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Mid-sized IT services player Mphasis announced the appointment of former Cognizant executive Mike Meyer as head of strategic sales . Meyer will lead cross-functional deal execution teams to drive closure on large and strategic deals, it said. “In this role, Mike will spearhead strategic deals in collaboration with various business units, enhancing overall growth, alignment, and effectiveness.
He will be responsible for pipeline development along with end-to-end sales cycle management to optimize market opportunities for high-value contracts,” Bengaluru-headquartered Mphasis said in a statement. “Aligned to our focus on large deals and strategic sales, I am delighted to welcome Mike to the Mphasis executive leadership team. With his extensive expertise in guiding organizations towards winning strategic deals, Mike will play a critical role in driving our key growth priorities forward,” said Nitin Rakesh, CEO and managing director, Mphasis.
With over 25 years of work experience, Meyer spent more than 22 years at global IT giant Cognizant which he quit in 2022 as global head for strategic engagements building the practice that grew into a multi-billion-dollar contributor of closed contract value annually. Prior to Mphasis, Meyer had a brief two-year stint at Capto Consulting where he spearheaded provider-side service offerings primarily focused on building go-to-market strategies, large deal capabilities, industry best practices, and transformation of sales teams to fuel the growth of developing enterprises. Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development A Comprehensive ASP.
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The net profit stood at Rs 423 crore, up from Rs 404 crore in the first quarter. On a year-on-year (YoY) basis, net profit was up by 8%. Revenue rose by 3.
3% sequentially and 7.9% YoY to Rs 3,536 crore. During the period, the firm secured a total contract value (TCV) of $207 million, which includes three large deals.
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