MindTree, global IT solutions company announced today that it is stepping up its efforts to leverage the growth on the Middle East IT services market which is expected to hit $3.5 billion by 2011, according to a recent report prepared from the Economist Intelligence Unit (EIU).
The EIU is forecasting that the United Arab Emirates (UAE) IT services market, where MindTree is taking particular interest, will grow annually by 13 per cent to reach almost $1 billion by 2011.
MindTree is gearing up to address the need by further strengthening its alliance management boosting its sales force, initiating and reinforcing strategic partnerships with local companies and focusing of key sectors such as the government and the manufacturing industry.
Anjan Lahiri, president and CEO (IT services) MindTree, said: "After a decline in 2009, the IT services market in the Middle East region is poised for another round of growth in 2010. Companies in the region are becoming increasingly interested in deploying high-end technologies to gain competitive advantage and save costs."
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