Image Source: The Hans India
In a significant development for Sattrix Information Security Limited, the company has announced securing a new consulting and professional services contract from Tenable Network Security India Private Limited, a notable Original Equipment Manufacturer (OEM). The order involves delivering tailored consulting and professional support services to critical infrastructure enterprise clients. This development showcases Sattrix’s expanding footprint in India's cybersecurity and IT services domain, reinforcing its position as a trusted service provider in delivering critical technology solutions.
Key Highlights of the Order
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The contracting entity is Tenable Network Security India Private Limited, a domestic company recognized for its cybersecurity solutions.
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Sattrix will provide delivery management and professional consultancy services on a Time and Material basis, ensuring flexible engagement aligned with the customized needs of the critical infrastructure enterprise customer.
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The service scope covers consulting and professional support agreed mutually, tailored to project timelines, resource availability, and specific customer requirements.
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The contract execution period will be defined per the customized scope, emphasizing adaptability to critical customer needs.
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The cumulative order value is linked to the time and materials consumed during execution rather than a fixed sum.
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There is no interest or involvement of promoters or promoter groups from either party in this agreement.
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The order is purely domestic and does not constitute a related party transaction.
Details and Implications of the Contract
By associating with Tenable Network Security India Private Limited, Sattrix Information Security is positioning itself to contribute effectively to projects involving critical infrastructure, an area demanding high standards of cybersecurity and operational resilience. The delivery management services on a Time and Material basis imply that Sattrix will offer expert consulting resources available as required, allowing bespoke service delivery in alignment with the end user’s evolving requirements.
This contract is emblematic of the growing recognition of Sattrix’s capabilities in consulting and professional services within India's cybersecurity sector. The flexibility and customization embedded in the engagement terms highlight Sattrix’s client-centric approach to fulfill critical infrastructure projects where precision, reliability, and expertise are paramount.
Strategic Importance and Market Positioning
Critical infrastructure enterprises are increasingly targeted by sophisticated cyber threats, and securing contracts in this segment underlines Sattrix's strategic emphasis on high-value, mission-critical IT security services. Collaborating with Tenable Network Security India, a recognized OEM in the cybersecurity space, further strengthens Sattrix’s market credibility and opens avenues for scaling service delivery to other key sectors.
Sattrix’s transparent disclosure regarding the absence of promoter or related party involvement assures stakeholders of the arm’s length nature of this contract, adhering to regulatory and governance norms that underline corporate integrity.
Conclusion and Outlook
This order from Tenable Network Security India Private Limited is a testament to Sattrix Information Security Limited’s depth of expertise and its growing stature in the Indian IT and cybersecurity services market. By delivering consulting and professional services tailored to the needs of critical infrastructure enterprises, Sattrix is set to enhance its portfolio with services central to safeguarding vital sectors.
As cyber risks escalate in complexity, the demand for adaptive and expert consulting services like those Sattrix offers will continue to rise. Successful execution of this contract is likely to bolster Sattrix’s reputation and foster increased demand for its customized cybersecurity solutions across various industry verticals.
Source: Company disclosure to the Stock Exchanges
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