Aurum Proptech (Majesco)

This is from US call—

ADAM- …As far as our largest customer, we completed the project and with all large projects, there is generally an extended period of testing in pre-production until they go live, but we anticipate that in the near term, but the good news for our business model is we were able to see an increase in our cloud revenue despite not having that single customer. So with a much healthier mix of customers in the cloud revenue this quarter.

Howard BrousWellington Shields – Analyst

Can you just be a little bit more granular in terms of that customer? Do you think by the end of the year or certainly calendar first quarter next year.

Adam ElsterChief Executive Officer

I think that’s a realistic expectation.


I do not think they are going live in Q3. If at all they are going live, it will be in Q4/Q1. But look at the tone of it, it is subdued. The same can be observed in Indian call. IBM is Majesco’s biggest deal, they should be excited, but I did not get the same impression on the con call. If they are excited, they would have elaborated in bit more details.

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