STL Digital Limited, an IT Services and Consulting Company [a wholly-owned subsidiary of STL (NSE:STLTECH)], today announced that it received the SAP® APJ Award for Partner Excellence 2024 for Top New Cloud Partnership. Awards were presented to the top-performing partners in the Asian Pacific Japan region who made outstanding contributions to driving digital transformation for businesses using SAP solutions, helping their customers adopt innovation, gain results rapidly, grow sustainably, and run more simply.
In the brief span of 18 months, STL Digital has acquired 20 marquee logos globally, established entities in the US, UK & India, and has a total headcount of 1000+ employees.
STL Digital's SAP strategy focuses on two key principles - helping customers transition to the cloud with SAP's RISE/GROW approach and driving innovation through shared services and best-in-class centers of excellence. STL Digital is supporting several clients at different stages, including migration to S/4HANA / RISE on public cloud to global rollouts, making their transformation journey smoother.
Congratulating STL Digital, Utkarsh Maheshwari, Chief Partner Officer, SAP Asia Pacific Japan, said: "With the explosion of new technologies such as Gen-AI, cloud transformation is an essential way for organisations to seize the opportunity and accelerate business success. At this year's SAP Partner Excellence Award, we are celebrating not only the achievements of our partners in traditional areas of sales and performance but also how they have contributed to the phenomenal growth of our cloud business across solutions, bringing their unique IP to drive innovation for our customers."
Excited about receiving this award, Raman Venkataraman, CEO, STL Digital, said, "This recognition underscores our rapid growth and dedication to innovation. Bringing forth our mantra of Engineering for Experience in all our project implementations, we have served nearly 20 global customers in the last 18 months of our operations. Our focus on Cloud, transformation services, customer experience, and cybersecurity drives our strategy. We assist clients in their transformation journey with a cloud-first approach aligned with SAP's RISE/GROW strategy. This award is a testament to our team's hard work and commitment."
Shares of Sterlite Technologies Limited was last trading in BSE at Rs. 135.75 as compared to the previous close of Rs. 138.00. The total number of shares traded during the day was 100789 in over 1910 trades.
The stock hit an intraday high of Rs. 139.00 and intraday low of 135.20. The net turnover during the day was Rs. 13744988.00.