Ensono employee expansion plans in India; hiring 1,500 by 2023

Ensono Technologies, under the leadership of CEO Jeff VonDeylen, is strategically expanding its workforce in India. The company plans to increase its employee strength from approximately 1,384 to 1,500 by 2023. With a global presence, Ensono operates not only in India but also in the United States and Europe. India and Poland serve as the company’s main delivery centres, with India hosting a significant portion of its workforce.

Ensono specialises in providing mainframe services to prominent sectors such as banks, insurance companies, and government agencies. Its client base primarily resides in the US and Europe, where Ensono delivers essential technological solutions.

Approximately 55 percent of Ensono’s revenue is generated through its mainframe business, highlighting its strong foothold and success in this sector. The remaining revenue is derived from public cloud and private cloud services, demonstrating Ensono’s commitment to embracing modern technologies and offering diverse solutions to its clients.

Ensono’s mainframe business has been experiencing substantial growth, with an impressive annual expansion rate of 15–17 per cent. Capitalising on this momentum, the company has set an ambitious target of reaching $900 million in revenue from its mainframe business by the year 2023.

In 2018, Ensono made a significant strategic move by acquiring the data centre business from Wipro for a notable sum of $405 million. This acquisition enabled Ensono to establish a strong workforce base in India, a vital market for its operations. As part of the transaction, Wipro made an investment in Ensono, indicating their belief in the company’s potential and aligning their interests with Ensono’s future growth.

In 2021, the Bengaluru-based company Wipro divested its stake in Ensono, resulting in the investment firm KKR emerging as the major investor. This change in ownership structure signifies Ensono’s ability to attract renowned investors and highlights its potential for continued success and expansion in the market.