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*** Press Release - April 2008 ***
Is Your Corporation Prepared For
The Coming Economy Downturn?
We are certain that you are aware of the subprime (second mortgage) crisis that affects major banks like UBS, Citibank, HSBC and many others with multi billion dollars write off. Undoubtedly the banking crisis has a huge ramification to the market with bank's credit lending tighten and
scrutinizing OPEX to counter their losses. This chain reaction has brought forth an inevitable financial downturn in America and Europe alike.
Some financial analysts have been counting on a strong China to rescue the economy downturn in Asia. However, China has its own hand full of issues due to shrinking manufacturing and export market caused by weakening spending power in America and the western economy, coupled with RMB appreciation and new labor regulatory have resulted an obvious economic downturn in acceleration. In Dongguan, a southern China manufacturing zone, many factories have been forced to shut down due to diminishing work orders. Some financial analysts have projected a bigger crisis that could be worse than what we experienced in 1997.
Many advanced corporations have started to prepared their company for this seems like unavoidable hard time ahead by means of head count freeze, workforce reduction, tighter credit control and looking inward at internal processes to improve operation efficiency, risk management and reduction in operation cost.
Nowadays, most corporations, if not all, rely on Information Technology to ensure the company functions normally. IT has become the mission critical dependency and if IT fails, the company could come to a complete stand still. Among these corporations, many are capable of aligning their technology application to address their business need by means of adopting standard based methodology and work processes in achieving world class IT management.
Yes indeed, it is the standard based processes that make the difference and not that piece of equipment or software money can buy. This explains why those management that failed to realize the important of world class IT service management, failed to realize their.
ROI in IT investment and worst, it lagged the company behind their competitor and subject the company to adverse risk at the time of economy downturn.
It is well recognize that there is only limited supply of IT talent that is capable of bridging their IT knowledge into business enabling, by the same token, how well a company utilize technology can be judged by whether the IT department has a defined set of IT policies and procedures that conform to industry standard.
In contrast, many head of IT struggle in never ending user and infrastructure support in an reactive fire fighting mode and their sole value in his/her employment is not business enabling but to keep the wheel from falling off the cart.
SSITA is a company founded by a leading IT guru in Asia with more than 25 years of CIO/CTO experience from leading global MNC, with a bird's eye view on IT management from the board member's perspective. The founder has the IT management experiences and the proven track record of success in delivering results with positive impact to ROI, TCO and corporate P & L. His vast experiences are due to his attachments with the world's top MNC's mainly KPMG, COSCO, UPS, etc. in helping these giants to maximize their IT investments.
SSITA's management has devised an advanced program to help corporations to accelerate their IT development by offering an ITSM automation tool and a complete hand holding support to excel IT management with planning and operation skills through the provision of a total 150 critical documents relating to IT management policies and procedures that conform to ISO 20000 and ISO 27001 standards.
A typical ISO 20000 ITSM implementation may range from MYR200,000.00 up to MYR2,500,000.00, in comparison, SSITA's unique hand holding IT management advancement packages, covers not only the full ISO20000 ITSM scope, it also includes ISO 27001 for IT security implementation. SSITA's document templates are easily adoptable and comprehensible by all IT manager concerned. It can save up to two years of implementation time for any organization who would like to align their IT management with world class management technique and quality.
For further information on the huge benefits of this program to your company, contact SSITA for an obligation-free discussion on their 36 months engagement plan that instill advancement and IT value to your organization and in preparation for the upcoming financial downturn that undoubtedly will affect the local and global economy.
SSITA's Contact:
Francis Quek
(Founder / CEO)
Cell: 016- 337 2988
Phone: 03- 9222 5899
Fax: 03- 9222 4889
Email: francis.quek@ssita.com
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