• HSBC

Injazat Data Systems organizes Abu Dhabi's first IT Services Forum

  • United Arab Emirates: Thursday, September 21 - 2006 at 13:31
  • PRESS RELEASE

The Abu Dhabi IT Services Forum, organised by Injazat Data Systems, one of the Middle East's leading Information Technology Outsourcing and Business Process Outsourcing (ITO and BPO) companies, opened today at the Abu Dhabi Hilton, highlighting the growing importance of the UAE IT services market and overviewing the latest IT managed services trends.

Established in the 1st Quarter of 2005, Injazat Data Systems is an Abu Dhabi-based joint venture between Mubadala Development Company and Electronic Data Systems (EDS).

The Forum brought together leaders of the UAE IT services market, CIOs, IT managers, key decision-makers from public and private organisations and executives of major IT services companies to discuss a broad spectrum of topics ranging from IT outsourcing and data centres to storage management, connected networks, applications centralisation and latest technology innovations.

In his opening address, Ibrahim Mohamed Lari, Chief Executive Officer, Injazat Data Systems pointed out:

"The IT services market plays a vital role in supporting the UAE's fast-growing economy. However, the objectives of IT services and businesses need to be synchronised as outsourcing has turned information technology into a business enabler rather than a management overhead."


The UAE's IT services market expanded 34.1 per cent year-on-year to reach a value of US$ 413.73 million in 2005, reveals a recent report on IT services released by International Data Corporation (IDC). The reports also points that the IT outsourcing category stands out, having achieved year-on year growth of 519.5 per cent largely as a result of one large deal - the IT services outsourcing contract between Abu Dhabi Water and Electricity Authority and Injazat Data Systems.

In a presentation on 'Data Centre Trends and Future', Mateen Greenway, Fellow at Electronic Data Systems (EDS) observed, "The data centre of the future will have to support the growing needs of agile enterprises, which is rarely the case today. Agility improvements too will have to be made a measurable part of data centre strategies to ensure that they meet business requirements."

Dr Philip van Heerden, Senior Analyst, IDC said: "The United Arab Emirates' IT services market grew strongly in 2005 driven by the increased adoption of IT outsourcing services. Competition, coupled with a shortage of skilled staff will eventually result in the inevitable consolidation of the region's IT service providers in the coming years."

Lorcan Malone, COO of Injazat Data Systems spoke about how IT outsourcing best practice supports public and private organisations reduce overall costs, increase flexibility and scalability and focus on their core competencies. Speakers from Cisco Systems, EMC Computer Systems, Citrix and Sun Microsystems presented technology-related IT services topics such as Connected Communities, Applications and Resource Centralisation, Next Generation Information Infrastructure and IT standards, and the Open Source Community.

In its first year of operation, Injazat Data Systems has signed contracts worth more than AED 700 million and has grown into a 300-strong team of professionals--of whom more than 40 per cent are UAE Nationals--providing high quality IT-managed services to a growing number of organisations in the private and public sectors.
Ibrahim Mohamed Lari, Chief Executive Officer, Injazat Data Systems. 
Ibrahim Mohamed Lari, Chief Executive Officer, Injazat Data Systems.
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About Injazat Data Systems LLC:
Established in the 1st Quarter of 2005, Injazat Data Systems is an Information Technology and Business Services company that offers a wide range of outsourcing services. It is focused on providing IT outsourcing services to the oil & gas, utilities, financial services, government, transportation, telecom and healthcare sectors. Injazat is a joint venture of Mubadala Development Company and Electronic Data Systems (EDS).

Injazat aims to become the premier information technology and business process outsourcing services provider in the region. Growth is driven through Mubadala's knowledge of the Middle East business environment plus the delivery capabilities of EDS - creating a local company with the experience of a global player.

EDS provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance. EDS' core portfolio comprises Information Technology, applications and business process services, as well as Information Technology transformation services. EDS supports the world's leading companies and governments in 60 countries.

About Mubadala Development Company:
Mubadala Development is a Public Joint Stock company, established and wholly owned by the Government of the Emirate Abu Dhabi. Its mission is to invest in commercially-viable, strategic, industrial and commercial partnerships.

The company manages a diversified portfolio of local, regional, and international investments. International investments include the Dutch fleet management giant LeasePlan Corporation (25% stake), and a stake in nine oil exploration blocks in Libya. Stakes are also held in the Italian luxury car manufacturer Ferrari (5%), Piaggio Aero Industries (35%), and Spyker (17%).

In the United Arab Emirates and wider Gulf region, Mubadala Development has invested in, and developed, a number of leading projects including the first GCC cross-border natural gas project, Dolphin Energy (51% majority stake), Aldar Properties, National Central Cooling Company, Abu Dhabi Ship Building, Imperial College London Diabetes Center in Abu Dhabi, Injazat Data Systems, and the Mukhaizna Oil Field developments in Oman.

Mubadala Development signed a joint development agreement with Dubai Aluminum Company (DUBAL) to develop, construct, own and operate a USD 6-billion world-class green-field aluminium smelter complex with 1.2-million tonne capacity a year at, the Khalifa Port and Industrial Zone in Abu Dhabi.

Mubadala Development is also leading the development of the UAE University's new campus in Al Ain City through a public-private partnership initiative.

Mubadala Development also prides itself on the creation of numerous strategic alliances and associated projects. Current alliance partners include Dubai Aluminium Company (DUBAL), Rolls-Royce, and Shell.

For more information please contact:

Wassim El Mawas
Tel: 971 26992700

Or

Orient Planet, PR & Marketing Communications
P.O. Box 23345, Dubai UAE
Tel: 00 971 4 3988901
Fax: 00 971 4 3988941
Website: www.orientplanet.com

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