MoneyWorks4Me

ABM Knowledgeware secures orders worth Rs 38 crore

04 Jul 2012 Evaluate

ABM Knowledgeware has bagged orders worth Rs 38 crore from Government in different domain like SAP, utility billing and software for accounting reforms recently. The contracts comprise entry into defense sector for implementation of accrual based double entry accounting software. All these contracts are to be executed in next 2 years.

The defense sector order will be initially implemented at two pilot locations and then rolled out to rest of the 60 locations across the country by providing training/guidance and support to all locations for implementation of Software developed by the company. This contract will have to be completed by February 2014.

Other contracts involve application maintenance and support for the company’s existing SAP based projects and utility billing projects in urban local bodies. The support will have to be provided till April 2014. 

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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