Avanceon gets a multimillion-dollar contract for provision of state-of-the-art solution to its client

News Image

MG News | June 26, 2019 at 01:31 PM GMT+05:00

0:00

June 26, 2019 (MLN): Avanceon Limited has been awarded the contract for the provision of state-of-the-art SCADA and Business Intelligence based Decision Support System (DSS) to meet the growing demands of a Water Network for a leading Infrastructure & Utilities company in the GCC. The mega project is expected to conclude by the end of 2023.

As per a notification issued to PSX on Wednesday, Avanceon will be partnering with world’s leading industrial software solution providing firms.

The company will be integrating all business and operational systems into a single touch point Decision Support System (DSS). The solution will include designing, engineering, supplying and commission of high-end Real Time SCADA system and its integration with multiple support systems such as Customer Management System, Asset Management System, Geographical Information System, Weather System, Building Management System, hydraulic Modelling System, Intelligent Command and Communications Systems and CCTVs. State of the art Cybersecurity solution will also be incorporated in overall network design, the notice stated.

Once finished, the project will increase the handling capabilities of the Water Network. This will also help the customer in reducing operating cost, optimizing asset investment, providing rapid incident and emergency response, improving asset reliability and increasing asset monitoring.

“The aim for this project is to improve efficiency, reduce unit cost for end users and provide uninterrupted delivery of services” it added.

“Avanceon is already into the world of highly sophisticated mega projects like this one. We have the experience, expertise and the right partners to implements the SCADA and DSS system for our customers for country wide applications. This is just a start and will pave way for intelligent and Reliable digitization, Industrial IoT and AR solutions to the asset levels and will increase performance and maintenance capacity of the systems”, Avanceon’s Head of Middle East Sarmad M. Qureshi said during the signing of the contract.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,960.65
392.43M
0.97%
1646.79
ALLSHR 103,659.28
947.75M
0.62%
643.69
KSE30 52,557.52
150.39M
1.36%
703.46
KMI30 245,023.89
112.16M
1.14%
2764.20
KMIALLSHR 67,064.35
524.22M
0.51%
340.18
BKTi 47,590.36
57.61M
1.56%
728.93
OGTi 33,487.27
7.87M
-0.38%
-127.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 85,940.00 85,950.00
85,135.00
1120.00
1.32%
BRENT CRUDE 59.67 59.80
59.58
-0.15
-0.25%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.25
2.54%
ROTTERDAM COAL MONTHLY 97.50 97.50
97.50
0.75
0.78%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 55.85 55.99
55.75
-0.15
-0.27%
SUGAR #11 WORLD 14.47 14.80
14.38
-0.29
-1.96%

Chart of the Day


Latest News
December 19, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


December 18, 2025 at 10:07 PM GMT+05:00

SBP reserves nears $16bn


December 18, 2025 at 05:22 PM GMT+05:00

PKR remains flat against USD


December 18, 2025 at 05:19 PM GMT+05:00

Bank of England cuts rate to 3.75%


December 18, 2025 at 04:33 PM GMT+05:00

World Bank backs Pakistan’s gas sector sustainability drive



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg