KCC EXPANDS MARKET SHARE, BY INTRODUCING INTEGRATED INTERNET SOLUTIONS

KCC EXPANDS MARKET SHARE, BY INTRODUCING INTEGRATED INTERNET SOLUTIONS KUWAIT, FEB 9 (KUNA) -- THE KUWAIT COMPUTER COMPANY (KCC) UNVEILED FRIDAY EXPANSION OF LOCAL AND TERRITORIAL ACTIVITIES THROUGH PRESENTATION OF INTEGRATED SOLUTIONS TO BOTH PRIVATE AND GOVERNMENT SECTORS FOR SUCCESSFUL E-BUSINESS, E-GOVERNMENT AND ALL TRANSACTIONS VIA INTERNET.
THIS CAME IN A PRESS CONFERENCE CONDUCTED HERE TODAY BY KCC DIRECTOR GENERAL IBRAHIM ALKHUZAM TO ANNOUNCE HIS COMPANY'S SPONSORSHIP OF THE E-BUSINESS KUWAIT.COM CONFERENCE SCHEDULED FEB. 17-18 .
HE SAID THIS EXPANSION WILL REFLECT POSITIVELY ON THE KCC FINANCIAL RESULTS FOR THE YEAR 2001 WHICH IS KCC'S MAIN SPRINGBOARD.
HE SAID AFTER BEING RESTRUCTURED IN 1998 AND AFTER ADOPTING STRATEGIC POLICIES THE KCC BECAME STRATEGIC ALLY OF SPECIALISED WORLD COMPANIES, CONCERNING VARIOUS INTERNET USAGES.
ON LOCAL MARKET, HE SAID WITH ITS CURRENT STRUCTURE IT IS FACING SERIOUS RISKS FOREMOST GLOBAL COMPETITION, ESPECIALLY IN THE FINANCIAL SECTOR, THAT IS ESCALATING DAY AFTER DAY, IN ADDITION TO THE REGIONAL CONCERN ABOUT INFORMATION TECHNOLOGY (IT) THAT IMPOSES NEW CHALLENGES ON KUWAIT.
SINGLING OUT LOCAL CONCERNS HE SAID "THERE IS AN INCREASING INTEREST OF PEOPLE IN KUWAIT TO THE IMPORTANCE OF ENTERING POWERFULLY INTO THE INFORMATION ERA WITH ITS DIFFERENT APPLICATIONS, OVERALL IS THE INTERNET, E-BUSINESS, E-GOVERNMENT AND ALL ON-LINE BUSINESS TRADING".
HE DECLARED THAT E-COMMERCE AIMED AT EXTENDING THE MARKET RANGE, SO THAT ANY ECONOMIC PROJECT-NO MATTER HOW SMALL- WILL BE WIDELY SPREAD VIA THE INTERNET. EVEN THE NEW DIGITAL ECONOMY WILL BE GENERATING NEW SERVICES.
MARKETING MANAGER, MOHAMMAD ALQAISI, SAID AT THE NEWS CONFERENCE, AS STRATEGIC ALLY OF BIG WORLD COMPANIES, KCC OFFERS BANKING SERVICES VIA THE INTERNET AND OTHER FULFILLMENT BANKING SERVICES ENFORCING E-BUSINESS.
FURTHERMORE HE REMARKED THAT KCC WORKS IN THE FIELD OF DESIGNING AND BUILDING THE INFRASTRUCTURE OF WEBSITES THAT PROMOTES E-BUSINESS AND TRADING BETWEEN COMPANIES, "WE ALREADY STARTED DESIGNING WEB PAGES FOR BANKING, EDUCATION AND REAL ESTATE SECTORS". ESTABLISHED IN 1983, KCC IS THE ONLY GULF COMPANY OPERATING IN THE E-COMMERCE SPHERE AND THE ONLY ONE LISTED IN LOCAL BOURSE.
THE KUWAIT PROJECTS HOLDING COMPANY OWNS 50 PERCENT OF KCC STAKES. (END) AMF.MM. KUNA 091921 Feb 01NNNN