August 13, 2024
Tuesday 13, 2024, Lahore - Systems Limited, a global digitally native company focused on reinventing businesses through innovative technology solutions, has been honoured with the Forbes Asia’s Best Under a Billion 2024 award for the fifth consecutive year.
Leading among the three companies from Pakistan, with a market value of $485 million, $188 million in sales, and $31 million in net income, Systems Limited, the fastest company in Asia, has yet again solidified its status as a leader in the industry.
Systems Limited's five-year streak on the Forbes Asia’s list creates an outstanding spirit of victory that goes beyond conventional success. It strongly signifies a ripple effect of innovation, growth, and progress. It’s more than just another accolade; it’s a significant national achievement, reflecting their core values of integrity, innovation, and dedication.
Over the last 4+ decades, Systems Limited has excelled by navigating the fast-changing tech landscape with a unique blend of innovation, client understanding, and deep empathy. Their advanced, impactful solutions showcase a keen ability to meet evolving business needs while embracing the human aspect, cementing their leadership in the industry.
Mr. Asif Peer, Group CEO and MD of Systems Limited, expressed, "Systems Limited has cultivated a dynamic ecosystem that not only consistently surpasses performance benchmarks but also drives meaningful impact across the industry. Being recognized by Forbes Asia’s Best Under a Billion for five consecutive years demonstrates our ability to outperform industry standards consistently.
He further commented, “Our commitment to nurturing creativity, human-centric solutions, and a forward-thinking mindset forms the foundation of our success. This approach has enabled us to forge enduring global partnerships and establish a legacy of leadership in the digital age. This honour from Forbes reflects the passion, collaborative spirit, and resilience that our employees bring to the forefront of the digital revolution every day.”
According to Forbes’ selection of Asia's 200 Best Under a Billion, qualified companies must generate annual revenue between $10 million and $1 billion, be publicly traded for at least a year, and have positive net income. Forbes then ranks the companies based on earnings growth, sales growth, and return on equity over the past 12 months and the last three years.
Systems Limited has proudly secured its place among the elite 200 chosen from over 20,000 publicly traded firms. Their consistent profitability, embedded in their DNA, ensures sustained financial success across all business endeavours, underscoring their continued success and robust growth.
Read the full list here: https://www.forbes.com/lists/asia200/
With a strong focus on making a significant impact, creating employment opportunities, and fostering empathetic relationships, the company continues to raise the bar, solidifying its reputation as an industry pioneer.
About Systems Limited
Systems Limited is a global leader in digital transformation, IT consulting & services with unparalleled 4+ decades of expertise in digital, data & AI, cloud, digital banking, and beyond. We offer industry-specific services, products, and accelerators across numerous industry verticals, enabling our global clientele to achieve 360-degree value. Being at a leading edge of innovation, we have managed to spread our global footprint across 16+ countries through our subsidiaries, including Systems MEA, Systems KSA, Systems APAC, & EP Systems. Our key strategic partnerships with the world’s leading technology providers allow us to deliver unmatched technological capabilities that empower enterprises to drive and sustain long-term growth.
With a long list of awards and achievements, including five back-to-back Forbes Asia Best Under A Billion, Asia's fastest growing company, Microsoft 2023 Country/Region Partner of the Year for Pakistan & UAE, Most Outstanding Company at ASIAMONEY three times in a row, Temenos Best Delivery Partner 2023 – MEA, top IT exporter, among top 3 companies at PSX, and numerous others, we've established ourselves as a true leader in technological innovation.
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