 2016. Retrieved 2 June 2016.
  10. 1 2 "Sonata Software invests in enterprise mobility; buys US-based Halosys". Firstpost. 7 August 2015. Retrieved 2 June 2016.
  11. ↑ "Sonata Software to acquire IBIS for $14 mn". Business Standard. 30 October 2015. Retrieved 2 June 2016.
  12. ↑ "Parablu joins hands with Sonata Information Technology Limited". dqindia.com. DQ India. 2 August 2016. Retrieved 2 August 2016.
  13. ↑ "Sonata Software acquires Australian company GBW". The Economic Times. 4 March 2020. Retrieved 4 March 2020.
  14. ↑ "Sonata Software Ltd acquires California based Unified Cloud Enabled Enterprise Mobility Enablement platform entity Halosys". Reuters India. 5 August 2015. Archived from the original on 30 June 2016. Retrieved 2 June 2016.
  15. 1 2 3 4 5 6 7 "Sonata Software Ltd". The Times Of India.
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