Allied Digital Services wins Rs165cr five-year transformational contract; Stock rises

The transformed service model will establish highly optimized IT operations and boost the business of all entities.

Oct 06, 2021 01:10 IST India Infoline News Service

Allied Digital Services
Allied Digital Services has won a transformational, five-year contract valued at Rs165cr from a large Global Manufacturing Conglomerate. The company will manage and transform the IT infrastructure services including Workplace Services, Enterprise Services, Enterprise Applications, Security, Governance Support.

The company will also govern, optimize, transform existing IT service contracts of all business entities as well as support sourcing of new IT services and solutions. The transformed service model will establish highly optimized IT operations and boost the business of all entities.

Nitin Shah, CMD Allied Digital Services Limited, said “Manufacturing is undergoing a paradigm shift and digital transformation is a must to propel business growth. By virtue of our rich and vast experience and industry knowledge, we find ourselves well suited to drive
immense value offerings in this sector”

Given the scale and depth of transformation, this is one of its kind deals in the industry and a path-breaking initiative taken by the Global Manufacturing Major. The comprehensive IT services contract is unique in terms of supporting multiple companies as a shared service, the broadest spectrum of technologies, governing diverse IT contracts and implementing the industry’s top service
management processes in an integrated model. India is today on the threshold of huge growth in the manufacturing sector.

At around 1.57 pm, Allied Digital was trading at Rs83.50 per piece up 0.9% on Sensex.

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