CMCS sets up operations in India, targets 10 per cent local market share in first year of operation
Collaboration, Management and Control Solutions (CMCS), a leading UAE-based provider of project portfolio management solutions, has opened a new office in India to tap into the country’s USD 80 million project management sector, which is expected to grow 5 times by 2013. Newly-established CMCS-India will target up to 10 per cent market share in its first year of operation.
CMCS’s strategy for the Indian market will be based on relationship marketing with lead implementers, vertical specialisation in five main industry segments, and a focus on key government establishments where CMCS already has proven international case models. The well-developed project management knowledge base of CMCS International will help enhance India’s homegrown expertise in tool management and software programming.
Bassam Samman, CEO and Founder, CMCS, said: “Our new office in India asserts CMCS’s aggressive international expansion strategy. The openness of Indian companies to foreign collaborations and mergers combined with the size, dynamics and growth potential of the domestic project management market have been the bases for our move to the country”
The international operational fields of CMCS - consulting, training, professional services and project management office outsourcing - will represent the company’s key activities in India alongside talent scouting and international manpower placement. CMCS-India will target the main industry sectors of Manufacturing, AEC, Oil & Gas, and Media, all of which local partners have strong expertise in.
CMCS is planning a series of seminars and product shows between May and September of 2010 in India. The company will continue its successful series of training seminars in Qatar, Bahrain, KSA, Egypt, UAE, Kuwait, Jordan, Oman, Libya, Kenya and India throughout the year to emphasize the importance of state-of-the-art solutions from Oracle Primavera, Hard Dollar, Deltek, EcoSys, ADePT, eTimeMachine, and Synchro.
CMCS is an award-winning project portfolio management solutions provider for project-based businesses. It is also a registered education provider for the Project Management Institute, the Association for the Advancement of Cost Engineering, the Construction Specifications Institute, and the International Institute of Business Analysis.
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