Octopus secures contract from the major FMCG in Pakistan

MG News | January 03, 2022 at 12:00 PM GMT+05:00

0:00

January 3, 2022 (MLN): Avanceon Group of Companies has secured a high value five-year contract to setup and maintain industrial data center infrastructure for one of the largest FMCG corporations in Pakistan, company’s filing on bourse showed today.

As per the details, the project will be executed by Avanceon Group of Companies digital arm Octopus Digital Limited.

The FMCG giant manufactures, stores, packages, and ships snack food products. Avanceon Group has previously worked on several projects with the customer successfully and the acquisition of this project was a result of its track record and expertise in Data Centre Management and Security, the notice said.

The project holds critical value for the customer as Octopus Digital will be responsible for the migration, integration, setup, and security of the Data Center Infrastructure.

The total cost of the project is around USD1 million and the company aims to complete the project within 5 years.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,496.10 196.19M	-2.30% -3714.58
ALLSHR	94,227.01 359.74M	-1.95% -1870.28
KSE30	48,330.20 95.67M	-2.92% -1451.54
KMI30	224,687.33 101.59M	-2.56% -5909.78
KMIALLSHR	60,839.09 199.88M	-2.16% -1344.18
BKTi	45,489.96 23.93M	-2.22% -1033.26
OGTi	32,083.47 15.22M	-1.82% -594.75

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,225.00	71,645.00 68,145.00	-3305.00 -4.62%
BRENT CRUDE	93.63	93.80 83.16	8.22 9.62%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.85 -10.65%
ROTTERDAM COAL MONTHLY	127.00	129.00 123.00	3.55 2.88%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	91.57	91.60 78.24	10.56 13.04%
SUGAR #11 WORLD	14.15	14.17 13.69	0.43 3.13%