KSS Technologies, a converged network provider, has announced its results for the past financial year. The company performed above expectation with an economy that was severely under siege. During the past year, KSS recorded a revenue increase of 4.2%, a gross profit increase of 14% and NPBIT of 28%.
During 2009, KSS Technologies consolidated its shares and it increased its BEE shareholding to more than 60%. This endorses the company's commitment to true black economic empowerment and builds on its original commitment to true broad-based BEE principles.
KSS believes that the spirit of true BEE encompasses a variety of elements, not only equity. Social upliftment and nation building, skills development and knowledge transfer, job creation and sustained learnership programmes are all key components of KSS' BEE strategy.
KSS Technologies chairman Ntsundeni Madzunya says going forward, KSS needs to address three major challenges. “We need to decrease our dependence on fewer customers by growing the product sales and similarly our annuity revenue. More importantly, we need to continue our BEE programmes.”
“I am also proud to announce that KSS has, for the second time in six months, received the Cisco Channel Customer Satisfaction Excellence Award, the highest distinction a partner can achieve within the Cisco Channel Partner Program. More importantly, we are one of only five partners in South Africa who currently have achieved this level of rating. This certification is a result of our passionate approach to customer satisfaction,” he adds.
Looking forward, Madzunya says 2010 is a very exciting year for South Africa with the FIFA World Cup. “This event will have both a positive and negative impact on business in general. Although we will ultimately benefit from a stronger economy, during the event there will be very few key decision-makers behind their desks. This will result in a delay in business decision-making, but will allow us to build relationships with our customers, old and new.”
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KSS Technologies
KSS Technologies specialises in the design, implementation and support of converged networking solutions. The company's head office is situated in Midrand with support centres countrywide, providing a national support infrastructure. With a proven track record in the enterprise, mid-market and upper-end small medium enterprise (SME) market segments, KSS provides information communication technology (ICT) solutions that integrate with legacy systems or builds solutions from the ground up through “greenfields” installations. Its approach, methodologies and solutions add unique business value by streamlining processes and eliminating redundant steps for clients within the public and private sectors.
KSS is committed to sustainable human resources and skills development through its continuous investment in highly skilled sales and technical resources, thus creating confidence in our business partners, customers and employees alike. KSS has been committed to true black economic empowerment (BEE) since its inception in 2000 and has increased its BEE shareholding to 41% in 2006. BEE executive management represents 67% of the board.
Certification and alignment with strategic vendor solutions empowers KSS to deliver business value to customers. Certification programmes assist to achieve consistently high levels of service and expertise. This commitment to empowering the organisation is reflected in its quest for certification. KSS received Cisco Silver Partner status in March 2000, highlighting an early dedication to delivering converged network solutions - now a key consideration for businesses eager to leverage the considerable efficiencies and returns that this platform delivers. More recently, KSS was awarded Cisco Customer Satisfaction Excellence, the highest distinction a partner can achieve within the Cisco Channel Partner Program.
In addition, KSS has developed its technical strengths by aligning and complying with standards from world-class vendor programmes, including: Expand Value Added Reseller & National Support partner; Citrix Silver Partner; Microsoft Certified Partner; IBM Business Partner; HP Preferred Partner (Storage & Networking); AXIS Certified partner; CommVault Gold partner and SLi (representing Lenel).
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