Mphasis Recognized as a Key Player in Application Modernization and Multicloud Managed Services Report

Mphasis

Mphasis, a leading IT provider focused on cloud and cognitive services, has announced its inclusion as a ‘Contender’ in The Forrester Wave™: Application Modernization and Multicloud Managed Services, Q1 2025, a report from Forrester Research, Inc. The evaluation highlights Mphasis’ expertise in supporting industries undergoing modernization, particularly in handling complex legacy systems within high-transaction sectors like banking, finance, and airlines.

Forrester commended Mphasis’ proficiency in upgrading IBM legacy platforms, positioning the company as a strong partner for organizations seeking to update and modernize their infrastructure. “We see this recognition from Forrester as a testament to our commitment to delivering transformative modernization solutions,” said Srikumar Ramanathan, Chief Solutions Officer at Mphasis. “Our clients rely on our deep industry expertise in modernizing legacy systems and leveraging multi-cloud capabilities. This acknowledgment further solidifies our role in helping businesses optimize operations, scale effectively, and maintain sustainable growth in a rapidly changing digital landscape.”

As part of a thorough evaluation, Forrester analyzed and rated fifteen prominent vendors in the fields of application modernization and multi-cloud managed services, examining both strategy and service offerings. The report provides valuable insights for businesses looking to partner with experts to navigate the complexities of cloud transformation and modernization.

It is important to note that Forrester does not endorse any particular company or product featured in its reports. The research reflects the most accurate and relevant data at the time, but opinions are subject to change. For more details, visit Forrester’s objectivity guidelines.

Mphasis aims to be the “Driver in a Driverless Car” for global enterprises, applying cutting-edge design, architecture, and engineering to deliver scalable, sustainable technology solutions. Central to Mphasis is its customer-first approach, embodied in its Front2Back™ Transformation framework.

By harnessing the power of cloud and cognitive technologies, Front2Back™ delivers highly personalized digital experiences for clients and their end users. The company’s Service Transformation model drives the modernization of legacy systems, empowering businesses to stay ahead of the curve in an ever-evolving digital world. Mphasis’ combination of core expertise, innovative solutions, and a sustainability-focused approach helps foster long-term relationships with high-profile clients.