Promises Made. Milestones Achieved.
Avanceon’s 5-year Journey of Success from 2013 to 2018.
Five years ago on December 6th, 2013, Avanceon CEO & Founder Bakhtiar H. Wain said in an interview with Business Recorder
Avanceon plans to double its revenue in the next five years. Our plan is to double international sales in the next five years. I am confident that the Pakistan business will grow at a healthy 15-20 percent in the coming four to five years’
Read the full 2013 interview here – http://fp.brecorder.com/2013/12/201312061261939/
On December 3rd, 2018, Bakhtiar H. Wain again sat down with Business Recorder to reflect on Avanceon’s five-year performance and the future
‘Now that we have achieved Highway 50, our next goal is to devise our Accelerated Business Plan where we will capitalize on our experience, expertise and successes.
Accelerated Business Plan kicks off in 2019. It is a 3-year plan that encompasses 100 percent increase in Pakistan core business order generation, and 50 percent increase in international core business order generation by 2021. We plan to establish the international AMS business by 2021 in line with Pakistan success, which essentially means that 50 percent of the fixed cost should be met by recurring revenue. This was one of the core components of Highway 50 plan for Pakistan. Our aim is to achieve a market cap equal to the core business for Avanceon Digital + Services (AMS) in these 3 years’
Check out the latest interview here – https://fp.brecorder.com/2018/12/20181203428213/
Taurus Securities Limited, a subsidiary of National Bank of Pakistan gave a strong investment report on Avanceon Ltd.
For an overview of Avanceon’s performance over the past few years, here is the Taurus Securities Report:-
About Avanceon – Avanceon is an automation consultation and system integration entity that follows an ethical, proactive and sustainable approach to business. As an innovator and disrupter within the automation industry, Avanceon provides state of the art automation solutions on three continents. Established in 1984, with experience of more than three decades, Avanceon is committed to providing excellence to its clients and partners. Avanceon provides end to end solutions, which include Design, Supply, Engineering, Installation, Testing, Commissioning and Maintenance, Avanceon’s executive management has more than a hundred years of experience and insight within the automation industry.