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Pentasoft on revamp mode
Chennai, June 20: Pentasoft Technologies is on a restructuring mode with plans for foray into the Middle East market with insurance products suitable to Islamic countries and acquisition in the UK.
Chennai, June 20: Pentasoft Technologies is on a restructuring mode with plans for foray into the Middle East market with insurance products suitable to Islamic countries and acquisition in the UK.
"On the business software division, we are going to give more focus on projects which were going to get us more than 20 per cent bottomline. We are going to focus on projects with bottomline growth than on topline," Pentasoft managing director D Kannan said.
Pentasoft was planning to concentrate on offshore projects and balance its risk by getting business from across the globe instead of targetting the US market, Kannan said.
The company would be tapping markets in Asia Pacific and the Middle East. It would give more prominence to banking software and insurance, he said. Bureau Report