Sonata Software shares rose by nearly 4% after the company announced a strategic win of a multi-year AI-powered managed services contract from a Fortune 500 manufacturing company. The contract will see Sonata Software providing global-scale managed services, leveraging Cloud and AI technologies to enhance the client’s operational efficiencies and drive digital transformation.
This partnership marks a significant milestone as the Fortune 500 company, specializing in consumer goods and industrial products, seeks to modernize its operations using AI-driven solutions. Sonata Software will offer a full-stack ITSM solution aimed at optimizing resource utilization and adapting to technological advancements.
Anthony Lange, Chief Revenue Officer of Sonata Software, expressed confidence in the company’s ability to unlock maximum value for the client through best practices and innovative technologies.
Sonata Software continues to expand its leadership in modernization engineering, with a global presence across regions such as the US, UK, Europe, APAC, and ANZ. This recent win adds to the company’s strong portfolio of services across Cloud, Data, Generative AI, and RPA.