• Grace
  • 2018-02-28 14:32:40

Pleased with deal pipeline; all verticals doing well: Mindtree

IT has been a big pillar of support for the market. So, it is a good time to take stock of what's happening on the ground. In an interview with CNBC-TV18, Rostow Ravanan, MD & CEO of Mindtree spoke about the latest happenings in his company and sector. He was speaking from the sidelines of the Kotak India Conference.

Based on what we are hearing from the customers and from the analysts, I think there are a few changes that are very positive for Mindtree. Customers are now beginning to appreciate capability more than only capacity, he said.

The calls we made a few years back on some of the trends like automation or around digital and some of the emerging technologies are becoming big priorities for our customers. That is reflecting in our pipeline, he added.

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On H1B visa issue, he said that it is continuing to be a highly dynamic and very quickly evolving situation. We are monitoring it very closely, said Ravanan.

Rostow Ravanan
Rostow Ravanan
MD & CEO|Mindtree

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Have not had any serious pricing pressure in the last few quarters, pricing has remained more or less stable, he further mentioned.

There is a conscious realisation that we need to do a lot more to improve profitability. There is a lot of focus for the entire leadership team to help improve margins at Mindtree, he said.

On dealwins, he mentioned that we are very pleased with the way our pipeline is shaping up, it hits a new high, and our win ratios are improving.

For full interview, watch accompanying video…