1 www.hexaware.com | © Hexaware Technologies. All rights reserved. Analyst Meet 2017 R Srikrishna, CEO
1www.hexaware.com | © Hexaware Technologies. All rights reserved.
Analyst Meet 2017R Srikrishna, CEO
2www.hexaware.com | © Hexaware Technologies. All rights reserved.
Certain statements on this presentation concerning our future growth prospects areforward-looking statements, which involve a number of risks, and uncertainties that couldcause actual results to differ materially from those in such forward-looking statements. Therisks and uncertainties relating to these statements include, but are not limited to, risks anduncertainties regarding fluctuations in earnings, our ability to manage growth, intensecompetition in IT services including those factors which may affect our cost advantage,wage increases, our ability to attract and retain highly skilled professionals, time and costoverruns on fixed-price, fixed-time frame contracts, client concentration, restrictions onimmigration, our ability to manage our international operations, reduced demand fortechnology in our key focus areas, disruptions in telecommunication networks, our abilityto successfully complete and integrate potential acquisitions, liability for damages on ourservice contracts, the success of the companies in which Hexaware has made strategicinvestments, withdrawal of governmental fiscal incentives, political instability, legalrestrictions on raising capital or acquiring companies outside India, and unauthorized useof our intellectual property and general economic conditions affecting our industry
Safe Harbor Statement
3www.hexaware.com | © Hexaware Technologies. All rights reserved.
Our 3 Year
Journey
4www.hexaware.com | © Hexaware Technologies. All rights reserved.
Fastest organically growing IT services
company…
124
101
124
102103 103
105 106
108
111 110 109
112113
134
133
116
123
141
128
130
138142
138
144 145
151150
155
100
108
112 113
119
123122
119
127
133
136
142
150
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
Revenue Growth
TCS
Infosys
Wipro
HCL Tech
Tech M
Cognizant
Mindtree
Persistent
Hexaware
Acquisition-led growth
5www.hexaware.com | © Hexaware Technologies. All rights reserved.
91
10195
93
112
118
98
150
6571
124128
136
163
137
146
19
93
172
183
66
136
119
100
110 110105
122
134
115
99
117
131
141135
149
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
… While maintaining profitability
Hexaware
Zensar
NIIT Tech
Cognizant
(41)
232
Mindtree
Tech M
Persistent
TCS
Infosys
HCL Tech
PAT Growth
112
110
109
108
87
86
6www.hexaware.com | © Hexaware Technologies. All rights reserved.
51 52
96 94
104105
114 125
137
150
7380
128135
162
135
18
170
181
66
229
100
112 113108
127
144
128
109
129
144
156
148
160
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
Industry leading shareholder returns
Hexaware
Zensar
NIIT Tech
Cognizant
(41)
Mindtree
Tech M
Persistent
TCS
Infosys
HCL Tech
EPS Growth
Wipro
121
118
118
109
94
83
99
118
* Normalized for share splits
7www.hexaware.com | © Hexaware Technologies. All rights reserved.
Reflected in the market performance
Hexaware
Zensar
NIIT Tech
Cognizant
Mindtree
Tech M
Persistent
TCS
Infosys
HCL Tech
Market Cap
Wipro
* Normalized for share splits
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
Syntel
8www.hexaware.com | © Hexaware Technologies. All rights reserved.
Winning an Unfair Share of Deals …by Committing to Fearless Cannibalization
Human Resources
Operation optimization
through Automation
Professional
Employer
Organization
Automation-led Service
Integration and Service
Management
Top Ten Global
Steel Company
Won against top IOPs
Next-Gen Application
Modernization & Support
Specialized
Payment Products
Provider
Won from top IOPs
Automation-led
Procurement, Finance
and HR Shared Services
Large Global
Logistics Player
Won against top IOPs
Second Gen Application
Modernization, Support
and Product Engineering
Global GRC
Software Company
Won from top IOPs
Automation-led
Application Management
Transformation
Publisher,
Distributor of
Children’s books
Won against top IOPs
RAISE IT led end-to-end
Infrastructure
Management
British Auction
House
Won from top IOPs
Back and Front Office
Operations Transformation
through Automation
Global Warranty
Provider
Won against top IOPs
9www.hexaware.com | © Hexaware Technologies. All rights reserved.
