UniServe™ Platform retains pole position in digital transformation domain
Intense Technologies has posted a subdued quarter, with contraction in revenues reflecting the long sales cycles for enterprise software products. This is on account of the mission critical nature of the application.
The company remains positive around its annual growth supported by an order book Rs. 14.09 core.The UniServe™ platform has carved a leadership niche in the domestic market with adoption accross almost every telecom service provider. The Company strategically well-poised to further develop business in BFSI and other non-telecom verticals.
The EBITDA shows continuing impact from business build-outs acrosstarget geographies and expenses pertaining augmenting resouce strength in key markets. Whereas levers has been set in motiopns for an enhanced topline performance over teh coming quartes,the margins are are expected to track the growth that will follow. The strategic focus on driving the CTN-based revenue model is expected to contribute to an enhanced margins play going forward.