Source: AGT International/PRnewswire – Tata Advanced Systems (TAS) and AGT International (AGT) have announced the formation of a new Joint Venture company ‘AVANA Integrated Systems’ to provide Integrated Solutions for the emerging Homeland Security market. AVANA will deliver Homeland Security solutions tailored for the Indian threatenvironment and will leverage cutting-edge technology deployed globally by AGT to protect critical assets. Towards this, the new company proposes to deploy state-of-the-art solutions that include integrated hardwaremanaged by very advanced data fusion techniques, which can collect, collate and analyze very large seemingly innocuous data to generate actionable, predictive intelligence for protection of various types of assets.
Speaking on the occasion, Mr. Ratan N. Tata, Chairman, Tata Sons said: “Homeland Security impacts the lives of every citizen and is an area where the Tata Group would like to make a meaningful contribution. Globally, technology is becoming a critical part of the security solution and will be increasingly relevant for our country.”
Speaking on the occasion, Mr. Mati Kochavi, the founder and CEO of AGT, said: “I am delighted to join with Tata in India – one of the world’s greatest companies, in the world’s greatest democracy. It is a privilege to work with their leadership.”
AGT’s groundbreaking products and services include the fusion of critical information from sensors, radars and cameras with data from other sources, filtered with sophisticated analytical tools to anticipate and detect threats and potential security breaches. The company’s cutting-edge solutions rely on several key platforms, including sophisticated data fusion, pattern recognition and data mining, to sift vast amounts of information and turn it into actionable intelligence. AGT combines these powerful technological tools with real-world operational expertise to create solutions that proactively predict, prevent, interrupt, or stop acts of terror and crime.
TAS is a wholly owned subsidiary of Tata Sons, and is a key vehicle for the Tata Group’s initiative in the fields of Defence, Aerospace, Homeland Security and Disaster Management. The company has a strong understanding of the Indian security landscape, and expertise in managing critical and complex security projects across sectors.
AVANA symbolizes the synergy between the Tata value system and domain knowledge of the Indian Security Market and the cutting edge technology of AGT. AVANA promises to deliver state-of-the-art security solutions along with the Tata assurance of quality to help contribute towards security of our national assets.
The Tata Group is one of India’s largest and most respected business conglomerates. The total revenue of Tata companies, taken together, was $70.8 billion (around Rs325,334 crore) in 2008-09, with 64.7 per cent of this coming from businesses outside India; with an employee base of around 357,000 people worldwide. The Tata name has been respected in India for 140 years for its adherence to strong values and business ethics.
AGT International is a privately-held group of companies that provides high technology security systems and solutions designed to protect critical assets, facilities and infrastructure worldwide. Its global headquarter is in Zurich, with operations in Europe, the Middle East, Asia and South America. It is working on projects worth more than $7 billion to protect critical assets in those markets.
Thanks: AGT International/PRnewswire