Kellton Tech (BSE&NSE: KELLTONTEC), a global leader in digital transformation and integration services, announced thatit has been awarded a contract to implement the SAP S/4HANA solution for Momentive Quartz Technologies (MQT), a leading chemical manufacturing company.
Kellton Tech will provide a unique set of software, hosting, and integration services through a greenfield implementation of S/4HANA hosted on a hyperscale cloud solution powered by Amazon Web Services. This service offering will be supplied through a SaaS model that will provide a solid, but flexible foundation for MQT to grow their IT ecosystem as dictated by their business.
MQT has an aggressive growth strategy for becoming an intelligent enterprise that is focused on manufacturing innovative products, developing frictionless operating models, and putting customer needs first. Kellton Tech will support MQT in this strategy through this implementation.
Srinivas Potluri, CEO - Kellton Tech USA, said: "Kellton Tech has positioned itself as a leader in S/4HANA cloud solutions. We are very proud that MQT has placed their confidence in our experience, and ability to implement innovative and flexible solutions enabling them to grow their business as needed. We, at Kellton Tech, follow SAP Best Practices to help clients achieve cost optimization and enhanced productivity. As a CPOE certified SAP Gold Partner, Kellton Tech is positioned as a long-term solution provider to enable MQT achieve their long-term business growth and strategic goals."
David Devich, Chief Information Officer - Momemtive Technologies, said: "Being a new spin-off from a large global company, we had many options for a partner to help us make the move to SAP S/4 HANA on AWS. Given the demanding specifications of our products and the exceptional caliber of our diverse global workforce, it was critical that we had the right partner. We conducted a months-long assessment with several top firms and Kellton Tech emerged as the winner. The fact that we would launch an ERP migration project amid a global pandemic speaks volumes about our confidence in them."
Shares of Kellton Tech Solutions Ltd. was last trading in BSE at Rs.49.2 as compared to the previous close of Rs. 46.9. The total number of shares traded during the day was 415714 in over 843 trades.
The stock hit an intraday high of Rs. 49.2 and intraday low of 48. The net turnover during the day was Rs. 20295650.