ITV

Tag: MEA

  • Bridgestone India’s MD Parag Satpute dons global role

    Bridgestone India’s MD Parag Satpute dons global role

    Mumbai: Tyres and sustainable mobility solutions provider Bridgestone India has announced that its managing director, Parag Satpute, will be assuming a new global role in Bridgestone’s Solutions business and will be stationed in Amsterdam, Netherlands. He is succeeded by Stefano Sanchini, who will assume Satpute’s role at Bridgestone India. These leadership changes will be effective 1 January 2023 onwards.

    Satpute assumed the role of managing director of Bridgestone India in November 2017. It was during his tenure that Bridgestone India reinforced its position in the Indian market and gained a leadership position. In recent years, the company has expanded its operations in terms of capacity as well as expertise, launching a solutions business and tyre-as-a-service for its customers.

    On his move into a global role, Satpute said, “It has been an enriching experience heading Bridgestone India and working alongside a dedicated team that saw Bridgestone India gain leadership in the Indian market. The last few years have been as rewarding as they have been challenging, and I am pleased to see the fruit of our efforts. I am also excited and looking forward to contributing towards Bridgestone’s ambitions as a global leader in mobility solutions.”

    Sanchini moves from his current role as vice president for the region of the Middle East & Africa (MEA). He will take up the position of managing director, Bridgestone India, and will be based out of Pune, India. Sanchini has been with Bridgestone since 2017 as sales director for MEA and was appointed vice president of region for MEA in 2019.

    “I am looking forward to working in India. India is one of the most diverse markets, and it comes with its own challenges, which the current team has remarkably addressed. As we move into new technologies and mobility solutions, the Indian market is going to be a focus area, and I am happy to be here as we spread out these solutions to the vast Indian customer base,” said Sanchini.

     

  • Digital TV, growing telecom major drivers of coaxial cable growth in A-Pac: Study

    Digital TV, growing telecom major drivers of coaxial cable growth in A-Pac: Study

    MUMBAI: The global coaxial cables market is mature owing to the use of coaxial cables in industries for a long time and the slow or stagnant product innovation.

    Coaxial cables are used for supplying television channels and providing Internet access and telephony services to homes and offices. They are also used for connecting equipment in mobile telecommunication stations and antennas.

    Technavio’s latest report on the global coaxial cables market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021.

    Countries like the US, Germany, France, Japan, and China are the biggest existing markets for coaxial cables, with developing countries in APAC and MEA contributing the highest toward market growth. Regions like the US already have a large network of coaxial cables connecting almost all the CATV (community antenna television, commonly known as “cable TV”) subscribers. The driver for these cables in developed regions is the growth of broadband cable Internet users, while the major driver in developing nations (including India) is the adoption of digital television and the rapidly growing telecommunication sector.

    The top three emerging trends driving the global coaxial cables market according to Technavio heavy industry research analysts are: Growing investment in the aerospace sector Expanding infrastructure and construction growth Increase in global defense spending

    Growing investment in the aerospace sector: The aerospace and defense sector is a major user of coaxial and micro-coaxial cables. These are used to provide interconnection between essential electronic components in aircraft. Since aircraft have several radio communication equipment, isolation of the radio signals is critical for the smooth functioning of this equipment, which makes coaxial cables play a major role in electronic communication. These factors are likely to boost the global coaxial cables market in the coming years and drive its demand even higher.

    “Major aircraft manufacturers such as Airbus and Boeing are looking to increase production to meet the delays caused in aircraft deliveries. The commercial aircraft sector is likely to witness robust growth in aircraft demand, especially for smaller and medium-sized aircraft from domestic carriers as industry profits rise,” says Anju Ajay Kumar, a lead analyst at Technavio for research on engineering tools.

    Expanding infrastructure and construction growth: The rising economic activity and rapid urbanization will be driving the growth in new infrastructure and construction. To support the growing demand from various demographics segments, services like telecom and Internet access are necessary. Expansion in these sectors will directly impact the demand for coaxial cables.

    “China, Vietnam, and India will be spending a significant share of their GDP on average in infrastructure development. The fastest growing economy in the region, Vietnam, will need to invest hundreds of billions in infrastructure development to match up with its neighboring countries. The surge in demand for mobile devices equipped with next-generation wireless Internet access is likely to spur the construction and demand of mobile towers, stations, and related equipment, which are large consumers of coaxial cables,” adds Anju.

    Increase in global defense spending: The rising economic activity and rapid urbanization will be driving the growth in new infrastructure and construction. To support the growing demand from various demographics segments, services like telecom and Internet access are necessary.

