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Research and Markets: Revenues for the Information Technology (IT) Service Company - SIA Group are Projected to be US$86.8 Million in 2006.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/reports/c47082) has announced the addition of SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile.

SIA - Serial Interface Adaptor
 Group: Company Analysis to their offering.

This report starts with a chronological chron·o·log·i·cal   also chron·o·log·ic
adj.
1. Arranged in order of time of occurrence.

2. Relating to or in accordance with chronology.
 overview of Group SIA, its organizational structure This article has no lead section.

To comply with Wikipedia's lead section guidelines, one should be written.
, and an assessment of its various businesses. It traces the growth of the company and how it has changed over the years. It also includes a critical analysis of SIA within the SWOT framework and a summary of its financial performance.

The report concludes with an outlook - both from the perspectives of the company itself and that of the analysts. It explains key strengths of the company and diverse and extensive client base (healthcare, telecom, energy, banking, public administration, insurance, technology, and education). It sheds light on solutions provided by SIA in the areas of security, systems management, storage and mobility. The company has a dominant presence in the Iberian Iberian

Any member of a prehistoric people of southern and eastern Spain. They were largely untouched by the migrations of Celtic peoples to northern and central Spain beginning in the 8th century BC. Culturally they were influenced by Greek and Phoenician trading colonies.
 IT services market (including Spain Spain, Span. España (āspä`nyä), officially Kingdom of Spain, constitutional monarchy (2005 est. pop. 40,341,000), 194,884 sq mi (504,750 sq km), including the Balearic and Canary islands, SW Europe.  and Portugal Portugal (pôr`chəgəl), officially Portuguese Republic, republic (2005 est. pop. 10,566,000), 35,553 sq mi (92,082 sq km), SW Europe, on the western side of the Iberian Peninsula and including the Madeira Islands and the Azores in the ). Banking & insurance and telecom sectors have been identified by SIA as the growth drivers in the Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river.  market. The company also has a steady base of customers in the public administration domain.
Topics Covered

1. Corporate Overview

1.1 Corporate History
    SIA traces its roots back in 1989 when it was established in
    Spain. Gradually, it marked a presence in Portugal, also.

1.2 Key Facts
    Sales (FY05) US$74.6 million

1.3 Organizational Chart
    CEO
    Enrique Palomares

1.4 Profiles of Key People
    Palomares has been the CEO of SIA since its inception (1989).
    Prior to this he worked at Siemens, Germany.

1.5 Recent Developments
    The company launched a new line of service to address the needs of
    the mid-sized businesses I January 2006.

2.  Business Description

2.1 Business Segments
    SIA's business focus is on providing IT services consultancy,
    infrastructure and services-in four areas- Security, Storage,
    Systems Management, Mobility.

2.1.1 Products/Services

2.2 Geographical Segmentation
    SIA's operations are spread across Spain, Portugal (through CESCE
    IF) and BENELUX (Belgium, the Netherlands and Luxemburg) area.

2.3 Key Partnerships/Alliances

2.4 Client Base
    Nokia and SIA have joined hands in the area of mobility solutions

3.  SWOT Analysis

3.1 Strengths
    Numero uno position and first-mover advantage

3.2 Weaknesses
    Overdependence on Spain

3.3 Opportunities
    Growing demand for IT implementation services
    Increased adaptation of ICT services

3.4 Threats
    Competition from big players

4.  Key Business Strategies
    Targeting the Middle-Market Segment
    Focus on End-to-End Solution Offering
    Increased Focus on Specific Sectors

5.  Financial Performance
    SIA's revenues increased at a CAGR of 50.4% between 2003 and 2005.
    The company's revenues reported a y-o-y increase of 84% to reach
    US$60.8 million in 2004.

6.  Outlook
    The company expects its revenue to increase by 16% in 2006. The
    revenues are projected to be US$86.8 million in 2006.

Figures and Tables


Summary

Group Sistemas Informaticos Abiertos (SIA) is an information technology (IT) services company based in Spain. The company's IT services are focused in the areas of security, systems management, storage and mobility. The company's operations are spread across Spain and Portugal, making it a dominant player in the Iberian market.

SIA's business focus is on providing IT services consultancy, infrastructure and services-in four areas: security, storage, system management and mobility. SIA is a leader and the first IT company in Spain to provide IT services in digital certification. Its numero-uno position is strengthened by nation-wide nation-wide adjdiffuso/a in tutto il paese
advin tutto il paese 
 projects, such as electronic National Identification Document (DNI See Do Not Increase. ). The company stands to gain from the growing demand for IT implementation services in Spain.

Companies Mentioned

* Nokia

* MobileAware

* Protegrity

* Caixa Galicia

* Intellisync

For more information visit http://www.researchandmarkets.com/reports/c47082
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 15, 2006
Words:608
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