eSys Technologies records sales of US$ 143 million in Middle East and Africa for 2005

Published February 19th, 2006 - 07:52 GMT
Al Bawaba
Al Bawaba

eSys Technologies, the fastest growing IT component distribution network in the world, has achieved sales to the tune of US$ 143 million for the Middle East and Africa markets for the year 2005, which marks a 46 per cent increase compared to the sales figures of 2004 and 160 per cent increase compared to 2003. The UAE alone achieved sales growth of 50 per cent in 2005.

eSys has forecasted its sales revenue in 2006 to touch US$ 180 million as the company looks to capitalise on the growing PC penetration in the region, owing to the demand for cost-effective products from small and medium businesses, the health and education sectors and the home-user.

Commenting on the company’s performance, Pavan Gupta, General Manager, eSys Technologies, said, “2005 was a very successful year for us, not only in terms of new partnerships and sales revenues, which exceeded our expectations, but also with regard to the recognition received for our products in the industry. Last year, we won the Enterprise 50 Award, one of the most prestigious business awards in Asia.”

“With the PC penetration in the region set to grow steadily in the coming months and the continuing industry trend on mobility, we are looking forward to further consolidate our market position with our range of IT components and PCs. Further, the Middle East markets still being price-sensitive, eSys as an added advantage here with our low cost multimedia computers,” added Gupta.

eSys Technologies has a manufacturing facility at Jebel Ali Free Zone in Dubai. With a capacity to produce 30,000 PCs a month, the facility targets buyers requiring a minimum of 1000 PCs and provides competitively priced, hassle-free PC assembly for manufacturers wishing to outsource their manufacturing requirements. Apart from eSys PCs, the company has its range of white box PCs (Linux-based or Windows-based) that could be branded with the buyer’s brand.

“The GCC region has attracted large investments in areas of infrastructure, industry, tourism and real estate, which in turn has led to a spin-off growth in corporate activities and small and medium businesses. These businesses are increasingly adopting IT solutions to enhance efficiency and profitability in their operations. Moreover, local governments are pushing e-government initiatives and digitisation which in due course of time will make people IT-savvy. All these factors together will boost the demand for competitively priced, high quality PCs and components,” concluded Gupta.

eSys Technologies FZE is the wholly owned subsidiary of the Singapore based eSys Technologies Pte Ltd., which is today one of the leading IT component distributors in the world.

One of the 25 subsidiaries of eSys Technologies in Asia, Europe and the Americas, along with 67 other points of presence across the globe, eSys Technologies employs a knowledgeable sales team and has extensive local stocks. eSys is the largest Hard Disk Drive Distributor in the world, for state of the art products from Seagate, Maxtor and Western Digital. eSys is also the largest Distributor of Hynix Memory Chips in Asia and Europe; and a leading distributor of other IT components, including CPUs, Motherboards, Optical Storage Units, Floppy Disk Drives, Monitors, Casing, Mouse, Networking components and various other peripheral devices. eSys has also pioneered the concept of Low-Cost Linux-based Multimedia PCs. It also markets its own portfolio of IT accessories under the eCube brand.

Structured as a Global Business, eSys has situated its world-wide back-office operations in cost-effective but highly-skilled IT pools, thus improving radically the profit-cost ratios. eSys passes on both these advantages to its customer in the form of highly competitive pricing of the products in its portfolio.


 

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