Karachi, Octopus Digital Limited informed Pakistan Stock Exchange that 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. The project will be executed by Avanceon Group of Companies digital arm Octopus Digital Limited.
Octopus Digital Limited was incorporated on 29th December, 2017 as a private limited company in Pakistan. Octopus is a wholly owned subsidiary of Avanceon Limited. The prime business of the Company is to carry out Information Technology enabled services which includes but are not limited to online data/information storage, online monitoring and review of employees efficiency, online monitoring of cost and production efficiency, online monitoring and maintenance of plant and machinery, sale and trade of related software and equipment etc.