HCL launches operations in Mideast, Africa

DUBAI — HCL Infosystems, $2.6 billion leading global technology, system integration and IT enterprise, on Tuesday launched its Middle East and Africa (MEA) operations.

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Published: Wed 20 Oct 2010, 11:23 PM

Last updated: Mon 6 Apr 2015, 11:43 AM

Outlining its strategy in the MEA region, HCL Infosystems announced in Dubai yesterday that it will take advantage of excellent growth prospects in key growth markets such as the UAE, which has been predicted by 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 USD 14.1 billion in 2009 to USD 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,” Ajai Chowdhry, Chairman, HCL Infosystems, said.

He said 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.”

The company 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.

business@khaleejtimes.com



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