Canarys Automations Secures INR 1 Crore Order from Protiviti for Intelligent Portfolio Management
Canarys Automations Limited has secured a significant contract, valued at INR 1,00,00,000/-, from M/s. Protiviti India Member Private Limited. The project involves providing sophisticated solutions for Intelligent Enterprise Portfolio and Project Management, incorporating Data Analytics and Insightful Intelligence.This engagement marks a key milestone in the utilization of Artificial Intelligence and Data Analytics within large organizations.
The contract details show that Canarys Automations Limited was awarded the work by Protiviti India Member Private Limited, which is based in Bengaluru, Karnataka, India. The project duration is set for six months.
A detailed look at the contractual specifics reveals the following:
| Particulars | Details |
|---|---|
| Client Entity | M/s. Protiviti India Member Private Limited |
| Order Status | Domestic |
| Commercial Consideration | INR 1,00,00,000/- (Rupees One Crore Only) |
| Time Period | 6 months |
| Relationship Type | Not a related party transaction |
The scope of the project encompasses several critical deliverables. These include design and development of Intelligent Enterprise Portfolio and Project Management with core SAP EPPM implementation. Other defined deliverables cover Data Gathering and Consolidation, Data Validation and Processing, and Data Analysis and Reporting.
Industry Focus and Company Vision
Commenting on the successful order acquisition, Raghu Pavan, Chief Information Officer (CIO) at Canarys Automations Limited, stated that the company is honored to have secured a strategic AI partnership with the key enterprise client. He added that this engagement lays the foundation for a multi-year growth roadmap concerning their digital transformation initiatives.Mr. Pavan noted that this win aligns perfectly with the company’s AI Roadmap and vision of creating scalable solutions applicable across similar sectors. The success underscores Canarys Automations Limited’s dedication to delivering high-quality services, reaffirming client trust in its ability to provide solutions.
About Canarys Automations Limited
Canarys Automations Limited, formerly known as Canarys Automations Private Limited, is a Bengaluru-based IT solutions provider with over 30 years of experience. The company specializes in facilitating digital transformation through software solutions across Artificial Intelligence, Digitalization, Modernization, Cloudification, and Automation.With a team exceeding 350 technology professionals, Canarys serves diverse sectors including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Water Resources Management. The company is recognized for excellence, having received awards such as "Leader in DevOps Solutions" and "Best DevOps Solution Provider."
CANARYS Stock Price Movement
As of 10:05 AM, shares of Canarys Automations Limited are slipping by 0.77% in live trading, currently registering at ₹19.25. The equity shed ₹0.15 as it continues to drift down during the morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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