Khaleej Times Online
August 18, 2007
Ingres opens its regional HQ in UAE
By Jose Franco
Ingres Corporation, a global player in business open source solutions based in California, is looking at a 100-per cent growth next year with the opening of its regional headquarters in the UAE that will take care of markets in the Middle East and Africa (MEA).
Peter Toumazi, the company’s sales director for Central and Eastern Europe and MEA, said Ingres, which will participate for the first time at next month’s Gitex Technology Week, would announce the planned opening of its regional headquarters in Dubai during the event.
He said Ingres is fully preparing for its first office in the Middle East, which will be opened in Dubai in January or February 2008. “I would say that we will be able to do that for the next six months,” he said. “And we are confident that this will bring us a 100-per cent business growth.” He added: “Local organisations are increasingly looking for new generation tools such as BI applications and our information management solutions and services is a clear alternative for customers and partners.”
Dubai’s largest international consumer electronics show, Gitex 2007 will bring together global players in information and communication technology on September 8-12 at Dubai’s World Trade Centre. Describing MEA as one of the world’s strongest potential growth areas, Toumazi said: “With the MEA region’s IT market experiencing exponential growth, especially in the services area, we see this as the right time for us to establish our regional presence.”
He said Ingres would unveil its business intelligence, or BI appliances and Ingres 2006, an open source database solution that provides enterprise-level functionality, services and support.
BI products are pre-configured software packages that enable companies to implement business services quickly and communicate within the organisational family more effectively using ready-made analytics. Toumazi said Ingres, which was created in 2005 by CA Inc. and Garnett & Helfrich Capital, has more than 25 corporate clients in the Middle East, especially in Saudi Arabia, the UAE, Kuwait, Egypt and Lebanon. He added that the company also has the same number of clients in Africa, the bulk of which are in South Africa. Ingres is in the process of formalising its tie-up with Dubai-based Emirates Computers, which distributes its products and services in the UAE. It will share its local partner’s pavilion during the Gitex show.