Bengaluru: Mphasis, a leading IT solutions provider specializing in cloud and cognitive technologies, has been recognized as a Contender in The Forrester Wave: Application Modernization and Multicloud Managed Services, Q1 2025, by global market research firm Forrester Research, Inc.
The evaluation assessed 15 of the most significant providers in the sector, analyzing their current offerings and strategic capabilities.
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Mphasis was noted for its domain-driven modernization approach, specifically its proficiency in IBM legacy environments and its strong track record in transaction-intensive sectors such as banking, financial services, and airlines.
“We believe our inclusion in The Forrester Wave™ report affirms our commitment to delivering industry-specific modernization strategies that support clients through scalable, multicloud transformation,” said Srikumar Ramanathan, Chief Solutions Officer at Mphasis.
“Our expertise in integrating cloud-native and legacy systems helps enterprises drive operational efficiency and long-term digital resilience.”
Mphasis’ approach is centered around helping enterprises transition complex legacy ecosystems into future-ready, multicloud environments.
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With a strong foundation in automation, AI integration, and cross-platform engineering, the company has become a strategic partner for clients navigating cloud migration and digital modernization journeys.
The Forrester Wave Report: Independent Guide
The Forrester Wave™ report serves as an independent guide for decision-makers evaluating leading vendors in the space of application modernization and multicloud services.
The report underscores Mphasis’ niche strengths in highly regulated, transaction-heavy industries requiring tailored modernization roadmaps.
