Hexaware Technologies Recognized as a Top 15 Sourcing Leader by ISG
Hexaware Technologies Achieves Top 15 Sourcing Standout Status
Hexaware Technologies, a prominent global player in the field of digital IT and AI-first services, has recently announced its recognition as one of the Top 15 Sourcing Standouts by Information Services Group (ISG), a renowned technology research and advisory firm. This accolade, awarded for the second quarter of 2026, highlights Hexaware's dedication to excellence in the sourcing industry and its ability to adapt to market demands rapidly.
The ISG Index™, which has been providing an independent evaluation of sourcing industry statistics for 95 consecutive quarters, places Hexaware among the elite providers in the Breakthrough 15 category. This classification includes firms generating annual contract values (ACV) between $1 billion and $3 billion, based on their performance over the previous year. Notably, Hexaware excelled in the Americas region, solidifying its standing through impressive contract wins and expanding relationships with various enterprises.
R. Srikrishna, CEO and Executive Director of Hexaware, remarked, "Being named a Top 15 Sourcing Standout again this quarter reflects the confidence our clients place in Hexaware to help close the distance between where their business stands today and where they want it to be." This statement underscores the importance of client trust and highlights the company's strategic vision to streamline operations and integrate AI into core business functions.
In recent months, Hexaware has focused on mitigating operational friction across its client’s enterprises. Their efforts include modernizing platforms and utilizing AI to enhance everyday business processes, a strategy that has garnered them recognition and accolades throughout the industry. Additionally, their proprietary platforms, such as RapidX®, Tensai®, Amaze®, and Agentverse™, have enabled clients to effectively weave AI into essential operations, facilitating a more outcome-oriented approach to service delivery.
Hexaware's remarkable growth trajectory over the past twelve months is attributed to significant demand in key sectors including financial services, healthcare, insurance, and manufacturing. The company has been particularly successful in the Americas, building strong partnerships and consistently investing in AI-driven solutions across cloud and data services, as well as advances in software application modernization.
Paul Reynolds, Chief Research Officer at ISG, elaborated on the importance of the ISG Index™, stating, "Hexaware continues to establish itself as a leading and growing player in the global market for technology and business services, based on its volume of business in relation to other industry providers." This observation highlights the competitive landscape in which Hexaware operates and its continuous efforts to maintain a leading position.
The inclusion of Hexaware in the ISG Index™ not only acts as a testament to its innovative approaches but also showcases its commitment to providing exceptional value to clients by maximizing their technology investments. As the demand for AI and technology solutions continues to evolve, Hexaware is primed to remain at the forefront, driving digital transformation worldwide.
In conclusion, Hexaware Technologies’ recognition as a Top 15 Sourcing Standout by ISG serves as a significant milestone in the company's journey. This honor not only reflects the hard work and dedication of its team worldwide but also foreshadows continued success in the sourcing and technology services sectors. As industries lean into AI and digital transformation, Hexaware is well-equipped to meet the challenges of tomorrow, ensuring that its clients are not just keeping pace, but leading the charge in their respective fields.