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Issue Date: June 2007

Simeka BSG to distribute BIDS technology

7 June 2007

Listed business solutions group Simeka BSG today announced the successful signing of a distribution partnership with Australian enhanced corporate performance management (CPM) specialist Beacon IT Group. The partnership is an important milestone in the global strategy for Beacon IT Groups’ ‘BIDS’ (business information development software) CPM technology.
“BIDS is already enhancing the existing MPC budgeting system for Vodacom South Africa,” said Mike Silber, Beacon IT Group’s country manager for South Africa. “Vodacom chose BIDS because it addresses their capital expenditure budgeting requirements and provides the mechanism for business managers to submit their requests for major project capital expenditure. Vodacom is now extending BIDS to other parts of the budgeting process.”
“We see the BIDS software as perfectly complementing our focus on providing complete business solutions to our clients” said Mr Kamal Ramsingh, chief operating officer of Simeka BSG. “Our ability to provide wrap-around services such as project and change management, financial process analysis and design as well as technology architecture, will further enhance our joint value delivery to clients”
Jeff Zulman - chief executive officer Beacon IT, Joan Joffee - non executive director Beacon IT, Kamal Ramsingh - Simeka BSG Group COO, Madoda Papiyana - Simeka BSG Group HR director
Jeff Zulman - chief executive officer Beacon IT, Joan Joffee - non executive director Beacon IT, Kamal Ramsingh - Simeka BSG Group COO, Madoda Papiyana - Simeka BSG Group HR director
BIDS integrates with existing software applications, financial systems and CPM systems. Alternatively it can be customised with a new CPM system as an integrated solution.


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