TDG eyes slice of global software market
The Delgado family’s Transnational Diversified Group is seeking to tap the growing demand in the business software space.
Through Transnational E-Business Solutions Inc. (Tesi), the group wants to position itself as a global player, with focus on the Asian region.
“Tesi wants a share of the global enterprise software space. While North America and Europe were the early adopters that immediately invested in software as a service and customer relationship management platforms, we are seeing significant growth in other regions, especially Asia,” Renvi Martinez, Tesi president and general manager, said in a statement.
According to the company, Asia is expected to show the fastest growth between 2017 and 2022, with firms looking for software solutions that can scale as their businesses grow and evolve.
“It is estimated that software giants own about 40 percent of the global market share—which means 60 percent is meant to for small- and medium-sized providers. This is our piece to take,” Martinez added.
Founded in 2001 to initially support the growing technology needs of TDG, Tesi has grown from five engineers to a team of over a hundred, servicing local and offshore clients.
Article continues after this advertisementIt has since evolved from a single department to become a separate business unit that has taken the lead in exploring emerging technologies.