Cloud-based solutions provider Mphasis has teamed up with business process outfit Camunda, to gain a stronger digital foothold for existing clients and partners and further grow presence in global markets across financial services.
The pair believe that the partnership will increase value-added services with Camunda’s cloud and BPM technology, capturing larger market share, enhance onboarding services for new clients, increase top-line revenues and upgrade bottom-line operations with partner tools and frameworks.
“Mphasis’ experience as a seasoned technology service provider, combined with Camunda’s expertise in building strong workflow and decision automation assets in banking and insurance verticals, will offer faster time-to-market and high-value services for customers in the insurance and banking sectors”, the companies said.
Camunda BPM is an open-source workflow and decision automation platform, with tools for creating workflow and decision models, operating deployed models in production, and allowing users to execute workflow tasks assigned to appropriate recipients. This platform fits Mphasis’ clients’ demand for microservice-based workflow and decision management platforms at a lower price point, as well as the ability for greater flexibility of integrating with modern user interfaces.
Mphasis Direct and Digital president Dinesh Venugopal said: “This partnership with Camunda provides businesses with the nimbleness to address customer needs faster with hyper-personalisation of customer experiences. It underscores our commitment to assist enterprise clients to quickly deliver superior products and service experiences while optimising costs and simplifying critical multi-cloud operations strategy.”
Camunda Co-founder Jakob Freund said: “Staying ahead of the game necessitates smart, agile digital transformation. We are excited to partner with Mphasis, who offer next-generation services across the IT sector in both traditional and emerging technologies, which will further enable our customers’ digital transformation capabilities.”
