Mumbai, June 18, 2025 Mphasis, an Information Technology provider specializing in cloud and cognitive services, today announced that it has been included as a ‘Contender’ in The Forrester Wave™: Application Modernization And Multicloud Managed Services, Q1 2025 by Forrester Research, Inc.

According to the report, Mphasis serves an important role in its specialized industries, bringing extensive experience in transaction-intensive industry modernization and legacy technologies. The evaluation recognizes Mphasis’ skills in high-performance IBM legacy environments, making it well-suited for modernization efforts involving legacy platforms in the banking, finance, and airline industries.

“We believe this recognition by Forrester highlights our dedication to driving transformation through specialized modernization solutions,” said Srikumar Ramanathan, Chief Solutions Officer, Mphasis. ” Clients value our deep domain expertise in modernizing legacy systems and integrating multi-cloud capabilities. This acknowledgement reinforces our commitment to helping enterprises optimize operations, scale efficiently, and achieve sustainable growth in a rapidly evolving digital landscape.”

In an extensive evaluation, Forrester researched, analyzed, and scored fifteen top providers in the application modernization and multi-cloud managed services sector based on strategy and current offering. The report serves as a valuable resource for organizations seeking partners to navigate complex modernization and cloud transformation initiatives.

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