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Sonata Software Secures $73 Million AI-Driven Deal with US TMT Client

Written by: Nikitha DeviUpdated on: Apr 28, 2025, 1:15 PM IST
Sonata Software secures a $73 million, five-year deal with a US-based TMT firm to enhance scalability, innovation, and IT operations through AI-first outsourcing.
Sonata Software Secures $73 Million AI-Driven Deal with US TMT Client
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Sonata Software has announced a transformative engagement worth $73 million with a major US-based company in the Technology, Media, and Telecom (TMT) sector.  

This multi-year partnership will span five years, focusing on driving the client’s digital strategy to enhance scalability, accelerate innovation, and optimise IT operations using an AI-first approach. 

Post the announcement, on April 28, 2025, Sonata Software share price (NSE: SONATSOFTW) opened at ₹337.90, the same as its previous close of ₹337.90. At 1:09 PM, the share price of Sonata Software was trading at ₹364.85, up by 7.98% on the NSE. 

AI-First Outsourcing Model to Drive Innovation 

Sonata Software was selected for this strategic collaboration due to its robust engineering expertise, agile delivery model, and proven success in spearheading AI-powered business transformations.  

The company will establish a dedicated AI-enabled Modernisation Engineering Center in India to manage the extensive scope of the project. This center will focus on several key areas of the client’s operations, including platform engineering, cloud transformation (specifically using Amazon Cloud), enterprise systems such as Salesforce and Workday, cybersecurity, data services, and modern application development. 

The AI-first outsourcing model will underpin all of these initiatives, providing the client with a scalable, efficient, and automated solution. Sonata’s commitment to automation and engineering excellence ensures that this project will drive measurable improvements across the client’s IT landscape. 

Enhancing Global Scalability and Innovation 

Through this engagement, Sonata aims to help the client realise operational efficiency, reduce innovation cycles, and increase agility, allowing for scalable operations across different geographical regions. The strategic partnership will enhance the client’s leadership position in the highly competitive and rapidly evolving TMT industry. 

The Managing Director and CEO of Sonata Software, Samir Dhir, said, “This is the second-largest deal in Sonata’s history, and a proud milestone for Team Sonata. It reflects our unique positioning as a right-sized partner for enterprises seeking deep modernisation capabilities and AI-first transformation. We are excited to help our client unlock new speed, agility, and digital resilience levels.” 

Also Read: IDFC FIRST Bank Share Price in Focus; Reports 25% YoY Deposit Growth in FY25!

Conclusion 

Sonata Software’s landmark $73 million deal with the US-based TMT company reflects the firm’s growing prominence in the digital transformation space. With a clear focus on AI and automation, Sonata is well-positioned to support its clients in their quest for operational excellence and global scalability. This partnership is a significant milestone, demonstrating Sonata’s ability to drive long-term innovation through strategic IT engagements. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 28, 2025, 1:15 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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