Vitage Technologies forays into Middle East for Managed Services

Released on: February 13, 2008, 3:05 am

Press Release Author: Vitage Technologies

Industry: Software

Press Release Summary: Vitage Technologies, a pioneering BSM (Business Service
Management) company, has chalked out an ambitious growth plan to go global. The
company has set up a 100% subsidiary in UAE (Sharjah International Airport Free
Zone) and Ravi Kumar J, a core member of the management team, has been re-located
to Middle East for driving and managing its operations there.





Press Release Body: Bangalore , February 13, 2008: Vitage Technologies, a pioneering
BSM (Business Service Management) company, has chalked out an ambitious growth plan
to go global. In tune with this strategy the company has set up a 100% subsidiary in
UAE (Sharjah International Airport Free Zone) and Ravi Kumar J, a core member of the
management team, has re-located to Middle East for driving and managing its
operations there. Vitage Technologies has already signed partners in UAE and Kingdom
of Saudi Arabia (KSA) and also put in place a dedicated sales team to service that
market.

Commenting on the global expansion, P Rangarajan, CEO, Vitage Technologies, said "We
see huge potential in the Middle East market and have drawn a business plan to
aggressively tap the exponentially growing IT industry. Many lucrative projects are
coming up in the Middle East and Vitage Technologies is confident of penetrating the
market with active support of local partners. With demand for the IT infrastructure
and Managed Services significantly increasing in the Middle East region over the
years, we expect 30% of our revenues from this region next year."

According to Ravi Kumar, Head, Middle East, Vitage Technologies, "The Middle East
region continues to enjoy strong economic growth that has fuelled unprecedented
growth of BFSI & Infrastructure sector. Strong investments in infrastructure
upgrades and the emergence of the region as the data processing hub have added to
the buoyancy. We have forayed into the Middle East market at the right time and it
is a great opportunity for us to invest and benefit from the growth."

"There is a great demand for skilled resources to implement & manage the IT
infrastructure and Vitage Technologies is well poised to fill the vacuum with our
end-to-end offerings in the Infrastructure & Application management Solutions. By
signing up two clients in UAE and one in KSA, we have established a decent
visibility in the region, he said." Further, he added "A recent research by IDC has
valued the IT services market in the UAE alone at $ 507.81 million in 2006 and the
market is expected to grow to $ 964 million by 2011."

About Vitage Group:

Vitage Group is a leading player in the IT Infrastructure industry consisting of two
group companies - Vitage Systems and Vitage Technologies. Vitage Systems is a
leading IT Infrastructure Systems Integration company in India which promoted Vitage
Technologies in April 2006. Vitage Technologies is a focused IT Infrastructure and
Application management company providing solutions to deploy, monitor, manage,
re-engineer, secure, and effectively leverage IT assets of large and medium scale
enterprises. Their approach through Business Service Management (BSM) in building
and managing world-class IT infrastructure ensures that people, process, and
technology are appropriately aligned to its customer's business by providing a
complete suite of Onsite, Remote & Hybrid services. The Infrastructure & Application
Management services are delivered through an integrated set of ITIL framework based
processes and enabling technologies. For further information please visit:
http://www.vitage.com and http://www.vitagetechnologies.com

__________________________________________________________________________________________________________________________________________



Web Site: http://www.vitagetech.com

Contact Details: PRHUB Integrated Marketing Communications Pvt. Ltd
No. 298, Subasri, A T Halli, Shanthi nagar, Bangalore - 560 027
Phone: +91-80-22483007/8,

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •