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MANAGEMENT<br />
Information Technology<br />
Effective<br />
applications can<br />
save firms 30%<br />
Logistics and supply chain management companies<br />
can save up <strong>to</strong> 30 per cent of cost by using effective<br />
applications <strong>to</strong> manage their systems<br />
Logistics and supply chain<br />
management companies can save<br />
up <strong>to</strong> 30 per cent of cost by using<br />
effective applications <strong>to</strong> manage their<br />
systems, Paul Hammond, Infor’s General<br />
Manager in the Middle East announced<br />
recently.<br />
The US$2 billion (Dh 7.34bn) company<br />
develops and cus<strong>to</strong>mises software for<br />
various sec<strong>to</strong>rs including supply chain<br />
management and shipbuilding firms. “We<br />
see cus<strong>to</strong>mers make a saving in their supply<br />
chain within a range of 15 <strong>to</strong> 30 per cent in a<br />
short time”, Hammond said.<br />
The privately-owned firm has plans <strong>to</strong><br />
go public within this calendar year. Like<br />
many organisations, a public company is<br />
sure <strong>to</strong> give Infor the extra funding and the<br />
transparency that the market envisages.<br />
Paul Hammond, Infor’s General Manager<br />
in the Middle East <strong>to</strong>ld the media that the<br />
company is expecting a double digit<br />
growth and plans <strong>to</strong> expand its presence<br />
in the Middle East.<br />
With revenues exceeding US $ 2.3bn, the<br />
company has more than 125 offices in 34<br />
countries with more than 70,000 cus<strong>to</strong>mers<br />
worldwide. “Last year our cus<strong>to</strong>mer base<br />
grew by about 2,200. Middle East is still<br />
emerging for us. We have more than 800<br />
cus<strong>to</strong>mers here. We are getting an extra<br />
investment for the region and that will make<br />
us even better positioned <strong>to</strong> expand here,”<br />
added Hammond.<br />
Currently, Infor is heavily focused on<br />
Saudi Arabia and Qatar and it does not see<br />
the current situation as a crisis. For Infor the<br />
economic downturn is still an opportunity.<br />
In Saudi Arabia, there appears <strong>to</strong> be<br />
explosive growth, where companies are<br />
taking s<strong>to</strong>ck of the opportunities Hammond<br />
said. “They are also very conscious in<br />
The privately-owned firm<br />
has plans <strong>to</strong> go public<br />
within this calendar year.<br />
Like many organisations,<br />
a public company is<br />
sure <strong>to</strong> give Infor the<br />
extra funding and the<br />
transparency that the<br />
market envisages.<br />
26 Link May 2010