There are times when fate and history come together at a single time in a singleplace in a rare combination of circumstances to shape moments of crisis. Resilientorganizations are able to quickly adapt to such disruptions while maintaining continuousbusiness operations and safeguarding people assets and overall customer confidence. Suchorganizations remain steadfast in the face of adversity and actually begin to championchange in the marketplace to become leaders.
Rolta is a true example of such resilience. Our ability to constantly transform Roltato remain relevant in the face of relentlessly changing digital technologies and marketneeds yet remain focused on core competencies is the fundamental reason of our dynamismand core strength. We have accordingly always persevered to build businesses with a longterm perspective. In line with this philosophy we have transformed our business model -from being services-centric to one that is Rolta IP-based and leverages our patentedtechnologies. A business model focused on the Digital Transformation that organizationsworldwide now need and demand - so as to remain relevant and succeed in the digitaleconomy. This Digital Revolution is being fueled by technologies such as the Internet ofThings (IoT) Big Data and Analytics Social Media Cloud and Mobility amongst otherscreating a rapidly expanding overall market of US$ 1 Trillion. The nexus of thesetechnologies and the pervasive hyper connected networks is responsible for the deluge ofdigital data.
By bringing together a rare combination of rich industry specific domain expertisedeep IT skills extensive geospatial and engineering knowhow and world-class Rolta-IP ledsolutions we have been able to deliver exceptional value to our customers in theirjourney of Digital Transformation by providing business outcomes rather than justautomating business transactions. This differentiated and holistic approach has given us asignificant competitive edge and permitted Rolta to establish itself as a mature andresilient global IT solutions provider. We therefore not only have long-standingrelationships and credibility with a multitude of customers but also enjoy very closestrategic partnerships with global technology leaders.
We are consciously focused on delivering end-to-end solutions for our customerswhether the requirements are for establishing the underlying IT infrastructure designingand creating an integrated enterprise application customized for their individualrequirements or creating an enterprise-wide BI and Big Data Analytics solution to gain acompetitive advantage. For example while the majority of Big Data initiatives stop atprocessing unstructured human generated data a vast volume of machine data remainsuntapped. By leveraging its IP and domain expertise Rolta has put together a portfolio ofofferings that can help a customer to work at any level of integration - 1X 10X or 100X.
To achieve this Rolta continues to build and expand its IP through the RoltaOneView Enterprise Suite for diverse asset intensive vertical segments. This BI andBig Data analytics solution provides integrated actionable insights across the enterprisefor Diagnostic Predictive & Prescriptive Analytics by employing at its heart asophisticated Data Science Platform. This software suite seamlessly integrates IT OTgeospatial and engineering data from disparate sources in an enterprise to present unifiedBusiness Analytics in real-time.
It is now well accepted that embedding geospatial data in information modellinganalytics and actionable intelligence has greatly increased the value and quality ofdecision making through enhanced visualization and locational analytics. The technologiesthat are driving the Digital Transformation will undoubtedly fuel the need for geospatialtechnologies even further. Our leadership in this domain combined with our tremendousdomain expertise and growing portfolio of sophisticated geospatial IP positions us verywell to take advantage of this increasing demand. To illustrate not only our innovativesolutions deployed in hundreds of smart city projects globally and winning many accoladesfor the value they have brought a large number of the emerging smart cities in India andMiddle East are looking to Rolta for their implementations.
Asset intensive process manufacturing plants are embarking on their DigitalTransformation journey by implementing robust Engineering Information Management systemsto exploit the intrinsic value of their Digital Assets for effective plant management.Rolta is positioned strongly due to its unique ability to integrate its portfolio ofenterprise-level IT applications with its engineering domain thereby raising the valueproposition beyond traditional applications and services. As a result Rolta continues toaddress multi-million dollar contracts to implement comprehensive Engineering Informationsystems and build enduring relationships with its customers.
To give additional thrust to its indigenization efforts Ministry of Defence (MoD)Government of India has recently introduced 'Indigenously Designed Developed andManufactured (IDDM)' as its most preferred procurement category. This is in addition tothe 'Make India' categorization that was implemented earlier whereby highly qualifiedlocal bidders are invited to participate in large procurements.
Rolta is one of the select few companies qualified to participate in various suchmulti-billion dollar 'Make India' programs. For example MoD has selected the exclusiveconsortium of BEL & Rolta as a Development Agency for the Battlefield ManagementSystem project one of the largest projects being indigenously developed for the IndianArmy worth around Rs. 70000 Crore (US$ 10.30 bn) which will usher in DigitalTransformation of the Indian Army's battlefield operations.
This success and resilience has been made possible due to a variety of factors notablyour established track record of 20 + years with Indian defence deep domain expertiseacquired in working shoulder-to-shoulder with the Indian military and most importantly ourindigenously developed and field-proven IP & patented technologies - for CommandControl Intelligence Surveillance and Reconnaissance which have been deployed athundreds of key military sites.
Accordingly we are also poised to benefit strongly from the IDDM categorization. Inaddition we are very well-placed to seize the significant opportunities arising from thehuge modernization programs of Indian Para-Military and Police Forces in the fast-growingHomeland & Maritime Security markets. Hence the size of our addressable market hasincreased significantly to around US$ 30 billion over the next 10 years clearlydemonstrating our resilience and strength in this segment.
In these ever-changing and challenging times we will continue to persevere and createlasting value. It is this belief that fuels our determination to do our utmost and persistin the pursuit of building an ever resilient and sustainable business thereby benefitingall our stakeholders.
K. K. Singh
Chairman & Managing Director
July 15 2016