Gartner includes Mindtree’s Magnet 360 in its market guide

23/02/2017 16:28

Bengaluru-based IT & outsourcing firm MindTree Ltd on Thursday said that its Magnet 360 division was included in Gartner’s Market Guide for Salesforce Service Providers.

In a filing to the Bombay Stock Exchange, MindTree said, “Magnet 360 included in Gartner’s Market Guide for Salesforce Service Providers.”

Gartner identified Magnet 360 as a representative provider for customer analytics, sales cloud, service cloud, marketing cloud and app cloud, it said.

The report recommends that clients should “favor service providers that have tools, templates and accelerators that can be leveraged to reduce time and cost to deploy, increase predictability and meet or exceed TCO requirements.”

Commenting on the development, Magnet 360, CEO, Matt Meents said, “By providing highly-certified Salesforce professionals with expertise across Salesforce clouds, Magnet 360 has established itself as a strategic partner for Salesforce globally. To increase and support these efforts, Magnet 360 will leverage its recently opened Salesforce Center of Excellence in Munich, Germany, to align to the expansion of Salesforce in continental Europe.”

“Throughout their history, Magnet 360 has been one of our strongest and most committed partners. Now as a part of Mindtree, they have the scale to really grow and continue to be a strategic and important partner,” said Don Lynch, SVP Global Alliances from Salesforce.

Meanwhile, shares of the company closed at Rs 469.95 apiece, up 0.36 per cent, from previous close on BSE.

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