Rolta Bags Rs 365 Cr Orders for Digital Transformation | CORPORATE ETHOS

Rolta Bags Rs 365 Cr Orders for Digital Transformation

By: | March 9, 2018

Mar 9: Maharashtra-based Rolta India Ltd, a leading provider of innovative IP-led IT solutions, on Friday announced that it has recently been awarded various large contracts worth Rs 365 crore in total by large and prestigious organisations from varied industries for their digital transformation.

According to Rolta, one of India’s largest energy conglomerate, a dominant power major with presence in the entire value chain of the power generation, has recently contracted the company for their ambitious program to establish and manage their next generation paperless office as part of the Digital India initiative.

In the Telecom sector, Rolta recently won a large project for a modern network management and analytics system for a fibre optic network spanning over 57,000 Kms.

“In the transportation segment, a premier Shipping Transport Agency in India selected Rolta to drive their digital transformation for all their organizational functions related to shipping, operations & maintenance and governance while also providing deep cross-functional analytical insights and decision support by leveraging ‘Rolta OneView’,” the company said in a statement.

Further, under the ambitious Smart Cities Program of Government India, Rolta was awarded a contract as a consortium partner to transform one of the oldest living cities in India into a ‘Smart City’.

Commenting on the order win, K K Singh, Chairman and Managing Director, Rolta, said, “By bringing together a rare combination of rich industry specific domain expertise, deep IT skills, extensive Big Data Analytics and geospatial knowhow with world-class Rolta-IP led solutions, we are able to address large digital transformation programs which provide transformative business outcomes.”

Rolta shares were trading at Rs 62.60, up 2.37% from the previous closing of Rs 61.15, on BSE at 11.55 am today.