Report by Engineering Post
ITANZ Technologies Limited has secured a $ 3.5 million contract for an Internet of Things (IoT) and analytics rollout for one of the Middle East’s largest telecommunication operators. The company has been selected as the technology delivery partner for the multi-million project through its international operations. According to the details available, the total value for the engagements was $ 2.6 million during the initial 24 month deployment phase. The project will be executed in four six-month phases, with payments of $650000 scheduled for each phase. Following completion of the deployment programme, ITANZ will be providing subscription and managed support services valued at $ 300000 annually for three years, taking the total contract value to $ 3.5 million. The post-deployment arrangement will include platform access, AI model updates, software maintenance, technical support and managed services backed by a network operations centre.
