Pakistani game developers are increasingly in the news. It seems that over the past couple of years, an entire sub-industry has been created out of thin air. Given the political and economic context, this is nothing short of remarkable. Prior to the new all-star lineup featuring companies such as Mindstorm Studios, Pepper.pk, TinTash, Tkxel and [...]
Business may or may not be slowing up in the US, but software companies certainly seem to be picking up customers in Pakistan at a regular clip. On the heels of several ERP implementations by Aisha Steel, Dow University and others, Systems Ltd. has now announced that the Government of Pakistan’s welfare arm, Bait-ul-Maal, has [...]
I threw out a hypothetical question a few months ago. At the time, Netsol had a greatly diminished $24M market cap and I was wondering why a private company like Systems Ltd. wouldn’t just buy Netsol, consolidate, streamline, take it private and grow the business. If I was casually wondering then, I’m keenly curious now! [...]
Going public can be a knife that cuts both ways. Sure, you get immediate access to lots of capital and liquidity. And yes, as a management team, frankly, you get to tell people you’re the cat’s whiskers for having led your company through an IPO. But, in times when fear is the domninant sentiment and [...]
We covered Systems Ltd. in the past and also focused a little on the group’s diversified activities across services, animation and product development. The recent Systems Ltd. board meeting was a welcome surprise to shareholders. The company announced 24% YoY revenue growth, a 60% bonus and 20% cash dividend. For those unfamiliar with Pakistani stock-lingo, [...]
A product built by Systems Ltd., Pakistan’s oldest and largest software company, just won a Customer Innovation Award at the annual Integration World conference, held this year in California. The product that won the award was related to Financial Services; the “Title Insurance and Settlement Services” platform. The customer was Lender’s First Choice. We’ve written [...]
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