Ladies and Gentlemen,
It gives me great pleasure to welcome you to the 22nd Annual General Meeting of your company.
Allied Digital - the name itself is most relevant in today''''s environment where entire country is moving towards Digital. This is being substantiated by our Government of India initiatives by creating Digital India. We are at the forefront of the Safe and smart city movement and to provide ecommerce, e-governance, e-education, e-healthcare solutions to our clients.
This digital revolution was envisioned by us from inception and your company is completely geared to ride this digital wave. As stated earlier, we have done major transformation in business and are now ready to take future challenge on emerging technologies. The success of our Pune Safe City surveillance project is a classic example of our transformation to position us as a market leader in the sphere. Innovation and transformation are the 2 major forces bringing about digital transformation of our clients.
Last year has been challenging and exciting both as by executing this path breaking and iconic Pune City surveillance project - the 1st of its kind in the country has resulted into several awards being given to your company within the country and in APAC region (see details on page 10 & 11)
Government of India has come out with a list of 20 cities to be made Smart cities initially out of the total plan of 100 cities by 2020 and approx. budgetary allocation for it is Rs, 100,000 crores. Total spending on digital revolution in 5 years is expected to reach $ 50 Billion.
With this large outlay planned by the government your company is poised for rapid growth to tap such opportunities however our approach would be cautious and risk averse. During the last 2 years we have built a robust and strong proposal center to respond quickly to opportunities.
Your company has also automated Infrastructure management Services (IMS) offerings by using innovative tools and technology and creating highly matured process for service delivery.
This world class practice is now offered to many international clients in USA, UK and 45 other countries. Our Shared services approach in Cloud environment is helping us to provide cost effective services and position us as major player in IMS.
As in the past our focus also remains on Cyber security offerings where threats are growing manifold and we have created new innovative model to combat such cyber threats.
The IT industry is going mobile/ smart device driven and your company is completely geared up to create innovative applications and develop software for this huge market. Business data and analytics is another area we are seeing a great future.
On HR perspective, your company continues its tradition of empowering people to enable them to take quick decisions. Empowerment, Responsibility and Accountability - ERA- go hand in hand at Allied Digital Services.
We have this year skilled our people and imparted training in emerging technologies and software development to ensure seamless integration with various systems and acted as a true Indian origin Master Systems Integrator.
The year under consideration has been a unique and path breaking year and we are looking at a better future with our new initiatives. The experience has been more heartening with so many awards and accolades coming our way which adds to our belief that the future is very bright.
Your company has been and is committed to be a partner in building a new, vibrant and Digital India.
With warm regards,
Chairman and Managing Director.