NEXT 25 SPs: E SQUARE SYSTEMS AND TECHNOLOGIES

Like most other SPs based
out of Odisha, E Square Systems and Technologies (ESST) too
registered a nominal 10% increase in its consolidated revenue. This
concern comes from the fact that last fiscal, many ongoing state
government projects were halted and payments
were overdue to this Financial year. SPs like ESST, for whom one of
the prime vertical is government, thus fell victim to this
phenomenon. Not only did the stalled state projects affected the
topline, its plans to increase geography also took a toll on its
topline. Last fiscal, ESST opted to deploy projects in Chattisgarh
and Jharkhand. Working primarily in the government sector, the
company deployed major projects like modernization of records at the
land records department, vehicle tracking solution at the Ministry of
Mines, and video conferencing solution for the defence sector. Its
second-most priority, education segment helped the company to bag
major deals in student admission management solution.