adminits turnover to a staggering US$25 million by the end of the year as the firm extends its tentacles in Africa.
The company’s chief operating officer, Mr Alex Marufu, said this at a recent function hosted by the company for its clients in Harare.
“TTCS is focusing on turning over US$25 million by the end of the year. We believe the African market and the Zimbabwean market in particular is now ripe for the SAP,” he said.
SAP is the acronym for Systems Applications Products. This is a system that provides users with a soft real time business application, which contains a user interface and is considered extremely flexible
In addition to its locally-based operations the company has set up an office in Malawi, and also runs a joint venture firm in Nigeria as part of its strategy to extend its reach on the continent.
The company employs 150 locals, some of whom are engaged in SAP systems implementation and consultancy work outside the country.
“One of our critical strengths is our large skills base. Typically, most SAP consultants employ between 10 to 30 individuals.
“Our workforce also consists of both English and Portuguese-speaking consultants, which broadens our scope,” said Mr Marufu.
The company has carried out SAP implementation work for an extensive range of companies, organisations and governments locally and abroad.
Some of these include the Zimbabwe Revenue Authority, TelOne, Air Zimbabwe, Tetrad, Standard Bank, the Niger Delta Development Corporation, the Malawi Revenue Authority, National Railways of Zimbabwe Pension Fund, Dairibord, Savanna Tobacco, Mbada Diamonds and Sakunda Petroleum.
Other clients include the governments of Zambia, Mauritius, Gambia, Botswana and ongoing work with the Bahrain government.
Also speaking at the event SAP Africa managing director Mr Pfungwa Serima said the African continent presented a huge opportunity adding there was need for companies doing business in the region to add value to the products and services they offered.
SAP was originally introduced in the 1980s and has dominated the large business applications market because of its extreme flexibility.
SAP is a modular system, which means that the various functions provided by it could be purchased piecemeal.
A company could simply purchase modules that they wanted and customise the processes to match the company’s business model.
There are three main enterprise resource planning (ERP) systems used in today’s larger businesses: SAP, Oracle and PeopleSoft.
These ERPs are specifically designed to help with the accounting function and the control over various other aspects of the business such as sales, delivery, production, human resources, and inventory management.
Online Reporter