Advertisment

Tally aims for higher tally in global mkt

author-image
CIOL Bureau
Updated On
New Update

Pragati Simlote






NEW DELHI: Business accounting software provider
Tally Solutions

is now eyeing a bigger pie from the global software market.






The company expects its global revenues to rise over the next few years to an
extent that they would come up to 50 per cent of the company's revenues.






President and head of global services business at
Tally Solutions

D Kalyanaraman said, “Currently around 10 per cent of the revenue generated is

from exports. Over 80 per cent of the revenues are from South Asia — probably

closer to 90 per cent. In this financial year, we are targeting revenue of Rs

250 crore out of South Asia. We plan to decrease the South Asia revenue share to

50 per cent over the next two years and we are primarily looking at countries in

West Asia, Asia Pacific and Africa for further increasing our export revenue.”






Tally
Solutions
continues expanding globally with offices in all major cities in

India, London, Singapore and Dubai. Kalyanaraman said, “In countries that we

operate in, we hope to edge out competition. For instance in Dubai, Tally is the

number one accounting package in terms of sales. We also see huge requirement

for our solutions out of Philippines, China, Thailand and North Africa.”






Tally had recently announced the launch of


TallyDeveloper
, a development environment / tool designed specifically for

programmers, to develop and deploy customized Tally applications. The company

also plans to broaden its partner ecosystem outside India in the Middle East,

APAC region, SAARC region and North Africa. It is looking for partners with

domain expertise in verticals such as automotive, healthcare and building

construction.






Kalyanaraman said, “We have development partners in APAC, Africa and Middle East
and at least 20 of them are investing in developing solutions. We are looking at

growing the number of international partners from 1,800 to 3,000. Our partners

also undertake localization of our solutions to need specific country needs to

the extent of making it available in the local language.”






© CyberMedia News











tech-news