Sonata Software spurts after securing a product patent

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Capital Market
Last Updated : Dec 15 2016 | 3:47 PM IST

Sonata Software jumped 7.62% to Rs 183.70 at 15:18 IST on BSE after the company said its enterprise mobility platform had been granted a patent for its innovation on rule based notifications.

The announcement was made during market hours today, 15 December 2016.

Meanwhile, the S&P BSE Sensex was down 88.02 points or 0.33% at 26,514.82.

On the BSE, 4.95 lakh shares were traded on the counter so far as against the average daily volumes of 68,000 shares in the past two weeks. The stock had hit a high of Rs 188.60 and a low of Rs 171.50 so far during the day.

Sonata Software announced that its unified enterprise mobility platform Halosys had been granted a patent for its innovation on rule based notifications. The patent was granted for a key technology innovation in the Halosys platform that enables users to be notified across web, SMS, email and inapp push notifications based on events matching a pre-configured set of filters including the user's location, time of day, along with the data from the event's object graph.

This patent has farreaching implications beyond web and mobile, to automated systems that can trigger responses based on events in enterprise systems like ERP, CRM, enabling more intelligent and automated apps and bots applications to be deployed for digital business innovation.

Halosys is a unified enterprise mobility platform that enables enterprises to build, secure, deploy and manage a portfolio of mobile business applications, leveraging existing enterprise systems and data, from a single mobility technology platform. Halosys is also built to emerging Internet of Things (IoT) standards.

Sonata acquired Halosys head quartered in California in August 2015 and has increased its investment in developing the Halosys platform to be a world class enterprise mobility platform.

Sonata Software is a global IT solutions firm focused on catalyzing business transformation initiatives of its clients through deep domain knowledge, technology expertise and customer commitment.

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First Published: Dec 15 2016 | 3:11 PM IST

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