  • Clocks highest ever booking in last 5 weeks in MEA Announces 6 New Wins and 5 Go-lives

    Clocks highest ever booking in last 5 weeks in MEA Announces 6 New Wins and 5 Go-lives

    MUMBAI: Ramco Systems, an enterprise software product company focused on delivering ERP on Cloud, Tablets and Smart phones today showcased its all new HR & Talent Management solution, Ramco HCM on Cloud (Human Capital Management). Since the global launch of Ramco HCM on Cloud in June this year, Ramco has added some of the largest business conglomerates in the region as its customer. In the last five weeks, Ramco added 6 new customers for its ERP/ HCM on Cloud offering. This includes, Sharaf DG (leading retail chain with 8000+ employees across 13 countries covering UAE, GCC, Middle East & Far East), Engsol (Engineering Solutions company headquartered in Abu Dhabi), DaarYaas Group (retail group with presence spread across UAE, N.Africa and Egypt), Al Shabab Club (leading sports club in UAE), Blue Nile Mashreq Bank (a leading bank in N.Africa) and Nesma (a diversified business conglomerate in Saudi with a portfolio of 40+ companies and 25000+ employees). The six new customers will together add around 30,000+ users for Ramco HCM.

    The company also announced go-live of 5 HCM customers which added 15000+ users in the region on Ramco HCM.

    Ramco set up its operations in the Middle East and North Africa (MENA) in 2006. Since the launch of its cloud based solutions in 2011 in the Middle East, the market uptake for Ramco’s offerings (ERP, HCM and Aviation) has been growing significantly resulting in the number of new customers being added, doubling in 2012-13.

    Commenting on Ramco’s cloud offerings, Mr. Sunil Padmanabh, Research Director, Gartner Inc., said, “There is a sizeable market opportunity worldwide for HCM solutions on the Cloud, notably Talent Management. Many large and mid-sized organisations are looking to experiment with cloud and HR applications are emerging as the first choice. Ramco’s cloud solutions can be easily extended on mobile devices and can run In-memory based Payroll and Analytics. Ramco is also well positioned to take on the competition by embedding country specific localization and statutory needs in the base product. Ramco’s HCM solutions have interchangeable cloud and On-Premise deployment modeled. This has created a competitive advantage for Ramco and helped them take on mega vendors in the HCM marketplace.”

    Addressing the media, Mr. P R Venketrama Raja, Vice Chairman and Managing Director, Ramco Systems, said “Our years of investment in developing a platform that is model-based has helped us offer solutions that are multi-tenanted, SOA-compliant and modular in nature. It is this architecture which has allowed us to easily adapt to new technologies and launch features such as Mobility, Social media integration, location-awareness through Google maps and others ahead of others. Our uber-cool user interface with alerts, notifications, portlets on transaction screens, role-specific WorkSpaces, and accessibility on mobile devices have been a great value-add and differentiator for us. We are happy that Ramco today has gained its rightful place in the global cloud market.”

    Mr. Virender Aggarwal, CEO, Ramco Systems, commented, “After launching Ramco HCM on Cloud we have been witnessing good traction globally. Having serviced multiple customers on home ground, we are now aggressively building our network and product features to compete in global markets. The success of the recently launched HCM on Cloud in the Middle East region is a testimony to the fact that the product brings a good mix of global standards with local requirements.”

    Mr. Ernest Hosking, CEO, RedTag, said “We chose Ramco HCM on Cloud as it offered us a suitable Model; a global solution which also addresses the unique statutory needs of the regions we operate in. We expect the scalability of the solution and the flexibility of a cloud model to ensure that our IT investments remain future-relevant. We have gone-live on Ramco HCM for our Retail business with over 5500+ employees across UAE, Oman, Bahrain, Kuwait, Qatar and Saudi Arabia. The initial user feedback has been positive and encouraging.”

    “Automating HCM Processes, generating reports and accessing real time information today is indeed a difficult task in any organization. Ramco’s HCM Solution with multi-country payroll on the Cloud will help us manage our workforce across locations in a streamlined manner”, added, Mr. Chandra Shekhar Jajware, CIO, Khimji Ramdas.

    Ramco HCM on Cloud is a comprehensive solution that covers every aspect of an employee lifecycle: Workforce Management, Recruitment, Talent Management, Employee Development, Workforce Planning and Payroll & Benefits. Ramco has been offering its on-premise HCM software globally, and has customers with employee size of 100,000+. The company also offers an integrated Payroll on Cloud solution for all GCC countries and most of Africa.