MUMBAI, June 19, 2015 /PRNewswire/ --
Rolta was named "IT Solutions Provider of the Year - Oil & Gas" at the 2015 Frost & Sullivan India Information & Communications Technology (ICT) Awards event in New Delhi on 18th June 2015. This award acknowledges Rolta's innovative solutions tailored to the Oil & Gas industry. The eminent jury found Rolta's flagship BI and Big Data Analytics solution, built on Rolta OneView® Enterprise Suite, a key differentiator during their evaluation.
Now, with the recent release of Rolta OneView® 6.0, the value proposition of its solution suite for the Oil & Gas and other asset intensive industries sector has been raised further. It is a unique prebuilt enterprise software suite that is Cloud-ready and addresses the needs of enterprises to rapidly exploit the business value of Big Data and OT-IT integration for predictive and prescriptive analytics. By leveraging Rolta's patented technologies that facilitate real-time integration of data from disparate operations and business systems, Rolta OneView® offers cross-functional visibility of all the critical business functions such as Operations, Assets, Maintenance, Reliability, etc. across multiple sites of an enterprise. Rolta OneView® 6.0 brings over 200 pre-built business value scenarios that can be rapidly deployed and customized powered by 2000+ pre-built KPIs specifically designed for the Oil & Gas industry. The in-built business process driven knowledge model adopts industry standards such as ISA 95, PPDM etc.
Speaking on the occasion, Rajesh Ramachandran, CTO and President, Rolta Global Products and Technology Solutions Group, said "This recognition by Frost & Sullivan reaffirms Rolta's strategy of its innovative IP driven industry-specific solutions. The adoption of Rolta OneView® by several global majors across industry verticals around the world, clearly illustrates the business value in this leading analytics solution."
Congratulating Rolta on the award, Mr. Benoy C S, Director and Head, ICT Practice, Frost & Sullivan, said, "As one of the major IT solution providers in the country, Rolta continues to offer the Indian Oil and Gas industry with innovative, state-of-the-art solutions that help overcome the current day challenges posed by a volatile and complex environment. Its strong partnerships with companies like SAP, Oracle, and Microsoft among others have enabled it to be positioned as an end-to-end solution provider. Rolta is able to provide customers across the world with leading edge business analytics and big data solutions which has propelled Rolta to be recognized as IT solutions Provider Of the year, Oil & Gas sector. With a clear cut strategy for the future, in line with developing technologies and a strong focus on customers' requirements, Rolta will continue to be a strong solutions provider."
The 2015 Frost & Sullivan India ICT award recipients were judged on a variety of parameters that included revenue growth, market share growth, product portfolio diversity, key achievements, go-to-market strategy, value proposition of the offerings, etc. Evaluation involved in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts. An elite panel of jury members comprising prominent CIOs/CTOs from the collaboration industry evaluated the compiled data and incorporated the end-user perspective. Frost & Sullivan then presented the awards to companies that received the highest industry rank in each category.
Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense, Homeland Security, Utilities, Oil & Gas, 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 field-proven intellectual property that spans photogrammetry, image processing, geospatial applications, Business Intelligence, Big Data analytics, Cloud computing, and Software Defined Infrastructure 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. Rolta is listed on the Bombay Stock Exchange and National Stock Exchange 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. For more information, visit - http://www.rolta.com
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Disclaimer:This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
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