IT: US firm works for atonement
(Shanghai Daily)Updated: 2006-11-15 16:43 Computer Associates (CA), a United States-based software provider, said it will improve its corporate image and increase investment in China after its former chief was involved in financial fraud.
CA's revenue in China, mainly from the telecommunications, banking and government sectors, will reach US$88 million in 2009, spurred by an annual growth rate of "at least 25 percent," said Jim Fisher, CA's marketing vice president for the Asia-Pacific and Japan region.
China is a critical market for the company to achieve "double digit" growth over the long term, given that growth in other regions is slowing, Fisher said during an expo in Shanghai yesterday.
CA will find 18 strategic partners in China within next three years, including Digital China and Deloitte, according to Agnes Wan, a CA marketing director.
"They will have strong financial backgrounds, IT distribution channels or regional influences so they won't overlap," Wan said.
Millions of small and medium-sized enterprises in China are potential
clients, Fisher said.
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