Bangkok--24 Jul--PC & Associates Consulting Stream I.T. Consulting Ltd. pointed out that with stiff competition in financial services industry, companies are required to deliver innovative services to address consumer demands by leveraging advanced technology. Established nine years ago, Stream I.T. is fast becoming one of the leading Systems Integration and IT consultancies in Thailand today, especially for banking and financial services industry. The company plans to expand to other sectors including telecom, retail, manufacturing and government, with a targeted increase of 25% in its overall revenue. Kanokvipa Viriyaprapaikit, president, Stream I.T. Consulting Ltd., said, “Technology investments in Thailand’s banking and financial services industry have followed similar global trends, especially for security, electronic payment and customer relationship management (CRM). With such investments, financial institutions will be able to differentiate, simplify and streamline their services, and deliver personalized services to specific customer groups.” IT industry is set to grow at an average annual rate of 12% until 2010, while Stream I.T. grows by about 20% annually. For this year, the company expects a 25% increase in revenue, or 5% higher than the market’s growth rate. Stream I.T. has two main business groups: Business Solution Management (BSM) and Enterprise Infrastructure Solutions (EIS). The company targets its solutions at banking and financial services industry. Customer base in banking and financial services industry accounts for 65% of the company’s revenue, but this year it will tap other segments as well. Kanokvipa added that with local expertise and extensive experiences, Stream I.T. has provided infrastructure and software management solutions to leading companies in banking and financial services. Supported by local and international partners, Stream I.T. offers a comprehensive range of consulting and system integration services, including ATM (Automated Teller Machine), Storage Area Network, Data Storage, e-Payment Systems, Enterprise Data Storage Systems, e-Document Management Systems, Multi-Channel Sales and Services and more. “Though a local company, Stream I.T. has adopted global standards for its operation. Our corporate culture is based on knowledge sharing and friendly collaboration with customers. That’s why we quickly become trustworthy partner and ‘co-worker’ for our customers.” For its next step, Stream I.T. plans to expand to other sectors including telecom, retail, manufacturing and government so as to increase its revenue and reduce its risks in competitive financial market. The company also aims to expand its presence in telecom and retail segments, where technology investments are relatively high. Government market is growing continuously, but it requires close connection with clients and features a high risk as well.About STREAM I.T. Stream I.T. Consulting Ltd. was established on November 1998 and is fast becoming one of the leading Systems Integration and IT consultancies in Thailand today. Since its foundation, the company has earned a reputation as a reliable provider of strategic business systems to local clients by combining its strong practices, technology expertise, business knowledge, and close collaboration. Stream I.T. has been profitable since the first full year of operations, with 50% growth in earnings (1999-2006). Its equity base grows six-fold in 7 years. For more information please contact: FAQ Co.,Ltd. Ms.Ploenpid Sriburin 089 160 6185 e-Mail: [email protected] Ms.Supawadee Jarungthammachote 089 668 3331 e-Mail: [email protected] Tel: 0 2971 3711 Fax: 0 2521 9030