# Template
State Owned Enterprises- Company Overviews
OCPA - Ministry of Industry & Minerals
Note: All currency figures are in 000's of Iraqi Dinars unless otherwise noted.
1. General Information
Company Name: State Company for Information Systems
Sector Services
Brief Description Consultation, design and support of information systems. 80% of revenue is generated from other SOEs. Officially launched as an SOE in 2001, but operated as a self-sufficient (profitable) "operations center" since 1983.
Revenue in 2002 (Iraqi Dinars '000s) 1024243
# of Employees 165
Annual Employee Salaries & Bonus 350000
Headquarters Address Ministry of Industry & Minerals Headquarters, Baghdad
2. Company Highlights
Consultation, design and ongoing support of IS are critical for SOEs. These services are inherently local in nature (hard to import).
Profitable since 1983. Also one of the most impressive DG’s I’ve met so far. Prepared creative and efficient plan to restart operations.
Estimated cash needs of $500K USD to restart and operate for 6 months, less if customer payments resume. Half of stated need is to repurchase equipment destroyed and looted.
Good candidate for privatization if services can be upgraded to offer up-to-date technology.
Engineers and staff need training on different levels. They have been isolated from the rest of the world and new technology for many years.
The company must be reorganised inorder to be competitive in the market.
Special attention must be paid to improve technical and marketing capabilities.
Currently the company has one small room in the HQ building for all the staff and managers. A suitable building must be found (purchased or rented) for the company a.s.a.p.
Allocated $250K USD for 2H 2003 operating budget and provided with zero mw off of grid.
3. Facilities
Name Province City Grid Damage % Power Needs
Headquarters Baghdad Baghdad MIM headquarters 1 Minimal
Value of All Plant & Equipment Before War, and Initial Purchase Dates and Prices for Major Items $2,000,000 USD value before war. Initial cost of 150M ID Dates of purchase 1983 - 2003.
4. Products
Product Name Unit Measurement Design Capacity Available Capacity 2002 Production 2002 Revenue
Total Solutions Not applicable Not applicable Not applicable Not applicable 580195
Software Not applicable Not applicable Not applicable Not applicable 252587
Services - Ongoing Support Not applicable Not applicable Not applicable Not applicable 144661
Description of Importance of Products to Other Iraqi Industries All SOEs need IT infrastructure rebuilt and upgraded.
5. Customers
Customer Name 2002 Revenue Subsidized (Y/N) Products Sold to Customer and Unit Pricing
MIM SOEs 0.7
Other governmental entities 0.3
6. Suppliers
Supplier Name 2002 Purchases Subsidized (Y/N) Products Purchased and Unit Pricing
Importers not specified by name
Current Payment Terms From Suppliers Payment after receiving materials (terms not specified)
7. Imports & Exports
2002 Import Markets for Raw Materials
Potential Import Markets in Free Market
2002 Export Markets for Finished Products None
Potential Export Markets in Free Market Minimal
8. Competition
Description of Competitive Situation There are a few private competitors in Iraq, but market is immature. Company claims that there are no large competitors in the local market.
Market Share Description
9. Summary of War Damage & Looting of Property & Equipment
Description of Damage Offices 100% destroyed. Must start from scratch.
Current Operating Status Operating on a limited basis. Employees working from their homes.
Immediate Property & Equipment Needs To Restart Operations New building, furniture, PCs, IT equipment.
Total Cost to Return to Pre-War Condition If Company rents new offices instead of rebuilds: $250K USD. To rebuild would cost $1.25M.
Notes
If privatised and reorganised, this company can play a very important role in rebuilding new Iraq and in modernisation of all the industrial organisations in the country. It can support private industry.
The company was responsible for Information Technology activities within MOI organisations including complete system solutions.
Most of the staff, engineers and programmers are young and many of them are women.
The company has played a very important role in educating and training other organisation in the field of IT.