Sonata Software and Applied Systems Partner for Technology Advancements

Sonata Software recently announced in a stock exchange filing that it has been chosen by Applied Systems, a prominent provider of cloud-based software for the insurance industry, to support its strategic technology projects. This partnership is set to enhance Applied’s platform engineering and enterprise modernization efforts, particularly in integrating with Microsoft Office365, thus reinforcing their position as an industry innovator.

Applied Systems is renowned globally for its cloud-based software that manages insurance operations. As a pioneer in insurance automation and a leader in innovation, Applied’s solutions help millions worldwide protect their most valued assets.

Under this collaboration, Sonata Software will help Applied Systems in accelerating the connectivity and integration of extended applications. Utilising its extensive domain expertise, industry-specific frameworks, and advanced cloud modernization capabilities, Sonata Software will serve as an extension of Applied Systems, supporting their cutting-edge technology initiatives at scale.

Speaking of this partnership, the Chief Technology Officer at Applied Systems, Rich Belanger, said, “At Applied Systems we are committed to delivering practical innovative and automation solutions to the insurance ecosystem. Our relationship with Sonata Software will enhance our ability to create value across the digital lifecycle of insurance smoothly, covering core automation and connectivity.”

“The insurance industry is revolutionising to meet the growing demand for personalised services and superior efficiency,” said Anthony Lange, Chief Revenue Officer at Sonata Software.

He further added, “Our collaboration with Applied Systems merges their digital roundtrip prowess in insurance with Sonata Software’s agile delivery model, breakthrough technologies and unique factory model, propelling Applied’s platform engineering and enterprise modernisation initiatives to new heights.”

About Sonata Software Ltd

Sonata Software Ltd is mainly involved in the business of offering Information Technology (IT) services and solutions to several customers in the Middle East, the United States of America, Europe, India and Australia.

On July 30, 2024, the share price of Sonata Software Ltd opened at ₹736.05, touching the day’s low at ₹718.00, as of 10:00 AM on the NSE.

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