Mahindra Satyam, which announced on Monday that it would spread risks across geographies, will begin to tap the $3.7-billion information technology, communications and telecom market in Qatar.
“We are going to tap the opportunity in the Gulf nation as it meets the demand for technology in the areas of Government, oil and gas, infrastructure, telecommunications and banking, financial and insurance sectors,” Mr Bobby Gupta, Vice-President and Head (Middle East and North Africa) of Mahindra Satyam, said here in a statement.
He said the research firm IDC pegged the ICT market in Qatar at $3.7 billion by 2013. With a view to understand the needs of the local industry and to showcase the company's abilities, Mahindra Satyam is taking part in the three-day ICT event called QITCOM 2011 that began on Tuesday at the Doha expo facility.
While announcing results for 2011-12 on Tuesday, Mr C.P. Gurnani, Chief Executive officer of MSat, said emerging markets and the rest of the world held good promise for growth. “Our strategy (on pricing) will depend on verticals and locations.
“We will highlight key services that will prove to be essential in industry verticals. The services would include business intelligence, financial forecasting, budgeting for Chief Financial Officers, sports technology and healthcare,” Mr Gupta said.
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