Rolta's Q3-FY-17 Consolidated Revenue Grows 23.6% Q-o-Q

In the Cloud Solutions area Rolta has been assisting organisation cutting across industry vertical to establish their Cloud adoption strategies. Examples of this include the deployment of a Hybrid Cloud worth US $ 3.5M for by a US based speciality retailer while a leading global supplier of plastic fasteners contracted Rolta with a US $ 3.3M order to support their Cloud based supply chain applications. Other examples include building of a Cloud environment for a leading global supplier of Vision systems to support their manufacturing applications worth US $ 1.8M while a National Healthcare service provider in US engaged Rolta to enhance their Cloud capacity with a contract worth US $ 1.5M.

Big Data Analytics

Rolta has built an enviable track record to engage with customers in their entire BI and Big Data Analytics journey. Rolta SmartMigrate™ is an essential tool in automating several aspects of this journey for BI and Big Data Analytics platform consolidation cutting across industries and is gaining greater traction. One of the world's largest retail chain stores based out of North America recently signed a Master Services Agreement to consolidate their dashboards and reports on to a single platform which is expected to grow into a multi-million dollar contract. While at the other corner of the world one of the largest dairy farm in New Zealand chose Rolta to migrate their analytics to the latest in-memory analytics platform.

Asset intensive industries in their quest for digital transformation have grown to trust Rolta for its rare combination of engineering know-how, deep industry domain knowledge and cross functional technical expertise, to build robust Asset Information Management systems. These successes include one of the largest utility company in Africa who recently chose Rolta for the initial phase of their project while in India Rolta is now engaged with multiple refinery majors to build their Asset Information Management Systems.

Rolta has now established several marquee customers across the globe in the select industry it addressed with its flagship Rolta OneView™ enterprise suite. Encouraged by this growing success Rolta has now elected to leverage its robust and mature technology architecture and adapt it to new industries to serve, Oil and Gas, Refineries, Petrochemicals, Chemicals, Power Generation, Utilities including Water, Electricity and Gas, Pharmaceuticals, Transportation, e‑Governance including City Operation Centres, Cyber Security and Crime Analytics for Security forces.

A good example of this expansion was Rolta's ability to position its Rolta OneView™ product elements in a modern e-Governance and decision support system. Recently, Rolta has been awarded a US $ 2.7M contract for the deployment of a Rolta OneView™ based State Residential Data Hub for a State Government in India leveraging Rolta OneView™. This Master Data Management Solution will bring together a variety of information available with multiple state departments and map the pan India Unique Identity Data to create a single trusted data hub.

While in the traditional industry segments Rolta OneView™ continues to grow from strength to strength. A large power utility company in GCC chose to extend their contract with Rolta to enhance their Outage Management Analytics solution while another department within the organisation chose to deploy Rolta OneView™ to generate compliance reports that have to be submitted to the Electricity & Cogeneration Regulatory Authority. Rolta was recently engaged by a UK based water Utility to provide Analytics as a Service over the Cloud. With the increasingly stringent UK Government regulatory and reporting norms, several water utilities are finding that Rolta OneView™ with its predictive analytics could become a natural choice to meet these ongoing requirements.

About Rolta: Rolta is a leading provider of innovative IP-led IT solutions for many vertical segments, including Federal and State Governments, Utilities, Oil & Gas, Petrochemicals, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is recognized for its extensive portfolio of solutions based on field-proven Rolta IP tailored for Indian Defence and cutting edge Big Data Analytics. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops State-of-the-Art Digital Solutions incorporating rich Rolta IP in the areas of Cloud, Mobility, IoT, BI and Big Data Analytics. Rolta is a multinational organization headquartered in India and the Company's shares have been publicly traded for more than 25 years in India. Rolta GDRs are listed on the London Stock Exchange for 10+ years.

For additional information please visit www.rolta.com, or contact:

Lt. Gen K.T. Parnaik
JMD - Defence & Security Business
Member of the Board
Email Contact  
Tel: +91 (22) 2926 6666

Preetha Pulusani
President - International Operations
Member of the Board – Rolta Intl.
Email Contact  
Tel: +1 (678) 942 5000

Rajesh Ramachandran
JMD - Global Products & Technology Solutions
Member of the Board
Email Contact  
Tel: +91 (22) 2926 6666

Ramakrishna Prabhu
Director - Corporate Affairs & CFO
Member of the Board
Email Contact  
Tel: +91 (22) 2926 6666

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward- looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward looking statements but do not undertake, and disclaim any obligation, to update them.

SOURCE Rolta India Limited

Contact:
Rolta India Limited
Web: http://www.rolta.com



« Previous Page 1 | 2             
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise