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SPEC INDIA Strategizing Penetration into a Rising Economy – Myanmar

Author
SPEC INDIA
Posted

April 19, 2016

Updated

October 3rd, 2022

Myanmar, a neighbour having a close cultural bond with India by the virtue of Buddhism and the Colonial Rule, remained a dispirited economy until the beginning of this decade. A bloodied political history marked by military rules and civil wars with arrests of many a political leaders kept entrepreneurs and investors far away from this country for long.

With political stability gradually making its way into Myanmar after the successful democratic reforms initiated since 2008, leading to democratic elections and the release of the most prominent influencer, Aung San Suu Kyi; has set in mood of a modern era in Myanmar.

Myanmar-ERP

Recent years have seen a steady economic growth in this earlier disturbed country, ensuring a safe and encouraging environment for commerce; attracting foreign direct investments. Myanmar today hosts operations of reputable enterprises like Coco-cola, Pepsi, Heineken, Unilever, Price-Waterhouse-Coopers, KPMG, General Electric and Caterpillar and has representative offices of Banking & Finance Industry like Visa, MasterCard, ANZ, Standard Charter, Bank of Tokyo-Mitsubishi, Japan’s Mizuho and Sumitomo Mitsui Banking Corporation to mention a few.

Esteemed dignitaries like the US President Barack Obama, European Commission chief Jose Manuel Barroso and the Indian Prime Minister Narendra Modi, have offered economic aids and promised strategic ties as a definite push to the economy of this resurgent country.

Information Technology & Telecom

Myanmar herself is prompt in adapting to the new times with the intent of making the most of the opportunities offered thus. Special efforts are being put down in stabilizing the IT and telecoms sector.

Myanmar comes a long way in the last few years for business opportunities empowered by a stable infrastructure for support.

SPEC INDIA to implement a niche ERP in Myanmar

SPEC INDIA associates with a leading FMCG company in Myanmar with multiple subsidiaries catering to a vast consumer base through its strong distribution channels across the country to implement a custom-made Enterprise Resource Planning system catering to the intricate operations of this reputed organization.

With our experience of over two and a half decades of successful associations with Fortune 500 Enterprises and implementations in 25+ countries around the globe, we strike a commendable balance between Cost, Scope and Time for our customized software and business solutions, assuring customer satisfaction and quick Return on Investments.

Our project execution methodologies and quality assurance practices enable us to deliver quality, consistent, on-time deliveries with a rollout for this system expected by the end of this year.