Injazat Data Systems tackles IT outsourcing success drivers at GITEX Technology Week Global Conference 2007

As the leading figure in the UAE IT Outsourcing industry, Ibrahim Mohamed Lari, CEO, Injazat Data Systems shared his insights on the IT Outsourcing success drivers in a panel discussion titled 'Captive or Outsourced - Business Processes on the Cusp'.

GITEX Technology Week Global Conference 2007 is a series of high-end conferences, panel discussions and networking meetings involving some of the most prominent IT personalities and organizations in the world. During the panel session, Lari emphasised on the advantages that organisations gain through IT Outsourcing and the benefits of core competencies by outsourcing all or part of their IT operations.

"The region's fast-track economy has positioned outsourcing as a strategic competitive tool for many organisations. Staying ahead of competition has always been the name of the game, and one of the most efficient ways to achieve this is to focus quality internal resources on the delivery of quality products or services, and to delegate non-core functions to a capable partner,"

said Lari, "Outsourcing non-core functions enables organizations to free up resources for more productive core duties, and also ensures better control of operational costs," added Lari.

Other significant benefits of IT outsourcing that were highlighted during the discussion included enhanced speed to market, better control over security issues, and ensuring a more dynamic and flexible organizational structure that allows organizations to keep their options open for any growth opportunity.

"When choosing an outsourcing partner, proximity and local resources become the key success drivers. I believe that IT Outsourcing is about delivering services while pioneering initiatives that seek to enhance the IT expertise of UAE professionals especially UAE nationals." said Lari.

Injazat Data Systems is considered as the main contributor to the sudden upsurge of the IT services industry in the UAE. In its inaugural year in 2005, Injazat Data Systems struck a deal valued at over AED 400 million with the Abu Dhabi Water and Electricity Authority, a landmark partnership that helped the UAE's IT outsourcing sector to achieve a phenomenal 747 per cent growth.

According to market intelligence firm IDC, the IT outsourcing industry has continued to improve remarkably and is poised for a robust 16 per cent growth in 2007, topping USD 94.54 million or almost AED 350 million, compared to USD 81.27 million or about AED 299 million in 2006. The outsourcing sector's strong performance will be a significant contributor to the steady growth of the overall IT services expenditure in the UAE, which is expected to increase by 9.6 per cent in 2007 to USD 556 million or about AED 2 billion, while it will have a compound annual growth rate of 7.6 percent during the period 2006-2011.

Despite being in operation for only two years, Injazat Data Systems has transformed the industry and became one of the three biggest players in the UAE's IT services market in just 2 years. IDC has reported that Injazat Data Systems achieved a strong year-on-year growth of 68 per cent in 2006 after dominating three market segments:

Information System Outsourcing Foundation Market, Hosted Application Management Foundation Market and Information System Consulting Foundation Market. Injazat Data Systems also came third in the Network and Desktop Outsourcing Foundation Market , and fourth in the Housing Infrastructure Foundation Market.

Established in early 2005, Injazat Data Systems is an Abu Dhabi-based joint venture between Mubadala Development Company, a wholly owned investment vehicle of the government of the emirate of Abu Dhabi; and Electronic Data Systems (EDS), a global IT and business process services giant.