The Malaysian Reserve/ Farah Adilla:
Hitachi Sunway Information Systems Sdn Bhd (HSIS) plans to use mergers and acquisitions, coupled with the intensification of its threecore businesses to achieve its target revenue of RM123 million by the third year of its operation in 2015.
HSIS three-core businesses are enterprise applications, engineering solutions, infrastructure and managed services.
Group CEO Cheah Kok Hoong (picture) said the company will be looking at leveraging on Hitachi Systems Ltd’s customer base to increase its footprint in Malaysia and Asia (ex-Japan).
Cheah said the company intends to explore opportunities in Vietnam as well this year.
“We hope to grow organically and inorganically for the first year of the company’s operating. The rapid growth in Asia augurs well for our business,” he told The Malaysian Reserve.
Hitachi Systems holds a 51% stake in HSIS with the rest held by Sunway Technology Sdn Bhd, a unit of the Sunway Group.
The joint venture (JV) offers product lifecycle management and enterprise resources planning packages, virtualisation, cloud solutions, data centre outsourcing and information technology (IT) outsourcing services.
Hitachi Systems said it will take advantage of the JV’s base network to further expand sales of its GNEXT global IT services, and will develop its IT business through partnerships with Sunway Technology, as well as with Hitachi Asia, Hitachi eBworx and other Hitachi Group companies in South-East Asia.
Hitachi Sunway Information Systems Sdn Bhd (HSIS) plans to use mergers and acquisitions, coupled with the intensification of its threecore businesses to achieve its target revenue of RM123 million by the third year of its operation in 2015.
HSIS three-core businesses are enterprise applications, engineering solutions, infrastructure and managed services.
Group CEO Cheah Kok Hoong (picture) said the company will be looking at leveraging on Hitachi Systems Ltd’s customer base to increase its footprint in Malaysia and Asia (ex-Japan).
Cheah said the company intends to explore opportunities in Vietnam as well this year.
“We hope to grow organically and inorganically for the first year of the company’s operating. The rapid growth in Asia augurs well for our business,” he told The Malaysian Reserve.
Hitachi Systems holds a 51% stake in HSIS with the rest held by Sunway Technology Sdn Bhd, a unit of the Sunway Group.
The joint venture (JV) offers product lifecycle management and enterprise resources planning packages, virtualisation, cloud solutions, data centre outsourcing and information technology (IT) outsourcing services.
Hitachi Systems said it will take advantage of the JV’s base network to further expand sales of its GNEXT global IT services, and will develop its IT business through partnerships with Sunway Technology, as well as with Hitachi Asia, Hitachi eBworx and other Hitachi Group companies in South-East Asia.
Source URL:
http://themalaysianreserve.com/main/news/corporate-malaysia/4882-malindo-to-vent...
