German software testing group SQS has announced a series of new contact wins across a range of sectors which could signal a swift recovery after its shock first-half profits warning.
The contracts include one with a major UK health insurance player and the group's first non-gaming client win in the US. They are also a blend of offshore and onshore contracts, a mix which garners higher margins, and indicates progress on migrating clients to its managed services model through which SQS hosts and manages the software services it sells to clients rather than selling discrete packages.
The news comes hot on the heels of a similar announcement in October, which saw the group announce new customers in the retail, financial services and utility sectors.
