NIIT Tech - Defensive Play

NIIT Tech In Deal With Singapore's DSTA

IT solutions company NIIT Technologies today entered into a multi-million dollar contract with Singapore's Defence Science and Technology Agency (DSTA) to support its eGovernance initiatives.

Under the contract, DSTA will be outsourcing the development and maintenance support of their Government Electronic Business portal (GeBIZ) to NIIT Technologies, Arvind Thakur, CEO of NIIT, said, refusing to divulge further details about the deal size.

The whole process when implemnted would result in significant time and cost savings for the users, he added. "NIIT Technologies will soon start negotiations with various state governments and PSUs for implemenation of the solution and is expecting to sell one solution in the next 12 months," he said.

The company will also productise the application and market the solution to other Governments in South Asia, Middle East and Central Europe, Thakur said, adding that the primary market for this would remain India.

"The marketing tie-up with DSTA marks a new phase in NIIT's decade old presence in Singapore. This tie-up will help us address the fast-growing eGovernance market in India and other countries as well," he said.

GeBIZ, developed by DSTA, was successfully implemented for Singapore government agencies in 2000. The GeBIZ portal (www.Gebiz.Gov.Sg), is a one-stop eBusiness site which facilitates trading between government organisations and its local and overseas suppliers, on an "anytime, anywhere" basis.