Coforge closes an exceptional FY25 with 32% CC growth. A $1.56 billion TCV deal signed in Q4, five large deals in the same quarter, 32.0% YoY growth in CC terms for the year, a 47.1% YoY increase in Q4 revenue, and a sequential expansion of 134 bps in EBITDA margin—alongside a 47.7% YoY rise in our next twelve-month executable order book to $1.5 billion—gives us confidence that FY26 will again see robust and sustained growth for Coforge.
Coforge and HFS Research Unveil Blueprint for Enterprises to Scale on GenAI. Coforge in partnership with HFS Research, has released a new report titled “Break Free from GenAI Pilot Purgatory”. Based on insights from senior executives at multi-billion-dollar enterprises successfully scaling GenAI, the report reveals why so many companies remain stuck in endless pilots—and how to break free. The report emphasizes that GenAI success hinges on decisive action rather than prolonged experimentation. Enterprises must align AI initiatives with strategic business goals, invest in infrastructure and data readiness early, establish clear success metrics linked to business impact, and foster a culture of AI adoption by engaging cross-functional teams and securing executive sponsorship. The findings highlight that organizations failing to take these steps risk falling irreversibly behind competitors who are already realizing AI-driven efficiencies, innovation, and revenue growth.
Coforge enhances collaboration with Microsoft to boost developer productivity. As part of its AI-first approach has enhanced its collaboration with Microsoft to bring AI- integrated developer productivity solutions to its engineering services including legacy application modernization and for new code development for clients. As part of the association, Coforge has trained over 10,000+ developers on GitHub Copilot, built AI tools leveraging GitHub Copilot to forward engineer legacy applications to modern technology codes and engaged with clients in the use of GitHub Copilot in different development ecosystems across industries. Coforge has also achieved Accelerate Developer Productivity with Microsoft Azure specialization, formerly known as DevOps with GitHub Advanced Specialization that focuses on enhancing developer productivity through Microsoft's AI-integrated toolchain. The specialization is designed to help Microsoft partners demonstrate their expertise in enhancing developer productivity using Microsoft and AI- integrated GitHub tools. As a program partner, Coforge has adopted robust processes to ensure customer success across all phases of developer productivity with Microsoft Azure, from the assessment phase to design, pilot, implementation, and post-implementation phases.
Coforge brings its AI framework on ServiceNow platform to launch the Generative AI Center of Excellence. Coforge elevated its collaboration with ServiceNow, the AI platform for business transformation. As part of this engagement, Coforge will combine its market leading AI framework-Quasar with ServiceNow AI Agents to launch a GenAI Center of Excellence (CoE) in Greater Noida, India that will empower organizations to harness advanced AI-driven insights, streamline operations, and deliver exceptional customer experiences. As part of the Gen AI CoE, customers can pilot, navigate, and scale innovative solutions to address industry-specific challenges by leveraging the full potential of AI with ServiceNow. Coforge has over 12 domain centric, industry first solutions on ServiceNow platform across Financial Services, Insurance, Healthcare and Travel. The CoE will be a great foundation for Coforge to accelerate clients’ journey with ServiceNow platform, especially in the areas of payment, fraud detection, dispute management and digital operations resiliency.
Sabre launches strategic collaboration with trusted engineering partner Coforge to accelerate pace of product innovation and delivery. Sabre a leading global travel technology company, today announced they have entered into a new agreement that will strengthen their long-standing partnership to supercharge Sabre’s product roadmap. This multi-year agreement positions Coforge as a key partner in furthering Sabre’s ability to accelerate product delivery and launch additional innovative AI-enabled solutions, further underscoring the company’s commitment to speed and scale. Sabre’s future-forward technology and disruptive approach to the market, coupled with Coforge’s scale and expertise, seeks to become a driving force in modernizing the travel industry as a whole – leading a new standard for the pace of change. This 13-year partnership contract is valued at approximately USD 1.56 billion.
Coforge and Intellect Forge Strategic Partnership to Transform Global Banking and Financial Services. This collaboration leverages Intellect’s cutting-edge platforms, eMACH.ai—a first-principles-based open finance platform, and iTurmeric—a low-code integration suite, to enable financial institutions to modernise systems with minimal disruption, seamlessly digitise operations, launch differentiated products, and innovate new experiences using data and generative AI. The partnership combines Coforge’s expertise in delivering complex techno-functional solutions with Intellect’s advanced financial technology capabilities. Coforge will utilise the iTurmeric low-code integration suite—featuring over 300 microservices and more than 500 events—to deliver business solutions and new platforms at a rapid pace. Together, the alliance aims to empower financial institutions across APAC, North America, Europe, and the UK to build agile, efficient, and customer centric operational models that address the evolving demands of the financial ecosystem.
Coforge is recognized as one of India's Best Workplaces in IT & IT-BPM 2024 by Great Place to Work third time in a row. Coforge is proud to announce that the company has been recognized among India's Best WorkplacesTM in IT & IT-BPM 2024 by Great Place to Work®, for the third time in a row. Coforge as an organization stands for its commitment to execution-quality, excellence, and the agility to create technology/platform-driven solutions for its customers along with industry-first employee experience, L&D, and reskilling initiatives. This year, 600+ organizations in the IT & IT-BPM sector undertook the assessment. Based on a rigorous evaluation, 100 organizations among India's Best Workplaces in IT & IT-BPM 2024 have been recognized. These organizations excel both in people practices designed for their employees and act on the feedback to create a culture of trust. The assessment process by Great Place to Work India is rigorous and impartial, ensuring no external influence on the results. It comprises two key components: the Trust Index™ Survey, which accounts for 75% of the total score by capturing anonymous employee feedback, and the Culture Audit™, a proprietary tool that evaluates the quality of an organization’s people practices across the employee life cycle, contributing the remaining 25%.
Coforge delivers another exceptional performance in Q3 FY25. A $1.37 billion next twelve-month signed order book, which is 40.1% higher Year over Year, 8.4% sequential cc growth in a seasonally weak quarter, four large deals in the same quarter, and a concurrent and material sequential expansion of 122 bps in EBITDA gives us Coforge the confidence that the coming year will once again see a robust and sustained growth of Coforge. Watch this video https://www.linkedin.com/feed/update/urn:li:activity:7289673377902981122
Sudhir Singh, CEO & Executive Director, Coforge, was awarded the “Intrapreneur of the Year Award 2024” by Entrepreneur magazine.
Coforge recognized as a Leader in Wealth & Asset Management Services by NelsonHall NEAT Assessment 2024 Coforge a global digital services and solutions provider, has been named a Leader in the 2024 NelsonHall Vendor Evaluation & Assessment Tool (NEAT) vendor evaluation for Asset and Wealth management services in the ‘Overall’ segment and the ‘AI & Analytics Services’ Market segment. The evaluation was conducted by NelsonHall, a leading global analyst firm specializing in digital business transformation. This NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of vendors offering Asset and Wealth management services. The firm assessed 13 vendors across various criteria including cloud migration, process automation, AI & analytics services, and professional services. Coforge’s Asset and Wealth management services business delivers consulting, design, deployment, implementation, and managed services for W&A clients in the U.S., the U.K., Benelux, and Australia. 92% of Coforge’s Wealth and Asset services business comes from repeat clients; the average Coforge-client relationship spans 12 years. Coforge offers a large portfolio of market research and data management services and has extensive compliance experience. Its managed service offerings address evolving European regulations.
