Systems Limited (PSX: SYS) has said it is ramping up its acquisition strategy as an opportunity to expand its market reach and capabilities, with management indicating that merger and acquisition-led growth will remain central to its long-term strategy.
During an investor briefing attended by Arif Habib Limited, management said acquisitions will continue without a slowdown.
The company expressed optimism over the acquisition of Confiz Limited, saying the deal is expected to create strong cross-selling and upselling opportunities while giving Systems direct access to markets in North America and Europe.
Management noted that revenue growth in North America had previously been constrained by dependence on associated companies, and said the Confiz merger is intended to remove that limitation.
Geographically, the Middle East and Africa remain the largest revenue contributors at 59 percent, followed by North America at 18 percent, Pakistan at 14 percent, Europe at 5 percent, and APAC at 3 percent.
Despite geopolitical concerns in the Middle East and Africa, the company said there has been no significant slowdown in operations, deal flow, or collections so far.
Management also acknowledged that artificial intelligence may disrupt traditional IT services, particularly lower-value offerings, but said it also opens new growth opportunities in higher-end enterprise solutions and complex transformation projects.
Get the latest tech news, telecom insights, and product launches wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.