Now is the best time for companies to pitch their skills because technology is beingpushed beyond its limits in developing innovative products and services. In order to makeour clients and partners more responsive towards the changing consumer expectations weneed to be able to provide them with digital transformation capabilities and AItechnologies to help them deal with the shifts in business and to become more competitive.In order to be able to develop enhanced products and services we first have to see wherecompanies are headed in the digital space how they are re-orienting their goals how theyare updating their infrastructure and how ready they are to face the future. Along withdeepening access into all aspects of consumers' lives there is an obligation to providesecurity and privacy over multiple channels.
In the future all interactions are tech-driven right from sourcing to delivering theend product to the consumer. Each interaction is an opportunity to create customizedon-demand solutions to increase companies' operational efficiency and agility whiledecreasing risk exposure.
Businesses have to be taught how to survive in the digital ecosystem through constantlearning reinvention and technology. As a technology partner we have to focus onredesigning workplaces developing customized digital infrastructure establishingsuitable talent sources and ensuring efficient knowledge and technology transfer. One bigchallenge that most companies are now facing is the shortage in digital skills. For thismore than looking for talent externally we must focus on developing internal talentthrough continuous learning programs skills exchange open forums for learning digitalcourses and other ways in order to make digital knowledge a core advantage.
2019 is going to be a new beginning for Frontier. For the last one year we havefocused on developing the tools and the ideologies on which the company will make acomeback and I now hope that we have done enough to propel the company towards success.With a two-pronged approach that involves 1. Creation of generic value models and 2. focuson specialized applications we want to build on our core strengths while staying abreastof new changes.
I thank all shareholders and the Board of Directors for staying with us in our endeavorto revive a company which I believe has the potential to get back on its feet given theright impetus.
Mr. Ramarao Atchuta Mullapudi
Chairman and Director