October 10, 2010
Injazat Data Systems, the leading information technology and business process managed services provider in the UAE, has received the ‘2010 Frost & Sullivan Market Share Leadership of the Year for the UAE Captive Managed Services Market’ award during ceremonies held last October 6, 2010 at the Yas Island Rotana hotel in Abu Dhabi.
The award from global business research and consulting firm Frost & Sullivan is given to organizations that have substantially increased one or more of their Market Share, Revenue Growth Rate, and Market and Technology Innovation outcomes. Based on Frost & Sullivan’s report ‘Enterprise Managed Services Market in South Asia and Middle East,’ Injazat posted a 30.1 per cent market share in the UAE’s captive managed services market for 2010, with 2009 acting as the base year. Injazat was also honoured for its comprehensive portfolio of cost-effective managed services and strategic alliances and partnerships.
Frost & Sullivan expects Injazat to maintain its market leadership via further enhancements to its delivery model, pursuit of cross-sell and up-sell opportunities, and plans to engage in more vertical partnerships.
“This award validates the success of the various service and partnership expansions we engaged in over the past months. The UAE’s captive managed services market is very competitive so we want to commend the Injazat team for working hard to put us on top of the field. Frost & Sullivan points to data security and loss of control over IT infrastructure as two key industry concerns so we will focus on these as we maintain market lead,” said Bala Pandalangat, CEO, Injazat Data Systems.
Aside from ICT, Frost & Sullivan also handed out best practices awards to companies in the Energy and Power Systems and Chemical markets. The firm estimated revenues generated by IT services companies in the captive managed services market at around USD95 million in 2009 and predicts a year-on-year growth of 25 per cent to USD247 million by 2013.
“Injazat Data Systems is a worthy recipient of the award given its market leading position in the UAE captive managed services market - a market characterized by a stiff and diverse competitive landscape. Its end-to-end managed services present a comprehensive, cost-effective value proposition to enterprises in the UAE looking to outsource functions of their IT infrastructure and thereby reduce costs and maintain a greater focus on core competencies,” added, Y.S. Shashidhar, Managing Director, Frost & Sullivan Middle East & North Africa. position, Frost & Sullivan.
Frost & Sullivan monitors over 250,000 companies annually to identify best practices and excellence in various criteria ranging from growth strategy to customer satisfaction. It covers more than 300 industry segments and 1,000 technologies across 80 countries.
Founded in 2005, Injazat Data Systems is a local company with global experience employing 600 people of more than 32 nationalities. It serves more than 20 clients and 10,000 public and private sectors end-users and is the owner and operator of the Middle East’s first design-certified Tier IV data centre.
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