Thursday September 20, 04:43 AM
After US, Singapore centres, SunTec opens Dubai base
|
|
By Corporate Bureau
After the US and Singapore, billing solutions vendor SunTec has veered its focus on West Asian market. SunTec - picked by Deloitte as among top 500 Asia Pacific's fastest growing companies - has opened a new office in Dubai. "Its the first phase of expansion for the current fiscal. The next phase will be to ensure end-to-end value-management for CME (Communications, Media and Entertainment) and BFSI (Banking, Financial Sercies and Insurance) service providers in the region," K Nandakumar, CEO, SunTec said. The company expects to cross $30 million revenue next fiscal. The new office will be the hub for all activities of SunTec in the Middle East (ME) region, the company has announced, in a release, here. This will feed clientele in UAE, Bahrain, Oman, Kuwait, Egypt, Jordan and Syria. SunTec has plans to treble manpower in its Dubai office in the next six months. It was in July that the company had opened its Singapore office. SunTec, according to Nandakumar, targets $200 million revenue by 2010. London-based Lloyds TSB, Netherlands-based ING Bank, HSBC Group and ICICI Bank form the anchor clientele for SunTec's financial solutions product. Its CME product supports the services of the US cable giant Comcast, Cable One, Bakrie Telecom and Batelco.
|
