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Thu 17 May 2007 11:38 AM

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Business Objects to increase workforce

French company Business Objects is planning to double its headcount in the Middle East over the next 18 months as it looks to the region to drive growth.

French company Business Objects is planning to double its headcount in the Middle East over the next 18 months as it looks to the region to drive growth.

"We have already doubled the size of the team [in the Middle East] and if we continue to grow the way we are, will roughly double the team over the next 18 months," Maurizio Carli, Business Objects EMEA senior vice president and general manager, told
IT Weekly

.

The firm currently employs 15 people in its Dubai office.

Carli said the firm was counting on its expansion in the Middle East to help it meet ambitious growth targets over the next three years.

"We want over three years to double our [overall] revenue," he said. "[This will be done] half though organic growth, plus expansion in areas such as the Middle East, and half through acquisitions."

The firm does not break down its goals by geographic area, but Carli said that targets for the Middle East would be "more aggressive" than elsewhere.

Carli added that the company would be looking to do more acquisitions in the same vein as that of enterprise performance management software firm Cartesis, which it purchaseed for US$300million last month.

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