Spescom has announced the appointment of Thomas Makore to the position of chief executive officer (CEO) of Spescom Telecommunications (Pty) Ltd.
Makore - an electrical engineer with graduate and post-graduate degrees - comes to the JSE-listed technology development group with a strong business background.
Since 1993 Makore has held various posts with Siemens, both in SA and in Germany. His most recent position was that of managing director of Diebold SA, a US-based multinational, operational in the ATM market.
In recent announcements Spescom has cited the precarious telecommunications sector as the main contributor to poor financial performance forecasts. This is said to be due to the fragmented nature of this business with trading being heavily reliant on large deals with a small customer base.
According to Spescom CEO, Tony Farah, the group selected Makore due to his technical knowledge which is augmented by a robust business background.
"Telecommunications in SA is a difficult market sector due to the ongoing uncertainty surrounding deregulation. We look forward to having a person with this mix of both technological and commercial skills join the executive team at Spescom," says Farah.
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Spescom is a multinational technology innovator with direct operations in the US, UK and SA.
The group is publicly listed on the JSE Securities Exchange SA (Spescom Ltd), and on the Nasdaq OTCBB : SPCO (Spescom Software Inc).
Spescom addresses the information and communications technology market providing both products and solutions to connect to the network economy, as well as enterprise software to manage information and knowledge.
Specifically, Spescom provides solutions in the areas of access network; enterprise information management; multimedia transaction recording; broadcast; customer contact centres; and test and measurement.
Spescom markets its products worldwide through appointed partners and distributors under the eB brand for its enterprise software, and the DataVoice brand for its multimedia transaction recording solutions.
eB is sold internationally by US-based Spescom Software Inc.
Spescom's global customer base consists of multi-national organisations including leading enterprises in the utilities, telecommunications, transportation, financial, banking and insurance sectors.
Worldwide, customers include Siemens, British Telecoms, Network Rail (formerly Railtrack), Lloyds of London, Barclays Bank, Abbey National Bank, WH Smith, Caterpillar, Bechtel, AmerenUE, Entergy, Bombardier, Ocean Energy, Sempra Energy, Telkom, SABC, Old Mutual, Eskom, Transnet and First National Bank.
For more information on Spescom, please visit www.spescomsoftware.com.
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