Rolta India Ltd's Achievements
[Editor: Rolta India Ltd's consolidated net profit rose 11.1% to Rs.70.26 crore on 33.5% growth in revenue to Rs.627.77 crore in Q1 September 2013 over Q1 September 2012. This gave an EPS of Rs.4.40 (consolidated), in the 1st quarter of Q1FY14. In the full year, FY14, Rolta Ltd is expected to clock an EPS of Rs.11-12. Buy the scrip at Rs.67.20, for a target of Rs.92, in the short term]
MUMBAI, India, December 2, 2013: Rolta OneView™ has been positioned by NASSCOM/Frost & Sullivan in the top right "Exemplars" quadrant in their Product Excellence Matrix ("PEM") for Analytics products in their report published in November 2013.
NASSCOM, in partnership with Frost & Sullivan ("F&S"), has rolled out the PEM initiative to benchmark Indian software products across defined categories. NASSCOM defines Exemplars as: "…vendors that have a well-defined growth strategy and successful execution plan. Exemplars articulate a compelling value proposition aligned to target market needs backed by strong execution and can deliver on enterprise wide implementations that support a broad BI strategy."
After short-listing products for detailed evaluation, numerous products were put through a rigorous benchmarking exercise to determine their placement on the PEM. Product Development Organizations were evaluated based on "Strategic Excellence" as well as "Execution Excellence", and parameters like their ability to convincingly articulate customer's BI and Big Data Analytics needs, improve decision making, cut costs, innovation, market trends and competitive forces.
Rolta OneView™ merited placement in the Top Right "Exemplar" Quadrant based on an in-depth study of Rolta OneView™ Suite by F&S. They recognized its key strengths as successful monetization through large deals in strategic verticals; cross-functional analysis for contextual monitoring of business performance and actionable intelligence; interactive Dashboards with drill down to details; cascaded balanced scorecards; strategy maps; and geospatial maps; and prebuilt knowledge data model and over 250 prebuilt industry specific KPIs. These strengths translate into rapid deployment at customer sites, thereby enabling them to quickly realize returns on their investments in technology.
In a second PEM that reflects the market focus from "narrow" to "wide", and level of maturity in the market from "entry" level to "established", Rolta OneView™ is once again placed in the top right quadrant, implying that it is an established product with wide applicability in many vertical segments.
Rolta has made significant investments in the last few years to develop a large repository of intellectual property comprising a variety of products and solutions for many vertical segments. The Company has inducted several Subject Matter Experts and IT specialists to harness best-of-class technologies to build world-class solutions.
"This recognition by NASSCOM/Frost & Sullivan asserts that Rolta OneView™ is a strong BI and Big Data Analytics product suite that offers out-of-the-box real-time and predictive analytics solutions," said Rajesh Ramachandran, President&CTO, Global Products & Technology Solutions, Rolta. "It is a matter of pride for us that our product suite has emerged so strongly from a rigorous evaluation by a world renowned organization," he added.
About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional solutions for these segments. The Company leverages its industry-specific know-how, rich repository of intellectual property that spans photogrammetry, image processing, geospatial applications, business intelligence, analytics, field-proven solution frameworks, and deep expertise in cutting-edge technologies like Geo BI, Cloud computing, Software Defined Infrastructure and Big Data for providing sophisticated enterprise-level integrated solutions. Rolta is a multinational organization headquartered in India. The Company operates from 40 locations worldwide through its subsidiaries, and has executed projects in over 45 countries. The Company benchmarks its quality processes to the world's best standards, like successful assessment for Software Application Development and Maintenance at the highest Level 5 of SEI's CMMI® version 1.3. Rolta is listed on the Bombay Stock Exchange & National Stock Exchange, and forms part of various indices on BSE/NSE in India. The Company's GDRs are listed on the Main Board of London Stock Exchange. The Company's 'Senior Notes' are listed on Singapore Stock Exchange.
Courtesy: P R Newswire
