WPTG securs order for 3,36 million SEK for IT-support for Indian power utility
WPTG-subsidiary Altura, specialised in solutions tailored for energy and utility providers, has been awarded a two-year, 3.36 million SEK contract for full support and maintenance of a business-critical SAP platform underpinning mission-critical operations of a large, North India-based integrated power distribution utility.
“WPTG views Alturas expansion into managing marquee public sector utilities under India’s ambitious Digital India program as a momentous opportunity to establish themselves as specialised partners delivering indispensable system maintenance services catalysing the country’s smart, sustainable infrastructure transformation, says Marco Marangoni Group CEO, WPTG.”
Altura provides comprehensive database and application-managed services for the client’s expansive SAP for Utilities (ISU) production environment implemented across ninety-seven towns and suburban areas, facilitating over six million consumer billing transactions monthly.
Altura prevailed against two well-established global IT consultancies to win this strategic engagement by demonstrating unmatched expertise in managing support for SAP industry solutions for utilities driving billing, mobility, and customer service transformation programs locally – combined with highly compelling value propositioning. Additionally, Altura’s extensive experience successfully handling complex customisations supporting electricity, water and gas clients across critical billing and operational functions cemented confidence in Altura’s capabilities serving as a dependable, long-term managed services partner upholding intricate utility landscapes.
Working in close coordination with onsite teams, Altura is responsible for continuously optimising infrastructure, bolstering reliability standards and assisting the client in achieving key metrics around service quality, meter uptime, helpdesk issue resolution and usage insights delivery – fully enabling the customer’s smart utility vision.
This information is such information that White Pearl Technology Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 9.00 CEST on the 20th of December 2023.
About Altura
Altura, a White Pearl Group company, provides specialised SAP solutions tailored for electricity, water and gas utilities enabling smart metering/billing, mobility, customer service and scalable operational efficiency gains via applied innovation. With over a decade’s experience digitally transforming utility leaders, Altura delivers unique value powering growth. www.altura.in
For further information, please contact:
Marco Marangoni, CEO, White Pearl Technology Group
E-mail: [email protected], Phone: +598 93 370 044
Jenny Öijermark, IR-Manager, White Pearl Technology Group
E-mail: [email protected], Phone: +46 707340804
The Company’s Certified Adviser is Swedish North Point Securities AB.
About White Pearl Technology Group
White Pearl Technology Group, based in Stockholm and listed on Nasdaq First North Growth Market as WPTG, comprises of 28 companies, operating in the information technology space. They are diversified IT companies selling their own solutions and products, as well as services and products of third-party vendors. The group has a presence in thirty countries throughout the world. The current focus of the group’s business is emerging markets and specifically Africa, Asia, the Middle East, and to a lesser extent, Latin America. www.whitepearltech.com