3 weeks ago

Middle East Technology Demand Supports Bahwan CyberTek Growth

Middle East Technology Demand Supports Bahwan CyberTek Growth
Technology spending by governments and businesses across the Middle East remains robust, and continues to be robust growth opportunities for Bahwan CyberTek · thehindubusinessline.com

Bahwan CyberTek is a technology company that helps governments and businesses with computer services.

Its CEO says customers in the Middle East are still spending strongly on technology.

Oman and the United Arab Emirates are especially important markets for the company.

Bahwan CyberTek works in areas such as energy, banking, telecommunications and public services.

The company makes about $250 million each year and has 5,500 employees.

It wants to grow by 10–15% over the next two or three years.

It is also adding artificial intelligence to products that it sells.

One product watches fuel supplies at petrol stations and helps predict when more fuel is needed.

The company is building local teams because geopolitical changes may make local technology support more important.

Key facts

Company
Bahwan CyberTek is a 27-year-old IT services company based in Chennai.
Leadership
Amrinder Singh became managing director and CEO about two months before the interview.
Geographic mix
Approximately one-third of business comes from each of the United States, the Middle East, and India and the Far East.
Annual run rate
About $250 million.
Employees
Approximately 5,500.
Growth target
10–15% over the next two to three years.
Product portfolio
Around a dozen proprietary products, many using Internet of Things capabilities.
FuelTrans
A solution that uses sensors to monitor fuel inventories and predict when supplies need to be moved to petrol stations.

Quotes

Amrinder Singh

Bahwan CyberTek managing director and CEO

“Oman and the UAE are core markets in the Middle East for us. We do a lot of work for them in public sector, energy, and banking and financial sector”
thehindubusinessline.com
“We are seeing still strong, robust demand for our services, both from government and ministries across the Middle East and the private sector”
thehindubusinessline.com

Sources

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