MQA shoots for doubling revenues this year to USD 3 million

Colombian IT firm and SAP partner MQA Business Consultants expects sales this year to nearly double 2007 revenues, reaching USD 3million. In 2007, MQA saw revenues of USD 1.7million, which represented over a 40% increase from the USD 1.2 million recorded in 2006.

Sales of consultancy services are expected to generate the largest portion of revenues this year, considering the companys expertise in the area. However, in the long term, the bulk is expected to come from sales of licenses and maintenance services for SAPs All-in-One and Business One ERP suites.

With over seven years of operations, MQA started as SAPs service partner in the Andean region, expanding the business last year by becoming a reseller of All-in-One and Business One licenses. One of the strategies to implement in order to achieve the expected growth is a stronger focus on car dealerships, for which MQA is developing its own software based on SAP platforms.

Publication: Euclid Infotech - IT News
Provider: Euclid Infotech
Date: July 5, 2008