… Winning an Unfair Share of Deals by Embracing Digital Innovation
Digital Transformation
with content management
& app development
Investment Firm in
Education
Won against top IOPs
Managing Customer
Experience
in the Digital Channel
Leading
eCommerce Firm
Won against top IOPs
Building an enterprise
wide digital platform in
the agile model
Largest Serviced
Apartments
Operator
Won against top IOPs
Migration of application
landscape to hybrid
cloud
Facilities
Management &
Maintenance
Won from top IOPs
Business Transformation
to initiate, integrate e-
commerce with Order to
Cash Process
Top Skincare
Lines
Digital Transformation to
improve their Customer
Experience
Top Ten Pharmacy
Benefit Manager
Won against top IOPs
Strategic Product
Engineering Partner
Global Rating and
Analytics Advisory
Won from top IOPs
Transforming Customer
Experience
Large Fashion e-
commerce
Company
Won against top IOPs
10© Hexaware Technologies. All rights reserved. | www.hexaware.com
2016
66.2
As a result of Outstanding Customer Service
-100 -80 -60 -40 -20 0 20 40 60 80 100
2015
66.4
2014
53.0
Industry High
68.4Industry Low
40.1
Constantly Delighting Customers
11© Hexaware Technologies. All rights reserved. | www.hexaware.com
Rated Best IT Outsourcing Service Provider,
two years in a row!
General Satisfaction &
Price Level
Service Delivery, Account Management,
Proactivity, Business Value
Understanding & Contract Flexibility
Innovation &
Transformation Quality
By a survey of 800 end customers in Europe and UK
12www.hexaware.com | © Hexaware Technologies. All rights reserved.
<Shrink IT> Grow Digital>>
Automation
Arbitrage
Technology
Arbitrage
Focus on Automation & TechnologyRethinking the traditional labour arbitrage model
Labor
Arbitrage
Shrink IT
Customers Suppliers
Focus on Reimagining Customer JourneysRethinking the User Experience
Employees
Grow Digital
13© Hexaware Technologies. All rights reserved. | www.hexaware.com
Culture Eats Strategy for Breakfast
Culture of automation first;
no fear of cannibalization
Automation
FirstKeep ability to focus on
customers: only 2-3 new
customers per quarter, globally
Focussed Growth
AspirationsFocus on cross-skilling: e.g.
SDETs
Cross Skilling
Automation of low skilled
activities; Slow Rotation of
Senior Consultants, non-FTE
based scale
Anti Pyramid
Culture of bottom-up, client-
centric innovation
Bottom-up
InnovationChip on the shoulder attitude
Fostering Culture
of David vs. Goliath
14© Hexaware Technologies. All rights reserved. | www.hexaware.com
40% of employees participated in Bottom-Up
Innovation
Ideas Posted
2205
Ideas Implemented
1385
Total Efforts Saved
800,287 hrs/ year
Total Cost Saved
35.29 M
15© Hexaware Technologies. All rights reserved. | www.hexaware.com
Hackathons for Cutting Edge Bottom-Up
Innovation
Quest for the Future FinTech Wizards
Top team become part of
Hexaware’s core FinTech
Innovation Team
64Teams
326Participants
3Groups
Awarded
16www.hexaware.com | © Hexaware Technologies. All rights reserved.
Backed by
Industry’s
Best
Leadership
Team
17www.hexaware.com | © Hexaware Technologies. All rights reserved.
Built a World-Class Team …
Vijay IyerChief Sales Officer - North America &
Global Head - Travel & Transportation
Over 25 years in the industry, was CEO of
Cignex and spent 14 years at HCL
Technologies
Prasan PrabhakaranSenior Vice President & Global Head -
Enterprise Solutions
Joined from Cognizant Technologies with
over 23 years of experience, also held
positions at US Technology & Satyam
Aravind KashyapSenior Vice President & Global Head -
Manufacturing & Consumer
Instrumental in Wipro's Consumer Unit
growth, over 25 years of experience, held
diverse roles at HCL, Capgemini, Satyam
Arun RamchandranExecutive Vice President & Global Head
- Professional Services
Member of Applications Services Executive
Board at Capgemini Group, spent 11 years
at Infosys
18www.hexaware.com | © Hexaware Technologies. All rights reserved.
