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ITC: Enduring Value

Sab Saath Baadhein

Media Centre


ITC Infotech expands Global Footprint 13 Feb 2014

OPENS  OFFICE IN DUBAI TO TAP THE GROWING MEA REGION

ITC Infotech, a  leading global IT services and solutions company, and a fully owned subsidiary  of ITC Ltd, has expanded its global footprint in the Middle East & Africa  (MEA) region by setting up an office in Dubai. The sales and marketing office of  ITC Infotech in Dubai will focus exclusively on the MEA market and look at tapping promising sectors like BFSI,  Retail and Oil & Gas, among others.  

Commenting on the development, Mr. B Sumant,  Managing Director, ITC Infotech, said,  “Our objective is to be able to serve customers across the globe in all viable  locations. ITC Infotech is engaged with several large customers in the region  and we are providing mission critical services to leaders in the market. It was  only appropriate that we open an office in the MEA region to consolidate and  expand our presence.”

Said Mr. Vishal Kumar, Senior Vice President & Head of the MEA  region, ITC Infotech, “We  have been closely following this market and feel it is the opportune moment to  set up a base here. This region offers immense opportunities in industries like  Banking, Retail & Distribution, Manufacturing and Oil & Gas amongst  others where we have unparalleled experience and expertise. This geographical  expansion is a natural progression for us at ITC Infotech and we are confident of  tapping the full potential of the MEA region. Our new office will also help us to  work in close partnership with our existing customers in the region.”

In addition to providing traditional IT  services like Testing, ERP implementation & Support, Infrastructure  Services, Loyalty solutions, Application Development, Maintenance &  Support, ITC Infotech will also offer services in the areas of cloud computing,  analytics and mobility. The company is already witnessing strong demand for its  differentiated services & solutions.

With the global economy on the path of  recovery, the overall  business sentiment in the region seems positive. As the banking industry continues to grow, banks and financial  institutions in the region are investing heavily in Information Technology and Analytics, Engineering Services in  the Oil & Gas sector are also looking up again after a brief slump and the  Retail & Airline industries are looking at increasing customer intimacy.

According  to Gartner1, in 2014, overall IT spending is projected to grow at  5.3%, with the services component growing at 3.7%. The region will witness  similar growth rates in 2015 & 2016 also, indicating a steady & growing  demand for IT services.

1: The Gartner report  can be viewed on: http://www.gartner.com/newsroom/id/2358115

About ITC Infotech

ITC Infotech, a fully owned subsidiary of USD 7 billion ITC  Ltd, provides IT services and solutions to leading global customers. The  company has carved a niche for itself by addressing customer challenges through  innovative IT solutions.

ITC Infotech is focused on servicing the BFSI (Banking,  Financial Services & Insurance), CPG&R (Consumer Packaged Goods &  Retail), Life Sciences, Manufacturing & Engineering  Services, THT (Travel, Hospitality and Transportation) and Media &  Entertainment industries.

For more information, please visit http://www.itcinfotech.com

Or write to: contact.us@itcinfotech.com

© ITC Limited