Sonata Software bags multi-million dollar deal from US healthcare firm

Sonata Software has entered into a multi-million dollar deal with a US-based premier healthcare and wellness company. Sonata Software will be the firm’s strategic IT outsourcing partner.

As part of the collaboration, the company will support the client in optimising IT budgets and cost efficiencies through systemic improvements and engineering levers. Sonata Software will also modernise the firm’s technology landscape by leveraging enterprise data, artificial intelligence, and hyper-automation across patient-facing systems, and back-office operations.

"Healthcare and Life Sciences is a key invest vertical for us and we are proud to partner with leading Fortune 500 and Global2000 enterprises worldwide to enhance the care continuum,” said Samir Dhir, Managing Director and Chief Executive Officer at Sonata Software.

“This significant deal win underscores our commitment to leveraging deep engineering expertise to solve complex business problems for our Healthcare and Lifesciences clients. It also highlights our differentiated capabilities within the Healthcare vertical, enabling us to succeed in a highly competitive landscape.”

For the first quarter in FY25, Sonata Software reported a revenue of ₹2,527.4 crore, up 25.4% YoY (+15.3% QoQ). This strategic healthcare deal was secured in June 2024, and also discussed during the latest earnings call on July 31.

As part of its strategic five-year plan to achieve $1.5 billion in annual revenue, Sonata Software has made targeted investments in the Healthcare & Life Sciences (HLS) vertical. “This investment is already yielding returns, making HLS one of Sonata's fastest-growing Business Units,” the company said in a statement.