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Raqmiyat to address growing demand for IT outsourcing in the GCC region in 2009

United Arab Emirates: Thursday, February 19 - 2009 @ 11:06

According to IDC, IT outsourcing spend in the GCC is projected to grow by 21%, to reach a total of $503m in 2009. In line with this, the company has announced its plans to expand its GCC-based teams as it recognises extensive growth opportunities in the region due to the current economic downturn.

Businesses in the Middle East are increasingly depending on outsourcing to remain competitive, due to the current economic crisis. Many companies have identified outsourcing as a remedy for increasing costs, a tool for flexible management of resources, achievement of customer satisfaction and reduction of cycle times.

The increase in outsourcing is an inevitable development, and as companies want to stay ahead of the competition, one of the most efficient ways to achieve this is to focus on quality internal resources and outsource non-core resources to a capable partner. As a pioneering player in the regional IT outsourcing market, Raqmiyat is currently looking into further strengthening its team and resources, and expanding its present range of key outsourcing services.

“In the midst of the current global recession, regional industries are faced with big challenges such as shortfall of qualified manpower, inflation, cost per unit, and telecommunications expenses. Our commitment during these challenging times is to help organisations reduce costs and maintain, if not improve, their service standards, efficiency and productivity through our IT outsourcing solutions,” said Navneet Tandon, Vice President – ERP & Services, Raqmiyat.

“The success of our IT outsourcing division has been fuelled by this inevitable development, with more companies employing our services to stay ahead of their competition.”

Given the success of its IT Outsourcing Division in the region during the previous year, company officials have also specified plans to invest into a UAE-wide expansion, with aims to leverage the country’s sizeable IT outsourcing spend, which is expected to top $225m this year.

Raqmiyat is also eyeing other GCC countries as key markets for 2009, as they make strong bids to develop their outsourcing industries. The company recently invested close to Dhs10m towards the set-up of its new state-of-the-art ‘Software Development Centre’ at the DLF IT Park – Chennai. The systems integrator will train and deploy up to 100 IT personnel in its new development centre, serving as a major software and technological development and Outsourcing Centre for customers in the Middle East.

“We believe that the success of our IT outsourcing operations, especially among the region’s banking sector has been driven by our extensive knowledge of the regional business landscape – an expertise which we will also leverage as we undertake major expansion leaps. Further to our commitment to provide results-driven services to our clients, we are also making significant investments in the development of our own systems as well as in providing sufficient training to our staff, thereby enabling them to meet the evolving demands of our clients,”

concluded Tandon.

Headquartered in Dubai, Raqmiyat provides world-class business and technology solutions through partnerships with international firms. Its offerings include key outsourcing services, including managed services, hosting and infrastructure services, information systems, software applications, and network and desktop management services to various companies in the region.

Achieving several certifications on the technical front, Raqmiyat has developed a team of experienced professionals who provide professional services and support to its clients, guaranteeing business continuity on a 24/7 basis.

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Thursday, February 19- 2009 @ 11:06 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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