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Business Objects and IBM Expand in APAC
By
ChannelTimes Staff
Mumbai, Jun 1, 2007
Business Objects has announced a significant expansion of their strategic alliance with IBM to co-develop, sell, and implement joint information on demand solutions to customers in more than 15 countries across Asia Pacific.
As part of the agreement, Business Objects is leading with IBM hardware and software for all new joint sales opportunities, and the two companies intend to provide localized support for new and existing mid-market and enterprise customers throughout the region.
IBM and Business Objects will also increase their sales, marketing, and technical support in an effort to expand their joint customer base. Currently, IBM and Business Objects have more than 1000 joint customers in Asia Pacific.
The two companies aim to capture the growing market share in more than 15 countries throughout Asia Pacific including Australia, New Zealand, China, India, Singapore, Malaysia, Taiwan, Korea, and Japan.
Research firm IDC estimated information-technology spending by small and medium to large-sized businesses in the Asia Pacific region, excluding Japan, will reach USD 66 billion in 2010, from USD 43 billion in 2005.
Together, IBM and Business Objects will focus on capturing this growing market opportunity by bringing innovative solutions targeted at customers in industries such as manufacturing, financial services, government, healthcare, and life sciences.
This expanded relationship is also focused on helping customers embrace information on demand in an effort to unlock and extract value from information, to globalize and integrate their business processes.
The commitment to tighten product integration, and to increase the sharing of knowledge, training, and engineering resources will enable the two companies to increase their focus on delivering an enhanced experience to their joint customers.
"This alliance is a significant step forward in our relationship with IBM, allowing us to deliver innovative solutions throughout Asia Pacific," said Keith Budge, senior vice president and general manager (Asia Pacific Japan) of Business Objects.
Keith added, "This is one of the world's fastest growing regions to do business in, and this alliance will help us work closely with IBM to tap the tremendous opportunity available. Our customers will also see better integration of their solutions and, consequently, increased return on their investments."
"Our strategic alliance with Business Objects allows companies to leverage information on demand across their entire enterprise, giving them that extra competitive edge in this fast growing Asia Pacific market," said Terry Hopkins, vice president (solutions) of IBM Asia Pacific.
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THIS article furthers the debate initiated by Mr J.M. Shaikh and printed on May 12 on the reasons behind the corporate sector?s stunted growth. Any study of a society is incomplete without considering the processes of wealth creation its people adopt. Processes of economic undertakings become identities of nations, societies, people and even individuals.
America is the ?consumption powerhouse? of the world, China the ?manufacturing hub?, India the ?global IT and outsourcing giant?, Nigeria the ?the nation of scams and scandals?, Dubai the ?trading centre point?, Hong Kong and Singapore the ?financial services hubs?. Then there are epithets like ?the Asian Tigers? and ?emerging economies? that paint the character of the economic evolution of these societies.
Dr Ishrat Husain, ex-governor, State Bank of Pakistan, is one of the finest economic brains in the country. In a masterly expos?, ?Pakistan: economy of an elitist state?, Dr Ishrat has revealed the true character of wealth creation processes in our country.
Active ingredients of the grow-rich formula in Pakistan are tax evasion, labour exploitation, opportunism, scams, shortsightedness and silo mentality, speculation, and special favours. Sadly missing in action are fundamentals such as vision, caring and sharing, customer service, consumer care, ethics, equity and a sense of societal contribution.
One category of elites is business tycoons that grow into politics. They are of the Nawaz Sharif ilk. Originally industrialists, they were nurtured by army dictators. They reached their ultimate goals when they gained political power and became prime ministers, federal ministers and ministers of state. The second type of elite consists of politicians who become business barons such as Chaudhry Shujaat and Asif Zardari.
Essentially feudalist in character, they built their business empires on power graft, craft and cronyism. As political robber barons, they gradually achieved forward integration of landholdings with agro-based industries, thanks to easy bank loans and concessions. Their means of earning maximum profits come from hoarding, import permits, price manipulation and government tenders.
Both these corporate types inherently lack the ingredients to become global economic forces. Political corporate outfits lack the strength of business fundamentals, and hence, by definition, are like seasonal lilies, flourishing when founders are in power, floundering when they are not. Because of higher uncertainty, both corporate types have a greater business continuity risk, which makes them unattractive for collaboration in the eyes of true foreign investors and businessmen.
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- Masterkid,
masterkid, Delhi
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