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Tekaniyat to consolidate efforts of ITQAN, Telematics, CompuBase, ASPGulf and WiSPGulf

United Arab Emirates: Wednesday, July 06 - 2005 @ 09:28

The new alliance aims to synergise each other’s strengths to create a business entity that will play a lead role in the field of enterprise IT solutions in the UAE and even beyond.

Tekaniyat is a partnership between IGG and AE managed by a Board of Directors formed by representatives of the partners and specialised management from AE-IT resources. By virtue of its extensive resources pool and wide solutions portfolio, Tekaniyat will focus on major institutional clients requiring total solutions from basic infrastructure setup to highly specialized business applications.

Tekaniyat will be one of the biggest IT operating companies in the region with over 21 years of local experience and over a thousand ‘man-years’ of diversified and available experience. In terms of revenue, Tekaniyat is aiming a market share of 18-20% in the UAE IT sector over the next 2-3 years, and to have a stake of 15% in the GCC IT. For the short term, Tekaniyat will be focusing on the 1.4 billion dirhams UAE market capitalizing on its buoyant economic growth, while looking at specific GCC markets like Qatar, Oman and possibly other regions like Iraq, Libya and Sudan, and evaluating the best partnering model with key players in those markets.

Both the groups in the alliance have built their unique set of expertise and offered significant value-add to clients with their highly customized solutions and, now with the enriched pool of expertise in the technical and marketing sectors, Tekaniyat will have a definite edge over the competition. ‘Tekaniyat will be working in two directions to grow its revenue and business, by introducing the existing offerings portfolio to new clients/markets, as well as enriching current offering to existing clients’ as Fadel Seif Al Kaabi, Vice Chairman, IGG puts it.

The participating group’s present market standing is a positive indicator of the alliance’s future performance. International Golden Group (IGG) is a prominent group specialized in investments and also supplies state of the art equipment to various industry sectors and handles special industrial projects. IGG is a well established company in Abu Dhabi and has a good reputation in the UAE market. It has always entered into long term strategic business alliance with other local and international companies relying on a highly dedicated and experienced personnel along with an equally professional network of agents and affiliates worldwide committed to providing a high level of unsurpassed service to our customer.

Clients will be able to benefit significantly from the alliance’s proven system integration capabilities ‘to perfect architecting and deploying knowledge-based, secure decision-supporting solutions, enabling them to add business value by leveraging their intangible assets’ observes Mansour Alami, Managing Director, AE Group. AE’s own IT group of companies comprises ITQAN, Telematics, CompuBase, ASPGulf and WiSPGulf with a human resources component exceeding 300 IT-related professionals. The group has the experience with the implementation of a series of complex projects in the U.A.E. where the scope includes total automation in oil & gas sector, Department of Planning & Economy, Department of Tourism,, Ministry of Health and the Sheikh Zayed Academy to mention a few, where it was the pioneer in introducing leading technologies in a number of projects. It has also been involved in web hosting for Gasco, providing WiFi solutions for Jumeirah Beach Hotel and has won the title of the Preferred Partner in IT Training from Adnoc. The group has been one of the earliest corporate organizations in the country to establish sound quality management systems as well as to be ISO-9001: 2000 accredited. Its quality initiatives have been further acknowledged with such prestigious recognitions as the Dubai Quality Appreciation Award and Microsoft World Wide Conference Global Customer Award.

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Wednesday, July 6- 2005 @ 9:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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