Pakistani tech firm makes it to Forbes ‘Best Under A Billion’

Pakistan’s information technology company, Systems Limited, has been included in the Forbes 2021 list of ‘Asia’s Best Under A Billion Award’ for the second consecutive year.

The list highlights 200 Asia-Pacific public companies under $1 billion in revenue, with consistent top and bottom-line growth parameters. This is the second time in a row Systems Limited has been included in the esteemed list, an official statement said on Tuesday.

Systems Ltd develops software and provides business process outsourcing services. Based in Lahore, the company derives the majority of its revenue from clients in North America, Europe and the Middle East that operate in the telecom, retail, consumer goods, pharmaceutical and finance industries.

The achievement is of utmost importance for the company as it stamps authority over its consistent composite scores that showcase its overall track record that includes sales and profit growth, low debt levels, and robust governance, according to the official statement.

Also read: Pakistani woman makes it to Forbes ‘Next 1000 List’

Being elated on the momentous occasion, CEO and Managing Director of Systems Limited Asif Peer said, “Systems Limited has been able to deploy an inclusive ecosystem that is able to maintain tremendous performance parameters. It’s a great honour and a privilege to lead this organisation to its second consecutive inclusion in Forbes Asia’s Best Under A Billion”.

He added: “The fact that Systems Limited was included the second time on the list speaks volumes of our approach towards customer-centricity, employee ownership, inclusivity, and persistence. I would like to congratulate the entire team including all the employees, stakeholders, partners, principals, and our shareholders who remain loyal to us.”

Expressing tremendous pride in this achievement, Peer envisions that heights never summoned before for Systems Limited in the future. “It’s the collective effort of employees, management, and leadership guardians, that we’re able to ace this amazing achievement.”

Systems Limited holds the distinction of being one of two companies and being the only technology company from Pakistan to be included in the esteemed list for two consecutive years.

Systems Limited was honoured for outstanding business achievement as it joins the 2021/2022 Inner Circle for Microsoft Business Applications and made it to the top 1% of global Technology Partners for Microsoft Business Applications.

Furthermore, the IT firm became Pakistan’s first technology company to cross Rs100 billion market capitalisation.