Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 February, 2018 22:57 IST
Rolta bags order worth USD 10.8 mn in West Asia
Source: IRIS | 17 Jul, 2017, 10.36AM
Comments  |  Post Comment

Rolta today announced that it has been selected to provide a transformational Geospatial solution worth USD 10.8 million for one of the largest countries in the Middle East.

This solution will be an integral element for supporting a prestigious national level Digital Transformation program to fulfil their ambitious vision spanning the next 15-years. Governments and their agencies require the right geographically referenced locational information and tools to respond to the national agenda for achieving sustainable development.

With close to 80% of the data having a locational context, a rich digital geospatial repository forms the foundation for a variety of programs such as Defence and National Security, Smart and Safe city planning including emergency response planning, disaster management, natural resource management and utilities infrastructure management to name just a few. For this project, Rolta has been entrusted to create a seamless digital repository comprising of up-to-date mapping and geospatial information covering the entire nation with an integrated bilingual Geoportal for secure multi-channel dissemination and collaboration. Rolta will be leveraging its rich IP and state-of-the-art technologies to automate and accelerate the creation of this vast repository.

Rolta's Cloud-enabled IP led Geospatial Fusion' together with Spatial Analytics suites will form the core for the Geoportal which supports innovative enhancements for elevation and geodetic services, integration of hydrographic data, etc. This portal will also provide executive dashboards for business and spatial analysis to support decision making and will be accessible by other agencies across the country for the development of sustainable Smart Cities.

K. K. Singh, Chairman and Managing Director of Rolta Group, said, "We are glad to have been selected again by the customer to implement their visionary digital transformation solution having successfully delivered solutions for the initial phases of their journey. Rolta's ability to provide end-to-end IP led Geospatial solutions covering the entire value chain from GIS and mapping data creation to seamless integration with business systems and rich spatial analytics was a clear differentiator resulting in this award."

Shares of the company gained Rs 4.55, or 7.73%, to trade at Rs 63.40. The total volume of shares traded was 449,152 at the BSE (10.25 a.m., Monday).





Rolta India Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Cut Govt stake in banks below 50%: Assocham - 19-Feb-2018 10:28
Glenmark Pharma presents findings from Phase 2a study of GBR 830 - 19-Feb-2018 10:10
L&T Construction secures order worth Rs 16.80 bn - 19-Feb-2018 09:52
Dilip Buildcon secures EPC road project worth Rs 6.70 bn - 16-Feb-2018 15:39
BHEL commissions 18 MW hydro-electric project in Punjab - 16-Feb-2018 13:33
Reliance Communication update on asset monetization - 16-Feb-2018 12:06
8K Miles Software launches blockchain platform 8K Health Edge - 16-Feb-2018 10:16
Mahindra Group to invest Rs 1.76 bn in Zoomcar - 16-Feb-2018 10:06
India Grid Trust acquires 3 project SPVs - 16-Feb-2018 09:56
Larsen & Toubro bags orders worth Rs 15.85 bn - 15-Feb-2018 13:11
Rajesh Exports wins export order worth Rs 8.73 bn - 15-Feb-2018 12:36
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer