Sage Software records GBP1.295m in global revenues for year ended September 2008

With aims to leverage the opportunities within the Middle East's ever-growing small and medium businesses (SMBs), the company has outlined a specific plan to achieve its 50% target growth for the Middle East in 2009.

In line with this, Vikram Suri has been appointed as the Managing Director of Sage Software Middle East, who is taking major strides to promote growth not only in terms of revenues, but also with regard to partnerships and alliances as well as development of new products and technologies.

In line with its aims to become the top ERP, Accounting and CRM partner for regional SMBs, the company's Middle East arm is focused on providing real solutions to help companies achieve better returns on their investments, including new technologies that can boost their efficiency and competitive advantage.

Sage Software ME has grown strongly over the past year, successfully leveraging the existing solutions such as Sage ERP X3, CRM products and Sage AccPac ERP to build its market position. This year, Sage Software ME is planning to expand its current range of offerings to include solutions specifically designed for the manufacturing education and government sectors, and is also looking at exploring the opportunities within Iran and Syria for its non-US products.

"The current economic climate has made it more important for companies, especially those belonging to the SMB sector, to adopt technology-driven solutions that will help them secure respectable investment returns and sustain their operations amidst the challenges ahead," said Vikram Suri, Managing Director, Sage Software Middle East.

"We are now focused on highlighting the depth and strength of our solutions to leverage the strong performance of the SMB market amidst the global crisis. We are also dedicating our resources towards developing new products and services for the education and government sectors, as well as other verticals where there is significant need for ERP, CRM and accounting solutions," added Suri.

Sage Software has been primarily associated with accounting software; however, the last twenty years has witnessed the company's steady efforts to build a name in other areas, thereby resulting in a wide range of solutions to help businesses from front to back office.

Taking a practical approach to technology, the company offers a choice of flexible, scalable, integrated solutions to customers who depend on Sage Software to handle either just one aspect of their business software needs or all of them. Today, Sage Software's products comprise services and products under 13 key classifications, including accounting, payroll, CRM, financial forecasting, payment processing, job costing, HR, business intelligence, taxation and other products for accountants, business stationery, development platforms, eBusiness and ERP.

Sage Software expects global revenues of GBP1.426m, according to reports published after the 3rd of December, 2008 for the year ending 30th of September, 2009.

"Our offices in Dubai and Saudi Arabia serve as headquarters for our regional operations and comprises of a developed a team of experienced professionals who provides professional services and support to clients, guaranteeing business continuity on a 24/7 basis. We believe that our regional presence has been driven by our highly effective solutions, which we have carefully integrated to incorporate key technologies and also by our expertise in pre-sales and project management, which is highly appreciated by all our customers," concluded Suri.