Holland’s Scala posts 30 percent growth in the Middle East for 2003
Holland’s Scala Business Solutions posted a growth of over 30 percent in 2003 in the Middle East, with Saudi Arabia leading the growth list contributing 40 percent to the overall business performance.
A senior official of Scala Middle East said the company, which specializes in Enterprise Resource Planning (ERP) solutions, notched up a cumulative regional growth of 20 percent in the last three years, while Saudi Arabia alone grew 200 percent, a definite indicator of the Kingdom’s growth potential in the regional ICT sector.
New clients who came on board Scala in 2003 included Arabian Tile Company (ARTIC), part of the Aggad Group, MK Cables and Radisson Riyadh, Yanbu and Jeddah. The company also signed up large business houses like Abul Jadayel Beverages, NESCO Group and Al-Rashid Abetong.
In view of the growing opportunities in Saudi Arabia’s ICT market, estimated to grow to $4.5 billion by the end of 2005 by Madar Research, Scala expanded its presence in the Kingdom last year by opening two new offices in the Kingdom – in Dammam and Jeddah.
Scala ECE Middle East is the regional headquarters for the Middle East and Africa regions. It is a 100 percent subsidiary of Scala Business Solutions, Amsterdam and is present in more than 13 countries of the region. Scala channel partners are present in Jordan, Morocco, Pakistan, Kuwait, Qatar, Egypt, Oman, Saudi Arabia, South Africa and Iran. — (menareport.com)
© 2004 Mena Report (www.menareport.com)