Copy Cat Group Invests in Innovation to Grow Market Share

By Soko Directory Team / May 17, 2016 | 6:51 am




Technology company, Copy Cat Group, is implementing a new transformational strategy to increase its market share in the ICT market.

Managing Director Vishal Patel says the company has been sharpening its innovation edge to develop new products for the modern market targeting businesses, governments and individuals.

“We have invested in a team of innovators that will drive he next phase of the company’s growth,” he said.

Patel, who took over as managing director during Copy Cat’s Group 30th anniversary celebrations held on Tuesday evening in Nairobi,said Copy Cat growth will be driven by new trends in IT such as digitisation, cloud and managed services.

ICT Cabinet Secretary Joe Mucheru challenged the company to list on the Nairobi Securities Exchange (NSE) to spread ownership of the company to other Kenyans.

Read: ICT Sector at The Heart of Vision 2030

Mr Mucheru said that ICT companies are growing fast and transforming Kenya’s economy and should thus spread ownership to the public. “Listing will allow Copy Cat to discover its worth and its owners to unlock the value of their investment,” Mr Mucheru said in his key note address.

He said the management should give Kenyans a chance to share in the success of the company, which was started operations in 1986 as an office machines vendor but has transformed into a full-fledged ICT company providing both hardware and software solutions.

He said ICT companies are primed for growth, noting that studies show 70% of the skills that will be required in the labour market will be technology based.

Mr Patel said he will present the matter to the board to give a way forward. “We will consider it since listing comes with a lot of gains for the company and staff.”

copy cat group
Copy Cat new MD Vishal Patel (right) and founder Nazir Noordin (second right) toast to celebrate the company’s 30 years of operations.

Copy Cat Group offers hard ware and software products and services, which include security equipment, printers and copiers, cash handling equipment, data centres and consultancy.

He said the company had increased its presence in the region with operations in Kenya, Tanzania, Uganda and Rwanda.

Mr Noordin said the company, which in 1994 entered Tanzania market by acquiring Business Machines Tanzania Ltd, is expanding to other regional markets with a presence Uganda and Rwandan market.

“East Africa is an exciting place to be as a technology company,” he said. “The region is quick to embrace technology, with Kenya being a global leader. The contribution of ICT to GDP is growing and we are ready to be part of this growth.”





About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author







Trending Stories










Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE



ARCHIVES

2020
  • January 2020 (272)
  • February 2020 (309)
  • March 2020 (344)
  • 2019
  • January 2019 (255)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (338)
  • August 2019 (293)
  • September 2019 (306)
  • October 2019 (313)
  • November 2019 (362)
  • December 2019 (320)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (256)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (185)
  • 2017
  • January 2017 (183)
  • February 2017 (194)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (173)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950