The Enterprise Resource Planning (ERP) software market in the GCC will hit $300 million by the end of 2009, as rising demand within the regional enterprise and SMB sectors fuels the market, according to Madar Research.

In line with the research report, Dubai-based Raqmiyat, the primary IT company of the Al Ghurair business group, said it is all set to leverage the booming demand in the region, as organisations today are becoming more open to utilising technology-enabled systems.

“In addition to government sectors, we are also focusing our efforts to gain more clients within the GCC’s most important verticals, including the telecom, banking and retail sectors, which are all providing strong demand for project implementation, managed services and outsourcing,” said Navneet Tandon, vice president, Raqmiyat.

Among Raqmiyat’s latest ERP software offering is the new version of Global Enterprise Management System (Gems), a state-of-the-art, open system, fully integrated, industry standard software that effectively manages customers, partners and employee relationships; financials, operations, logistics and eCommerce business activities in one single integrated solution.

It provides unparalleled web-based integration for critical business processes covering point of sale to finance and accounting.-TradeArabia News Services