From the Wires
Rolta Wins $31 M Contract from Memphis Light Gas and Water for Oracle ERP Project
By: PR Newswire
Jan. 10, 2013 10:54 AM
ALPHARETTA, Ga., Jan. 10, 2013 /PRNewswire/ -- Rolta International, Inc. announced today that it has been awarded a $31 M+ contract, to be executed over the next two years, to provide consulting, systems integration and software services to the largest three-service municipal utility in the United States, Memphis Light Gas and Water (MLGW).
This award includes the customization, implementation and deployment of Oracle's E-Business Suite R12, Telvent's ArcFM software and PowerPlan's suite of asset-centric accounting solutions. The project includes the full range of Oracle E-Business Suite applications, including Financials, eAM, GIS, Human Resources, Hyperion and Business Intelligence. When the integrated Oracle R12-based solution is fully deployed in 2014, it will be one of the first R12 and Oracle eAM deployments in the United States for a three-service utility.
Rolta, recognized for its expertise in Oracle technologies through eight 'Titan Awards', will leverage its extensive Oracle E-Business and Financials experience, and its domain expertise in the Utilities sector, garnered through numerous projects world-wide. Rolta is leading a consortium including 'Signum Group', 'Teaming Solutions' and 'Stragistics', and will exploit the collective experience of the team to provide a superior solution to MLGW. MLGW will replace its 22 year-old legacy Management Support System with a comprehensive solution comprising a fully integrated Enterprise Resource Planning system that encompasses Financial Management, Work Management, Materials and Asset Management, and numerous re-engineered business processes to meet its current business needs.
According to MLGW President and CEO Jerry Collins Jr., "This system will allow MLGW to better serve our customers and greatly upgrade our information technology."
John Senatore, executive vice president of Rolta's Oracle Consulting Practice added, "The initiative MLGW is undertaking is a significant step toward modernizing operations. The project requires a unique mix of multi-utility know-how and IT expertise, which we are eminently equipped to provide. We are pleased to have been selected to play a key role in providing MLGW and the Memphis community with a state-of-the-art solution, built by our team of consultants with an unrivaled level of quality, excellence, integrity and commitment."
About MLGW: MLGW is the nation's largest three-service municipal utility, serving nearly 430,000 customers. Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas and water service.
About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare. Rolta leverages its unique combination of industry-specific know-how, and deep expertise in cutting-edge technologies like Geo BI, Cloud computing, VDC and Big Data. With a rich repository of intellectual property consisting of software suites for photogrammetry, image processing, geospatial applications, business intelligence and analytics, enterprise integration, and field-proven solution frameworks, Rolta cost-effectively develops sophisticated enterprise-level solutions. Rolta provides a comprehensive set of services from IT Strategy advisory for evaluation of Cloud and VDC strategies, to implementation of optimal infrastructure configurations and business applications. Rolta is a multinational organization headquartered in India. Rolta has executed projects in over 40 countries. Rolta's quality systems for Software Application Development and Maintenance have been successfully assessed at the highest Level 5 of SEI's CMMI® version 1.3. The Company is listed on the Bombay Stock Exchange and National Stock Exchange, and forms part of various indices on BSE/NSE in India. The Company's GDRs are listed on the Main Board of London Stock Exchange.
For additional information: visit www.rolta.com; or contact:
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. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
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