CNS budgets $10m for expansion

DUBAI - UAE-based IT infrastructure systems integrator CNS has allotted an initial budget of Dh36.72 million ($10 million) for an expansion plan over the next two years that would double its 14-per cent market share and include acquisitions.

By Jose Franco

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Published: Tue 29 Jan 2008, 9:08 AM

Last updated: Sun 5 Apr 2015, 12:36 PM

The company is opening its second Gulf Co-operation Council (GCC) office in Riyadh, Saudi Arabia this year and plans to acquire three small companies in the Middle East by 2010, according to Tony Alam, managing director of CNS. He said CNS has begun studying a GCC-wide expansion following a 46-per cent growth year-on-year for the last three years. He added that revenue posted in the UAE for 2007 reached Dh257.1 million ($70 million).

He stressed that the UAE market growth in information and communications technology (ICT) coupled with the increasing number of local and international operators mean that CNS has to expand to be more competitive.

"We will grow our portfolio to cover the overarching ICT stack from consulting, integration and IT management to delivering support and infrastructure," he said, adding that this will increase "customer support capabilities and their alignment with solutions design".

Yesterday also marked the launch of CNS's new identity and logo, whose simple, sleek design and red marking signify the company's innovative products and commitment to the UAE and the whole GCC market.

Billy O'Riordan, sales and marketing director of CNS, said the company's new sales structure allows for "increased market coverage and improved technology focus". He added: "CNS is moving from being a hardware supplier to infrastructure solutions company in an increasingly competitive market environment."

CNS received the 2007 certificate of excellence from its partner Cisco, a multinational supplier of networking equipment and network management for the internet, and a certificate for being the preferred support-partner of the Dubai Police General Department for 2006 and 2007.

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