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TASC set to make foray in Abu Dhabi's oil, gas sector

Dubai - The company - leading talent management firm - outsources professionals as contract staff to clients across the country, including free zones and has recorded 30 per cent growth in 2015 and is expected to sustain similar level in 2016.

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Published: Thu 4 Feb 2016, 11:00 PM

Last updated: Fri 5 Feb 2016, 8:37 AM

 Talent Asset Software & Consulting, or TASC, dubai-based contract staffing firm in the UAE is all set to make its foray in Abu Dhabi's oil and gas sector, said Mahesh Shahdadpuri, founder and CEO of TASC Outsourcing.
"Contrary to the perception there is a slowdown infact we are making investment and a foray in one of the key sector of the economy and will eventually move to other emirates. Some of the leading national oil firms are very bullish about oil and are not cutting back on projects as these economic trends are more of cyclical in nature," said Shahdadpuri.
The company - leading talent management firm - outsources professionals as contract staff to clients across the country, including free zones and has recorded 30 per cent growth in 2015 and is expected to sustain similar level in 2016.
With a resource base of 3,500 professionals, from over 47 countries, TASC provides its services to more than 200 leading companies in the region, including Etisalat, Samsung, LG, First Gulf Bank, and Abu Dhabi Islamic Bank.The company commands 15 per cent market share in the UAE and has vast presence in retail, call centre executives, back office and IT and employ 60 nationalities.
"Businesses are looking to outsource their transactional work and reduce the reliance on full time staff as a way to manage fixed costs. We see an opportunity here as companies look to outsource their talent, as that offers both reduction in cost and increased overall productivity," said Shahdadpuri.
"Fuelled by new projects, the construction sector is still hiring. The slowdown in the growth of some Asian markets, in particular China, has made investment in the UAE relatively more attractive. The IT and Telecom areas are still seeing growth across sectors. Businesses are looking to automate functions and are trying to get more out of their IT investments."
- sandhya@khaleejtimes.com 


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