Tangerine sees 20% rise in 2014 revenue

Corporate April 29, 2014 00:00

By Jirapan Boonnoon
The Nation

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Tangerine, a total IT solution provider, is expanding into healthcare and manufacturing, expecting to generate revenue growth of around 10-20 per cent this year.

Managing director Charoenchai Wongpiya said the firm this year was dividing it business into two areas, information infrastructure and cloud solutions, focusing initially on the latter. 
In the infrastructure segment, the company provides the hardware, network and software solutions of its three business partners, EMC, Cisco and VMware, to support enterprises such as banks, finance companies, insurance businesses, government agencies, and utility sectors. 
Tangerine also provides public cloud software for small and medium-sized enterprises. It now offers three main Google solutions that come with Google Apps for Business. These are a cloud-based e-mail system, Google Search Appliance, and Google Maps. The annual service fee is US$50 per user.  
“We are now deploying Google Apps for Business to more than 30,000 users and expect to increase that to 50,000 by the end of this year,” Charoenchai said. 
“We believe that many more businesses this year will begin utilising our IT infrastructure for cloud services, since these solutions will help them save operating costs. We expect cloud business will generate around 30 per cent of our revenue this year, since it has high potential and is a huge opportunity for the market.” 
He said Tangerine this year would also create new marketing programmes such as telesales and telemarketing to increase revenue and expand its customer base. 
He said that last year, the company posted revenue of about Bt700 million, up by around 90 per cent from 2012. Of last year’s revenue, 80 per cent was from information-infrastructure business and the rest from cloud-solution business. 
The firm this year expects revenue growth of 10-20 per cent while expanding its business base into the healthcare and manufacturing markets. Next year, it plans to expand into the security market.   

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