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Si3 bags multimillion dollar deal with Inov8 at GITEX Dubai
- United Arab Emirates: Monday, October 04 - 2004 at 09:51
- PRESS RELEASE
Si3, (pronounced S. I. Three) Pakistan's premier IT systems integrator, Monday announced it would be providing infrastructure and consulting support to Inov8, an e-commerce solution provider, aimed at deploying the largest state of the art 'point of sale' (POS) terminal network in Pakistan.
The announcement comes amidst a bustling GITEX, a first for Si3 that is looking to expand its business model and services to the region.
"We chose to go with Si3 because of the outstanding capabilities of their people, the professionalism of their engagement and their existing cutting edge IT infrastructure. Inov8 was founded to bring technological innovation to the Pakistani consumer by extending them with on-demand pricing and product information," said Hasnain A. Sheikh, CEO of Inov8. "The POS network we envisage will be able to conduct transactions using multiple means and enjoy wide penetration and pervasiveness that will deliver tremendous opportunities to both businesses and consumers who utilize the network."
The POS network would eventually be rolled to 20,000 nodes and be supported by the Si3 offices in Karachi, Lahore and Islamabad. Si3 has invested millions of dollars in developing state of the art Internet Data Centers (IDCs) with fiber optic connectivity and the latest IT infrastructure to support outsourcing initiatives.
"This deal confirms that our value proposition of outsourcing as the most efficient way to run cutting edge IT at competitive prices is valid," commented Amer Hashmi, CEO of Si3. "Our ability to completely manage outsourced IT infrastructures enables companies to focus on their core business and value added competencies while using IT as a business enabler."
"When we decided to outsource this solution we were looking for a partner that understood the complicated nature of the business, had subject matter expertise in multiple domains and could execute project management professionally. Above all we needed a partner with a staunch focus on integrity and ethics which would reflect our own focus on the same. Only Si3 fit the bill," continued Hasnain A. Sheikh.
Si3 currently services reputable organizations such as: Habib Bank, MobiLink (Pakistan's leading mobile phone service provider), Air Blue, AF Ferguson - (a member firm of PriceWaterhouseCoopers) and Tapal (leading manufacturing company) amongst others.
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Notes and media contacts
About Inov8:Inov8 is a technology company that specializes in the efficient (re)engineering and, consequently, the hosting of various E-Commerce functions and solutions vis-à-vis the latest consulting techniques and E-Business Technology. Some of Inov8's key areas of specialization are in the e-Distribution network, Product Rewards Management (PRM), Enterprise Incentive Management (EIM), Strategic Management Consulting, and Business Process Reengineering fields. Inov8 is the sole company in the United States which is currently going through trademark, patent, and intellectual property protection of its soon to be launched PRM practice.
About Si3:
In the last five years the pace of reforms and strong leadership in Pakistan has led to highest foreign exchange reserves, high indicators of investor confidence and an IT market whose internal spend is close to half a billion dollars and was growing at over thirty percent a year.
In 2003 a group of young, talented and experienced senior professionals who had done very well in their careers in Fortune 500 companies decided that it was time to bring back their skill levels to Pakistan in the shape of an IT company with a tremendous and unique value proposition.
The same year some of the most respected senior professionals in corporate Pakistan leading the largest Audit and Tax company in Pakistan decided to concentrate on a venture that would become a national leader in IT.
From this perfect storm of circumstance System Innovations (Pvt) Limited known as Si3 was launched.
Si3's Value Proposition
Si3 is an IT Services company that has globally cutting edge methodologies, globally comparable cutting edge technical and consulting skill levels, and a unique value proposition. We are able to deliver total end to end IT solutions for our clients. Besides delivering large IT projects, we can also deliver an entire extremely complicated IT framework for enterprise clients. Known in IT terms as a turnkey Systems and Technology Integrator, Si3 is the only company in Pakistan that operates this way. Our consultants will go in and assess the current and future needs of a client. Together with the Subject Matter Experts they will devise an entire IT framework that suggests the nature and orientation of IT applications, networks, hardware and technical skills that align IT objectives with business objectives.
Then Si3 implements a solution based on that framework and on industry best-practices. It is a true vendor agnostic approach that focuses on client's needs and meeting them.
For media enquiries, please contact:
Layth Dajani
P.O. Box 29764, Dubai - United Arab Emirates
Tel: +97143341880
Tel 2: +97143676534
Fax: +97184480574
Mobile: +971507145640
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