SISCOM and Bahwan CyberTek Group Join Forces to Address KSA Market Needs
Released on = November 26, 2005, 4:20 am
Press Release Author = Bishr AL-Madani
Industry = Management
Press Release Summary = SISCOM a regional provider of information technology and marketing consulting solutions, and Bahwan CyberTek (BCT) Group, a leading provider of state-of-the-art solutions covering package implementation in the ERP and SCM space, announced joining forces to address the Kingdom's needs for Enterprise Application Integration (EAI) and Enquiry Brokerage System.
Press Release Body = Riyadh: Saturday, October 16 - 2005
SISCOM and Bahwan CyberTek Group recently agreed to cooperatively address the needs eminent in the Saudi Market for banking brokerage, business integration and process management domains.
Being a strategic leader in the aforementioned domains, BCT boasts strongly developed Corporate Banking Cuecent Channel Manager; an enterprise application that sits on top of other EAIs, like Websphere and BEA to offer new connections with multi devices across all touch points. Cuecent Enterprise, a Business Process Management System (BPMS) which task is to revolutionize business integration and process management capabilities of enterprises, as well as, Cuecent Funds and Portfolio Management System (FPMS) an integrated solution for comprehensive investment management.
The presence of SISCOM in Riyadh- Saudi Arabia is of huge strategic importance for BCT new objective of expanding further in the Middle East markets. With offices in Oman and UAE and interested in covering the GCC countries is a feat that cannot be accomplished without first fully addressing the KSA market. This fact in addition to SISCOM's proven track record in KSA makes SISCOM the ideal BCT-partner to meet the needs eminent in the Saudi Market, with a special focus on banking, stock exchanges, and sourcing, three sectors in which BCT and SISCOM have a lot of experience in and can boast several success stories.
The synergies created by the partnership between SISCOM and BCT will be beneficial for the KSA market, with its strongly developed corporate banking infrastructure and its rapidly growing e-commerce and e-business environment, as is evident from the wide growth of IT companies and IT users in it. More and more, securing the trust and the value of customers, be it in a banking environment or in other business environments, is a condition to generate more revenue. Now, companies in KSA will not only have at their disposal the combination of BCT's top notch products and its expertise with customers from diverse industries encompassing banking and financial institutions, governments, manufacturing and trading organizations spanning Oman, the UAE, India and the US, but also first class local support in the regional language, highly skilled SISCOM professionals and customized IT and marketing consulting solutions.
"Since inception we firmly believed that that companies from the fringes of the world economy could become global players, with organizational confidence, a clear strategy, a passion for learning, and the leadership to bring these factors together" Says Mr.S.Durgaprasad Director and CEO of Bahwan CyberTek Group. He adds "After creating a mark for ourselves in the areas of our operations in Oman, US, India and UAE, our quest to serve other markets in Middle east and to leverage the success in these countries has encouraged us to look at other markets like Saudi Arabia, Bahrain etc and we firmly believe in partnership for progress and SISCOM, has been a strong player in Saudi Arabia for over 15 years has all the ingredients suitable for an ideal partner."
"Our long experience in the Saudi market coupled with our true belief in its Technology leadership in the banking, brokerage, business integration and process management industries makes us very proud today to announce jointly with BCT this new partnership which we believe will both be fruitful and conducive to the advancement of many businesses across sectors in the KSA,\" said Mr. Waleed Abalkhail - SISCOM - President.
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