Accel Frontline eyes West Asia

Accel Frontline, the IT services provider, plans to tap the West Asia and south asian markets by developing infrastructure management applications for companies and institutes depending on their product requirements.

The company is also looking at the public sector by offering e-governance and security disaster management services for clients in India.

As part of its efforts to establish a stronghold in West Asia market, the company is scouting for business opportunities in Saudi Arabia, Bahrain and Kuwait among others.

"One of our applications called 'Prodigy' has taken off in a big way in the school management system in West Asia. We have already acquired five clients for the same in a very short time and foresee the market for such value-based applications to grow increasingly," N R Panicker, CMD told Business Standard.

The company entered into a JV with Singapore-based Frontline Technologies corp in 2004.

Frontline Technologies is working closely with the Singapore government on e-governance and security issues which Accel Frontline plans to emulate in its Indian operations in the near future. The company also plans to enter the US markets by acquiring a company in the US with a similar set-up.

Accel Frontline declared a turnover of Rs 170.4 crore in March 2006 as compared to Rs 136.8 crore last year.

This includes Rs 93.5 crore from sales of IT products as also income from services totalling Rs 75.9 crore. The company also declared a profit after tax of Rs 9.7 crore as opposed to Rs 4.2 crore the previous year.