Sonata Software Explained

Sonata Software
Type:Public
Industry:Information technology
Founded:1986
Location:Bangalore, Karnataka, India
Revenue: (FY24)
Operating Income: (FY24)
Net Income: (FY24)
Num Employees: (2024)
Footnotes:[1]

Sonata Software Limited is an Indian information technology services company, based in Bangalore. Sonata provides services in business intelligence and analytics, application development management (ADM), mobility, cloud, social media, testing, enterprise services (ERP and CRM), and infrastructure management services. The company's shares are publicly traded on the Indian stock exchanges.

History

Founded in 1986 as the computer software division of Indian Organic Chemicals, the company initially made software package products.[2] Sonata Software was spun off as an independent entity in 1994. The company became a public company and launched its initial public offering in 1998.[3] In 2001, the company obtained SEI-CMMI Level 5 certification and in the following years, set up offices in the US, Europe and Asia Pacific.[4]

In March 2014, it opened an American branch in Redmond, Washington.[5] In August 2014, Sonata Software bought a controlling stake in Rezopia, a travel reservation agency that was the first to use the cloud for taking reservations.[6] [7] It also acquired Xyka, Rezopia's service provider.

In April 2015, the company entered into a partnership with the National Institute of Technology, Tiruchirappalli to promote entrepreneurship by providing resources for NIT, Tiruchirappalli's Centre for Entrepreneurship Development and Incubation.[8] In August 2015, It acquired a 100% stake in Halosys Technologies, which specialized in mobile enterprise. In October 2015, Sonata Software acquired Interactive Business Information Systems Inc (IBIS), a Georgia based supply chain software company founded in 1989.[9]

In August 2016, Parablu, the US-based provider of CASB-enabled cloud security solutions for Enterprises announced a partnership with Sonata Software.[10]

In March 2020, Sonata Software announced the signing of a definitive agreement to acquire Melbourne-based Customer Experience company GAPbuster Limited (GBW).[11]

Subsidiaries

Its subsidiaries and affiliates include:

Global offices

Asia-Pacific

America

Europe

Middle-East

See also

Notes and References

  1. Web site: Q4 FY'24 Investor Presentation . Sonata Software . 31 May 2024.
  2. News: Indian Organic Chemicals faces cash crunch . 13 April 2023 . India Today . en.
  3. News: Sonata's US venture turns around . 13 April 2023 . Rediff.
  4. News: Sonata Software Achieves SEI CMMI Level 5, the highest standard in Quality Software Delivery . May 25, 2011 . The Hindu Business Line.
  5. Web site: 2014-03-03. IT consultancy Sonata Software expands in Redmond. 2016-06-02. GeekWire. en-US.
  6. News: Sonata Software acquires majority stake in travel reservation platform Rezopia . Karthick . Prabu . Phocuswire . August 24, 2014.
  7. Sonata Software Strengthens Travel Vertical With Acquisition of Stake in Travel SAAS Rezopia . . August 24, 2014.
  8. Web site: Sonata Software Ltd and NIT Trichy partner to promote student innovation and entrepreneurship. https://web.archive.org/web/20160630150319/http://in.reuters.com/finance/stocks/SOFT.BO/key-developments/article/3194783 . dead . 30 June 2016 . 20 April 2015. Reuters India. en-IN. 2016-06-02.
  9. Web site: Sonata Software to acquire IBIS for $14 mn. 30 October 2015. Business Standard. 2016-06-02.
  10. Web site: Parablu joins hands with Sonata Information Technology Limited. 2 August 2016. dqindia.com. DQ India. 2016-08-02.
  11. News: Sonata Software acquires Australian company GBW. 2020-03-04. The Economic Times. 2020-03-04.
  12. Web site: Sonata Software Ltd acquires California based Unified Cloud Enabled Enterprise Mobility Enablement platform entity Halosys. https://web.archive.org/web/20160630151116/http://in.reuters.com/finance/stocks/SOFT.BO/key-developments/article/3256820. dead. 30 June 2016. 5 August 2015. Reuters India. en-IN. 2016-06-02.
  13. Web site: Sonata Software invests in enterprise mobility; buys US-based Halosys. 2015-08-07. Firstpost. en-US. 2016-06-02.
  14. News: Sonata Software Ltd. The Times Of India .