… With 10x Execution Experience
Krishna KumarChief Technology Officer
Over 25 years of experience, including
several startup companies in the
networking, search and big data space, and
in IT-services and web companies
Milan BhattSenior Vice President & Global Head -
Healthcare & Insurance
Led healthcare vertical at Symphony
Teleca, spent over 10 years at HCL
Technologies
Sastry PKVGlobal Delivery Head - Manufacturing &
Consumer, Travel & Transportation
29 years of experience, was COO at
Cignex, also held positions at TCS and
HCL
Ravi SrinivasanSenior Vice President & Global Delivery
Head - Banking & Financial Services
Over 26 years of experience, large part
spent in banking & financial services, incl.
brief stint with a product company
19© Hexaware Technologies. All rights reserved. | www.hexaware.com
Accelerating Growth
Sustain High
Growth
Performance
Fix Problem
Pockets
Create New
Engines for
Growth
20www.hexaware.com | © Hexaware Technologies. All rights reserved.
Accelerating Growth
Sustain High
Growth
Performance
Fix Problem
Pockets
Create New
Engines for
Growth
21© Hexaware Technologies. All rights reserved. | www.hexaware.com
Accelerating Growth
Sustain High
Growth
Performance
Fix Problem
Pockets
Create New
Engines for
Growth
22© Hexaware Technologies. All rights reserved. | www.hexaware.com
Correcting the course for ES
Move to High
Growth Trajectory
New Leadership:
Best Of The Outside World
ES: 100 94
23© Hexaware Technologies. All rights reserved. | www.hexaware.com
Revamping the service line
Diversify product lines
such as SAP, BPM,
Creation of 3 distinct
product category
Align product
services strategy
with current market
Additionally create 3
product specific service
offerings; refresh
offerings in existing lines
Creation of 4
strategic service
offerings
Organization structure
overhauled to become
nimble and meet
customer needs
Nimble
Organization
Structure
Revamp product
partnerships; re-energize
them
Product
Partnerships
Across customer/
prospect base -
playbooks
Restructured GTM
Initiatives
Induction of new
talent
New Talent
Create thought
leadership with key
analyst community
Thought
Leadership
Re-enginerize and re-
orient workforce
Workforce
Motivation &
Enthusiasm
24© Hexaware Technologies. All rights reserved. | www.hexaware.com
Building business solutions for Professional
Services firms
Leveraging Technology Enablers
Block chainCognitive IoT Automation Digital
Independent View
Recording of Information
Verification
25© Hexaware Technologies. All rights reserved. | www.hexaware.com
Addressing the white space adjacency
Back Office &
Infrastructure
Assurance
Tax
Transaction
Advisory
Compliance &
Risk
Adding new accounts
in this vertical
represents a solid
growth opportunity
26© Hexaware Technologies. All rights reserved. | www.hexaware.com
Transforming M&C vertical
Consulting teams to bring upstream business and revenues
Best of leadership for Managing Relationship and Delivery
Capabilities in Next generation areas of IT/OT Convergence,
IOT, Retail Analytics, and Business Solutions
Industry segmentation to bring significant depth and
relevance to solve Customer problems
Investing in Partnerships and Innovation labs to bring new
solutions and accelerators to Customers
27www.hexaware.com | © Hexaware Technologies. All rights reserved.
Accelerating Growth
Sustain High
Growth
Performance
Fix Problem
Pockets
Create New
Engines for
Growth
28www.hexaware.com | © Hexaware Technologies. All rights reserved.
Strategic
Services
Lines
Setting up 2 service lines each year
that grow 40% YoYM
ark
et
Att
rac
tive
ne
ss
Capability
to Serve
OrganicAcquisitions
Low High
Lo
wH
igh
Integrated
Automation
Cloud
Analytics
Enterprise
Integration
Banking Ops
Digitization
Platform based
Solution
Customer Experience
Transformation
Salesforce
Solutions
CMO Offerings
29© Hexaware Technologies. All rights reserved. | www.hexaware.com
Inorganic:
Acquisitions
30© Hexaware Technologies. All rights reserved. | www.hexaware.com
Focus on Innovative & Differentiated
Opportunities
Companies in 10-25
million size in high
growth space with
capabilities in Next-Gen
platform, technology,
solution
Cloud
Salesforce
Solutions
Platform based
Solution
Acquisition
CMO
Offering
Banking Ops
Digitization
31© Hexaware Technologies. All rights reserved. | www.hexaware.com
Capital Allocation Strategy
Philosophy: Return excess capital to Shareholders
in the most efficient form
Acquisition financing
Cash in BooksDebt Equity
32© Hexaware Technologies. All rights reserved. | www.hexaware.com
Organic:
Hyper-Growth
Initiatives
33www.hexaware.com | © Hexaware Technologies. All rights reserved.
