With a set of impeccable financial results just released, EOH continues to garner affirmation for its contribution to the IT services sector with the announcement that its CEO, Asher Bohbot, is a finalist in the South African chapter of the Ernst & Young World Entrepreneur Awards.
According to Ernst & Young, recipients of these awards “manage companies that are real South African success stories” and there is no doubt that EOH is just that. From humble beginnings of 20 staff and one customer in its first year (1998), EOH is today one of southern Africa's top five IT service providers.
The company listed on the main board of the JSE during its first year and went on to show a year-on-year compounded growth of 44%. Profit soared, reaching R32 million in 1999, just under R1 billion in 2008, and R1.255 billion in 2009, despite the global recession.
While Bohbot attributes the company's success to the diversity of its offerings and services and to its unique operating model, he says its clout lies in a 1 600-strong talent pool and an unwavering commitment to transformation. The company currently has 34.3% black shareholding and has 60% black representation on its board of directors. Employment equity figures stand at 43% and preferential procurement at 70%.
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EOH
EOH is a business and technology solutions provider creating lifelong partnerships by developing business and IT strategies, supplying and implementing solutions and managing enterprise-wide business systems and processes for medium to large clients.
EOH operates in the following three clusters of business units as a fully integrated business:
Technology - Through a number of subsidiary companies, EOH is able to sell, implement and support a range of world-class business applications, including ERP, CRM, business intelligence, advanced planning and scheduling, e-commerce and manufacturing execution systems (MES).
Consulting - Concentrated under the EOH Consulting brand are business units offering services ranging from strategic and business process consulting, project services, change management, supply chain optimisation and education.
Outsourcing - EOH offers comprehensive maintenance and support of client's IT infrastructure and applications through the rendering of full IT outsourcing, application hosting and managed services. In addition EOH offers full business process outsourcing (BPO) services.
EOH has a presence in all major centres in South Africa and operates in the rest of Africa.
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