If there’s ever been a flurry of news items that shows how ridiculous this media frenzy about the emergency has been, it’s this. In addition to the FDI news item we referenced earlier and the Omantel acquisition of Wordcall, we now have another one: NCR and Teradata held a ceremony in Karachi on the 16th of November to announce an expansion of their Pakistan operations. How’s that for confidence?
Here’s more from the source:
Teradata expands its operation in Pakistan
KARACHI (November 16 2007): Teradata Pakistan Pvt Ltd, inaugurated its Karachi office on Thursday, its third in the country. The honours were performed by Javed Jabbar, former federal minister for information. Speaking on the occasion, Javed Jabbar said, “It is indeed heartening to note that Teradata has started operations in such a big way, right after its spin off from NCR.
The investment of the company bears testimony in Teradata’s faith in Pakistan’s sustained economic growth and the investment-friendly policies. We hope that Teradata would continue to expand further and add value to the corporate and banking sectors through value added IT solutions.”
“This is a major milestone for us and follows last month’s successful completion of Teradata’s spin off from NCR,” said Khuram Rahat, Managing Director, Teradata Pakistan. “Throughout the world including Pakistan, Teradata helps organisations to make smarter faster decisions. The demand for Teradata’s enterprise data warehousing and enterprise analytics is strong and growing.” Teradata has hundreds of employees in Pakistan, serving customers in the Europe, Middle East and Africa (EMEA) region as well as a large local customer base.-PR