Datamatics Global Services, a technology, BPM and automation and digital solutions company has announced that it expanded its strategic alliance with Ingram Micro in the META region. The distribution agreement is for its intelligent automation products including, Datamatics TruBot, TruCap+, TruBI, and TruAI. Ingram Micro has been associated with Datamatics and is a distributor for the Indian region as well. Ingram Micro delivers a full spectrum of global technology and supply chain services to businesses around the world.
Datamatics is investing to expand its ally network and has more than 170 new business associates globally. The evolving channel ecosystem increases the sales momentum and ensures smooth implementation and support for its products. Teaming with Ingram Micro will provide Datamatics access to Ingram Micro’s network of technology allies across the META region and Tier 2 & 3 locations.
The announcement was made after market hours yesterday, 23 September 2020.
Datamatics Global Services’ consolidated net profit dropped 32.8% to Rs 14.06 crore on a 4.5% decline in net sales to Rs 277.09 crore in Q1 June 2020 over Q1 June 2019.
Datamatics Global Services is a global provider of Information Technology (IT) and Business Process Outsourcing (BPO) and consulting services.
Shares of Datamatics Global Services hit a lower circuit of 5% at Rs 74.10 on BSE. On BSE, 12,000 shares were traded in the counter, compared to a 2-week average of 42,000 shares. The scrip zoomed 163.70% from its 52-week low of Rs 28.10 hit on 23 March 2020.