Our lives are characterised by growing complexity and accelerated changes. We aremoving towards networked societies where relationships are fluid less predictable andimplicitly defined. It is interesting to note how the pace of technology its rapidabsorption and the disruption it can bring is increasing day by day. The most significantchange will not come from any one single technology but from a combination and aninterplay between multiple digital technologies like Cloud Big Data Analytics MobilityGeospatial Artificial Intelligence Augmented 3D Reality etc. The failure to foreseethese changes in technology and their impact has resulted in some of the industry giantsfalling by the wayside and perishing.
Technologies like Internet of Things are creating a hyper- connected world around uswhich is generating a deluge of digital data. Cloud and Mobility on the other hand areproviding organizations with the agility and pervasive access to this exponentiallygrowing volumes of data. Artificial Intelligence and Machine Learning are emerging tocrunch this Big Data for deriving penetrating insights and Analytics.
Rolta's Vision - 'To continuously Innovate and provide knowledge-based IT solutionsthat deliver remarkable Insights and lasting Impact in the way our world operates' hasbeen deeply ingrained in the DNA of the Company. Guided by this vision we have madesignificant investments to transform our business model to a predominantly IP ledsolutions model and in the recent years realigned all our development energies to thesedigital technologies that is powering the 4th Industrial Revolution.
Rolta's rich heritage of creating and designing digital repositories enriched withGeospatial as well as Engineering data has uniquely positioned the Company to analyseintricate data patterns and thereby extract the deepest insights from the digital data.Rolta invested in the Big Data Analytics technology ahead of the curve and today addressesthe full spectrum of Big Data analytics maturity journey from initial advisory datadiscovery enablement of big data landscape establishing an asset information model (AIM)to secure IoT integration and advanced analytics.
Another trend that is shaping the world is the substantial shift of population movingtowards big and small cities with smaller towns and villages transforming into moderncities. Such demographic changes will have a significant impact on our future and willcontinue to pose a challenge in effectively managing scarce resources. The solution tothis clearly lies in building smarter and more intelligent cities. Rolta has built deepexpertise and a rich portfolio of rapidly deployable Smart City solutions in diverse areassuch as Economic Development
Urban Planning and Land Management Transportation
Utilities and Smart Governance to name a few. This is enabling the Company to makeinroads with multi-million dollar contracts both in India and across the globe.
The modernization and digital transformation of the Indian Defence has been accorded ahigh priority for future procurements. Rolta has been the leading provider of C2ISRsolutions to the Indian Army having addressed all echelons of command and continues toenhance its suite of products by incorporating next generation cutting edge technologies.The Battlefield Management System (BMS) project valued at about Rupees 70000 crores aimsto usher in Digital Transformation of the Indian Army. Rolta is proud to have beenselected as a Development Agency in an exclusive consortium with BEL and continues toachieve major milestones within the stipulated time frames under the active support andguidance of the Indian Army.
Our transformation into an IP led organisation has resulted in the solutions continuingto win industry and analyst accolades as well as gaining global traction. The maturity andexceptional value of Rolta's Products and Solutions are clearly evident from thetremendous traction we have built. Our customer base now has several marquee clients whohave adopted our Digital Solutions including 11 Fortune 500 companies and leading IndianNavratnas. Our customers also include several leaders in their industries. For example 3out of top 10 petrochemical and chemical companies 8 leading Oil & Gas one of thelargest water services company in UK 3 of the Forbes global power companies one of thelargest retail chain stores as well as one of the largest Hi Tech manufacturer. Adoptionof our solutions by these leading originations clearly vindicates our strategy.
We remain committed to driving innovation and making the necessary investments toremain relevant by building new product capabilities in technologies like Big Data andAnalytics Cloud Mobility Artificial Intelligence and Machine Learning which ispowering the Digital Transformation. I believe we are living in exciting times and in thisera of digital transformation we have all the technologies coming together to allow us tobuild a Smarter World.
K. K. Singh
Chairman & Managing Director
August 17 2017