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ETA InfoTech sees Dhs55m investment in healthcare, education, BFSI at Gitex 2008

ETA InfoTech, the IT arm of Dubai-based ETA Ascon Star Group, announced investment of Dhs55m in the region's healthcare, education and BFSI (banking, finance, securities, and insurance) sectors in line with the government's vision for the UAE.

  • United Arab Emirates: Wednesday, October 22 - 2008 at 17:00
  • PRESS RELEASE


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Rakesh Ranjan, Vice-President of ETA InfoTech.
Rakesh Ranjan, Vice-President of ETA InfoTech.


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As pioneers in providing IT solutions to the UAE's Healthcare and Education, the company's decision to invest more in these sectors is in response to the growing market requirement for seamless integration of products and services in the region.

Rakesh Ranjan, Vice-President of ETA InfoTech, said,

'The region's emergent Healthcare and Education sectors are looking for innovative technologies to capture and maintain market leadership. By increasing our investments in the region year after year, we aim to bring the latest and most innovative technologies to customers at affordable price.'



Syed Salahuddin, Managing Director, ETA Ascon Star Group said, 'In tandem with the government's focus on healthcare and education , as reinforced in the 2009 budget, ETA InfoTech plans to uphold the regions healthcare and education initiatives by consistently seeking the best in technology and software developments. Within the next few years, we are confident ETA InfoTech will emerge as a leading IT solutions company and extend the necessary support.'

'The company has witnessed a tenfold growth since inception in 2000 and plan to double our workforce to 600 by the year 2010 to meet the growing market demand. The company's market valuation currently stands at Dhs250m and by the year 2010, the company estimates it to grow up to Dhs730m. These initiatives are part of our long-term growth strategy,' Ranjan said.

ETA InfoTech is showcasing its flagship Products & Solutions in the fields of Healthcare, Education and BFSI at Gitex Dubai 2008, the annual Information Technology exhibition being held in Dubai from October 19 to 23.

The company's stand is located at D6- 40 in Hall-6 of Dubai International Convention & Exhibition Centre, where it has displayed its 12 flagship products.

ETA InfoTech provides high-end products and solutions in ERP, Banking, Fleet Management & GPS-based Tracking, Driving School Management, School and College Management, Content Technology & e-Learning, Business Intelligence, Healthcare, CRM and Video Conferencing.

ETA InfoTech has branches across India, the USA, Middle East, South East Asia and Africa and has development centres in India, Bangladesh and Dubai.

On the IT Solutions front, ETA InfoTech has partnered with leading technology providers, namely Oracle, SAP, Microsoft, Sun, HP, Cisco, NetApp, 3Com, Symantec, Trend Micro, Avaya, Talisma, Infowave, Bosco and IMS.

Some of ETA InfoTech's customers in the UAE include the Government of Dubai, Abu Dhabi Municipality, Ministry of Health, Ajman Ports, Weatherford, Wafa Oil and Field, LG, IBM, Mitsubishi, Lornamead, Wade Adams, Ascon, Star Properties, Khalidiya Palace Residence, Al Reem Island, Al Jurf, Damas, Al Haseena, GEMS Group of Schools, BITS Pilani, Manipal University, Al Ghurair University, RAK Rock, RAK Nor, Steven Rock, Cars, Al Ghazal Transport, Emirates bank, First Gulf Bank, Bank of Baroda, Al Noor Hospital, Al Zahra Hospital and Arabia Healthcare.

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Notes and media contacts

ETA Ascon Star Group:

ETA Ascon Star Group is a multinational and diversified group established in 1973 as a joint venture under the UAE's Abdulla Al Ghurair Group. Headquartered in Dubai, ETA Ascon Star Group has built an enviable reputation for quality, excellent service and cost-effective technological capability. The group's network encompasses 140 entities and associate offices in 22 countries and employs more than 73,000 people with consolidated sales in excess of $5.69 bn.

The ETA Ascon Star Group comprises 17 major verticals in the fields of Contracting & Engineering, Trading, Shipping, Manufacturing & Assembly, Facility Management, Automobile, Real Estate, Retail, Services, Travel & Leisure, Information Technology, Health Care, Aviation, Learning & Education, Insurance, Hospitality and Oil & Natural Gas.

For further information kindly contact

Rohini Rego/ Charlene Rodrigues
Weber Shandwick - MENA
Eman Hassan Posted by Eman Hassan
Wednesday, October 22 - 2008 at 17:00 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Saturday, October 25 - 2008


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