March 23, 2010 – Thakral Group announced its plan to expand their presence here in Cebu in the press conference held a while ago at Coral Room, Waterfront Hotel, Lahug, Cebu City. This Singapore-based multinational company intends to focus on the Southern market for its four IT subsidiaries, namely – Thakral Infotech, Technopaq, OrionElec and Raffles Solutions and Services.
During the press briefing, Teddy Sumulong, Thakral’s General Manager, talks about the company’s high enthusiasm of the booming Cebu IT market. He shares his vision and go-to-market strategy with the local IT media and industry bloggers. He believes that the Philippine market, in general, have matured to a level of sophistication and understanding wherein the value and importance of information technology is no longer deemed as a peripheral but a critical component in order to operate and remain competitive. Cebu and the other business districts within the region have similar level of maturity and goals to succeed within their respective markets. Sumulong says the Thakral Group recognizes the tremendous opportunities of Cebu and its nearby cities can offer.
For a start, the Thakral Group will be hiring around 5 to 6 people as the pioneering staff in their distributing branch in the city. They will also find strategic partner-resellers to distribute products from IT giants like EMC, IBM, Lenovo, and a lot more.
In Philippines alone, Thakral Group has already have 500 resellers. The company has a 12-year experience as authorized distributor of IBM, Red Hat Linux, Oracle and Acer.
Founded in 1905, Thakral Group is one of Singapore’s largest homegrown conglomerates with operations spanning 35 countries and employing in excess of 10, 000 people worldwide. While Thakral’s roots were in trading and textiles, the group has since forayed into electronics distribution, real estate, hotel establishments, manufacturing, IT and value-added consulting services.