Baharain-based AlMoayyed Computers said it is focusing more on collaborative banking solutions to revive the confidence of banks and financial institutions that are on the lookout for robust, cost-effective  IT solutions in the wake of ongoing recession.

Al Moayyed Computers is one of the premier IT service providers to thriving businesses in the Middle East.

The company expects a market turnaround in the near future as governments, banks and financial institutions in the GCC have adopted key steps such as rate cuts, diversification of income sources away from heavy dependence on stock market, and emergency funding to ensure public investment spending and liquidity across all sectors, said an Al Moayyed Computers official.

“We see this financial crisis as an opportunity and Meftec is a perfect platform for us to showcase our seamless banking/financial solutions and collaborative expertise to prospective clientele,” said SM Hussaini, general manager, Al Moayyed Computers, speaking on the company’s participation in Meftec, the world’s premier technology event.

“With global IT giants as partners, we’re confident about ensuring significant return on investments (ROI) and reinstate clients’ confidence,” he added.

Al Moayyed Computers is well-positioned to counter the current industry slowdown with its hands-on experience in executing mission-critical IT Infrastructure projects and its well-defined application, infrastructure and services portfolios catering to a variety of industries/business sectors, he noted.

These include government, financial institutions, educational institutions, real estate companies, trading & hospitality companies and retailers, he added.

“We intend to become the ‘service provider of choice’ for enterprise, SMEs and MNCs including the key corporates in Bahrain as well as across the GCC,” said Hussaini.

“We’re keen to spearhead the IT initiatives where software as an enabler can deliver business benefits and we believe that the current market condition is an opportunity to prove that IT can indeed enhance productivity, lower cost of operations and help to do more with modest investments,” he added.-TradeArabia News Service