Octopus Digital Limited has secured a high value five-year IAAS (Infrastructure as a Service) contract on BTMI basis (Build, Train to Operate, Maintain & Improve). The Digitalization Subscription will see Octopus Digital Limited provide supply and maintenance services to a major cement manufacturer in Pakistan.
The five-year contract marks Octopus Digital’s entry into the construction sector. Cement, a crucial ingredient of the Construction Sector, is experiencing a dramatic boom in Pakistan. The national local cement consumption is expected to have a CAGR of 7% till the year 2025 taking the local count to 65 million tons per annum. One challenge for cement manufacturers during this period of growth would be to control costs due to rapidly increasing coal prices.
Octopus Digital will play a critical role in helping the cement plant operations become efficient and cost effective through its state-of-the-art decision support system (DSS). Octopus Digital will deploy its DSS with Real Time Dashboards and Cloud Integration and Reporting capability to deliver key insights on complex data to assist every user throughout the organization achieve operational optimization and modernization.
The duration of the service agreement will be from November 2021 till November 2026. Octopus Digital will provide all services in accordance with the Set Standard Industry Protocols. For the execution of this project, Octopus Digital will be partnering with World Class OEMs. All necessary studies will be carried out before the start of the project with failsafe plans to address any safety, quality, and environmental issues.
It is pertinent to mention here that Avanceon Group of Companies digital arm Octopus Digital Limited is also working on a high value five-year contract to setup and maintain Industrial Data Center infrastructure for one of the largest FMCG corporations in Pakistan. The FMCG giant manufactures, stores, packages, and ships snack food products. Also, Octopus Digital will provide all services in accordance with the Set Standard Industry Protocols. For the execution of this project, it will be partnering with World Class OEMs.