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Kellton Tech Solutions Ltd.

BSE: 519602 Sector: IT
NSE: KELLTONTEC ISIN Code: INE164B01022
BSE 00:00 | 23 Apr 77.80 0.75
(0.97%)
OPEN

77.25

HIGH

80.95

LOW

75.60

NSE 00:00 | 23 Apr 76.80 -0.40
(-0.52%)
OPEN

78.95

HIGH

81.90

LOW

74.50

OPEN 77.25
PREVIOUS CLOSE 77.05
VOLUME 91367
52-Week high 84.70
52-Week low 40.00
P/E 84.57
Mkt Cap.(Rs cr) 750
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 77.25
CLOSE 77.05
VOLUME 91367
52-Week high 84.70
52-Week low 40.00
P/E 84.57
Mkt Cap.(Rs cr) 750
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kellton Tech Solutions Ltd. (KELLTONTEC) - Chairman Speech

Company chairman speech

In the midst of the current global scenario Kellton Tech continues to radiate strengthand confidence through consistent top-line and bottom-line growth. In the year 2016-17your company has made a significant mark on the market with a string of high-profileachievements.

Kellton Tech on the Ascendant

Today Kellton Tech is a CMMI Level 5 company indicating that we have successfullyscaled the pinnacle of global quality and process standards. This is a critical milestonefor it offers a prestigious validation of the inherent strength of our processes and thehighest levels of quality we deliver to customers.

Your company won the "The Best e-Governance Initiative of the Year" award atBusinessworld Digital India Summit 2017. In recognition of its enabling work culture thatfacilitates employee growth and development Kellton Tech was featured in The CEOMagazine’s "Best Places to Work". The company was ranked 19th and 193rdfastest growing technology company in India and Asia-Pacificrespectively by a Deloitteinitiative.

Your company achieved the proud distinction of being among the three Indian companiesto be featured on Forbes Asia’s ‘Best under a Billion’ a list of top 200public-traded companies in the Asia-Pacific region. We have been recognized for being apart of public companies that are reliable growth engines based on a comprehensive studyof company’s history health indicators and potential.

As a torchbearer in digital transformation Kellton Tech paved its way to conquer thenext digital frontier of financial technologies throughacquisition of US-based LenmarGroup. Lenmar Consulting the flagship company has a commanding presence in banking andfinancial sector with marquee clients in this space.

The Genesis of Thought-Leadership

Seen independently these achievements demonstrate that your company’s continuedsuccess is built on strong fundamentals. But when juxtaposed against the prevailingscenario the progression further elevates our leadership brand. It all started with aconscious decision and direction taken years ago.

When others traded their wares on status-quoist opportunities we traversed the path ofpossibilities.

Sensing the digital storm that was waiting to upend the world as we knew it weembarked upon a journey to help businesses thrive amid digital disruption. According toGartner 75% of the business will be a digital business or will be preparing to becomedigital by 2020. Thus digital transformation became our core focus and all our effortssince have been directed towards propelling enterprises into future.

A significant share of our success comes from transformation is often confused withtechnological upgrade and some sections still see it as something that can wait. But thisis to grossly underestimate the far-reaching impact of digital and how it is totallytransforming the way in which businesses operate.

The nature of this digital beast is not fully apparent to many. Even enterprises whoseperformances warrant no re-look might be suddenly swept off their feet. On a related notethe lifespan of Fortune 500 companies is fast reducing and so is their tenure. Sometimesthe strategic direction that an enterprise is required to take can cannibalize its currentrevenue streams. This is where Kellton Tech as a global leader in digital transformationcan prescribe a bitter digital pill to future-proof the enterprise.

A case in point this year we were engaged in building the digital arm of the largestSpanish-language television company in the US. We enabled them to disrupt their industrythrough mobility-powered video content-aggregator business model. We have helped deliverseamless digital customer experience through ready availability of on-demand andoperator-agnostic content anytime anywhere.

Leading the way to a future of "infinite possibilities"

We are at the cusp of a seismic shift that will change humanity more in the next 20years than experienced in the past 300 years. Kellton Tech by virtue of its leadershipstatus is best-placed to lead the change.

Instead of resting on past laurels and present position of strength your company isconstantly striving to expand the realm of possibilities. The continuous drive forinnovation has led us to build expertise in disruptive technologies like ArtificialIntelligence Cognitive Solutions Blockchain Big Data Analytics Cloud Chatbots andInternet of Things among others.

Technology companies are fast becoming financial institutions. The future will see anincreased overlap between these domains to an extent where boundaries begin to blur. TheLenmar acquisition is part of the larger strategy to extend our transformationalcapabilities to financial domain. Our emphasis that’s set to revolutionize BFSI isanother facet of the move. Blockchain is a public hyperledger that will enable internettransfers without a central third party and thus carries immense transformativepotential.

Augmented reality will throw open the door to new range of experiences never seenbefore. Internet of things is poised to be a definite game-changer enabling thetransformation of disconnected systems into intelligent and wired ones. Some speculatethat self-driven cars might be a reality as early as 2025.

Chatbots will redefine customer service and digital commerce in a way that shall makehuman workers obsolete. Within three years enterprise Intelligent Assistants (IAs) willbe the primary point of contact to support real world commerce in the digital realm.Technology has reached a point where a digital lawyer-bot could skim through thousands ofcases to give the likely result of a current case in a matter of seconds which is moreaccurate than the consensus reached by a paralegal team comprising 40 humans working forthree weeks.

These are not flights of fantasy taken from a science-fiction; they will be the realitywe breathe very soon. Just as Kellton Tech’s prescient focus on mobility well aheadof its trending helped it acquire innovation-lead in this arena its focus on thetechnologies of tomorrow will likewise give it a first-mover edge.

As in the past and present Kellton Tech is uniquely-positioned to propelenterprises into future.

Kelltonites the kickstarters of the revolution

The scale of achievements and recognitions earned during this year is the culminationof each Kelltonite’s effort to bring excellence into everything we do. The drive tobe different is deeply embedded in our work culture that empowers employees to excel andinnovate.

One look at our oeuvre will make it clear that our pioneering projects requireevolutionary skills of an unprecedented level considering the sheer magnitude ofcutting-edge innovation they entail. A major contributor to our success in thetransformation space is the digital mindset instilled among Kelltonites wherein peopleare trained to navigate through the highly fluid and disruptive business landscape.

Kellton Tech stands not just for "infinite possibilities with technology" butalso "infinite opportunities for employees". Through our continuous trainingprograms we enable reskilling and upskilling of employees and help them stay abreast ofthe emerging technologies. We have been at the forefront of embracing new shifts and areplaying a key role in reshaping the digital revolution.

At the tail end of this highly eventful year we feel heartened and humbled by yourtrust in us which has been instrumental in helping us reach greater heights ofaccomplishments. We are confident continued support our future achievements will dwarfeven the tall ones that we have scaled so far. This is beginning of an even morechallenging journey of leading the way to a future of "infinitepossibilities".

Thank you.

Niranjan Chintam

Founder and Executive

Chairman