Enabled with Hyper-Growth Premier
League (HPL)
Teams Score # Customers $ Revenue
400 1 1.00
350 1 0.50
300 1 0.25
200 0 0.00
150 0 0.00
Leader Board
Each team scored based on KPIs
Cloud
Analytics
Enterprise
Integration
Call Centre
Transformation
Integrated
Automation
Product
Management
Group
34www.hexaware.com | © Hexaware Technologies. All rights reserved.
Sales
hackathonProduct backlog
MVP
Exciting Journey Ahead for Each Product
Go/Kill gate
Analysts briefingWebinarElevator pitch
Business caseRoadmap
Pilot CoEanalysts and press coverage
digital marketing
Campaign
White paperDemo videos
Discontinuities
Potential Outside-in viewCompetitors’ profile
Quantitative analysis
Product Concept
35www.hexaware.com | © Hexaware Technologies. All rights reserved.
Cu
sto
me
r Se
rvic
e
Tra
nsfo
rmatio
n
En
terp
rise
Te
ch
no
log
y
Tra
nsfo
rmatio
n
Disruption in Customer Experience
36© Hexaware Technologies. All rights reserved. | www.hexaware.com
Evolution
of Shrink IT
to Grow
Digital
37© Hexaware Technologies. All rights reserved. | www.hexaware.com
First Notice
Of Loss
Entry of data
into claim
system
Triage,
Segment
Assign
Investigate
Evaluate
Estimation,
Review
Reserves
Payment
Recoveries
Litigation
Negotiation
Close
Communicate
14 66 20
100
© Hexaware Technologies www.hexaware.com. All rights reserved.
Processing Effort & Customer Experience for an Auto
Insurance Company
38© Hexaware Technologies. All rights reserved. | www.hexaware.com
First Notice
Of Loss
Entry of data
into claim
system
Triage,
Segment
Assign
Investigate
Evaluate
Estimation,
Review
Reserves
Payment
Recoveries
Litigation
Negotiation
Close
Communicate
11 50 10
Core Implementation
100 71
© Hexaware Technologies www.hexaware.com. All rights reserved.
39© Hexaware Technologies. All rights reserved. | www.hexaware.com
First Notice
Of Loss
Entry of data
into claim
system
Triage,
Segment
Assign
Investigate
Evaluate
Estimation,
Review
Reserves
Payment
Recoveries
Litigation
Negotiation
Close
Communicate
11 37 9
Core Implementation + RPA
100 71 57
© Hexaware Technologies www.hexaware.com. All rights reserved.
40© Hexaware Technologies. All rights reserved. | www.hexaware.com
First Notice
Of Loss
Entry of data
into claim
system
Triage,
Segment
Assign
Investigate
Evaluate
Estimation,
Review
Reserves
Payment
Recoveries
Litigation
Negotiation
Close
Communicate
11 25 9
Core Implementation + RPA + ML
100 71 57 45
© Hexaware Technologies www.hexaware.com. All rights reserved.
41© Hexaware Technologies. All rights reserved. | www.hexaware.com
First Notice
Of Loss
Entry of data
into claim
system
Triage,
Segment
Assign
Investigate
Evaluate
Estimation,
Review
Reserves
Payment
Recoveries
Litigation
Negotiation
Close
Communicate
4 21 7
Core Implementation + RPA + ML+NLP+API
100 71 57 45 32
© Hexaware Technologies www.hexaware.com. All rights reserved.
Thank you
© Hexaware Technologies. All rights reserved. | www.hexaware.com
Innovative
Services
Passionate
Employees
Delighted
Customers