RTM targets 40 percent growth

RTM targets 40 percent growth

Information technology solutions provider RTM Group has
targeted to post revenue of US$30 million this year, an increase
of 40 percent from that of last year.

RTM Group Director Lasman Citra said on Saturday that demands
for IT infrastructure, applications and solutions have continued
to rise despite the fact that the economy is slowing down.

He said RTM -- one of the five major IT solution providers in
Indonesia -- managed to grow by more than 100 percent last year.

This year, the company, through its subsidiary PT RTM Global
Solution, has signed deals with 50 industrial firms and retailers
to set up IT solutions for enterprise resource planning (ERP) and
resource management.

Lasma said that the company would continue its Asia Pacific
expansion this year, by investing $1 million in East Timor and
Bangladesh. Most of these foreign investments are concerned with
implementing e-government solutions. --JP