Silver Touch Technologies has received a purchase order from ITI, a Government of India Public Sector Undertaking under the Department of Telecommunications, Ministry of Communications, for the supply of 80 high-performance enterprise servers along with a 3-year warranty, for deployment in a defence project where the end customer is the Indian Army.
The order is valued at Rs 35.63 crore, inclusive of GST. In addition, the order envisages an Annual Maintenance Contract (AMC) for 8 years following the warranty period, valued at Rs 14.04 crore inclusive of GST, to be placed at a later date upon successful completion of the warranty period, if required. The aggregate potential value over the 11-year lifecycle is around Rs 49.67 crore. The order has been secured through a competitive two-bid tender process followed by reverse auction.
Silver Touch Technologies is a leading and globally accepted IT Solution Provider and currently at the forefront of Digital Transformation & Emerging Technologies to serve the customers across the world.