Aerosoft aims to secure more GLC projects
January 16, 2006
 
COMPUTIMES-NST - HUMAN resource (HR) solutions provider Aerosoft IT Sdn Bhd hopes to secure more projects with Government-linked companies (GLCs) this year.

Its group executive chairman Ahmad Fadzidin Arshad said the company is targeting to capture 60 per cent of the HR solutions used in GLCs, which is expected to bring in an additional revenue of RM3.6 million. Aerosoft recorded slightly over RM1 million in revenue last year.

"There are a lot of opportunities in GLCs when it comes to total HR solutions, as many are still doing it on a manual basis or in silos where many modules of HR like claims, medical, bonuses, recruitment and attendance are not linked electronically."

Aerosoft recently upgraded its Web-based Smart HR solution to include key performance index modules which will allow Government agencies as well as companies to better access their staff, especially in such areas as competencies, performance, strengths and weaknesses.

According to Ahmad Fadzidin, Aerosoft is currently in collaboration with Perak State Development Corporation on a pilot project, which is expected to be completed in May.

He also said all Aerosoft solutions are developed by local talents, but have similar quality like other more established products in the market. An advantage the solutions offer is that certain HR modules are specifically catered for the Malaysian environment such as Employees' Provident Fund and Zakat, he explained.


Moving forward, Ahmad Fazidin said Aerosoft is eyeing for a listing on Mesdaq in December. "We are also looking at exploring regional and Middle Eastern markets for our solutions."


The company currently has presence in Brunei, Indonesia, Thailand and Vietnam.