HCL Infosystems launches MEA operations
Dubai, October 19, 2010
HCL Infosystems, a leading global technology, system integration and IT enterprise, has launched its Middle East and Africa (MEA) operations.
HCL Infosystems said that it will take advantage of growth prospects in key markets such as the UAE, which has been predicted by market intelligence firm IDC to grow at a compound annual growth rate (CAGR) of 12.8 per cent from $4.1 billion in 2009 to $6.7 billion in 2013.
The entire African continent is another key growth destination for HCL Infosystems as analysts expect the African market to grow at a CAGR of around 12 per cent, rising from $14.1 billion in 2009 to $23.1 billion in 2013, according to IDC.
HCL Infosystems further revealed that it is bringing all of its capabilities to the MEA region, particularly in areas of system integration, networking consultancy and a wide range of software and support services, IT products, solutions and related services that include PCs, servers, imaging, voice & video solutions, networking products, TV and FM broadcasting solutions, communication solutions, ICT education & training solutions, digital lifestyle solutions and peripherals.
“The Middle East and African markets are expected to grow at a much higher pace compared to other developed markets because of the region's massive IT requirements and strong buying power,” said Ajai Chowdhry, chairman, HCL Infosystems.
“The official launch of HCL Infosystems MEA is a key strategic move that further extends our geographical reach, establishing a beachhead for us to fully implement our expansion plans in the Middle East and Africa.”
“We will explore and find fresh opportunities to develop solutions that cater to the distinct needs of our regional clients, particularly those in key verticals such as security, power, education, health, telecom, retail, infrastructure and media and entertainment,” he added.
HCL Infosystems also revealed that it will leverage its innovative technology frameworks as it likewise expands into emerging sectors such as cloud services, homeland security, and education.
The company has put together an international team of technology experts and business professionals to focus on its MEA operations and to work closely with strategic partners such as national governments to help open ICT opportunities in various countries, it said in a statement.
The launch of HCL Infosystems’ MEA operations was held during a ceremony held at the Shangri-La Hotel in Dubai. – TradeArabia News Service