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ABM Knowledgeware - SISL Consortium awarded Rs 40 Crores ERP Contract by (MCGM) for SAP Implementation



Posted On : 2006-09-01 22:58:28( TIMEZONE : IST )

ABM Knowledgeware - SISL Consortium awarded Rs 40 Crores ERP Contract by (MCGM) for SAP Implementation

ABM Knowledgeware Ltd has announced that the Company has made successful entry into the fast growing segment of Marketing and Implementation of ERP packages. This is in line with the diversification and growth strategy adopted by the Company during last year. The Company is working very closely with several potential customers, along with the leading ERP Companies like SAP.

Municipal Corporation of Greater Mumbai (MCGM) has recently chosen the consortium of ABM-Siemens-SAP to partner with MCGM in one of the most ambitious e-governance projects in India. The project is expected to go live in November 2006. This consortium has been entrusted with the work of implementation of SAP, covering almost 70% of the functioning of Municipal Corporation of Greater Mumbai. The scope would cover core functions like Finance, Materials Management, Project Systems, Human Resource, Funds Management, Plant Maintenance and Real Estate. Apart from this, it would also cover a specific Public Sector function i.e. Citizen Portal and Ward Management.

The value of this contract is Rs 40 crores, which includes engagement with MCGM for 5 years, after implementation during the term of the project. The Company has contributed substantially in bagging this order due to its reputation in e-governance (in the space of citizen services) sector in general, and proven track record of carrying out several successful projects in MCGM, in particular. The MCGM had followed a Quality Based Selection (QBS) procedure, similar to the one followed by World Bank. In such selection process, proven track record and capacity of the bidders are also specifically evaluated, along with costs quoted by the bidders.

The Company would be providing subject matter expertise, software licenses and entire post-implementation support to MCGM. SISL would do the initial implementation, as per roles of respective consortium partners. The Company would be generating revenues of approximately Rs 30 crores during the term of this project.

MCGM is stated to be the largest Municipal Corporation in Asia. Successful completion of this project will serve as a very important reference for further growth in this segment. It will also be very significant from the point of view of developing SAP implementation skills within the Company.

Source : Equity Bulls

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