Sage Software records GBP 1.295 million in global revenues for year ended September 2008
Sage Software, the leading global supplier of ERP, CRM, and HRM solutions to medium and large organizations, has announced that it has secured GBP 1.295 million in total global revenues for the year ended 30th September, 2008. With aims to leverage the opportunities within the Middle East’s ever-growing small and medium businesses (SMBs), the company has outlined a specific plan to achieve its 50 per cent target growth for the Middle East in 2009. In line with this, Vikram Suri has been appointed as the Managing Director of Sage Software Middle East, who is taking major strides to promote growth not only in terms of revenues, but also with regard to partnerships and alliances as well as development of new products and technologies.
In line with its aims to become the top ERP, Accounting and CRM partner for regional SMBs, the company’s Middle East arm is focused on providing real solutions to help companies achieve better returns on their investments, including new technologies that can boost their efficiency and competitive advantage. Sage Software ME has grown strongly over the past year, successfully leveraging the existing solutions such as Sage ERP X3, CRM products and Sage AccPac ERP to build its market position. This year, Sage Software ME is planning to expand its current range of offerings to include solutions specifically designed for the manufacturing education and government sectors, and is also looking at exploring the opportunities within Iran and Syria for its non-US products.
”The current economic climate has made it more important for companies, especially those belonging to the SMB sector, to adopt technology-driven solutions that will help them secure respectable investment returns and sustain their operations amidst the challenges ahead,” said Vikram Suri, Managing Director, Sage Software Middle East. “We are now focused on highlighting the depth and strength of our solutions to leverage the strong performance of the SMB market amidst the global crisis. We are also dedicating our resources towards developing new products and services for the education and government sectors, as well as other verticals where there is significant need for ERP, CRM and accounting solutions.”
Sage Software has been primarily associated with accounting software; however, the last twenty years has witnessed the company’s steady efforts to build a name in other areas, thereby resulting in a wide range of solutions to help businesses from front to back office. Taking a practical approach to technology, the company offers a choice of flexible, scalable, integrated solutions to customers who depend on Sage Software to handle either just one aspect of their business software needs or all of them. Today, Sage Software’s products comprise services and products under 13 key classifications, including accounting, payroll, CRM, financial forecasting, payment processing, job costing, HR, business intelligence, taxation and other products for accountants, business stationery, development platforms, eBusiness and ERP. Sage Software expects global revenues of GBP 1.426 million, according to reports published after the 3rd of December, 2008 for the year ending 30th of September, 2009.
”Our offices in Dubai and Saudi Arabia serve as headquarters for our regional operations and comprises of a developed a team of experienced professionals who provides professional services and support to clients, guaranteeing business continuity on a 24/7 basis. We believe that our regional presence has been driven by our highly effective solutions, which we have carefully integrated to incorporate key technologies and also by our expertise in pre-sales and project management, which is highly appreciated by all our customers,” concluded Suri.
About Sage Group:
Founded in 1981 in North East England, Sage Group PLC is a global company with 5.8 million customers, over 14,500 employees and more than 25 years of experience working with small and medium sized businesses. It has built its success on understanding and meeting the needs of customers in their local markets, which has driven its growth as a world-leading provider of business management software and services. While its heritage is in the small business market, it also has the experience and expertise to meet the needs of specific industries and larger organisations. Its products and services are developed and supported locally, thereby ensuring their relevance to the customers and that they are supported by local experts.
- Inmarsat Holdings Limited Reports Third Quarter 2005 Results
- Symantec Closes Fiscal Year 2008 with Record Revenue and Earnings
- ERP software market forecast to reach $270 million in GCC by 2008
- Financial Results for the period ended 30 September 2008
- YANSAB announces preliminary financial results for the period ending 30 September 2008