China-based CDC Corporation's (CHINA) CDC Software has signed an agreement with Rifle-Shot Performance Holdings where Rifle-Shot will act as the exclusive value-added reseller of CDC Software's process manufacturing industry solutions throughout Africa, especially in the rapidly-growing South Africa market.
Based in Johannesburg, South Africa, Rifle-Shot is a provider of targeted consulting and implementation services in the fields of operational intelligence, including process enterprise resource planning and business intelligence.
Ian Huntly, managing director of Rifle-Shot stated, "We are very excited about this partnership and the expanded benefits we expect to offer our clients through CDC Software's solutions. We have already helped a large number of companies improve their businesses through our software implementations and we believe that CDC Software's industry-focused and proven process manufacturing solutions can now help our clients realize a more value and lower total cost of ownership."
This agreement helps CDC Software expand its footprint in the expanding market for enterprise solutions in Africa. According to Business Monitor International's South Africa Information Technology Report released in May 2008, the total size of the South Africa IT market is expected to increase 45% from USD8 billion in 2007 to approximately USD11.6 billion in 2012. Also, the software market in South Africa is expected to grow to more than USD1.6 billion this year, and to achieve compound annual growth rate of approximately 9% between 2007-2012.