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
Tally aims for higher tally in global mkt
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